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The ABCs of Compensation Planning: How to Build Better Incentive Plans

Xactly

The sales compensation planning process can be complex, and unfortunately, sometimes a headache. Luckily, with the right tools, sales operations can reduce the stress and time it takes to design, test, and implement a new compensation plan, and they can work to maintain and tweak the plan throughout the year.

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Proven Strategies for Effective Sales Management

Highspot

Motivation and Leadership They inspire and lead the sales team, providing guidance, support, and motivation to achieve individual and team goals. Sales Forecasting Accurate sales forecasting and pipeline management helps in resource allocation and planning. Provide constructive feedback and offer support where needed.

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Incentives and bonuses aren’t the cure alone: Encouragement, listening and support are free

Mereo

Incentives and bonuses motivate sales professionals for good reason. But great sales leadership calls for more than monetary rewards. So, unfortunately, it is safe to say salespeople leave their job to get away from their chief sales officer. Ask them about roadblocks they are facing and help them problem solve.

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Look for Potential in the Next Generation of Sales Hires

Understanding the Sales Force

The article also instructs readers to evaluate using a predictive tool. With all of that information about their past, how can you possibly gauge potential when hiring for your sales force? Trainable - whether or not the candidate has the incentive to change and adapt. References verify that information.

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How to Lead a Sales Team: 14 Key Tips to Help New Managers Thrive

Hubspot Sales

That's why we put together a list of some key tips aspiring sales leaders can refer to as they find their footing as managers. Even the strongest, most refined sales leadership skills can only take you so far if the team you're leading is unruly, unmotivated, and underqualified. Let's dive in. Set SMART goals.

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How to Setup a Commission Plan in Six Steps

Xactly

To help ensure you set your sales team up for success, here are six steps to setup a commission plan. Download our "Ultimate Guide to Sales Compensation Planning" for incentive best practices and everything you need for a sales comp plan design project. Ideally you need a sales incentive planning team of six people.

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Quick and complete guide for sales teams: What to do, what not to do, plus sales coaching activities you can use right now

BrainShark

The Center for Sales Strategy found that CEOs can help their sales team bring in more revenue by implementing coaching. You’ll find the do’s, do nots, customer examples, and actionable tools and templates for implementing and improving sales coaching in this guide. Problems with sales coaching aka what NOT to do 1.