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Compensation Transformation: 7 Tips for 2024 Sales Comp Planning

The Spiff Blog

Believe it or not, the new year is right around the corner– and that means it’s time to plan your sales compensation strategy for 2024. In today’s post, we’re offering our top seven tips for a complete compensation transformation in 2024. Compensation Transformation Tip #1: Align your sales comp plans with your business goals.

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Hit Your Sales Targets without Breaking the Bank in 2024

The Spiff Blog

If you’re responsible for reaching demanding sales targets, you must be more dynamic and strategic in 2024. But, if cost-efficiency is a top priority, then extensive sales hiring is an expensive last resort– not a dependable solution. B2B sales has an average turnover rate of 35% ( source ). Let’s get into it!

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AI in Sales: What to Know in 2024

Crunchbase

AI, for example, might share recommendations based on the purchase history and growth patterns of specific customers – and then sales teams can act on these suggestions by offering complementary or upgraded products. Here are three examples of AI sales tools: 1.

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Wouldn’t Sales Call Play-by-Play Analyses be Fun?

Understanding the Sales Force

We are only two weeks away from the 2024 Super Bowl and it got me thinking. Wouldn’t it be cool if, instead of the news that currently appears in your feed, or the sports analysis you just heard, you could read the news of your last few days of selling, or hear the play-by-play analysis of your sales call from earlier today?

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New year, new goals: A checklist to empower your sales teams to close more deals in 2024

PandaDoc

Hopefully, the start of the new year has you super jazzed about what your sales organization will achieve in 2024. We know we’re excited about the potential our sales team has at PandaDoc. A sales team is the powerhouse behind any thriving software company. And let’s remember data analysis.

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5 Role-Play Activities to Incorporate into Your 2024 Revenue Kickoff

Mereo

For a clearer example, any demo should be pithy and highlight the value of the solution so consider setting a time limit of one to two minutes. Have a few people simulate a follow-up call — either with predetermined buyer answers or having another person act as the buyer (like a sales manager or product manager).

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10 Revenue Productivity Stats CROs Can’t Afford to Ignore

Mindtickle

While 2024 is bound to have its fair share of challenges, many sales leaders have kicked off the new year feeling cautiously optimistic. How exactly will these sales leaders approach the year ahead? Recently, we surveyed more than 750 sales leaders to get a better idea of what’s happening in their world.

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