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New year, new goals: A checklist to empower your sales teams to close more deals in 2024

PandaDoc

Hopefully, the start of the new year has you super jazzed about what your sales organization will achieve in 2024. We know we’re excited about the potential our sales team has at PandaDoc. A sales team is the powerhouse behind any thriving software company. Now, let’s talk incentives. But wait, there’s more.

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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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How to Improve Sales Productivity and Boost Team Efficiency

Nutshell

DOWNLOAD Ready to become a better sales leader? Get 70+ expert strategies for sales management success in our Sales Manager’s Survival Guide. FREE DOWNLOAD Why is sales productivity important? Motivate with incentives Keep team morale high through inter-team competitions and incentives.

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Configure Price Quote Software Prevents Order Prevention

Cincom Smart Selling

Configure price quote software makes approving complex sales orders easy and fast. It is amazing what some companies do to make sure they want to accept a deal brought in by their hardworking sales force. Each order went through the following checks: The sales manager confirmed pricing and evaluated commission processing.

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5 Tips to a Clean, Profitable Sales Pipeline for Inside Sales Managers

Sales Hacker

Most sales managers don’t recognize this and assume that just because their reps have 30 opportunities in their pipeline they can work intently on these and forget about generating new business opportunities. Set up your sales pipeline widget—this way you can see: % of opportunities in negotiation. Proposal send date. %

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4 ways to use sales gamification in your sales process

PandaDoc

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.

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The 13 Least Known Sales Technologies

Velocify

Percentage of participants who were unfamiliar with each type of sales technology. 1) Sales Gamification. Sales gamification software leverages game mechanics to incentivize rep performance. 4) Territory and Quota Management Solutions. 6) Incentives and Commissions. 7) Sales/Content Enablement.