Zoominfo

JULY 1, 2018

69% of sales professionals are self-taught and have no active social selling training program in place ( source ). 30% of companies say their social selling training needs ‘a complete overhaul’ ( source ). Check out our recent blog post for a more comprehensive guide to social listening. Implement a social listening strategy.

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Buyer Social Media Social Selling Incentives 190

The Spiff Blog

OCTOBER 6, 2022

But remember that while the execs are driven by revenue and low customer churn, your sales reps are driven by their incentive compensation plans. Sales reps are trained to track dollars and revenue (yes, you’ve taught them well), so of course they’re going to track their own. Why are you changing the incentive compensation plan?

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Commission Compensation Churn Incentives 75

The Spiff Blog

JANUARY 9, 2024

In today’s blog post, we’ll cover some key tactics that will position both you and your team for success this year. Sales ramp-up time can be costly, considering how much training and coaching is required to get new reps up to speed. For one, insufficient training won’t create effective salespeople. Let’s get into it!

Banking 84

Banking Hiring Churn Scale 84

Nutshell

MARCH 17, 2023

The right software tools can help you automate the process and make it easy to include your customers’ names in your emails. Encourage them to share: Consider adding an incentive for customers who share your brand promise with others. Introduce the incentive: Offer an overview of the program and its purpose.

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Customer Discount Top of Funnel Incentives 154

The Spiff Blog

JANUARY 26, 2023

Just as Olympic athletes train to reach peak performance, so do sales teams. If your sales team is struggling to hit their numbers and you’ve already considered training, enablement, technology, and other more obvious avenues, it might be time to take a look at your sales commission structure.

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Commission Compensation Incentives Incentive 75

SugarCRM

MAY 1, 2018

It’s an enormous process to enter into an agreement with a new CRM software vendor. To help, we are launching a new blog series that addresses the primary hurdles we hear from customers as they embark on getting the most out of that shiny, new CRM system. Training: A Lesson in ROI. Leverage our Partner network.

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Maximizer Training SugarCRM CRM 50

The Spiff Blog

OCTOBER 12, 2023

How you pay sales reps depends on the way you design your comp program, what metrics relate to what incentives, and so on— all the details we’ve covered in many past articles about comp plan design. Recommended reading: The Sales Commission Software Buyer’s Guide [Checklist] 2. That foundation is your sales compensation philosophy.

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Compensation Commission How To Incentives 84

PandaDoc

OCTOBER 30, 2023

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.

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Sales Process Incentives Incentive Hiring 52

Smooth Sale

MAY 26, 2022

Our collaborative blog offers insights on ‘How to enhance your business approach to customer service.’ Hire and Train the Right Skills. So think about hiring people who have those skills and training them in relevant ways to enhance those core skills. Improve Your Communications Hardware and Software.

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Customer Service Hiring Customer How To 78

Xactly

MAY 7, 2018

The resulting incentive plan must develop a compensation process that will motivates the right sales behaviors to achieve goals, all while driving growth. Finding the right mixture of compensation requirements is not always easy, but luckily, it can be much less time-consuming with the help of automation software. Who: Padmaja Chavali.

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Compensation Incentives Incentive Networking 49

The Spiff Blog

JUNE 20, 2023

Or, if you’re hiring for a new finance or accounting position, today’s blog post will be just as useful– as these are the skills you should be looking for in any job candidate. Hard skills can be taught or learned through training. Recommended viewing : All Aboard the CRO Train: From $0 to $100 in Revenue 6. Keep reading!

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Account Commission Hiring Compensation 90

LeadFuze

JULY 5, 2023

We’ll also explore how Sales Performance Incentive Funds (SPIFs) play a role in motivating teams. Thanks to amazing technology like LeadFuze’s lead generation software , you can motivate your sales force whether they’re in the office or working from their favorite coffee shop. It works for managing remote teams too.

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Motivation Strategy Incentives Incentive 52

Smooth Sale

JUNE 9, 2023

Our guest blog post explores how weather affects small businesses and discusses strategies to mitigate these challenges. Update your real-time inventory software to ensure accurate incoming and outgoing product tracking. Take advantage of government-provided energy-efficiency incentives and tax rebates to help offset costs.

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Small Business Small Business Energy Insurance 78

Pipeline

MARCH 12, 2024

That’s why we break down what cold calling and cold emailing are, comparing their sales outreach characteristics and benefits and how custom CRM software can help your sales team be effective in both. Use your custom CRM software to view patterns of successful deals and pinpoint their traits.

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Cold Calling Prospecting Buyer Persona How To 52

Allbound

SEPTEMBER 18, 2019

Channel managers must consistently onboard and train new partners, enable those partners, as well as create and distribute a steady stream of compelling l content to help them sell. This simple software automates onboarding, training, and support to carry your organization to new heights of sales success.

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Pipeline Sales Qualified Lead Channels Lead Rank 57

Smooth Sale

FEBRUARY 2, 2023

Our collaborative blog post shares seven steps to help you get started turning your real estate investments into profitable companies. __ Turn Your Property Investments Into a Business Via Pexels Step 1: Choose Your Properties Wisely Wisely selecting properties is the first step in turning your property investments into a business.

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Real Estate Hiring Education Trends 78

Xactly

SEPTEMBER 5, 2018

Watch the webinar, "How Best-in-Class Companies Approach Incentive Comp” to learn compensation best practices and see how with 13+ years of empirical industry pay and performance data from Xactly Insights is helping companies strengthen their sales compensation plans. Software Sales. Schedule 30 blog topics by 8/31/16 (10%, $300).

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Examples Compensation Incentives Incentive 78

Xvoyant

JULY 2, 2020

We train them, often without reinforcement. We throw bright, shiny SaaS software at them, often not integrated, creating workflow inefficiencies. We pay them well and provide incentive motivations and trips (Cancun, anyone?). Note: Training is often applied to problems it won’t solve. Account planning. Lead management.

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Sales Coaching Coaching Forecasting Lead Rank 62

The Spiff Blog

JULY 13, 2023

Whether you’re a regular Spiff blog reader or new to our site, we’re super excited to have you here. After meeting some family friends who were software engineers, Jacob found himself wanting to learn how to write software. Teri is a classically trained musician who loves all kinds of music.

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Meeting Travel Fashion Sports 71

Smooth Sale

MAY 15, 2023

Our collaborative blog offers actionable tips to implement immediately to take your profits to new heights while increasing business success. For instance, web designers need to establish what distinguishes their work from others – such as which software or approach to customer service sets them apart.

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Strategy Analytics Maximizer Customer Service 78

The Spiff Blog

JUNE 6, 2023

Whether you’re a Spiff blog regular or a first-time visitor, we’re thrilled to have you here for our latest installment of our Meet the Team series. To stay active, he likes to play padel and train at the gym, and in his leisure time, he enjoys cooking and watching tv shows. Welcome, readers!

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Meeting Travel Engineering Hiring 67

Showpad

DECEMBER 23, 2019

This entails piquing leads’ interest and providing enough of an incentive to them that they provide contact information or engage with social media in a manner indicative of a potential future purchase. Sales enablement software that features functionality beneficial to both processes may be just what you need to close the gap here. .

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Sales Enablement Top of Funnel Marketing Distribution 78

Smooth Sale

AUGUST 18, 2022

Our collaborative blog offers ‘Top Tips for Running a Successful Manufacturing Business.’ Endeavor to empower all of your employees, whether it is through training, incentives, bonuses, or buying new equipment. Whether you hire employees with the relevant skills or not, regular training should be a priority. Image credit.

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Hiring Policies Insurance Insurance 78

Allbound

APRIL 1, 2020

Allbound allows you to create tiers and limit access to specific content, training, and functionality based on your grouping structure. Utilize incentive programs like SPIFs and MDFs. Use it to keep tabs on everything from onboarding completion, engagement and which training and marketing products are most popular and effective.

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Channels How To Promotion Pivotal 89

Cincom Smart Selling

DECEMBER 8, 2016

New software changes the way people work, and some will resist that change. As with any proposal, the IT manager will need to choose the software wisely. For instance, if you’re looking for the best CRM software , check to see what your sales team is currently using and what features are lacking.

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Sales Technology Software Software Proposal 61

Showpad

MARCH 3, 2020

In this blog we will discuss the differences between sales enablement and sales operations, the roles they both play in the sales cycle, and how they can work together for a more impactful overall strategy. The key strategic functions of sales operations include: Hiring and training new sales reps. Setting territory structure.

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Sales Operations Sales Enablement Hiring Compensation 100

PandaDoc

APRIL 25, 2023

This type of plan may include hiring and onboarding followed by sales training plans — or plans to introduce a new method of sales activity into your existing processes. This can include training on product features and benefits, sales techniques, objection handling, and customer relationship management.

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Examples How To Hiring Segment 52

The Spiff Blog

JUNE 9, 2022

That all depends on the root of the problem— 89% of sales turnover is caused by issues with compensation, but poor leadership, lackluster training, and product concerns can also drive your reps out the door ( source ). If a rep is already planning to be gone by then, there’s no incentive to dive into time-intensive sales activities.

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Hiring Commission Compensation Incentives 75

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. For example, when someone who read about your product on a blog signs up for a free trial, a sales rep will reach out to that person and persuade them to fully subscribe.

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Lead Rank Strategy Scale Lead Scoring 78

The Spiff Blog

SEPTEMBER 14, 2023

Here’s the issue, in this example, AI ignores the bias faced by the female sales rep, who has achieved success despite operating in a male-dominant environment and receiving less hands-on training and resources than the male sales rep. Remember: just about every technology or software provider is trying to break into the AI space.

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Commission Account Compensation Face-to-face 84

The Spiff Blog

JANUARY 12, 2023

Decide up front what the most important takeaways are, what the changes mean for core personas, what the value proposition is, and your plan to train sales reps on new information. Budget for ongoing training across all levels. It’s simply a byproduct of a function that has a unique set of needs that HR isn’t often trained to handle.

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Compensation Hiring Commission Face-to-face 67

PandaDoc

AUGUST 25, 2019

Software-defined radio (SDR) technology empowers sales teams to drive communications forward. Start by allocating SDR expenses into three categories: fixed costs, additional expenses, and incentive costs. Software technology : Provide top-notch sales development solutions for your sales development representatives.

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Hiring Outbound Sales Qualified Lead Inbound 53

Lessonly

NOVEMBER 30, 2021

If you’ve been an avid reader of Lessonly’s blog, you know how vital it is to have a well-stacked bench of talented and well-trained salespeople. But closing a new deal today involves so much more than just the rep; there’s marketing, sales development, sales engineering, continuous sales training, procurement, and so much more.

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Sales Operations Sales Enablement Software Software 26

Allbound

SEPTEMBER 12, 2018

As AppDirect co-CEO Daniel Saks points out , “80% of on-premise software vendors operate a channel program to enable other companies to sell their products, while only 20% of SaaS vendors operate similar programs.” Every software company is different, and likewise, every partner program is different. 3 Types of SaaS Partner Programs.

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Commission Referrals Hubspot Marketo 112

Allbound

OCTOBER 31, 2018

In addition to referral commission, helping your partners feel well educated and prepared to have conversations with your customers is a huge incentive. SUBSCRIBE TO THE BLOG. appeared first on Partner Relationship Management Software (PRM). If you can answer all of those questions, the next step is to start hunting.

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Churn Incentives Incentive Vendor 74

The Spiff Blog

APRIL 21, 2022

Although the cost associated with investing in commission software might give you pause, the cost of manually processing commissions at a growing organization is universally astronomical— especially where turnover is concerned. That’s what your organization can expect to spend on finding, hiring, and training rep replacements each year.

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Hiring Commission Compensation Churn 70

The Spiff Blog

JUNE 2, 2022

We won’t spend too much more time on this topic since it’s something we discuss frequently on the Spiff Blog, but if you’re interested in revamping your comp plans here are a few good articles to get you started: How to Secure More Sales Comp Resources During a Recession. Your sales organization will thank you. About Spiff.

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Hiring Compensation Commission Face-to-face 79