Remove Groups Remove Incentives Remove Marketing Remove Territories
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2023 Sales Comp Planning: A Conversation with The Alexander Group

The Spiff Blog

A volatile market and economic downturn make it tough to effectively plan— tough, but not impossible. We recently sat down with Chris Semain, Principal and Tech Practice Leader at the Alexander Group to discuss the future of sales comp. 2022 has seen an interesting mix of market conditions. Let’s dive right in!

Groups 67
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5 Tips for Designing Successful Sales Incentive Compensation Plans

Xactly

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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11 Sales Compensation Complaints to Address Before Next Year

SBI Growth

This also gets you access to SBI’s Annual Sales & Marketing Research. Surely something is wrong besides the new incentive compensation. While planning and before rollout of the new plan, explain it to a pilot group of reps and SMs. Incentive targets are linked in a competitive fashion, not on my own improvement.

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The Pros and Cons of Different Sales Compensation Plans

Janek Performance Group

With salary, commission, bonuses, and other incentives, sales professionals often have options and feel in control of the compensation they receive, which can be great for motivation and fulfillment. In some instances, salary-only sales can be positioned as a more “transparent” marketing differentiator. We all want to be paid fairly.

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The Value of Cross Referrals – Sales eXchange 158

The Pipeline

Last week I was working with a group, we were looking at more effective prospecting, when we got around to discussing referrals, I got back some familiar comments. The specific comment was that the rep was reluctant to ask prospects/clients for referrals “because what if the person or company they refer are out of my territory?”

Referrals 324
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Creating the Ideal Performance Culture

SBI Growth

Your people will need new capabilities to thrive in a changing market. Those reps were covering an extensive territory and large customer base. The Sales Operations team moved to reorganize the group. Incentive Programs. Does your comp plan incent behaviors that will get you to your number? Resource Allocation.

Hiring 293
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A Holistic Approach to Compensation Structuring with Scott Barton

Sales Hacker

He’s an expert in the sales world, particularly in revenue operations and incentive compensation. Today we’ve got Scott Barton, VP of Industry Solutions at Varicent and a veteran of sales, revenue operations, and incentive compensation. Sales forecasts, territory design, quota management, and incentive compensation.