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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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Top Tax Deductions and Credits for 2024: Increase Your Profits

Pipeliner

Instead of depending on your memory, use a business expense tracking app so that at the end of the year, you can pull the information and receipts and accurately and easily save on your taxes. If you’ve made qualifying purchases, take advantage of the incentives and help your profitability even more.

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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. User preferences In an age where information is abundant, users are becoming increasingly savvy about the consequences of opting in. Ultimately, pipeline is a better-suited incentive for marketing to deliver superior outcomes.

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Two BIG Reasons Your Prospecting Isn’t Working

Sales Hacker

. #1: Your Prospect Data Isn’t Accurate The Importance of Accurate Data in Prospecting Whether you’re nurturing warm leads or reaching out to cold prospects, having access to accurate contact information is crucial. These rules went into effect in February 2024 and could impact your deliverability.

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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.

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