The Spiff Blog

OCTOBER 19, 2023

Recommended reading : How to Develop a Winning Sales Compensation Philosophy Compensation Transformation Tip #3: Personalize your sales incentive programs. Personalizing sales incentives is a difficult task for a number of reasons. This sort of change may seem small, but it’s significant.

Compensation 83

Compensation Incentives Incentive Commission 83

No More Cold Calling

MARCH 13, 2014

The best way to motivate your sales reps is to believe in them. Sales managers can wreck a sales career or launch it. They can motivate reps who seem hopeless or derail the efforts of rising sales stars. Rene Zamora, a sales management thought leader and this month’s guest blogger, has a unique perspective.

Small Business 240

Small Business Small Business Sales Outsourcing Face-to-face 240

PandaDoc

JANUARY 29, 2024

Now, let’s talk incentives. Incentives, or spiffs, can really boost motivation. They can give your team that extra motivation they need to work towards and make achieving those sales targets even more rewarding. But here’s the key – structure your incentives to make your goals more realistic and achievable.

Closing 52

Closing Proposal Incentives Incentive 52

Xactly

MARCH 29, 2018

However, in sales, no leader wants to be considered a fool. Rather than scheming up some pranks for the office (we’ll leave that to you), we’re focusing on how you can avoid being a sales management fool with these 10 tips! As a sales manager, take time to show appreciation for each reps’ individual efforts.

Sales Management 45

Sales Management Incentives Incentive Top of Funnel 45

Mindtickle

JANUARY 30, 2018

Being a sales manager today is less about managing and more about developing, inspiring and growing the skills of your team. This is not easy and can leave a lot of sales managers chasing their tails trying to work out how to improve the performance of their team. Coaching improves your skills.

Coaching 59

Coaching Sales Management Incentives Incentive 59

Jeffrey Gitomer

MAY 22, 2011

Tweet Share At the corporate sales meetings where I give presentations, I am often asked to participate in giving out sales awards. There is an incentive for that person to maintain or improve his or her performance to stay at the top. Get Sales Blog Updates. Sales Management. Sales Videos.

Hiring 291

Hiring Social Media Loyalty Incentives 291

HeavyHitter Sales

JULY 1, 2011

Heavy Hitter Sales Blog. Closing Techniques Using Sales Linguistics. Top 7 Critical Sales Trends for 2012. IT Sales Strategy: Software, SaaS & Hardware Sales. Best New Sales Book of 2011. If Sigmund Freud Was Your Sales Manager. Four Critical Sales Kickoff Meeting Success Factors.

Study 163

Study Lead Rank Lead Scoring Penetration 163

Mindtickle

JANUARY 30, 2018

Being a sales manager today is less about managing and more about developing, inspiring and growing the skills of your team. This is not easy and can leave a lot of sales managers chasing their tails trying to work out how to improve the performance of their team. Coaching improves your skills.

Coaching 52

Coaching Sales Management Incentives Incentive 52

No More Cold Calling

FEBRUARY 29, 2016

That’s why the salesmen and saleswomen who cultivate relationships and leverage them for introductions to prime prospects get meetings faster, fill their pipelines with hot sales leads, and convert prospects into clients more than 50 percent of the time. Our topic: “How to get the one-call referral meeting.” You can listen here.

Referrals 120

Referrals Incentives Incentive Cold Calling 120

Xactly

MAY 7, 2018

Sales operations and compensation professionals must compile a team to piecing together metrics and goals, which carries an incredible amount of responsibility. The resulting incentive plan must develop a compensation process that will motivates the right sales behaviors to achieve goals, all while driving growth.

Compensation 49

Compensation Incentives Incentive Networking 49

Jeffrey Gitomer

MARCH 8, 2013

Instill pride for sales. Have incentives and contests to keep it competitive. Pay a larger incentive the second time. Have regular sales meetings. Have regular sales training. A weekly sales meeting should include 15 minutes of training. appeared first on Jeffrey Gitomer’s Sales Blog.

Incentives 255

Incentives Incentive Compensation Referrals 255

The Spiff Blog

JANUARY 9, 2024

If you’re responsible for reaching demanding sales targets, you must be more dynamic and strategic in 2024. In today’s blog post, we’ll cover some key tactics that will position both you and your team for success this year. Consider each scenario that might affect your sales team’s ability to hit its targets. Let’s get into it!

Banking 84

Banking Hiring Churn Scale 84

Hubspot Sales

MAY 26, 2023

You have to meet them where they are, or put yourself out there to whoever will see and value your services. In this blog post, we've compiled a list of real estate prospecting tips to help you grow your real estate business proactively. Attend local real estate events, meet-and-greets, and other events to expand your network.

Real Estate 84

Real Estate Prospecting Ideal Customer Profile Social Media 84

PandaDoc

OCTOBER 30, 2023

Key takeaways Sales gamification can improve performance by drawing attention to specific metrics, sales targets, and KPIs. Employee engagement increases when the incentives are worth the effort required to do well. Manage your sales activities twice as fast Increase your close rate by 36% wuth PandaDoc.

Sales Process 52

Sales Process Incentives Incentive Hiring 52

PandaDoc

APRIL 3, 2023

What type of training is required for a sales manager? There are many sales training techniques to choose from. Some are better suited to onboarding new hires or educating frontline reps, while others are more effective sales training methods for management. You might even try role-playing some sales situations.

Training 98

Training Hiring Construction Case Study 98

Your Sales Management Guru

NOVEMBER 16, 2012

The reality of Sales departments is that salespeople live quarter to quarter, and they have to hit a quota each quarter in order to stay in the good graces of their department. While this is a great incentive for keeping your sales team motivated to bring in revenue, that same incentive be counterproductive in the lead qualification process.

Sales Qualified Lead 83

Sales Qualified Lead Lead Rank Lead Qualification Leads 83

Partners in Excellence

JUNE 17, 2022

Some of the discussion was around keeping the based as low as possible, with the idea of “saving money” if people don’t meet their OTE goals. It seems these managers are betting against their peoples’ success. We want to manage spend, we want to minimize risk. Be clear about your goals in comp planning.

Revelation 68

Revelation Incentives Incentive Commission 68

Xactly

SEPTEMBER 5, 2018

Management by Objectives, aka MBOs, are goals set for employees to improve overall sales performance, as agreed up on by sales manager and rep. MBOs can be an extremely useful tool in addition to your sales commission structure because they give each rep individual goals to strengthen the overall sales organization.

Examples 78

Examples Compensation Incentives Incentive 78

Zoominfo

MAY 13, 2018

What we’re about to say is going to contradict every point we’ve made thus far—but hear us out: Stress can be beneficial for sales people. There’s no way around it, stress drives activity and sales managers know this. Start small, and expand your incentive program as you learn and grow. So how do you do this correctly?

Hiring 258

Hiring Sales Qualified Lead Lead Rank Lead Scoring 258

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. Alternatively, poorly constructed or inequitable sales challenges can result in anti-productive activity, resentment and rebellion. Beat the Boss. Lead By Example. Happy Selling! Sean McPheat.

Motivation 120

Motivation Infusion Construction Incentives 120

Crunchbase

JUNE 28, 2021

We are honored to feature and promote their contribution on the Crunchbase blog. Your sales team is the backbone of your company, and your employees are just as vital to business success as your customers. You can’t simply train your sales reps once, send them out into the world, and expect them to adapt to new challenges without fail.

Webinar Metrics 111

Webinar Metrics Training Strategy Software 111

Customer Centric Selling

JANUARY 13, 2014

Sales Training Article: The Sales Manager''s New Year''s Resolutions. By George De Los Reyes, Sales Benchmark Index (SBI) I am big on New Year''s resolutions. Each recommendation addresses the biggest obstacles every sales manager faces to making the number: Not enough ''A'' players on the team.

Sales Management 49

Sales Management Face-to-face Decision Maker Travel 49

Mindtickle

JANUARY 19, 2023

In this blog post, we’ve rounded up sales productivity stats from the leading research firms and vendors in the sales enablement space to put together stats bucked into a few different categories: customer experience; rep time management; sales managers; sales enablement; and technology usage.

Strategy 52

Strategy Cold Calling Lead Rank Lead Scoring 52

Cincom Smart Selling

FEBRUARY 9, 2016

In many ways, managing multiple sales channels is like climbing that mountain—it looks easy until you really get into the process, and then the challenges and difficulties become all too apparent. If you currently manage a multi-channel operation, you know how naïve this statement sounds. Good selling!

Channels 83

Channels Sales Management Sales Qualified Lead Collateral 83

Showpad

MARCH 3, 2020

Sales reps need support to drive growth and increase likelihood of success, whether they’re going through initial onboarding, working through the buyer’s journey or collaborating with marketing. While these two functions handle different aspects of the sales process, there is some cross-functional collaboration.

Sales Operations 100

Sales Operations Sales Enablement Hiring Compensation 100

CommercialTribe

JULY 6, 2020

Agility has always been a key component of a successful sales strategy, and the current upheavals are only accelerating the rate of change for many sales organizations. In this post, we’ll dive into the first principle — the importance of WHO sales managers focus sales coaching effort on.

Sales Coaching 52

Sales Coaching Hiring Coaching Face-to-face 52

Your Sales Management Guru

DECEMBER 3, 2012

At this time of the year everyone is working on your sales business plans for 2013 and finishing budgets and forecasts. I would encourage you to share your thoughts on this topic in the blog comments below. If you would like ideas on how to create a successful sales kick-off meeting send me an email: Ken@AcumenMgmt.com.

Sales Leadership 82

Sales Leadership Incentives Incentive Motivation 82

Smooth Sale

MARCH 17, 2022

Gordon provides today’s guest Blog, ‘Are You Ready to Break the Bias?’ The insights are essential for business growth and the precursor for successful sales. We at Scale Your Sales podcast celebrate the achievements of women and campaign for a world where we can all #BreakTheBias. . Sales Tips: Are You Ready to Break the Bias?

Scale 78

Scale Hiring Lead Rank Report 78

Close.io

JUNE 20, 2018

with a distributed team: And in this blog post, we want to break down some of the steps to maintaining a quality culture for a remote sales team. If your remote sales team doesn’t have concrete sales goals and objectives to work toward, their natural instinct will be to go through the motions.

Hiring 127

Hiring Face-to-face Objections Inside Sales 127

The Pipeline

DECEMBER 16, 2011

I would add another disconnect that prevents sales training from achieving a positive return on investment is a lack of alignment between the organization’s strategies, structure, processes/operations, incentives and people. A Random Walk Up Sales Street. Random Walk Down Sales Street. Sales Bloggers Union.

Pipeline 230

Pipeline Training Twitter Hiring 230

OpenSymmetry

JANUARY 12, 2017

Likewise, it’s no surprise that more companies are adopting that same mantra with employee self-service in regards to their field sales force. 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.

Compensation 40

Compensation Incentives Incentive Field Sales 40

Partners in Excellence

JULY 20, 2017

In virtually every discussion, every popular blog post, the focus of all sales performance initiatives is the sales person. Do we have the right incentives/compensation? How do we get sales people to perform better? It’s the front line sales manager. Are we getting the right people?

Maximizer 67

Maximizer Coaching Sales Enablement Face-to-face 67

PandaDoc

NOVEMBER 15, 2021

Take advantage of a number of sales competitions and incentives. However, make sure you don’t repeat the same sales contests — not only will the same people keep winning (causing everyone else to give up ultimately), but you’ll also turn the winners into natural targets. A competent manager strives to achieve this.

Hiring 52

Hiring Scale How To Incentives 52

Zendesk Sell

MARCH 21, 2019

Aligning sales and marketing teams is a struggle for many companies. The sales department grows frustrated because they don’t have the necessary material (i.e., blog posts, white papers, eBooks) to make a sale. Therefore, marketing may become annoyed when sales doesn’t even use what they produce.

Lead Rank 68

Lead Rank Marketing Qualified Lead CRM Sales Qualified Lead 68

No More Cold Calling

MAY 12, 2015

Gartner’s Tiffani Bova identifies three dangers looming over modern sales organizations. Car accidents and natural disasters are every bit as unpredictable as winning the lottery or finally meeting your soul mate. What is predictable is the challenges sales organizations face. Life throws a lot of curve balls—both good and bad.

Lead Rank 120

Lead Rank Top of Funnel Face-to-face Lead Scoring 120

OpenSymmetry

OCTOBER 28, 2016

For example, is investing more heavily in training a better option than the introduction of a content management or CPQ tool? Or is a new sales methodology a better option than investing in a sales manager coaching program? The post Is Your Compensation Plan Driving Sales to the Wrong Finish Line?

Compensation 40

Compensation Incentives Incentive Decision Maker 40

Xactly

AUGUST 27, 2018

Surprisingly, female sales reps routinely hit quota at higher rates despite being paid a lower base pay than their male counterparts. Today, in honor of Women’s Equality Day on August 26, we’re introducing Xactly’s newest addition to the executive team, Lisa Welch, VP of Enterprise Sales. Meet Lisa Welch, Xactly VP Enterprise Sales.

Sales Leadership 40

Sales Leadership Hiring Compensation Incentives 40