The Spiff Blog

APRIL 27, 2023

Motivation and compensation are tough to nail under normal circumstances and are even trickier during tough times. It’s safe to say that motivating your team in the current economic downturn is about as tricky as it has ever been. Super motivating right? For example: Does your employee know that if they do x, they will get y?

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Motivation Hiring Compensation Incentives 75

BuzzBoard

FEBRUARY 25, 2024

Understanding the Importance of Motivating a Small Business Sales Team Motivating a small business (SMB) sales team is paramount for sales success. Achieving sales targets significantly depends on motivation. Motivation propels them to surpass their quotas, directly impacting the company’s bottom line.

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LeadFuze

JULY 5, 2023

Understanding how to motivate your sales team is crucial for any business aiming to increase market share and achieve its sales goals. A motivated sales team can drive revenue, foster customer relationships, and contribute significantly towards the company’s mission. But what motivates sales teams?

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Highspot

JANUARY 4, 2024

Achieving revenue targets can be tricky, and it’s tempting to overlook training. A sales training strategy is your blueprint to equip sales teams with the necessary skills and knowledge to excel. Get practical advice for developing an effective, modern sales training strategy.

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PandaDoc

APRIL 3, 2023

Training your team requires providing them with more than a manual and a few workshops before sending them out into the field. In fact, if that’s your current sales training program, all of that hard work and education could be forgotten by your team in just a few months. Start a free trial 3.

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Allbound

OCTOBER 16, 2019

Incentive programs are critical to any successful channel sales model. By inspiring or rewarding certain behaviors in your partners, incentives can help steer the course for any successful business relationship. How, exactly, you motivate and direct your partners depends on a lot of different variables. That’s the idea, anyway.

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Xactly

OCTOBER 18, 2018

Few leading indicators are more predictive of a company’s future sales performance than its incentive compensation plans. While multiple factors influence the effectiveness of your sales incentive compensation plans, 5 tips stand out: 1. Creating incentive programs that work require balancing multiple design choices.

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Incentives Incentive Compensation Webinar Metrics 78

Hubspot Sales

JUNE 16, 2022

Examples of sales goals include increasing customer retention (the number of first-time customers that turn into repeat buyers) or decreasing customer churn (the percentage of customers that stopped using your company’s product or service during a specific time frame). In this example, the goal happens during a semester. Time-Bound.

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Hubspot Sales

JULY 30, 2020

Sales leaders that fall back on run-of-the-mill motivation techniques struggle to drive their reps toward aggressive growth targets. One clear way to motivate salespeople in the summer is to empower front-line managers to be better coaches. This is a toxic combination for sales reps and their managers. Plan a sales contest.

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PandaDoc

APRIL 25, 2023

This type of plan may include hiring and onboarding followed by sales training plans — or plans to introduce a new method of sales activity into your existing processes. Studying examples of sales plans can help illustrate this, so let’s look at an example sales plan excerpt now.

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Xactly

SEPTEMBER 5, 2018

And, they can have a big impact on sales team engagement and motivation. How MBOs Affect Sales Team Engagement and Motivation. While your situation might not be that extreme, the point is we often take employee engagement and motivation for granted. It’s extremely important to keep reps engaged and motivated to meet quota.

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Examples Compensation Incentives Incentive 78

Mindtickle

NOVEMBER 3, 2022

Not all sales training works. In fact, research by Gartner found that sales reps only remember 13% of the information a month after their sales training. Motivation plays a big role in sales reps’ willingness to engage with sales learning. Here are six ways you can change your sales training to motivate your sales team.

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Xactly

NOVEMBER 15, 2018

In fact, the best way to ensure sales managers do their job well is by creating an incentive plan that drives the right behaviors. Download our "Ultimate Guide to Sales Compensation Planning" for incentive best practices and everything you need for a sales comp plan design project. Annual Target Incentive. On-Target Earnings.

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Compensation Examples Sales Management Incentives 87

Sales Hacker Training

SEPTEMBER 10, 2018

Still, they don’t always nail down the details when it comes to the things that might entice a prospective salesperson — like a well-rounded sales compensation plan , for example. Creating a strong sales incentives program will help you attract and retain A-list sales talent, so it is worth putting in the legwork to create a strong plan. .

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Mindtickle

JANUARY 28, 2020

We’ve entered a new era of sales training. Today’s training is fueled by sales enablement technologies, and it’s bolstered by innovative coaching methods. What is Sales Training? Sales training is the ongoing process of teaching sales teams how to create profitable, deal-closing interactions with buyers.

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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. Motivation and Leadership They inspire and lead the sales team, providing guidance, support, and motivation to achieve individual and team goals.

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PandaDoc

JANUARY 29, 2024

But here’s the thing – setting realistic goals can really make or break your sales team’s morale and motivation in the long run. By setting achievable quotas, you can bring more positivity and motivation to your team. Now, let’s talk incentives. Incentives, or spiffs, can really boost motivation.

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MEDDIC

MARCH 16, 2023

Celebrating sales wins and accomplishments is a great way to boost morale, confidence, and motivation. Big motivator Who doesn’t like getting recognition for their work? Sales is a tough environment where it can become difficult to stay motivated. Celebrating sales wins is a big motivator.

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MTD Sales Training

SEPTEMBER 28, 2011

Sales incentive contents can be a positive force to help motivate your sales people to new levels of productivity and loyalty. Below is a powerful idea for sales incentive programs that you can alter to fit your organisation, that will inspire your team and boost your sales revenue! Lead By Example. Beat the Boss.

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Act!

APRIL 16, 2024

In a remote or even a hybrid setting , keeping your sales reps engaged and building that team culture can be quite challenging as everyone connects from a different location and environment, potentially resulting in distractions, miscommunication, and low motivation. A CRM also simplifies your team’s sales activities.

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Sales Hacker

MARCH 22, 2021

The world of sales motivation has been flipped upside down, especially when it comes to President’s Club. It’s a tried and true method for motivating and incentivizing your sales reps, but there are a lot of question marks surrounding it as we progress through 2021. 4 sales motivation strategies you should follow.

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Motivation Webinar Metrics Strategy Incentives 60

Mindtickle

JANUARY 28, 2020

We’ve entered a new era of sales training. Today’s training is fueled by sales enablement technologies, and it’s bolstered by innovative coaching methods. What is Sales Training? Sales training is the ongoing process of teaching sales teams how to create profitable, deal-closing interactions with buyers.

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Training Incentives Incentive Motivation 52

Sales Training Connection

APRIL 10, 2013

Motivating sales reps - the role of money. All sales managers face the challenge of motivating their sales teams. Yet, talk with 10 sales managers and you’ll hear at least 10 different ideas on tackling the motivation challenge. And, some sales managers use the same motivators with their sales teams that motivate them.

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Motivation Compensation Incentives Incentive 111

Pipeliner

MAY 9, 2023

Creating high-performing sales reps means supplying them with everything they require to reach their objectives, from motivation and professional growth. When people understand their goals, they are more likely to stay focused and motivated to achieve them. Staying motivated when facing difficulties can be difficult for humans.

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Pipeliner

APRIL 11, 2018

Provide constant feedback, hire the right people, incentive programs, create compensation plans that drive behavior…the list goes on and on. To really motivate your sales team: Train and coach your team and help them get better. To really motivate your sales team: Train and coach your team and help them get better.

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Pipeliner

OCTOBER 19, 2021

There can also be deeper, systemic issues that traditional incentives, such as commissions and bonus pay, can’t accommodate. Motivating Beyond Money. In addition to tuition reimbursement, for example, you could offer individualized career planning that would include a significant promotion upon the attainment of the MBA.

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Troops

OCTOBER 3, 2018

We asked her: “As someone who works with a remote sales team, what are some real-life examples of how to ensure everyone stays motivated and engaged ?”. Once you find the right people that really enjoy a remote environment, they’re motivated to make it work. Here’s are seven specific strategies Kyle shared with us.

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Sales Evangelist

APRIL 30, 2020

Why Your Brain Lies To You: Cash Is NOT The Best Motivator Although money is one of the indicators of growth and success, it’s not necessarily the best motivator when it comes to incentivizing a sales team. Emotion and motivation come from the same root making it difficult to distinguish one from the other.

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Motivation Lead Rank Incentives Incentive 52

Mindtickle

DECEMBER 6, 2023

As a sales leader, it’s important to set goals that will motivate your sellers and ensure they know what’s expected of them. In this post, we’ll take a closer look at why sales goals are important to sales teams, how to set effective ones, examples of common sales goals, and steps you can take to track and achieve them.

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Braveheart Sales

OCTOBER 22, 2020

It shouldn’t be surprising that we spend a lot of time training sales teams and coaching the sales team leaders. Here are five elements that must be considered before any money is spent on sales training. Can sales training be embedded into a repeatable selling system and process within your CRM?

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CloserIQ

OCTOBER 30, 2018

If you consider sales training to be the first of several steps toward boosting profits, it’s easy to see why it’s such a crucial investment. Sales training lays the foundation for future revenues by increasing your team’s satisfaction, loyalty and competence, all of which improve their interaction with the customer.

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Highspot

FEBRUARY 15, 2022

Choosing long-term and shorter term goals that will actually motivate your team is tricky, though. 12 examples of sales goals. But creating a sales goal that actually motivates your team isn’t easy. For example, you can say: We’re going to increase our core product’s revenue using a consultative sales approach.

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Sales Goal Examples Top of Funnel Churn 59

Chorus.ai

NOVEMBER 13, 2019

What motivates you? Our motivation often feels like something slightly vague, driving us toward a goal we’ve set. Why should you put so much effort into tailored motivational strategies when, you could argue, a well-planned one-size-fits-all commission model should do the trick? It’s a question we rarely ask ourselves.

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Sales and Marketing Management

MAY 18, 2018

Step One: Know What Motivates Your Customers. Creating an immersive experience that builds an emotional connection begins with understanding what motivates your customers. The importance of understanding their motivations can’t be understated since it shapes the overall design of the experience. Conferences/expos/tradeshows.

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Zoominfo

SEPTEMBER 1, 2019

Example of ZoomInfo’s knowledge center. Provide Ongoing Customer Education and Training. On the other hand, when you offer ongoing assistance and training, you show customers that your business genuinely cares about their experience. We don’t simply refer to product training materials and educational content.

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The Spiff Blog

JANUARY 9, 2024

Unfortunately, accomplishing this will require a bit more than a motivational speech. Sales ramp-up time can be costly, considering how much training and coaching is required to get new reps up to speed. For one, insufficient training won’t create effective salespeople. Prioritize interactive training.

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Nutshell

MARCH 17, 2023

Sign off] Brand promise welcome emails When considering different welcome email examples, don’t overlook the power of an emotional brand promise message. Encourage them to share: Consider adding an incentive for customers who share your brand promise with others. As part of [incentive program name], you can enjoy [benefit 1].

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