Incentive Gift Cards Continue to Delight

Sales and Marketing

Author: SMM Research from the Incentive Gift Card Council (IGCC) and the Incentive Research Foundation (IRF) shows the majority of U.S. they can be used for both short-term and long-term incentive efforts?—?adds Digital delivery continues to grow in incentive gift card use.

Survey Results Validate Need for Transparency and Automation in Incentive Comp


As it relates to operational challenges pertaining to period-to-period incentive compensation processing, the following three challenges emerged from the survey results: Limited reporting. Overwhelmingly, the biggest challenge for survey respondents already on an ICM (Incentive Compensation Management) technology platform was a lack of reporting by which front-line sales reps can track their own progress.

“Incentives Drive Behavior” Cracking the Code with Predictive Analytics #CALDC3

Smart Selling Tools

They aim to offer tightly integrated solutions that, when used together, not only feed information to each other but also provide added value by way of true automation. CallidusCloud held their Connections conference last week at the Wynn in Las Vegas.

Wells Fargo: The True Cost of “Unchecked Incentives”


Richard Cordray, director of the Consumer Financial Protection Bureau, suggests “unchecked incentives” were the root cause of the fraudulent accounts, further elaborating, “Incentive compensation structures are common in businesses and they can motivate positive behavior. What kind of behavior do current incentive compensation plans promote? The post Wells Fargo: The True Cost of “Unchecked Incentives” appeared first on OS Blog.

Sales Incentives, Awards, Lead Follow Up and Sales Effectiveness

Understanding the Sales Force

Dave Kurlan wrote: They should receive the incentive only if the opportunity makes it as far as 2 nd base in the sales process. Understanding the Sales Force by Dave Kurlan Today I had the following email exchange: Subject: Question on Comp. Dave, I have a question on comp and I need help.

Guest blog: 10 Success Factors For Quotas Part 1


By combining a bottom-up view with the top-down expectations, you can consider granular information from the field on account opportunity and reconcile it with a bird’s eye view of how that opportunity looks across markets and overall macro forecasts or trends for market growth.

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IBM ICM Users, Rejoice: v10 is Here


You may have heard of the IBM ICM (Incentive Compensation Management) Version 10 release and all of its bells and whistles. Pulse, a new administrative viewer for IBM ICM reports, centralizes all sales force data so administrators can quickly understand the current state of the sales force and get impactful information into the right hands. Incentive Compensation Sales Performance Management IBM ICM Incentive Comp Incentive Compensation Management upgrades

SPM Transforms the Career Path from Admin to Analyst


In this fourth post, we discuss how sales compensation administrators can streamline the incentives management process using SPM technology and in doing that transform their role from an administrative function to a business and analytical function. With time now available that was previously spent manually calculating commissions, Sales Compensation Administrators can focus on analysing the rich data and information is provided.

Crush communication siloes during your ICM implementation


However, without getting the right information to the right people at the right time, your rosy future state may come with conflict, confusion, and delays. Further, if the end users aren’t informed of when the new SPM platform will be live, or worse, aren’t trained to leverage its capabilities and the associated new business processes, user adoption will be low meaning the company won’t receive the full return on its investment. How should these types of information be shared?

Sales Performance Management 101 for HR: Keeping Employees Motivated Through Compensation Transparency


Sales Performance Management (SPM) solutions links pay to performance and provides all of the supporting information in one place. Incentive compensation management systems, a core piece of SPM solutions, can automate calculation of sales commissions, bonuses, and MBOs, as well as directly linking each of these variable payments to the associated performance metric.

Sales Performance Management 101 for Finance: Know the Cost of Your Investment in Sales


The sales team produces a large body of disparate information which needs to be collected, converted into a suitable format and analysed to build out forecasts and leverage incentive compensation for peak sales performance. Lack of visibility not only leads to poor results from incentive compensation initiatives, but it could cause future financial and legal issues if payments are inaccurate.

Sales Performance Management 101 for the Corporate Board: Why SPM Strategy is Critical for Sales Success


They need readily available information to track progress against targets and return on key investments. Company objectives, values and mission drive the brand and the reputation of an organisation, but most of the time the behaviour of sellers is not linked to these company objectives because incentives are not aligned or are not delivered effectively. In some cases, this will be due to poor incentives plan design.

Sales Performance Management 101 for Sales Leaders: Maximising Performance of Your Sales Team Using the Right Technology


SPM technologies like IBM Incentive Compensation Management empower Sales Leaders by providing real time pay for performance information. Sales Leaders have the information to ensure that incentive design rewards the top performers effectively leading to higher retention. For the mighty middle, Sales Leaders have the data to design incentives that encourages an extra 5-10% performance out of a group that can get complacent.

Inside the Mindset of Users and Non-users of Incentive Travel

Sales and Marketing

Teaser: When Sales & Marketing Management magazine and the SITE Foundation initiated a comprehensive survey on the use of incentive travel, they knew that some of the most illuminating information would come from non-users of this motivational tool. Issue Date: 2014-09-01.

Sales Performance Management 101 for Sales Reps: Getting the Sales Numbers You Need with the Right Technology


Effective SPM can be a game-changer for sales organisations as sales and performance information is readily available to the seller bringing trust, motivation and direction to the sales process. By automating the process, SPM technologies like IBM Incentive Compensation Management empower salespeople and sales managers to effectively identify areas to maximise sales and earnings in each sales period.

Mo’ Adjustments, Mo’ Problems – and Mo’ Sales Comp Admins Won’t Solve Them


How likely is your sales incentive plan going to be dead on arrival, riddled with holes caused by requests for changes and exceptions? At least three months prior to the new year, finance teams slave over intricate details and policies for sales incentive plans to make for a smoother payroll cycle next year. For some companies, the majority of their adjustments are caused by faulty information coming through.

A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?


In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. Bowe claims this could be a source of the overdose crisis and a case of crossing the fine line between sales incentives and public health.

Is Your Compensation Plan Driving Sales to the Wrong Finish Line?


How we capture data and information. Uncategorized Commission ICM Incentive Compensation Incentive Compensation Management Plan Design sales performance management“Moving the needle” in terms of overall sales force performance is no mean feat.

Outstanding in the Field: ICM Self-Service Enablement for Field Reps


As mentioned in my previous blog , Incentive Compensation Management (ICM) solutions have moved far beyond being an automated calculator for determining commission and bonus incentives. This frees field personnel to take the desired actions and have the information needed, even with routing completely controlled by the current management hierarchy in place for initial field management approvals. Evaluate your current system for incentive compensation management.

OpenSymmetry Releases 2016 SPM Vendor Guide


The 2016 SPM Vendor Guide is an information resource that provides organizations an introduction to the leading suppliers of Sales Performance Management systems and solutions.

[VIDEO] Top Qualities of High-Growth Companies: A Conversation with Henry Schuck

DiscoverOrg Sales

What we wanted to do as part of the study is to go out and identify, what are the things that are driving growth at high growth companies and what are things that are inhibiting growth at low growth companies because that would really inform the way that we work with our customers to help them see the growth that they expect to see when they invest in DiscoverOrg.

The Criticality of SPM Technology


While, incentive compensation administration is still a main piece, the broader SPM technology concept is expanding more holistically to include other key aspects which directly impacts how a sales team might perform, including talent development, sales enablement, and territory and quota management.

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?


In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. For example, Corporate Integrity Agreements (CIAs) were implemented by the DoJ as a way to curtail off-label drug promotion which forced companies to ensure their sales incentives encouraged proper compliance. Bowe claims this could be a source of the overdose crisis and a case of crossing the fine line between sales incentives and public health.

OpenSymmetry Named in the First-Ever Inc. Best Workplaces Awards


For more information, please visit For more information, visit For more information, visit Magazine Incentive Compensation Management sales performance management SPMMagazine Introduces the Inc.

Part II The Territory & Quota Management Revolution


The Territory & Quota Management Revolution – New Incentive Compensation Platforms Blazing the Trails to Greater Efficiencies. Fast forward 20 – 30 years to the age of enlightenment for Incentive Compensation Management solutions.

Improving the Sales Organization’s Change Readiness


Many companies underestimate the change challenge and respond only tactically with the emphasis being on a quick response to a challenge often seen through rushed amendments to the incentive plan or hiring new people. Meeting the Change Readiness Challenge.

Congrats to Derek Connell on his Recognition in Consulting Magazine


For more information, please visit our website, Consulting Magazine looks at the top consultants in different categories and recognizes only 35 individuals to receive the Rising Star award.

[Webinar wrap-up] 5 Keys to Accelerated Lead to Money


Peter O’Neill, Vice President, Research Director, Forrester Research and Laura Roach, Senior VP Marketing and Customer Success, OpenSymmetry shared valuable information on aligning the customer buyer journey for a holistic approach to accelerate Lead to Money in a recent live webinar.

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Selling - Do You (They) Have What It Takes?

Anthony Cole Training

Selling requires that you are motivated by incentives rather than effort. Click here for more information. Click here for more information on a tool so reliable that you can eliminate 96% of the mistakes made when hiring salespeople.

Sales Tech Simplified: How to Turn Relationships Into Revenues with @ModelN

Smart Selling Tools

We found that the top 3 activities negatively impacting a sales person’s selling time includes both preparing proposals and finding accurate pricing and configuration information. Enabling companies to maximize revenues with more effective pricing, discount and incentives programs.

The 13 Least Known Sales Technologies


Sales teams can make faster and better-informed decisions with software that helps present complex business analytics into easy-to-digest, actionable insights. 6) Incentives and Commissions.

Operation Green Turtle: Avoid Professional Embarrassment


established an informal incentive program amongst themselves, which they referred to as “Operation Green Turtle”. In an effort to minimize any self-inflicted embarrassment, the astronauts. When an astronaut slipped up. and used a curse word d

3 Key Insights Management Can Learn from an Inside Sales Team

Sales and Marketing

Teaser: In my 20-plus years of managing inside sales teams, I am still amazed at the amount of critical information they can provide to management. In my 20-plus years of managing inside sales teams, I am still amazed at the amount of critical information they can provide to management.

Lead Generation and Accountability: Increasing the Quality of Prospects


Numbers, incentives, and change. Sales is all about numbers, but these incentives can skew the real goals. When your best salesperson is struggling, then they may be the person to single out for information to see how prospects are reacting.

What To Expect At Revenue Summit 2018—Aligning Sales, Marketing & Customer Success

Sales Hacker

Building a High Performing Sales Culture – Training, Onboarding, Ramp, Comp Plans, Spiffs, Incentives, Pipeline Reviews. Additional Information: Get 20% off your ticket – HERE. Contact for more information. SAN FRANCISCO, CA – Feb. 15, 2018 – Sales Hacker, the leading resource for sales innovation, acceleration, and the future of sales, is set to host The Revenue Summit , on March 1st, 2018 in San Francisco, California.

Sales productivity – time to push the more button

Sales Training Connection

Simply put, they filter the information “coming down” from the division or central office and only funnel to their sales team the information the sales person needs to succeed. There are incentives for all sorts of sales activities.

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Sales Managers – Why Isn’t Goal Setting Easy?

Anthony Cole Training

Or, if you want to use incentive travel/excursions to motivate people to higher levels of performance, you raise the bar required for people to qualify for the “President’s Club” trip. I have inquired about incentives and changes in overall production of a sales team.

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Smart Selling Visions: Up-Close with Top Revenue Leader Adam Hollander, CEO of @FST_Games

Smart Selling Tools

So by the end of the contest, there’s only a small handful of reps even focused on the incentive (and of course a large portion of your team no longer motivated by it at all). Your top reps are self-motivated and don’t usually need an extra incentive to perform.

October Referral Selling Insights

No More Cold Calling

This is a case of incomplete information and people reading headlines only. Not so long ago clients looked to salespeople for information about our companies and products. Here’s what you might have missed from No More Cold Calling this month.

Smart Selling Visions: Up-Close with Top Revenue Leader K.V. Rao, CEO of @AvisoInc

Smart Selling Tools

Business leaders are inundated with information, including a plethora of reports and dashboards that claim to automate decision making. Sellers/marketers have access to a lot of information, and they know they need to be smarter leveraging that information.