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Inside Sales Compensation for SaaS Startups

SalesLoft

Our sales team is experiencing rapid growth, and with over a month of continuous deals, we’ve got sales on the brain. We always have sales on the brain. That’s why we’re sharing a common model for sales compensation and performance expectations. Ok, who are we kidding? Take a look: 1.

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What’s Your Time Worth

The Pipeline

While it may be realistic to expect inside sales teams to sell more than 23% of their time, it is not for others. This is exactly what you are doing when you choose to discount instead of sell. If it isn’t quota, then why discount? Not only wasting time in the process but then doubling down by offering discounts.

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33 Stats to Know if You’re Considering or Planning a Sales Career in 2023

Hubspot Sales

Inside sales reps are tasked with nurturing leads and converting them into customers. Glassdoor estimates that inside sales reps often have a take-home pay of $70,000, including commission and bonuses. Outside sales representative positions include some travel time to meet with buyers and pitch products.

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Change With Your Customers, Not The Competition

SBI Growth

Many Sales VPs are innately aware of the competition. They know their rivals’ compensation plans. Consumers began asking for steeper discounts as the product matured and the competition caught up. Wrong Solution: The VP of Sales eliminated the Solutions Engineer position and hired 4 more Field reps. virtual meetings.

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The Most Overlooked Job in Sales Operations

SBI Growth

At the same time, someone from a subsidiary of Acme contacts inside sales and places a telephone order for $10,000. How does this affect billing, discounts, rates, etc.? How much time do you waste dealing with “exceptions” to the compensation plan? Is sales busy handling billing problems when they could be closing deals?

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The SaaS Executive’s Guide To Building A Winning Go-To Market Strategy

Sales Hacker

Setbacks of using a 2-Stage inside sales organization. When we map the number of deals committed against a listed price (ACV), you will notice deals starting to segment around discount levels. discount levels quickly start to group around 10% and 20% levels. 4) Inside sales. Solution 1: Tackle compensation.

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The Complete Guide to SaaS Sales

Nutshell

Glassdoor currently puts the average base pay for a SaaS Sales Specialist at $86,400 per year , not including commissions. Indeed has a more conservative estimate, with an Inside Sales Representative earning $50,928 per year before commissions and a Senior Sales Representative earning $70,472 per year. Annual Discounts.