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29 Critical Sales Compensation Benchmarks & Statistics for 2022

The Spiff Blog

If you’ve worked in sales, revenue operations, or finance for any amount of time, I don’t have to tell you how important sales compensation is. More than 40% of surveyed sales leaders missed revenue targets in 2020 ( source ). Only 37% of sales reps’ time is being spent on revenue-generating activities ( source ).

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E-commerce That Avoids Channel Conflict

Sales and Marketing Management

No B2B buyer wants to hear that from a vendor when they place an order the old-fashioned way, by phone. By 2025, 72% of B2Bs expect 41% or more of their revenue to be derived from e-commerce websites they own or operate, according to Episerver’s “ B2B Digital Experiences Report. ”. (Pause) OK, what was it you wanted?”.

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8 Steps to Setting Smarter Sales Goals

Hubspot Sales

Figure your monthly sales goal by working backward from your company’s annual revenue target. Working backward lets you turn a (potentially intimidating) revenue goal into manageable metrics. The incentive for your reps to meet their quota? So what’s the incentive for meeting these smaller goals? Incentivize goals.

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7 proven ways to increase customer engagement (and sales, too)

SalesLoft

It’s no wonder that these fully engaged customers represent a 23% premium in share of wallet, profitability, revenue, and relationship growth over the average customer, according to Gallup. Or do they like an old-fashioned phone call? Use sales engagement tools and CRM to narrow your customer’s preferred communication channel.

Scale 52
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AI’s Role In Sales and Marketing

Sales and Marketing Management

Author: Paul Nolan “What happens when new and fast-improving technologies create opportunities to unleash untapped sources of revenue, some of them long trapped by market inefficiencies?”. The authors, Omar Abbosh, Paul Nunes and Larry Downes, refer to this untapped revenue as “trapped value.”. Automated coaching.

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Sales Revenue Growth for 2014? More of the Same Won’t Deliver Results

The ROI Guy

In your 2014 plans, you likely have some significant revenue growth targets for the New Year. The odds are that these investments will fall flat and not yield all the revenue growth results you expect. However, more sales reps do not mean more revenue. Why is this? In fact: New sales reps take a long time to ramp up.

Hiring 67
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Meet the Spiff Team: Chapter Ten

The Spiff Blog

Lulu has a deep passion for fashion and uses fashion as a means of self-expression. I love all of the amazing people and of course, the opportunity to generate revenue for the company! Lulu has experience in customer service, sales, onboarding, data analysis, and languages (he speaks three).

Meeting 71