article thumbnail

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. Personalizing sales incentives is a difficult task for a number of reasons.

article thumbnail

How to be Indispensable as an Incentive Compensation Manager

The Spiff Blog

As an incentive compensation manager, you hold a critical role that keeps your organization running. In today’s article, we’ll explain how you can make your efforts stand out and earn you deserved recognition as an indispensable asset to your organization. What does an incentive compensation manager do? Monitor market trends.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Two BIG Reasons Your Prospecting Isn’t Working

Sales Hacker

These rules went into effect in February 2024 and could impact your deliverability. Offer incentives and valuable content to ensure that subscribers stay engaged. You can find the full list of requirements and how to comply on Google. The new requirements include: Email authentication for your domain.

article thumbnail

This Year’s Most-read Articles on Distribution Pricing Journal

Distribution Pricing Journal

Understanding the pricing strategies of competitors can provide invaluable information about the market and how to best position one’s offerings. Read more > > Elevate Your Rebate Game with Technology : Rebates and incentives play a vital role in fostering relationships among customers, sales teams, vendors, and various trading partners.

Journal 52
article thumbnail

Onboarding Sales Talent The Right Way: The Sales Manager’s Perspective

Janek Performance Group

In addition to regular training sessions, coaching, and job shadowing, you should teach every salesperson how to leverage technology and use it as a tool to keep track of data and accelerate the sales process. What matters is the potential mentor’s approach to sales and prospecting. 5) Exit Interview: What Went Wrong?

Hiring 62
article thumbnail

How to Nurture Leads? 7 Effective Strategies for 2024

Lead411

This article explores how to nurture leads and encourage them to buy from you instead of a competitor. How to Identify Warm Leads? How to generate warm leads? How to generate warm leads? How to Nurture Warm Leads? 4: Offer incentives To nurture your leads even further, offer an incentive.

article thumbnail

What are Sales Goals and How to Set Smart Sales Goals for Your Sales Reps?

Mindtickle

In this post, we’ll take a closer look at why sales goals are important to sales teams, how to set effective ones, examples of common sales goals, and steps you can take to track and achieve them. For example, close 50% more details by the end of Q2 2024. They don’t know what they’re working towards – much less how to get there.