The Spiff Blog

APRIL 27, 2023

Real World Examples of How to Motivate Employees During Tough Times Let’s look at an example of how motivation and reward go hand in hand. When employees understand how their performance is measured and how it impacts their compensation, they are more likely to feel a sense of ownership and accountability for their work.

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Janek Performance Group

MAY 25, 2022

If you are in sales, you likely see yourself as a leader. If you are a sales manager, you must be a leader. But if sales management is a new role for you, it can feel like you are swimming upstream. First Rule of Sales Leadership: Know Your Purpose . What is that purpose of a new sales manager?

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Marc Wayshak

MAY 25, 2022

If so, you might often find yourself thinking, “I feel like with just a couple of small tweaks, we could be making so many more sales…”. One of the most common questions I get from sales managers is, “How can I make some small changes that will allow my sales team to sell significantly more?”. Scalable offering.

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Your Sales Management Guru

DECEMBER 26, 2017

The Sales Manager Boot Camp. Becoming a new sales leader is overwhelming. Suddenly you go from having a quota to managing the quotas of multiple people. You must quickly learn how to juggle the needs of your salespeople with the demands of your organization’s leadership. For the New Sales Manager.

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No More Cold Calling

AUGUST 1, 2019

The problem is with typical sales metrics. If sales managers hold their people accountable for the number of phone calls they make, emails they send, and invitations and InMails on LinkedIn, that’s how they’ll prospect. Put a referral system in place, with training, metrics, and accountability for results.

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Openview

SEPTEMBER 21, 2017

Anytime someone moves into a new role, there is an adjustment period to figure out how to be effective. When that transition is from an individual contributor to manager, that adjustment can be even more jarring. Building a great sales management team is key to a sales team’s success. Nothing else matters.

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Xactly

JANUARY 18, 2019

When it comes to designing sales compensation plans , there are many factors that can affect the success of your plan. To help ensure you set your sales team up for success, here are six steps to setup a commission plan. Data is the most important and useful tool for any part of a strategic sales plan. Optimize Your Sales Plan.

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Janek Performance Group

NOVEMBER 5, 2014

Sales Managers Tip – Incentivize your reps to get more from existing relationships A savvy sales manager should not only provide incentives for spotting new opportunities and landing new clients, but also reward sales reps for capitalizing on existing customers.

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Alice Heiman

DECEMBER 16, 2020

Why Every Sales Team Needs to Use Mutual Action Plans . Don’t make the mistake of assuming your buyers understand exactly how to buy from you. For the B2B complex sale, b uying is notoriously a long, hard s log for B2B buyers. How to Create a Mutual Action Plan . MAPs lead to more accurate sales forecasts.

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LeadFuze

JULY 7, 2023

Knowing how to set sales goals is a crucial skill for any business owner, sales manager or marketer. It not only drives revenue growth but also helps in managing customer churn and acquisition costs effectively. But setting effective sales goals involves more than just choosing an arbitrary number.

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Close.io

OCTOBER 1, 2018

So you want to become a sales manager ? First you’ll need to make sure you’ve got the right skills, experience, drive and track record at the helm in both selling and at managing others—in order to back yourself up. Want to get a ready-made set of resources to manage a sales team effectively?

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Steven Rosen

MAY 28, 2014

But once the task required “even rudimentary cognitive skills” a larger incentive “ led to poorer performance”. Other studies have supported these findings yet sales leaders have continued to use higher incentives to drive performance. I shared with him the research on sales mangers coaching and sales rep performance.

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Xactly

JULY 5, 2018

One of the most important things to consider when designing plans are the different roles on your sales team. Sales managers and their reporting reps will have responsibilities unique to their roles, which means your compensation plans should be tailored to different roles. Annual Target Incentive. On-Target Earnings.

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Xactly

JANUARY 7, 2019

The start of a new year comes with a new sales plan—and that means you must reassess your sales capacity needs , align and balance sales territories , and create a sales incentive plan that drives sales performance. Enter sales compensation planning. The Importance of Sales Compensation Planning.

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The Spiff Blog

OCTOBER 19, 2023

Recommended reading : How to Develop a Winning Sales Compensation Philosophy Compensation Transformation Tip #3: Personalize your sales incentive programs. Personalizing sales incentives is a difficult task for a number of reasons. This sort of change may seem small, but it’s significant.

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Xactly

JUNE 7, 2018

Incentive Compensation Management (ICM) solutions help companies manage their sales compensation plans and calculate commission payments. Xactly Connect also: Provides more control over data and the flexibility to choose how to implement their data integration processes.

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Hubspot Sales

MAY 29, 2019

So you’ve just been promoted to sales manager -- congratulations! In your first three months as a manager, you’ll have to learn an entirely new set of processes -- some related to sales, some not. Assess your strengths as a manager. Understand how your team wants to be managed. Potential value: $100.

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Openview

JANUARY 14, 2019

So someone needs to manage the account actively. Should companies that transition to a SaaS model have one salesperson who does everything — closing the deal and managing the account? Or should they split the task between two reps — one who hunts down the sale and the other who nurtures the customers over time?

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Sales Hacker

APRIL 19, 2022

In this article, I’ll outline the principles of compensation design , how to build sales compensation plans , and include resources to set OTEs and quotas that keep your reps happy and hungry for more. Why Sales Comp Planning is Key to Rep Retention. What’s the ideal timeline for building and communicating comp plans?

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The Pipeline

AUGUST 14, 2014

Examples in sales may be lead to opportunity conversions, or proposals to close. You often hear sales managers and director speak of how they are doing against their KPI’s. Or “what do you want me to do, get sales or complete the KPI’s you gave me?” What’s in Your Pipeline? Tibor Shanto .

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Hubspot Sales

MARCH 21, 2019

The results of the sales velocity equation reflect the health of the business, overall effectiveness of the sales team , and where the team can increase sales productivity to positively impact revenue goals. HubSpot Director of Sales Dan Tyre says, "Every sales manager lives in fear their sales pipeline is a bunch of fluff.

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Hubspot Sales

NOVEMBER 28, 2023

A management–frontline sales team or a senior leadership–middle management relationship are great examples of sales collaborations. Suppose a regional sales manager collaborates with individual sales reps to understand ground-level challenges and provide tailored strategies and resources.

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LevelEleven

MAY 17, 2018

Q & A with Derek Wong, Geopointe Sales Development Supervisor. Many modern sales teams are implementing a Sales Management System that integrates with their CRM in order to motivate, engage, and coach their teams around the behaviors that support their business goals. We’re in sales and salespeople like incentives.

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No More Cold Calling

SEPTEMBER 21, 2017

It’s sneakier than gender discrimination or racial prejudice of old, but just as damaging for careers, relationship-building opportunities, and account based sales teams. What moved me the most were the comments from immigrants and minorities, who wrote about how they experienced the same biases as women in sales.

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Zoominfo

OCTOBER 6, 2020

Vice President of Sales at ZoomInfo, Steve Bryerton, shares his thoughts on how to implement a Team Lead within your organization. Picture this: You’re a sales leader, currently responsible for a team of nearly 10+ sales development reps. But we have to warn you, there are sales leaders who will advise otherwise.

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PandaDoc

NOVEMBER 15, 2021

The quality of your sales culture determines how much your salespeople sell, how productive they are, how long they stay with your organization, and what benefits can your sales organization expect to reap from how you’ve structured your sales team. How to build a winning sales culture.

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LeadFuze

JUNE 2, 2021

What do Top Sellers Know on How to Close a Sales Deal. 7 Techniques on How to Close a Sales Deal. This is a close that takes into account the power of self-interest. A take away close is when you give the customer something as an incentive. ” 6 Tips on How to Close a Sales Deal.

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Chorus.ai

JANUARY 17, 2020

Effective management oversight and a departmental culture that doesn’t over stigmatize underperformance can help. How to Get Out of a Sales Slump While it starts and ends with sales reps, responsibility for breaking a sales slump shouldn’t fall squarely on their shoulders. Next, consider your tech stack.

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SalesLoft

DECEMBER 23, 2019

It’s tough as salespeople, tougher for sales managers, and even tougher for VPs and CEOs. Know how to forecast, and . Here are some forecasting tips for front line sales managers responsible for their team’s targets. Do they have the budget to pay for your solutions and how will they implement them?

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Xactly

MARCH 29, 2018

Rather than scheming up some pranks for the office (we’ll leave that to you), we’re focusing on how you can avoid being a sales management fool with these 10 tips! Download our guide, "Inspiring Sales Rep Performance," to discover top tips on how to inspire sales reps and maximize their selling power from 10 industry experts.

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Steven Rosen

JANUARY 26, 2014

Many sales managers ask me how to ensure that they have a highly motivated and engaged team. The reason I do this is because if you understand “WHY” someone is putting in a high level of effort to attain a specific goal, then you know how to motivate them. Motivators: Motivators are different for each sales rep.

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Partners in Excellence

SEPTEMBER 29, 2013

How do we start assessing problems and performance issues to make sure the organization has the ability to perform at the highest levels? We have to have a Sales Management Operating System. It enables us to understand individual performance issues and how to address those.

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Zoominfo

OCTOBER 6, 2020

Before jumping the gun and hiring a seasoned veteran or promoting a rep from your (relatively) green team to sales manager, you should consider a middle ground: a team lead role for the inbound crew. But we have to warn you, there are sales leaders who will advise otherwise. And as a manager, you don’t have time to create one.

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Openview

FEBRUARY 5, 2018

As a sales leader, you are evaluated by the success of your team – for better or worse. One clear strategy to hold yourself accountable to this is to tie your compensation directly to that of your team. Align incentives with company goals. A chance to work on bigger accounts? Break them down. More vacation time?

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Sales Hacker

MARCH 6, 2018

Most sales managers don’t recognize this and assume that just because their reps have 30 opportunities in their pipeline they can work intently on these and forget about generating new business opportunities. Using a video message is a good example of how to do this. Alternatively, it could be that it’s merely been forgotten!

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PandaDoc

MAY 26, 2022

A clear sales strategy ensures that your sales reps are operating on the same page and that they’re following the same priorities, measurable processes, and targets that lead to success. Here’s a closer look at how to write a sales strategy that works. How to write a sales strategy that actually works.

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The Spiff Blog

OCTOBER 6, 2022

But remember that while the execs are driven by revenue and low customer churn, your sales reps are driven by their incentive compensation plans. Sales reps are trained to track dollars and revenue (yes, you’ve taught them well), so of course they’re going to track their own. Prioritize a positive sales culture.

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