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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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4 Tips for Selling to the Social Savvy Buyer

Zoominfo

In fact, a recent study suggests that 91% of B2B buyers are active and involved in social media, while 75% are significantly influenced by social content when forming their buying decisions ( source ). 69% of sales professionals are self-taught and have no active social selling training program in place ( source ).

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

Zoominfo

The study showed a broad range of attrition within specific companies in various industries. Data from Indeed, the recruitment platform, indicates that between July 2020 and July 2021, searches for vacancies advertising such incentives increased by 134 percent. Data via MIT Sloan Of course, not all companies are the same.

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The True Cost Of Sales Rep Turnover

Sell Integrity

Various studies have shown that salesperson turnover rates are up to three times as high as rates for the overall labor force. Hiring, training and severance and bonus packages all figure into the hard-dollar costs. firms spend $15 billion a year training salespeople and another $800 billion on incentives.

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How to Build a Sales Process: The Complete Guide

Nutshell

Effective training and onboarding A clearly defined process simplifies the training and onboarding of new sales team members. Explore Nutshell’s Features Provide training on your sales process In any job, an expert completes better work faster than an amateur. Ensure your sales team can study and reference it at any time.

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7 skills you’ll need to become a sales manager

Close.io

Overseeing the organization’s sales training. Mentoring individual sales reps and administering incentive programs. If a candidate doesn’t prepare enough ahead of time to have a case study they can proactively bring up during their interview, how can you expect them to show up prepared and ready to close their first presentation?

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Top Ten Ways to Immediately Improve Sales Tool Adoption

The ROI Guy

As the studies indicate, business-as-usual is a more comfortable state of mind, because we all tend to outweigh potential downside risks higher than significant and compelling upside rewards - a risk aversion that causes a natural resistance to change.