article thumbnail

Compensation strategies for keeping salespeople engaged

Sales and Marketing Management

Sales teams should look to data to optimize compensation and retain remote sales teams as the novelty of remote work wears off and employees become more disengaged. Let’s explore three ways that sales leaders can utilize data and analytics to stay afloat amid the crisis and keep teams motivated. Analyze compensation effectiveness.

article thumbnail

Is Your Sales Compensation Driving the Right Behaviors?

SBI Growth

It's a critical time of year for sales compensation. If the compensation plan is not effective it will have profound negative effects. For example: selling low margin products because they maximize the compensation payout. A compensation problem may soon morph into a retention problem. Compensation: One Factor Among Many.

Insiders

Sign Up for our Newsletter

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

article thumbnail

It’s Time to Pay Marketers Based On Their Financial Impact

Sales and Marketing Management

Business leaders need to be able to meet a marketer or PR pro and say the same thing. The commission model for marketers. As a former CMO and CCO in large technology companies, I’ve worked closely with a lot of marketing teams and agencies. Those same marketers received sizable discretionary bonuses as a result.

article thumbnail

How Sales Teams Can Recruit & Retain College Grads in the Tight Labor Market

Sales and Marketing Management

Author: Mike DeLeonardis, President, North America at beqom Generation Z graduates, or those born between 1997 and 2012, are flooding the workplace, and with a flowing economy and tight labor market, it can be difficult for companies to recruit and retain these entry-level employees. Personalize Compensation Packages.

Lead Rank 166
article thumbnail

Conquer the Climb: Overcoming Digital Marketing Challenges for Small Businesses

BuzzBoard

An Overview of Common Digital Marketing Challenges Small Businesses Face Sales teams in digital marketing agencies frequently face a common set of challenges when selling solutions to small businesses. According to Google, only 37% of small businesses employ digital marketing to sustain their operations online.

article thumbnail

Territory Managers: A Look at Their Role, Skills, and Compensation

Hubspot Sales

Here, we'll take a closer look at what a territory manager does, the skills they're expected to have, how they're compensated, and the emerging practice of online territory management. The Awareness and Analytical Skills to Determine Whether Sales Strategies Are Working.

article thumbnail

3 Ways Technology Can Streamline Your Sales Performance Management Strategy

Sales and Marketing Management

There’s a simple solution that will help streamline this issue and create more time for sales reps to spend actually selling the product or service: implement a sales and compensation system that’s transparent and easier to understand. Lack of transparency can also lead to inaccuracy within a company’s compensation calculations.

Strategy 223