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A Foolproof Framework for Better Incentive Communication

The Spiff Blog

Reps spend just 33% of their day talking to prospects, while the rest is devoted to internal or administrative tasks ( source ). The only remedy is a formal incentive communication strategy. Map out an incentive communication step to align with each step of your sales comp process. Let’s dive in!

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Don’t Neglect Channel Partner Programs

Sales and Marketing Management

Author: Paul Nolan In today’s buyer-centric world, salespeople need to create value more than ever or they won’t get in front of prospects. If your go-to-market strategy relies heavily on channel partners, that’s one more step you are removed from your ultimate end-user.

Channels 136
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E-commerce That Avoids Channel Conflict

Sales and Marketing Management

Over the past three years, we’ve seen a 20% to 30% e-commerce annual growth rate, especially in 2020, as in-person prospecting proved difficult if not impossible during the pandemic. potential conflict with their channel partners. Businesses don’t want to jeopardize the business that comes through channel partners?—?as

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How to Build – and Maintain – a Healthy Channel Ecosystem

Allbound

It’s one of those buzzwords that’s thrown around a lot in the channel world. And what specifically should you be doing to build a channel ecosystem? The same goes for a channel ecosystem. A healthy channel ecosystem is interconnected, cohesive and supportive. Utilize incentive programs like SPIFs and MDFs.

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4 Tips to Motivate Your Sales Team at Year-End

Sales and Marketing Management

If customers and prospects are also sitting in holiday-themed environments, will they really be in the mood to make a deal? Keep the standings and ranks visible through an office whiteboard, company social channels and announcements during company meetings and conference calls. Create a holiday incentive program. .

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TikTok-Like Videos Have Multiple Applications

Sales and Marketing Management

By utilizing the personality aspect video has to offer, trust and connection can be built quicker and more effectively with customers, prospects and channel partners. Managers and HR leaders can use video for recruiting or training initiatives, to elaborate on your company’s mission or kick off an incentive program.

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If Done Right, Your Referral System Won’t Actually Cost a Thing

No More Cold Calling

Sales has always gotten a bad rap, but it’s gotten much worse as sales channels have evolved. If sales managers hold their people accountable for the number of phone calls they make, emails they send, and invitations and InMails on LinkedIn, that’s how they’ll prospect. Forget about incentives. We all know why. Trust should.

Referrals 289