The Spiff Blog

SEPTEMBER 7, 2023

These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement. Henry Ford once said, “The only thing worse than training your employees and having them leave is not training them and having them stay.”

Incentives 83

Incentives Incentive Scale Compensation 83

SBI Growth

FEBRUARY 2, 2014

Salespeople loathe sales training. As a sales enablement leader, you know when training is adopted it’s a win-win. Implemented training is directly related to real sales dollars. In turn, it makes training a success. Your value proposition is defined and justifies the need for future sales training. Commitment.

Training 120

Training Commission Compensation Groups 120

Zoominfo

AUGUST 8, 2022

The Global Workforce of the Future report found that compensation and upskilling opportunities were some of the biggest factors in their decision to switch jobs. It creates a better culture “Opportunities to learn and grow” is the strongest driver of work culture, according to a recent Glint study. So what keeps employees around?

Hiring 130

Hiring Top of Funnel Promotion Compensation 130

Highspot

OCTOBER 11, 2023

Recruitment and Training Building a competent, successful sales team is crucial. Managers are involved in recruiting, sales coaching and training, and onboarding new sales representatives. Incentives, training, engagement, and process strategies are proven to work based on the motivation and urgency they drive upon sellers.

Sales Management 59

Sales Management Strategy Lead Rank Lead Scoring 59

Smooth Sale

JANUARY 5, 2023

A recent study shows that manual handling accidents cost businesses around $1100 per employee in compensation claims and medical expenses. A recent study shows that manual handling accidents cost businesses around $1100 per employee in compensation claims and medical expenses. Use Appropriate Tools and Equipment.

Relationals 78

Relationals How To Compensation Hiring 78

OpenSymmetry

FEBRUARY 23, 2017

Getting into the swing of 2017, your company is ready to be liberated from the ancient tools handicapping your sales efforts to a mindbendingly slow pace. Take a fresh look at your sales compensation processes before considering the investment of a new tool. Key questions to ask include: How easy is it to change the comp plan?

Compensation 46

Compensation Hiring Commission Churn 46

Zoominfo

APRIL 19, 2023

Sales teams are also leveraging AI-driven tools, like conversation intelligence , in new ways to optimize the coaching process and improve performance. Sales coaching techniques are surprisingly easy to learn and apply — with the right tools. How Does Sales Coaching Differ From Sales Training? The same is true for salespeople.

Sales Coaching 130

Sales Coaching Coaching Hiring Analysis 130

Janek Performance Group

DECEMBER 28, 2021

More importantly, content, such as blogs, white papers, and case studies, helps buyers see sales reps and their organizations as trustful advisors at the forefront of their industry. The Pros and Cons of Different Sales Compensation Plans. As such, top sales organizations know their talent is only as good as their compensation plans.

Sales Qualified Lead 118

Sales Qualified Lead Lead Rank Marketing Qualified Lead Lead Generation 118

Zoominfo

MAY 12, 2020

Skills can be taught with training. In fact, according to a study by LinkedIn, compensation isn’t even among the top four reasons why people quit a job. Could the opportunity benefit them with more recognition, greater challenges, a better work/life balance, potential travel, or more compensation? Stress Potential Growth.

Hiring 278

Hiring How To Networking Salary 278

Score More Sales

APRIL 29, 2014

This is the feeling potential buyers are getting when visiting many large companies’ websites according to a survey done by Velocify called The Fortune 100 Online Buyer Experience Study. Click here to download the study. According to the study, one-third of leads submitted NEVER receive a phone call.

Retail 239

Retail Lead Rank Lead Scoring Study 239

Score More Sales

NOVEMBER 22, 2013

On October 7, IBM released their annual CxO study identifying opportunities for C-level executives in companies of all sizes. Since we talk about midmarket companies here, I’ll focus on the results from the midmarket portion of the study. See the whole study here. Also of interest: IBM State of Marketing Study 2013.

Study 216

Study Influencer Lead Rank Lead Scoring 216

SBI Growth

AUGUST 7, 2013

He builds tools and systems to ensure his managers execute these projects. He’s looking at compensation analysis, territory design, and sales structure. Skills Training: Unless directed, the sales manager takes an ad-hoc approach to skills. She recommends reading the latest books or product training.

Construction 334

Construction Ideal Customer Profile Territories Compensation 334

Score More Sales

AUGUST 26, 2014

94% of digital marketing professionals surveyed agreed that personalization is “critical to current and future success” according to an eConsultancy study. Many of our clients don’t take advantage of these tools yet though. Finally, start measuring this information (see tools above). But where to start? IT Directors?

B2B 232

B2B Revenue B2C Ideal Customer Profile 232

Score More Sales

DECEMBER 18, 2014

So says the study done by The Hartford, in September of this year, called the 2014 Midsize Business Monitor. You can see more about the study here. Lori speaks, writes, trains, and consults with inside sales teams in mid-sized companies. Expand geo footprint (61%). participated. 53% use Internet (VoIP) phone services.

Hiring 198

Hiring Wireless Policies Travel 198

Sales and Marketing Management

OCTOBER 21, 2019

From manual CRM updates, to uninspired training programs or hard-to-find content, the more roadblocks to seamless sales, the more staff becomes demoralized. There’s nothing more frustrating than having a prospective customer on the hook, then having to spend precious time combing for just the whitepaper or case study that fits their needs.

Top of Funnel 136

Top of Funnel Hiring Commission SAP 136

LeadFuze

JULY 7, 2023

We’ll also look at how technology can aid in managing your sales targets efficiently with tools like ClickUp’s Goals software and lead management systems. Tools like Google Analytics are your trusty sidekick, providing detailed reports to help you crack the case. So, why do we need these goal-setting strategies?

Sales Goal 52

Sales Goal Churn Incentives Incentive 52

Sell Integrity

JULY 13, 2020

Training is regularly implemented, new sales techniques are tried out, and the latest and greatest technology is implemented as the surefire antidote to a complex, competitive marketplace. This is why you can’t improve quota attainment just by implementing some new selling techniques or installing a better forecasting tool.

How To 98

How To Compensation Quota Vendor 98

Mindtickle

MARCH 19, 2018

This can make introducing new sales readiness tools particularly difficult. Mendix, a platform-as-a-service company that helps organizations make web and mobile applications, knew this was an issue but their onboarding and ongoing sales training program needed to change. Top-performers engaged with the tool first.

Hiring 52

Hiring Tools Face-to-face Incentives 52

Mindtickle

MARCH 19, 2018

This can make introducing new sales readiness tools particularly difficult. Mendix, a platform-as-a-service company that helps organizations make web and mobile applications, knew this was an issue but their onboarding and ongoing sales training program needed to change. Top-performers engaged with the tool first.

Hiring 52

Hiring Tools Face-to-face Incentives 52

Score More Sales

MAY 28, 2013

For midsize companies there was no shortage of ideas, examples, and tools to help any company improve marketing, sales, and procurement. Host Jay Baer was a breath of fresh air – he studied the event ahead of time and always had thoughtful and helpful questions in addition to some fun and even funny comments at times.

Company 208

Company Film Study Lead Rank 208

Score More Sales

JUNE 30, 2014

Train and coach frontline sales leaders. Studies show this is the best place to invest in training with follow-up coaching for reinforcement. Lori speaks, writes, trains, and consults with inside sales teams in mid-sized companies. Do you have a well thought out process?

Hiring 247

Hiring Ideal Customer Profile Territories Commission 247

SBI Growth

AUGUST 4, 2013

It includes a tool to customize for your own agile reviews. The Agile Performance Review is just one of a range of tools you''ll receive. Meanwhile, Agile is spreading everywhere in Sales - to onboarding , sales management, and sales training. CRM tools now include dashboards that give instantaneous views.

Territories 282

Territories Lead Rank Lead Scoring Demand Generation 282

Score More Sales

JULY 23, 2013

For starters: How do you get trained in your company – in a methodical way, or as you fly by the seat of your pants? Training with reinforcement, such as follow-up coaching, yields more revenue to your company in the form of better trained sellers, more client retention, and longer employee tenure. Quota Attainment is Declining.

Lead Rank 178

Lead Rank Lead Scoring Quota Customer Service 178

Janek Performance Group

MAY 2, 2023

More than updating culture or compensation, upskilling empowers your team to reinvest. It motivates and boosts confidence, giving reps the tools to succeed. How to Upskill Your Sales Team Hiring Onboarding Enablement Sales coaching Sales training Of course, you can’t upskill new hires—at least not yet. However, be proactive.

Hiring 62

Hiring Negotiation Decision Maker Coaching 62

Hubspot Sales

APRIL 11, 2023

One LinkedIn study found that 64% of recruiting professionals believe that the job search will be more favorable to candidates (as opposed to employers) over the next five years. Lack of Compensation For starters, many salespeople report a lack of compensation as one of the top reasons they leave their employers. It’s a win-win.

Churn 114

Churn Hiring Survey Hubspot 114

Zoominfo

MARCH 21, 2022

The study showed a broad range of attrition within specific companies in various industries. Faced with increasingly stressful work environments, many workers are leaving lower-paying roles to pursue jobs with better compensation. Data via MIT Sloan Of course, not all companies are the same.

Quota 100

Quota Hiring Face-to-face Advertising 100

Janek Performance Group

MARCH 30, 2022

Here are ways to build your sales team’s culture: Attract and retain the right people Compensate fairly Emphasize achievement Enable success Reward hard work. Compensation counts. Of course, there’s some debate about paying college players, but compensation is more than money. Sales Training. They can be practiced.

Lead Rank 62

Lead Rank Lead Scoring Coaching Compensation 62

CloserIQ

FEBRUARY 21, 2019

According to a study conducted by Click Boarding , new employees who go through a formal onboarding process are 58% more likely to remain with the organization for three years or more. On the AE’s first day (or even before), provide a schedule of the onboarding process with details of your sales training program.

Hiring 96

Hiring How To Ideal Customer Profile Training 96

SBI

JANUARY 28, 2020

Their teams are complaining about their compensation plans, unrealistic quotas, and the fact that they need engineering to put one more feature in place so they can make that big sale they are counting on for the quarter. Where do their teams, and themselves, need ongoing training? Train often. Case studies. Demo skills.

Sales Enablement 131

Sales Enablement Sales Management Coaching Engineering 131

Xactly

SEPTEMBER 5, 2018

MBOs can be an extremely useful tool in addition to your sales commission structure because they give each rep individual goals to strengthen the overall sales organization. Download our "Guide to Sales Team Compensation" to learn how to compensate each sales role. Or, build a plan in minutes with our ready-to-use templates.

Examples 78

Examples Compensation Incentives Incentive 78

Score More Sales

MARCH 26, 2013

Mid-sized companies need better tools to help understand what customers need and want. An Experian study found that 23% of data in a company’s database is incomplete or inaccurate. Instead of throwing a new tool on them, start with cross-functional meetings to discuss what you need and how it will work. Get buy-in.

CRM 235

CRM Guidelines Data Compensation 235

Miller Heiman Group

JANUARY 16, 2020

The 2 nd Annual Sales Operations and Technology Study from Miller Heiman Group found that just more than 5% of sales organizations deploy AI in their sales technology stack, and the majority—66.2% But for those orgs that invest in the right tools, this can free up significant time and boost results.

Opportunity 53

Opportunity Sales Operations Lead Rank Lead Scoring 53

Score More Sales

SEPTEMBER 27, 2013

Also, in their study, customer expectations were exceeded only 16% of the time. This post was written as part of the IBM for Midsize Business program, which provides midsize businesses with the tools, expertise and solutions they need to become engines of a smarter planet. Just Make it Simple for Me and Keep Me as a Customer!

Retention 254

Retention Company Customer Lead Rank 254

Score More Sales

MAY 30, 2013

IBM’s study shows that companies who are considered “Top Marketers” enjoy 1.8 The study identified five areas marketers need to be thinking about: Understanding and engaging with customers. (I also found out that dealers can get in a lot of trouble if they treat you the way we were treated – lesson learned).

Marketing 241

Marketing Lead Rank Lead Scoring Survey 241

Score More Sales

APRIL 28, 2014

This is the feeling potential buyers are getting when visiting many large companies’ websites according to a survey done by Velocify called The Fortune 100 Online Buyer Experience Study. Click here to download the study. According to the study, one-third of leads submitted NEVER receive a phone call.

Retail 123

Retail Lead Rank Lead Scoring Study 123

InsideSales.com

MARCH 3, 2021

See the latest in Playbooks and get trained from experts and customers on how to get the most value from it. This is free, in-depth product training for your team. Hear from David Dulaney on how to align your GTM teams to the new customer journey. Speed to lead still matters, now more than ever.

Conference 94

Conference Hotels Lead Rank Lead Scoring 94

Score More Sales

APRIL 30, 2014

Recently we posted about a study that showed the power and necessity of follow up in building relationships with buyers who ultimately do business with you. Lori speaks, writes, trains, and consults with inside sales teams in mid-sized companies.

Follow-up 222

Follow-up Ideal Customer Profile Decision Maker Buyer 222