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How to Build Sales Compensation Plans that Increase Retention and Productivity

Sales Hacker

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. Your comp plan can then act as a guide to reaching those company targets.

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Sales Talk for CEOs: The Importance of Sales Leadership in a Changing Economy with Gretchen Gordon (S5Ep20)

Alice Heiman

In a world where sales strategies are swiftly evolving, CEOs can no longer afford to overlook the critical role of exceptional sales leadership. Strategic Sales Planning: It’s not just about the numbers; it’s about understanding the market, retaining customers, and fostering growth through value-driven relationships.

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5 Reasons Excellent Salespeople Can Be Bad Sales Managers

Hubspot Sales

It’s no secret that salespeople often fail as sales managers. Nonetheless, many of the best reps within an organization often end up in management positions. Whether you’re actively seeking a role as a manager or have already gotten a promotion, you should understand the most difficult aspects of the transition.

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How to Design a Fast Ramp Training Program

SBI Growth

And deliver them in a manner that ensures retention and adoption. Sales process: Your organization has a unique sales process. Teach them how to progress a buyer through his journey with your sales process. Training Methods: Role plays: Repetition leads to retention. Step 4: Sales Manager Accountability.

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Managers – Give Up Your Phone Addiction – Sales eXchange 223

The Pipeline

One common example is managers who answer their phone, text, e-mail during a meeting with one of their direct reports, especially during scheduled coaching or review meetings. But this happens much more regularly than many think, and I suspect, more than many of the managers guilty of the act actually realise. Tibor Shanto .

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

Mereo

Hands-on exercises and role-play activities can greatly increase your teams’ retention rates and make your kickoff efforts stick. One person will act as the salesperson and the other will act as the buyer. Set a scenario for them and have the pair act it out. The exercise: Split your teams into groups of two.

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Master the Art of Knowing Who to Call and How to Ask with Tito Bohrt

Sales Hacker

In this episode, we dive into this renewed trend with Tito Bohrt, the CEO of AltiSales, the one-stop shop for world-class sales development. Tito explains when it makes sense to prioritize customer acquisition vs. retention and vice versa. He also shares how company culture impacts productivity and morale, primarily within sales teams.

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