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

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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. If you’re strapped for budget and can’t rely on new hires to hit your goals, here are some tried and true ways you can set sellers up for success in 2024. Let’s get into it! Streamline the ramp-up process.

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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. What does an incentive compensation manager do? First, let’s cover the primary responsibilities of an incentive compensation manager. Recommended reading: A Foolproof Framework for Better Incentive Communication 2.

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Where to Allocate Marketing Budgets in 2023/2024

Sales Hacker

Based on an annual Gartner report on CMO spend for 2023, 71% said that they lack the budget to fully execute their strategies in 2023, predicting that it will remain as restrictive in 2024. The post Where to Allocate Marketing Budgets in 2023/2024 appeared first on GTMnow. Have a fantastic weekend.

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Top Tax Deductions and Credits for 2024: Increase Your Profits

Pipeliner

If you’ve made qualifying purchases, take advantage of the incentives and help your profitability even more. The post Top Tax Deductions and Credits for 2024: Increase Your Profits appeared first on SalesPOP! Energy-Efficient Improvements and Tax Credits There are many benefits to using renewable energy.

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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. Now, let’s talk incentives. Incentives, or spiffs, can really boost motivation. But here’s the key – structure your incentives to make your goals more realistic and achievable.

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Rethinking Metrics: The Shift from MQL to Pipeline in Marketing

Sales Hacker

Only one month into 2024, we’re already seeing a significant shift in the marketing metrics world. Kevin reminds us of the relevant words of the late Charlie Munger, “Show me the incentive, and I’ll show you the outcome.” Ultimately, pipeline is a better-suited incentive for marketing to deliver superior outcomes.