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The Pros and Cons of Different Sales Compensation Plans

Janek Performance Group

With any job, a primary consideration is compensation. With salary, commission, bonuses, and other incentives, sales professionals often have options and feel in control of the compensation they receive, which can be great for motivation and fulfillment. With commission-based compensation, reps earn based on what they sell.

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How to Compensate A Telesales Staff To Set Appointments

MTD Sales Training

Then, I will give you a much better idea of how to compensate the TSRs. #1: Now you have people who are trying to determine if the prospect will buy rather than just setting a qualified appointment. 2: The Lay Down Prospect Does Not Buy. You have a TSR that has no choice but to consider if the prospect will buy or not.

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3 More Tips For Effective Telephone Prospecting

The Pipeline

On Monday I wrote about the need to counterbalance for some of the realities of telephone prospecting , and some things sellers can do to compensate. Some of these things may seem mundane and basic, but that doesn’t lessen their importance in consistent results from telephone prospecting. The same works for a prospecting call.

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Sales Training Ideas: How to Build an Invincible Sales Team

Autoklose

Have you picked the right compensation structure? Compensation plays an important role when it comes to motivation and productivity. Choosing an appropriate compensation structure is crucial as it can significantly affect employee satisfaction and retention rates.

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The Pipeline ? Presenting to Donald Trump

The Pipeline

Presenting to Donald Trump. Architect Barry Thalden, hotel and casino designer and one of my dearest friends for the past 50 years, tells of presenting a proposal to Donald Trump: “I managed to arrange a meeting with Donald Trump. My presentation was on slides. August 2008. April 2008. March 2008. February 2008. January 2008.

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4 Sales Compensation Plans: Which is Right For You?

LeadFuze

Why are Sales Compensation Plans Important. Building sales compensation plans for them can be a difficult task. Who are you selling to, C-level prospects, vendor managers, or small, one-man shops? There are several factors to consider when putting a sales compensation plan together. 4 Types of Sales Compensation Plans.

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Predictable Prospecting – Quick Book Summary

Tenbound

Predictable Prospecting: How to Radically Increase Your B2B Sales Pipeline By Marylou Tyler & Jeremey Donovan Part 1: TARGET Chapter 1: Internalizing Your Competitive Position Conduct a Six-Factor analysis of your strengths, weaknesses, opportunities, and threats. Know where your prospects are (“what is their level of purchase intent?”