Remove Channels Remove Churn Remove Incentives Remove Retention
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Compensation Transformation: 7 Tips for 2024 Sales Comp Planning

The Spiff Blog

Recommended reading: 23 Quotes to Guide Your Sales Compensation Planning Process Compensation Transformation Tip #2: Emphasize customer retention and other expansion metrics. Make sure you define what retention, up-selling, and cross-selling look like for your organization in specific and measurable terms. in 2020 to 52.9%

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The Beginner’s Guide to Referral Marketing

Zoominfo

There are more answers to that question than ever before, thanks to the variety of tools and channels at a modern marketer’s disposal. A comprehensive referral marketing program treats referrals like any other marketing channel— which means it includes strategic preparation, targeted decision-making, analysis, and iteration.

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Unpacking the Layers of a Successful Customer Acquisition Strategy

Pipeliner

A good customer acquisition strategy combines multiple marketing channels and tactics to create sustainable, long-term growth. Enlightened businesses also prioritize customer retention, which involves keeping current consumers satisfied, so they continue buying. What Is Customer Acquisition?

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7 proven ways to increase customer engagement (and sales, too)

SalesLoft

Customer engagement strategies, like loyalty programs, can help develop relationships as they’re deployed through various channels, such as social media or email marketing campaigns. Engagement metrics also give an actionable understanding for customer retention, churn, and satisfaction. Are they active on social media?

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What is Revenue Enablement?

Highspot

It works to enable each channel and stage of the sales cycle that drives revenue growth, including marketing, customer success, account management, and more. Goal Revenue Enablement: Enhance the customer experience at every touchpoint to maximize customer lifetime value and retention. It goes beyond just supporting the sales team.

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2023 Sales Comp Planning: A Conversation with The Alexander Group

The Spiff Blog

This will provide a clear signal that you can afford to take more risks and allocate resources toward acquisition channels again. Don’t neglect retention after an upswing. Retention is important in good times and bad times. Downturns don’t just accentuate the importance of retention, but also sustainable growth.

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8 Steps to Setting Smarter Sales Goals

Hubspot Sales

The incentive for your reps to meet their quota? So what’s the incentive for meeting these smaller goals? Don’t have the budget to offer monetary incentive? Set a goal of having them share one article per week on your team Slack channel or internal communication portal. Incentivize goals. No problem.