The Spiff Blog

SEPTEMBER 7, 2023

As a sales leader, you already know that effective sales performance management isn’t just setting lofty sales targets and then pushing your team to achieve them. These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement.

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Incentives Incentive Scale Compensation 83

Hubspot Sales

OCTOBER 25, 2023

The piece got decent traction, was fun to write, and produced some interesting perspectives on both sides of the argument — so I figured it might be worth it to try the process again with another hot-button sales issue. Argue from the perspective of 'sales commissions are ineffective and should be done away with.'

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Commission Compensation Retention Salary 95

OpenSymmetry

JUNE 30, 2015

With retailers making a shift to omnichannel structures, organizations must find solutions and develop strategies that help drive the desired behavior, improve customer service, and increase customer retention. Incentive Compensation helps: Improve sales performance by aligning sales behavior with business goals to improve efficiency.

Retail 40

Retail Incentives Incentive Compensation 40

Hubspot Sales

MAY 18, 2018

Sales Goals. Monthly sales goals. Below, find out how to set sales goals on an individual and team level. How to Set Sales Goals. Calculate your monthly sales goal. If you’re setting personal or team goals, they should align with annual sales goals. The incentive for your reps to meet their quota?

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Sales Goal Incentives Incentive Quota 145

Bigtincan

OCTOBER 11, 2021

Traditional product training for enterprise sales organizations and retail employees often includes hour-long training videos, reviewing lengthy recorded calls, reading through documentation, and a bunch of other time-intensive training processes that require your sales reps to absorb and, hopefully, retain product information.

Fashion 105

Fashion Software Software Training 105

SBI

FEBRUARY 23, 2020

Brainshark is a data-driven sales readiness platform. Resources All Awards & Recognition Blog Article Brief eBook ebooks & Guides Funding & Acquisitions Industry News Interview Report Video Video Reviews Webinars. Brainshark is a data-driven sales readiness platform. Sales Enablement. Sales Enablement.

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Video Webinar Metrics Face-to-face eBook 128

Smooth Sale

MAY 15, 2024

Get it right, and you can secure business growth and sales. Luckily, targeted products for sale can be an excellent tool for helping to target your ideal audience. Get merch right, and you might even find that it’s as much of an incentive for your niche to buy from you as your products, individually and collectively.

Consumer 91

Consumer Trade Show Hiring Licensing 91

The Spiff Blog

OCTOBER 6, 2022

That’s all it takes for a sales rep to jump ship and take their skills elsewhere. This article will show you how the right commission plan execution can retain your employees, reduce customer churn and increase trust between internal teams. . Prioritize a positive sales culture. One wrong commission payment.

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Commission Compensation Churn Incentives 75

Crunchbase

JANUARY 13, 2022

This article is part of the Crunchbase Community Contributor Series. Please note that the author is not employed by Crunchbase and the opinions expressed in this article do not necessarily reflect official views or opinions of Crunchbase, Inc. The same goes for the health of your sales department.

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Compensation Insurance Insurance Sales Methodology 98

BrainShark

JUNE 28, 2023

Why sales coaching matters — a few key points Knowledge retention Sales coaching activities add an interactive element to learning and are an excellent way to ensure knowledge retention and evaluate whether reps can “play back” what they learned in their training. Problems with sales coaching aka what NOT to do 1.

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Sales Coaching Coaching Scale Hiring 62

PandaDoc

OCTOBER 30, 2023

Gamification took the sales industry by storm in the latter half of the previous decade — and with good reason. Research has shown that there are huge benefits to gamifying your sales process, including better worker productivity and retention when it comes to learning new things. Let’s jump in!

Sales Process 52

Sales Process Incentives Incentive Hiring 52

Sales Hacker

MAY 6, 2021

What’s the difference between a VP of Sales and a Chief Revenue Officer (CRO)? The VP of Sales. Great VPs of sales have gravitas and tact, command the room and hold their end of the table regardless of who is on the other side. Singular focus on sales. As the title would hint at, the VP of Sales should focus on sales.

Hiring 97

Hiring Retention B2C Demand Generation 97

Nutshell

MARCH 19, 2024

As the backbone of any business, the sales team needs to be efficient to meet targets and ensure the company remains profitable. Keeping an eye on your team’s sales productivity is one of the best ways to track performance and nip bottlenecks in the bud. Table of Contents What is sales productivity? What is sales productivity?

How To 71

How To Sales Qualified Lead CRM Face-to-face 71

Smooth Sale

MARCH 21, 2024

Those in the creative arts tend to do best from things like Patreon subscriptions , which allow you to get paid directly by supporters and offer them things like exclusive background access or pieces that aren’t public as an incentive/reward. Today’s insights are provided to help you achieve the Smooth Sale! Celebrate Success!

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Influencer Licensing Hiring Media 110

Act!

FEBRUARY 28, 2024

To create new products and services that solve real problems and optimize customer retention , you must listen to customer feedback and base your decision-making on what users want. In this article, we’ll describe the different stages of these customer feedback loops and show you how to create one for your business.

Customer 52

Customer Analysis ACT Incentives 52

Allego

APRIL 20, 2022

This article originally appeared on Sales & Marketing Management. Before the pandemic hit, the sales kickoff (SKO) was an event where sales organizations could come together to celebrate the past year’s successes, receive training to prepare for the year ahead, align on priorities and build camaraderie. Learn More.

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How To Incentives Incentive Exercises 62

Adaptive Business Services

SEPTEMBER 20, 2017

It’s not very often when an article gets me so agitated that I feel that I have to respond but, this one did … No Commissions, No Quota: the Future Model for Sales? Before you read on, in full disclosure, you should know that I am on the wrong side of 60 and have been in B2B sales and management since 1977. You need salespeople.

Commission 48

Commission Quota Salary Hiring 48

Hubspot Sales

JUNE 16, 2022

The role of a sales team is to sell. The sales manager is responsible for creating, advancing, and managing the people, processes, and systems for their team to be successful. While this job routinely requires setting goals for the team, sales managers must set goals for themselves as well. Sales goals are often specific.

Sales Goal 84

Sales Goal Examples Sales Management Hiring 84

Smooth Sale

JUNE 6, 2022

Improves employee retention rates. Another byproduct of the staff feeling appreciated and valued in the workplace is increased staff retention. A great way to encourage people to do something is to provide them with an incentive for doing it. Reasons Why Your Growing Business Is Losing Out On Sales. Be A Story-Teller.

Education 78

Education Hiring How To Salary 78

LeadFuze

DECEMBER 31, 2021

Sales training accounts for less than one-third of what you should be doing to enable sales. If your sales enablement initiative is not having a big enough impact, it could be because of the common mistake made by companies to confuse training with enablement. Need Help Automating Your Sales Prospecting Process?

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Sales Enablement Training Hiring Banking 52

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? Why Analyze Your Sales Performance?

Lead Rank 59

Lead Rank Lead Scoring Churn Top of Funnel 59

Sales Hacker

SEPTEMBER 24, 2022

Building a sales funnel that aligns with your business goals is essential. I’m the head of Product at Datanyze, specializing in sourcing up-to-date prospect contact info to keep your pipeline flowing and sales funnel fresh. What is a sales funnel? And then there’s the sales funnel. The 4 stages of a sales funnel.

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Paid Content Top of Funnel Funnel Ideal Customer Profile 120

Smooth Sale

MARCH 14, 2023

Increase Your Sales Increasing sales is another way to boost your profits. You can also try upselling or cross-selling to existing customers or offering referral incentives to encourage customers to refer their friends and family. Today’s insights are provided to help you achieve the Smooth Sale! Celebrate Success!

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Outsourcing Services Hiring Loyalty Discount 78

Act!

APRIL 29, 2024

In this article, we’ll take a closer look at what it means to build and manage a great team so you can establish a strong foundation for your organization. That, in turn, motivates team members to do their best work and even helps increase retention. What does a successful team look like? Sign up for a free trial to see how Act!

Handbook 52

Handbook Small Business Small Business Face-to-face 52

Nutshell

MARCH 8, 2023

In this article, we’re giving you the inside scoop on how CRMs impact marketing, sales, and customer service teams to help your business thrive. Retention: In this stage, you want to do what you can to encourage your customer to remain loyal to your brand. But CRM does more than just support your customer service team.

Customer Service 48

Customer Service CRM Customer Marketing 48

Apptivo

MAY 31, 2023

What is a sales funnel? Why is a sales funnel important? Sales funnel stages: understanding the customer journey 4. How to build an effective sales funnel for more sales? Optimizing and managing your sales funnel 6. Prepare for an energizing journey that will boost business’s sales efforts.

Paid Content 52

Paid Content Top of Funnel Funnel Social Media 52

Smooth Sale

APRIL 8, 2022

Note: Our Collaborative Blog offers insights on ‘Reasons why your growing business is losing out on sales. If you feel your business is constantly losing out on sales, it is crucial to know why. Listening is an essential sales strategy. Incentives typically work the best way to encourage staff to take an active interest.

Hiring 78

Hiring Licensing Retail Networking 78

Smooth Sale

JUNE 9, 2023

While the weather can influence ice vending sales in many ways , things like heavy rainfall could discourage people from venturing outside, resulting in fewer customers during that time. Take advantage of government-provided energy-efficiency incentives and tax rebates to help offset costs. Celebrate Success!

Small Business 78

Small Business Small Business Energy Insurance 78

Allego

AUGUST 31, 2022

This article originally appeared on Sales Impact Academy. One of the most important problems an early-stage SaaS business needs to solve is how to drive a consistent and predictable flow of leads into the top of their sales funnel. There is no point in scaling your lead generation activities if your sales funnel is leaking.

Ideal Customer Profile 62

Ideal Customer Profile Hiring Lead Rank Scale 62

Sales Hacker

AUGUST 3, 2022

According to a recent Hootsuite study, business leaders that incorporated social selling tactics into their sales strategy were 45% more likely to see higher conversion rates in 2022. In order to unlock the social sales funnel, company leaders must prioritise a content-driven experience when rewriting their sales strategy.

Social Selling 83

Social Selling Top of Funnel Social Media Strategy 83

Partners in Excellence

JUNE 5, 2019

Recently, I reread an article by Brian Halligan, Replacing The Sales Funnel With The Sales Flywheel. Let me dive in, with the disclaimer, much of what Brian addresses is B2C, though at the end of the article he bridges B2B. As sales people and organizations we have to do the whole job. I will focus on B2B.

Top of Funnel 95

Top of Funnel Funnel Lead Rank Commission 95

Smooth Sale

FEBRUARY 9, 2022

Give bonus incentives when you land a new client. . As the CEO of Smooth Sale, after her near-death experience, Stutz adapted the motto, “Believe, Become, Empower.” Nice Girls DO Get the Sale is an International Best-Selling and Evergreen book – among the classics; HIRED! Sales Tips: Improving Employee Wellbeing.

Hiring 78

Hiring Loyalty Benefit Insurance 78

Hubspot Sales

JANUARY 26, 2022

In this article, we’ll be talking about one called subscription pricing. Simpler customer retention. When priced right, there is a strong incentive to upgrade. For others — specifically, those that offer services or non-physical products like software — pricing may be a bit more challenging. The Benefits of Subscription Pricing.

Scale 86

Scale Buyer Persona Licensing Face-to-face 86

Smooth Sale

NOVEMBER 30, 2022

Attract the Right Job Or Clientele: Do You Want Ideas to Boost Sales and Grow Your Reselling Business. But many wonder about the most effective ways to market a business and boost sales. Boost Sales and Grow Your Reselling Business. Doing so can help generate word-of-mouth referrals and increase sales. Focus On Quality.

Paid Content 78

Paid Content Hiring Social Media Loyalty 78

Smooth Sale

MAY 26, 2022

Adhering to them will help encourage a returning clientele and turn them into your unspoken sales staff. As the CEO of Smooth Sale, after her near-death experience, Stutz adapted the motto, “Believe, Become, Empower. Nice Girls DO Get the Sale is an International Best-Selling and Evergreen Book – among the classics; HIRED!

Customer Service 78

Customer Service Hiring Customer How To 78

Sales Hacker

JUNE 29, 2020

The concept is simple, customers pay a monthly or annual fee to use the software, often hosted in the cloud, rather than a one-time sale, and they get access to new features and updates as they roll out. In this guide, we’ll explore the SaaS sales process and the steps you can take to improve your SaaS sales strategy.

Lead Rank 80

Lead Rank Strategy Scale Lead Scoring 80

Close.io

AUGUST 30, 2019

In other words, we are experiencing the product-led era that came as a replacement to the marketing and the sales-led one. This is what we are going to cover in this article: What are the characteristics of a product-led approach? How is product-led different than sales-led? How is product-led different than sales-led?

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Top of Funnel Lead Rank Marketing Sales Qualified Lead 90