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New year, new goals: A checklist to empower your sales teams to close more deals in 2024

PandaDoc

Now, let’s talk incentives. Incentives, or spiffs, can really boost motivation. But here’s the key – structure your incentives to make your goals more realistic and achievable. This way, your team has a clear, reachable target and an added incentive to exceed it. Now, let’s talk about technology. Sounds good, right?

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5 questions to climb to new sales heights

Sales and Marketing Management

Our experience with sales incentive programs demonstrates answering these five questions in a way that satisfies salespeople will not only align their goals to yours, but dramatically increase your sales results. How many proposals will be needed to reach the goal? They want to do the right things, but need your help.

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Capturing the Yeti: Calculating and Optimizing the ROI of Your Sales Incentive Plan

OpenSymmetry

Much like the elusive yeti, the identification of Return On Investment (ROI) for a sales incentive plan is believed to exist by enthusiasts from the sales compensation design team, but met with much skepticism by others, namely the Finance department. So how do you prove the existence of ROI in your sales incentive plan proposal?

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How to Create Sales Collaterals That Convert

Highspot

This underscores the influence of sales collateral, ranging from traditional brochures to dynamic digital content like blogs and videos, in steering potential customers through their buying journey. Sales collateral includes everything from classic printed flyers and brochures to digital materials like blogs, eBooks, and videos.

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Do Token Concessions Really Work?

The Accidental Negotiator

Understanding that getting members to respond would be a challenge, the organization worked with researchers to determine whether it could boost the response rate by potentially offering different financial incentives for filling out their survey. No other incentive was provided. Of this group, 20.7% returned a completed questionnaire.

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Doing The Whole Job

Partners in Excellence

Some have to be nurtured for some time, we try to incent as many as we can to change, qualifying them, helping them navigate their buying journey, ultimately making a decision. Maybe it’s getting support or resources, maybe it’s developing a solution or proposal, or getting approvals from legal/pricing/contracting.

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4 ways to use sales gamification in your sales process

PandaDoc

Employee engagement increases when the incentives are worth the effort required to do well. When executed properly, contests can dramatically boost sales productivity by offering incentives for high performers. This could be a monetary incentive like a cash prize, or a prize of some significant value. Get the ebook 2.