Remove Buyer Remove Incentives Remove Territories Remove Training
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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

But wait – this new incentive compensation plan could flop. So, he commissioned HR to design a new incentive compensation plan (IC Plan.) Marketing’s new Lead Generation and Sales Enablement now generated latent buyers. Will a focus on training and coaching be undermined? HR even brought in an expert compensation firm.

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A Sales Leader’s Blueprint for 2014

SBI Growth

You sell to a more informed buyer. Territory design, quotas and compensation plans. Change the compensation plan to incent new logo growth by adding an accelerator. Sales training. How does increasing base pay improve how his team engages with the changing buyer? Key buying personas have changed how they buy.

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Sales Reps Love Their CRM!

SBI

As we enter into the world of the next generation of buyers who are smarter and more resourceful than ever, sales reps need to keep up. Combine sales reps not having that 360° view of customers with not having proper training, enablement, and coaching with slow response times, and you have a very frustrated customer. IT’S LIKE DATING.

CRM 95
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Why You Can't Fill Your Open Sales Manager Positions

SBI Growth

In either case, hiring/training distractions chew up valuable time better used for selling. Symptoms: High attrition; low performance; sales leaders that begrudgingly accept candidates (because the quantity available is so few); SMs with methods that don''t work for your business; SMs that haven''t evolved with the buyer evolution.

Hiring 292
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Sales Enablement vs. Sales Operations

Showpad

The key strategic functions of sales operations include: Hiring and training new sales reps. Setting territory structure. Ops also works with sales leaders to implement methodologies, training, compensation and employee incentives and much more. Developing sales and revenue strategy. Establishing compensation plans.

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New Product? Don’t Forget to Update the Sales Compensation Plan

SBI Growth

Organizing and scheduling product training sessions. So how do we incent this behavior? If the product doesn’t make up a minimum of 15% of the overall quota, there won’t be enough incentive for the sales rep to focus on it. Amongst the research performed by strategy and marketing should be buyer-based research.

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Hiring New Salespeople (While Keeping Up With Business as Usual)

Sales Hacker

Essentially, achieving your goals is only possible with a full roster of sales reps who know their territories and are ramped to full productivity. Examine what factors are causing open territories in the first place. Is the territory just not capable of achieving that quota? Is it unrealistic sales quotas?

Hiring 76