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Drinking Our Own Champagne: How Xactly Insights Data Improves Sales Performance Analysis

Xactly

Despite the fact that we live and breathe incentive comp, we are not immune to the factors that affect every sales organization. Looking at our own sales performance data, we asked ourselves the question can we analyze our sales performance and use our data more effectively? Using Data for Proactive Sales Performance Analysis.

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5 Key Pillars of Effective Sales Performance Management

The Spiff Blog

These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement. Incentive alignment : Shared goals enable the design of incentive structures that motivate sales reps while aligning with the broader success of the organization.

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Culture vs. Quota: How the ‘Great Resignation’ is Changing Sales

Zoominfo

Although the underlying causes of the Great Resignation are numerous and complex, recent data indicates that workplace culture is among the most substantial factors. The data reveals that the impact of the Great Resignation is being felt across all industries and economic sectors. But what’s really driving this shift?

Quota 100
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How to Find Out What Your Competitors Are Doing That You Are Not

SBI Growth

Benchmarking allows a comparison of you against your peers. And there are specific ways to accomplish and use the data to be effective. Compensation Plan : Did they change their compensation plan incenting more new business vs. account development? Use the data to beat them: Interpreting and acting upon the data is key.

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Presidents Club Winner…NOT

Steven Rosen

It is much easier to show big percentage increase over a smaller base of business in comparison to a large base of business. Conclusion: When designing your sales “Top Performer” incentive program, it is critical that your plan is fair and equitable. The example I described above is a 50/50 split.

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2 Ways to Turbocharge Your Sales Strategy

SBI Growth

The other, by comparison, is very new. Gather data such as LinkedIn connections, Twitter followers and social selling activity. Incent people who embrace these strategies. As the sales operations leader, you develop the sales strategy and support team performance. Incorporating both into your sales strategy will drive results.

Strategy 310
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Unleashing the Power of Frontline Sales Management, Part 3: Institutionalizing Sales Management

Sales and Marketing Management

They must know how to motivate people and hold them accountable, how to coach and develop sales reps, how to structure territories and match them to a rep’s skill sets, and how to leverage data and use it to drive performance. Create incentives that drive the right behaviors. Provide meaningful training.