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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Sales Hacker

MARCH 6, 2018

This article takes you through 5 crucial tips to efficiently manage your sales pipeline. Before we jump right in, let’s define what a sales pipeline is. A sales pipeline is a systematic and visual representation of your sales process. Review your team’s pipelines at least once a week.

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Sales Hacker

OCTOBER 7, 2022

David shared with me that his seminal text on sales comp maintains a steady sales volume since it was first released nearly 20 years ago. The event’s session agenda read much like it has in years past, with topics including sales comp fundamentals , plan design, quotas, analytics, and sales force motivation.

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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. And, quotas have gotten increasingly harder to hit.

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Sales Hacker

JULY 17, 2019

Now, look at his advice: To become a sales manager, you essentially need to become an extension of your HR team — something every employee can do to make a positive impact on the organization. Of course, I also wanted feedback from industry veterans — the folks who are training & coaching sales management teams around the globe.

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Janek Performance Group

JUNE 13, 2022

If this sounds too familiar and you want to break the end-of-the-month fire drill, this article is for you. In March I wrote an article on time management and how much selling we actually do as salespeople. I agree, for common sales reps, the end of the period fire drill will be the standard. You have a few options.

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Hubspot Sales

OCTOBER 20, 2020

Another effective means of enabling sales excellence is allowing for overachievement commission — slightly increased commission on any sales made beyond quota. If your business fits that bill, there are still some sensible courses of action that motivate excellent sales reps without straining your company's budget.

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Gong.io

JULY 11, 2022

But aside from the obvious environmental difference, there’s a lot more that separates inside from outside sales teams, and that’s what we’re going to explore here. In this article, you’ll learn everything you need to know about inside sales, from team structures and salaries right through to inside sales processes and models.

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Braveheart Sales

OCTOBER 22, 2020

Can sales managers become true coaches rather than simply managers and directors? Even if the manager is not a master at coaching, more time is better. Refer to this article to see the stats associated with this claim. Create one that incents the behavior you desire and eliminates subjectivity and ambiguity.

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BrainShark

JUNE 28, 2023

Increases sales capacity and productivity Sales coaching is integral to increasing your sales capacity (what your sales team is actually capable of achieving within a given period) and making quota consistently despite fluctuating headcount or market conditions. Get creative!

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Highspot

AUGUST 2, 2022

To truly maximize revenue, the sales team requires a style of management that uses collaboration, analysis, and a proactive approach. This is where sales performance management(SPM) comes in. Sales leaders offer that direction. How Do You Measure Sales Performance? Gain Control of Quota Management.

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Sales and Marketing Management

NOVEMBER 5, 2018

Author: Tim Houihan A single-page article in print is rarely enough for me to the get the message across, so this online extra helps fill in the blanks. Q: Why not use quota as a bar to require reps to pass before they’re eligible to earn in the incentive program? Give people who are near quota a chance to be winners.

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PandaDoc

OCTOBER 30, 2023

It’s one reason that interoffice sales games have become a go-to strategy in most major organizations. In this article, we’ll take a closer look at sales gamification, why it works, and what you can do to gamify your sales process and increase your revenue. Let’s jump in!

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Sales Hacker

MARCH 12, 2020

That’s why it’s critical to overcome indecision and move quickly when recruiting sales talent. In this article, we’re going to help you do just that by showing you 5 ways you can overcome analysis paralysis and get the right talent where and when it’s needed. Is it unrealistic sales quotas? Is compensation too low?

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Hubspot Sales

MAY 9, 2022

Even the most seasoned, effective salespeople can struggle when hashing out how to lead a sales team. Taking the reins doesn't come naturally to everyone, and even born leaders might need a little guidance when transitioning into a sales management role. Let's dive in. Be thorough and thoughtful when hiring.

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Highspot

OCTOBER 30, 2023

In this article, we help you navigate the intricacies of sales performance metrics, guiding you on which ones are pivotal and how best to measure them. What Is Sales Performance? Sales Performance vs. Sales Metrics Why Analyze Your Sales Performance?

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The Spiff Blog

OCTOBER 28, 2022

Unattainable or irrelevant goals: In sales, reps live and die by their quotas. Yet, quota setting is one of the areas that comes most difficult to sales managers. In fact, 61% of sales managers cite quota setting as their biggest challenge ( source ). Prevention vs. Intervention.

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Smooth Sale

MARCH 17, 2022

According to the report “Gaining the Talent Advantage: The Case for Gender Diversity in Sales” by CEB : 35% of sales managers said they could not find qualified candidates for open positions, yet women are underrepresented in sales. The B2B sales landscape is shifting towards women in sales.

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Sales Hacker

MARCH 22, 2021

We recently sponsored a webinar with Sales Hacker to provide an answer to these questions and more with expert insight and sales motivation strategies from: Scott Barker, Head of Partnerships at Sales Hacker [Moderator]. Jenna Donohue, Sales Manager for Emerging Segment at Outreach. Ashley Kelly Mealy, Sr.

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Sales and Marketing Management

JANUARY 27, 2019

Author: Brad Wilsted Note: This is part 3 in a 3-part series on the powerful role sales management plays in driving sustained revenue growth – and how companies can better leverage this critical position for improved top-line performance. Hire the right sales managers. Establish a Company Way for sales management.

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Janek Performance Group

MARCH 17, 2023

If sales success is in the hands of the customers, sales reps will need new skills to outperform the average. Sales reps questioning if they have the skills to compete in this new environment are likely already falling behind. This article explores the pitfalls of average sales skills and the path to high performance.

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PandaDoc

NOVEMBER 15, 2021

The term “sales culture” is a bit of a fuzzy concept. Its quality can’t be measured the same way your team’s monthly revenue, email activity, average tenure, or quota achievement can, but that doesn’t mean it’s irrelevant. Take advantage of a number of sales competitions and incentives.

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Gong.io

OCTOBER 27, 2021

Got reams of sales data? They’re game to dig into the details on performance metrics and process optimization, create new strategies for things like rep incentives and training, and analyze potential tech solutions and tools. They do that for your sales team and across the entire buyer journey (customer success, etc.).

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OpenSymmetry

JANUARY 27, 2016

A critical element that is relatively new is territory optimization and we will examine the case for this in this article. Secondly, it forces companies to think about how territory, quota, role, and incentive design fit together to develop an efficient, motivated salesforce. Usain Bolt holds the wold record for the 100m at 9.54

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OpenSymmetry

NOVEMBER 22, 2016

How likely is your sales incentive plan going to be dead on arrival, riddled with holes caused by requests for changes and exceptions? At least three months prior to the new year, finance teams slave over intricate details and policies for sales incentive plans to make for a smoother payroll cycle next year.

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Vengreso

NOVEMBER 2, 2021

Elements of a successful sales culture include how productive sales professionals are, how much they sell, how long they’re retained as employees, and how engaged they are with the overall mission of the sales organization. All of these things are vital to enhance the long-term performance of sales teams.

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HeavyHitter Sales

JULY 1, 2011

Top 7 Critical Sales Trends for 2012. IT Sales Strategy: Software, SaaS & Hardware Sales. Best New Sales Book of 2011. If Sigmund Freud Was Your Sales Manager. Four Critical Sales Kickoff Meeting Success Factors. Why Year End Deals Dont Close: THE CESSPOOL! Are Top Salespeople Born or Made?

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PandaDoc

DECEMBER 13, 2018

Not only is gamification popular, it’s a proven and effective sales performance booster. 71% of sales managers said when they implemented it amongst their sales team they saw an 11% to 50% improvement in sales performance. In this post, we’ll share ways you can gamify your sales process to increase your revenue.

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LeadFuze

JANUARY 1, 2022

Outsource sales team can be a good thing, but you need to make sure that expectations are set before the process begins. When I began hiring salespeople, it was difficult to know which outsourcing company would be able to help my business meet its quota. Will your outsource sales team really affect the top and bottom line?

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Troops

APRIL 18, 2018

It’s great if you can fill the top of the funnel, but you won’t get far if your sales pipeline is a leaky bucket. This article is designed to help you identify ways to improve the way you engage with prospects in your sales pipeline stages. The importance of defining sales pipeline stages. Rethink incentives.

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Sales Hacker

JUNE 17, 2019

One of the most common ways companies choose to motivate or incentivize sales reps are monetary bonuses, but guess what? Yes, cash incentives, bonuses, and competitions are nice, but they’re not the only thing your sales reps want. Why did my quota go up? Performance Booster #1: Transparency in the numbers.

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LeadFuze

MAY 17, 2021

What is a Sales Manager. A sales manager is a person that’s responsible for building, leading, and managing a sales team within an organization. . A sales manager will work closely with managers of other departments, as well as communicate with prospects and customers on a regular or semi-regular basis.

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Janek Performance Group

NOVEMBER 5, 2014

More revenue… More sales… Exceeding quota… These are all statements that sales professionals think about and focus on. However, many sales professionals associate hitting these targets with finding new customers rather than cultivating, nourishing and enhancing existing relationships.

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Sales Hacker

APRIL 11, 2019

Extrinsically motivated sales reps work for the money. This sales rep talks about money, commissions, bonuses, comp plans, incentives, and their numbers start to drop when they feel like something may affect their compensation negatively. Altruistic sales reps find motivation through supporting and serving others.

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PandaDoc

JULY 11, 2022

Many businesses think that improved AI and data forecasting can optimize sales performance by transforming it from an art form into a science. But, while it’s true that data can improve sales, it’s no excuse for failing to hire the right sales experience for your team. Before you start: Sales reps by the numbers.

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Sales Hacker

OCTOBER 30, 2018

An engaging speaker and innovative seminar leader, Joanne is changing the business of sales. As a member of the National Speakers Association, she regularly speaks at sales and incentive meetings, sales conferences, and association meetings. She demonstrates how sales performance is directly related to a leader’s mindset.

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Allego

MARCH 16, 2023

So, you need to prepare for every possibility, writes Selling Power ’s Margaret Littman in her article, What Lies Ahead for Sales. Invest in Capability Building: Create learning and development programs for your sellers and managers to ensure they have the knowledge and skills to succeed.

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