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Sales Compensation and Quota Options During the COVID-19 Pandemic

Miller Heiman Group

Compensation is also a concern for close to 100% of sales organizations as they figure out how to handle grounded sales teams, who are relegated to holding video conferences with prospective customers that have their own worries, including shrinking budgets and diminished financial outlooks. Are new deals being delayed?

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3 Reasons Why Your Sales Team Isn't Generating More Leads (And How to Fix It)

Sales and Marketing Management

Author: Matthew Sunshine More than 40 percent of salespeople claim that lead prospecting is often more difficult than qualifying and closing the actual deal. It’s easy for prospecting to get pushed to the back burner, especially when dedicated time isn’t set aside for the task. Revisit each salesperson’s compensation ratio.

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A Foolproof Framework for Better Incentive Communication

The Spiff Blog

Developing an effective sales compensation plan requires a lot of brain power. Too many organizations pull out the big guns to build comp plans, but fall short when it comes to clearly communicating compensation changes to reps. The only remedy is a formal incentive communication strategy. Let’s dive in!

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CROs: Double Down on Seller Experience to Do More with Less

The Spiff Blog

When sales reps are happy, engaged, and supported they’re able to provide prospects and customers with a better experience. So how can a CRO remedy this issue and create a recession-proof sales organization ? Let’s address something that, although obvious, often goes unstated during conversations about sales compensation.

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No More Quotas, No More Commission: Sales Without SDRs

Sales Hacker

The role of prospecting in a world without SDRs. A better way to compensate instead of commission. Why prospecting sits apart from sales [6:59]. Make prospecting videos, follow-ups, product demos, and other communications that drive virtual selling. Why prospecting sits apart from sales [6:59].

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Want to Stop Rampant Sales Team Turnover? Career Ladders Are the First Step

Hubspot Sales

As an example, that ladder could look something like this : SDR 1 - Minimum of five months: Learning to prospect, training on sales tack, refining phone skills and writing ability, learning to manage accounts, perfect pitches, etc. The result of this was frustration because Parse.ly

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Skill vs. Will: When Skill Just Isn’t Enough in Sales

The Spiff Blog

Reps who are motivated to put in the time, who are always on the phone, researching prospects, and going above and beyond to close a deal– even in the face of constant rejection– are more likely to be successful. That is, unless it’s recognized and remedied quickly. Is compensation tied to the most meaningful metrics?