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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Sales and Marketing Management

JUNE 29, 2020

Being well-prepared and truly understanding how to get your people, your operations and your sales back and running at full bore will be essential for survival. As organizations emerge from the pandemic crisis and fire up their sales engines, it’s clear that the channel must adapt?— Leverage the right engagement tools to drive sales.

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Xactly

MAY 10, 2018

Historically, sales performance incentives have been focused on individual recognition. Plans like individual sales quotas are designed to reward, recognize, and help retain high achievers, as well as motivate the average and below average performers to go above and beyond. Or, keep reading for more sales plan ideas.

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Incentives Incentive Cost Per Thousand Compensation 49

Sales Hacker Training

SEPTEMBER 10, 2018

Good sales leaders are always on the hunt to bring in new talent that can help a business grow. Still, they don’t always nail down the details when it comes to the things that might entice a prospective salesperson — like a well-rounded sales compensation plan , for example. Creating a Winning Sales Incentives Program.

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The Spiff Blog

OCTOBER 19, 2023

Believe it or not, the new year is right around the corner– and that means it’s time to plan your sales compensation strategy for 2024. But, in this era of constantly shifting market conditions, it can be difficult to know what changes will best set your sales organization on the path towards success. Don’t worry, we’re here to help!

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BrainShark

JULY 9, 2022

The right channel partner training software can help with this. In this article, we’ll show you how Brainshark — our sales enablement solution and a Bigtincan company — delivers these five features in detail. Reporting and analytics to make informed decisions about improving training engagement and results.

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Channels Software Software Training 62

Pipeliner

MAY 9, 2023

In business, a successful sales team can make all the difference. Creating high-performing sales reps means supplying them with everything they require to reach their objectives, from motivation and professional growth. Building a successful sales team requires the right talent, strategy, and leadership.

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Sales and Marketing Management

JULY 26, 2017

With those numbers in mind, if you are a sales manager, HR director, marketing manager or other executive charged with increasing employee engagement or driving customer loyalty, what tools do you think make sense to use as your starting point? Software is eating the world,” stated Marc Andreessen in a 2011 Wall Street Journal article.

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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?

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

Act!

APRIL 16, 2024

Did you know that by 2025, 80 percent of B2B sale s interactions between buyers and sellers are predicted to happen virtually? That’s how fast the remote sales landscape is evolving. Virtual sales teams allow organizations to optimize costs, hire the best sales talent worldwide, and engage with prospects in different time zones.

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The Spiff Blog

APRIL 11, 2023

If you’ve spent any time in sales, chances are you’ve witnessed gender bias and discrimination in action– even if you weren’t aware of it at the time. That’s why, as part of our ongoing Sell Like a Girl series, we’ve delved deep into the topic of gender bias in male-dominated industries like sales.

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Commission Hiring Face-to-face Incentives 83

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!

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Sales Process Incentives Incentive Hiring 52

Sales Hacker

AUGUST 26, 2021

That’s how my friend Stacey describes the way sales compensation plans have changed over the last 15 years of her SaaS career. Why do sales compensation plans have to be so complex? Sales compensation was set up to ensure that reps are suitably rewarded for their performance. Usually, draws stop after the third month.

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The Spiff Blog

MARCH 8, 2023

Earlier this year, Whitney Sharpe , Vice President of Sales at Mindlance shared a TikTok that has since gone viral. The clip shows her, not in her typical role as a seller, but as a buyer evaluating a piece of software. Sales, specifically, has a long history of being a male-dominated profession due to underlying gender bias.

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Face-to-face Incentives Incentive Commission 76

Crunchbase

JUNE 28, 2021

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. . Sales is a dynamic area of business that’s constantly in flux.

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The Spiff Blog

MAY 31, 2022

Convincing your boss to sign off on more resources for sales comp can feel like an uphill battle. After all, does your organization really need to sink even more money into sales compensation ? Compounded over time, even minor blips can erode the trust sales has in the finance team and in the organization as a whole.

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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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InsideSales.com

JULY 1, 2020

In times of high productivity, you may turn your focus to KPI’s to manage and monitor the flow of sales through your business. However, even in times of growth, it remains an important key factor of all businesses to keep strategizing for the potential growth of sales revenue. How is your top sales-people performing?

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Sales Hacker

MARCH 29, 2021

Partnerships are driving more leads and sales than ever before, and this is only projected to grow. PartnerOps (or ChannelOps) is newer than sales and marketing ops , but it is important to driving growth in the age of the ecosystem. Forrester estimates that 75% of world sales flows through indirect channels.

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Sales Hacker

DECEMBER 14, 2018

This is an example of a nice incentive to shop that is attractive to a buyer and provides a little extra perk. On the other hand, Chad Dyar , Director of Sales Enablement of OnDeck , recommends saving on new technology so you can splurge on upgrading your current tech stack. “ Sales Hacker commentary: Twice the amount!

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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. Revenue At the end of the day sales coaching delivers ROI.

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LeadFuze

MAY 26, 2021

Why is it Important to Celebrate Sales. Sales and marketing are a match made in heaven… or at least they should be. To make matters worse, there’s often a disconnection between sales and marketing, resulting in broken communications, blame, and frustration. However, the benefits of aligned sales and marketing are clear.

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Vengreso

JUNE 6, 2023

Top earners in sales use top sales strategies to attain their success. Brown , the CEO of CEO Sales Strategies and a Sales Revenue and Profit Growth Expert. Brown , the CEO of CEO Sales Strategies and a Sales Revenue and Profit Growth Expert. For this week’s episode, I am joined by Doug C.

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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.

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Sales Goal Examples Sales Management Hiring 79

Distribution Pricing Journal

OCTOBER 2, 2023

The distribution industry traditionally faces low margins in each sale. It is difficult to keep your bottom line healthy without technology-driven approaches to pricing, sales execution, operations and value-added services. Or you might underestimate your margins leading to lost sales.

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Pipeliner

MARCH 18, 2021

Done correctly, cross-promotion can dramatically increase your sales and lift your bottom line in your value chain. In an affiliate program, you offer a commission in exchange for a sale. Make note of the kind of articles the website likes to publish, as well as what voice and tone they use. Only, it’s anything but.

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The Spiff Blog

APRIL 7, 2022

Gone are the days when commission, bonuses, and incentive pay were accounted for as direct expenses. It’s also more familiar— you can jump right in to your next ASC 606 report without having to stop and learn a new software. Bespoke software is technically customizable— for your vendor’s engineers. Think about it.

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Gong.io

JULY 11, 2022

These are the luxuries afforded to the typical inside sales rep. 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. What is inside sales? . Inside sales vs. outside sales .

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Showpad

MARCH 3, 2020

Sales operations (sales ops) and sales enablement are terms used often within an organization. But how do they contribute to sales productivity and overall business performance? Sales Enablement versus Sales Operations. We’ll get into unique responsibilities of each later in this article.

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Hubspot Sales

JANUARY 26, 2022

For others — specifically, those that offer services or non-physical products like software — pricing may be a bit more challenging. In this article, we’ll be talking about one called subscription pricing. When priced right, there is a strong incentive to upgrade. Let's take a closer look at the concept.

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Hubspot Sales

JULY 25, 2023

Like many disciplines, sales teams everywhere are trying to understand what role artificial intelligence will play in their industry. It’s here, and it’s already changing sales as we know it. Whether you’re skeptical, curious, or fully on board, it’s important to educate yourself about how sales reps are using AI.

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Nutshell

APRIL 28, 2020

If you’re a salesperson, this working arrangement has probably been a tough transition—making sales calls from your kitchen table while the kids fight over the remote in the living room isn’t what we’d call an ideal work environment. The Sell to Win Playbook collects 55 of the best expert sales tips we’ve ever published.

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Sales Hacker

JUNE 29, 2020

Software as a service (SaaS) has become extremely popular due to its scalability and ability to address almost any individual or business need. As a sales leader , it’s your responsibility to secure paying customers for the platform and make sure existing subscribers remain subscribed. We’ll look at: 3 SaaS sales models you can follow.

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Tony Hughes

MAY 12, 2019

He inspired me to dig deeper into WiseTech, a cloud Software as a Service (SaaS) provider for the global freight and logistics industry. They invest only 14% of revenue and have only 12% of their people working in sales and marketing. TH: What's the secret to your growth given the relatively low investment in sales and marketing?

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Highspot

AUGUST 2, 2022

When you work in sales, it’s not enough to just meet your goals. 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. What Is Sales Performance Management?

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Cincom Smart Selling

DECEMBER 8, 2016

Introducing new sales technology can help your team boost productivity, increase revenue, and simplify complicated tasks. That said, it’s not easy to get every sales rep on board. New software changes the way people work, and some will resist that change. After you have chosen your software, it is time to state your case.

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Smooth Sale

MAY 26, 2022

Improve Your Communications Hardware and Software. It would be best to put in place the hardware and software, such as a business VoIP phone service , to make life easier for your employees and more satisfying for your customers. Adhering to them will help encourage a returning clientele and turn them into your unspoken sales staff.

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