The Spiff Blog

SEPTEMBER 7, 2023

Although SPM strategy varies by company and industry, the most effective sales performance management strategies typically involve a combination of the same core pillars. These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement.

Incentives 83

Incentives Incentive Scale Compensation 83

Nutshell

MARCH 19, 2024

We’ll also explore some of the challenges sales reps face that impact their productivity, detail how to calculate your team’s sales productivity, and discuss the best tools to help you increase it. Table of Contents What is sales productivity? Why is sales productivity important?

How To 71

How To Sales Qualified Lead CRM Face-to-face 71

Hubspot Sales

NOVEMBER 28, 2023

In this article, we discuss how sales and marketing collaboration makes a difference and provide tips and tools for making this collaboration more efficient. Table of Contents How can Sales and Marketing collaborate? Enablement Content Enablement content sits at the crux of successful sales and marketing alignment.

Lead Rank 99

Lead Rank Top of Funnel Marketing Qualified Lead Ideal Customer Profile 99

Hubspot Sales

JANUARY 19, 2018

I’m a big believer in preparation, so whenever I can, I create a deal plan with my prospect. The deal plan should cover whatever your prospect suggests but will generally encompass the remainder of the sales cycle, how to sell the product internally, and the implementation of the product. Why You Should Create a Deal Plan.

Closing 131

Closing Tools Sales Cycle ACT 131

Highspot

OCTOBER 11, 2023

Sales Process Optimization Implement efficient sales processes that streamline workflows, reduce bottlenecks, and improve customer experience. Incentives and Recognition Reward top performers with appropriate incentives and recognition. Communication Foster open and transparent communication within the team.

Sales Management 59

Sales Management Strategy Lead Rank Lead Scoring 59

Highspot

FEBRUARY 25, 2024

The Important Role of Sales Operations Common Problems With Sales Operations Practical Tips to Improve Sales Operations Supercharge Sales Operations With Highspot The Important Role of Sales Operations Sales operations (sales ops) works to ensure the sales team functions smoothly.

Sales Operations 52

Sales Operations Forecasting Incentives Incentive 52

Act!

APRIL 16, 2024

Did you know that by 2025, 80 percent of B2B sale s interactions between buyers and sellers are predicted to happen virtually? That’s how fast the remote sales landscape is evolving. Virtual sales teams allow organizations to optimize costs, hire the best sales talent worldwide, and engage with prospects in different time zones.

Strategy 52

Strategy Hiring Top of Funnel Face-to-face 52

PandaDoc

DECEMBER 13, 2018

It’s no secret that there are many benefits to gamifying your sales process. Even if you don’t have a tool in place, it’s likely as a sales leader you’re already using it in some form. Ever organize a sales contest? Not only is gamification popular, it’s a proven and effective sales performance booster.

Sales Process 83

Sales Process Hiring Proposal Channels 83

Zoominfo

MAY 9, 2022

It wasn’t long ago that sales as an industry was driven largely by volume — more leads meant more prospects, which sometimes translated into more revenue. This process was inefficient, time-intensive, and unpredictable. Today, sales is driven by insights. What Can Sales Engagement Platforms Do for You?

Scale 130

Scale Sales Automation Hiring ROI 130

Sales Hacker

JUNE 14, 2019

Sales reps want to sell. At every point of the buying journey, your prospects and customers share valuable insights with you into their world, giving you visibility into their needs, pains, competitors, and more. What’s the #1 incentive you can use with your reps? Align incentives. Align Incentives. Let’s be real.

Data 68

Data Closing Prospecting Incentives 68

No More Cold Calling

JANUARY 16, 2020

Actually, what we need is strong sales leadership. Whether you are a CEO, vice president, or sales manager, you have a central role in your company’s sales process and in the decision to transition from vapid outbound prospecting to selling through referrals. Sales Managers: Where Are You Now? Think again.

Referrals 328

Referrals Sales Management Hiring Scale 328

Zoominfo

JULY 1, 2018

But here’s the good news, once you learn to incorporate social media into your sales process—it can really pay off. Social sellers realize a 66% greater quota attainment than those using traditional prospecting techniques ( source ). Check it out: 78% of salespeople using social media outperform their peers ( source ).

Buyer 190

Buyer Social Media Social Selling Incentives 190

Zoominfo

JULY 25, 2023

In the not-so-distant past, a significant portion of a typical business-to-business (B2B) sales professional’s life revolved around in-person meetings with key prospects and high-value clients. Today, as much as 80% of B2B decision-makers prefer remote or even fully self-serve sales interactions.

Lead Generation 130

Lead Generation Lead Rank Ideal Customer Profile Lead Scoring 130

SBI

JULY 24, 2018

When the first sales automation tool was launched, it truly changed the way sales were managed. The first digitization of sales account information and pipeline occurred in the 1980’s. Every sales automation solution attached to the CRM was supposed to do just that, automate the sales process.

CRM 95

CRM SAP Forecasting Incentives 95

LeadFuze

JULY 7, 2023

In this thorough overview, we’ll investigate the significance of creating intelligent sales objectives and approaches that can assist you with accomplishing them. We will explore how past data analysis, future company changes consideration, and incentive programs implementation play a significant role in goal-setting.

Sales Goal 52

Sales Goal Churn Incentives Incentive 52

Hubspot Sales

JULY 25, 2023

Table of Contents How Sales Teams Use AI Creative Ways for Your Teams to Use AI Tips for Implementing AI How Sales Teams Use AI To understand AI’s impact on sales, we asked more than 600 sales professionals how they use AI in their work. 85% of sales professionals say that AI makes their prospecting more effective.

Top of Funnel 79

Top of Funnel Forecasting Sales Qualified Lead Lead Rank 79

SBI Growth

SEPTEMBER 23, 2013

VPs of Sales are asking questions like: Is our Sales Process good enough? Are my Sales Managers good enough? Your reps utilizing social and mobile tools consistently was not in your ’13 plan. Phase 2 - Develop Go To Market Plan - Many sales VPs don’t know the best route to market. Sales training.

Compensation 325

Compensation Social Media Incentives Incentive 325

Salesmate

JUNE 9, 2020

Well, everyone wants the applause and incentives that are given when the sales quotas are achieved. Salespeople do not give enough attention to the initial stages of the sales process and suffer in the end with a poor conversion rate. 79% of marketing leads don’t convert into sales. So, do not take it lightly.

Face-to-face 125

Face-to-face Sales Qualified Lead Ideal Customer Profile How To 125

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

Understanding the Sales Force

SEPTEMBER 9, 2013

There are categories of sales tools and CRM applications where none existed a few years ago. Companies are spending more money on sales force evaluations, sales training, consulting, sales leadership development, sales process, infrastructure and sales recruiting services than 5 years ago.

Sales Management 288

Sales Management Hiring Compensation Trends 288

Anthony Cole Training

JANUARY 13, 2014

It caught my attention because 1) the use of a number , the use of the word improve and the phrase reduce revenue risk and 2) I’m constantly on the look out for information that may be of help to my clients and prospects. And, because of these problems, there are challenges in the predictability of future sales.

Sales Forecasts 189

Sales Forecasts Forecasting Margin Incentives 189

Zoominfo

APRIL 11, 2018

How a prospect answers this question can tell you a lot about how they read emotions and navigate tense situations. To succeed in B2B sales, a rep needs to be a quick thinker. After analyzing a prospect, a rep must think on their feet and quickly offer up a solution that will appease a prospect’s concerns. Persistent.

Hiring 178

Hiring B2B Sales Cycle Call-back 178

Janek Performance Group

SEPTEMBER 13, 2023

What specific incentives do you offer, such as discounts or special offers? Think of this as part of the sales process. Consider the following tips: Leverage applications Survey tools Track data in your CRM Seeking referrals can be time consuming. Fortunately, there are applications that can aid this process.

Referrals 62

Referrals Networking Social Media Ideal Customer Profile 62

Janek Performance Group

MARCH 12, 2024

Many sales professionals often don’t receive the crucial tools needed for success right away. This may end up contributing to a lack of direction and belonging many sales professionals experience, and ultimately may negatively impact performance. What matters is the potential mentor’s approach to sales and prospecting.

Hiring 62

Hiring Sales Talent Compensation Lead Rank 62

Zoominfo

OCTOBER 20, 2019

How a prospect answers this question can tell you a lot about how they read emotions and navigate tense situations. Quick To succeed in B2B sales, a rep needs to be a quick thinker. After analyzing a prospect, a rep must think on their feet and quickly offer up a solution that will appease a prospect’s concerns.

Hiring 130

Hiring Sales Cycle B2B Call-back 130

LeadFuze

DECEMBER 31, 2021

The Complete Guide to Prospecting for Sales Using Proven Outreach Techniques. Need Help Automating Your Sales Prospecting Process? What is Sales Prospecting? What are the best ways to prospect in sales? What does Sales Prospecting means? What is prospect in sales?

Prospecting 52

Prospecting Hiring Social Media Ideal Customer Profile 52

The ROI Guy

APRIL 12, 2013

You’ve worked hard to produce new value-focused tools, empowering your sales team to meet the growing challenges of today’s more empowered, skeptical and frugal buyer. And you are not alone, as SiriusDecisions reports that the average company now spends a whopping $43K on marketing content and sales tools per salesperson per year.

Sales Tools 68

Sales Tools Tools Incentives Incentive 68

PandaDoc

APRIL 20, 2022

But just because the days of cold calling and big email blasts are mostly gone doesn’t mean that the outbound sales process is dead. Here are four great methods to boost your ROI when using outbound sales techniques. Methods to boost your outbound sales strategies. So, why does all of this matter for outbound sales?

Outbound 98

Outbound Top of Funnel Strategy Ideal Customer Profile 98

Janek Performance Group

AUGUST 23, 2023

Prospect Theory A theory of behavioral economics and finance, this idea was developed by Daniel Kahneman and Amos Tversky in 1979. Simply put, prospect theory deals with the psychology of decision making. But prospect theory states people are more motivated by what they stand to lose than what they might gain.

B2B 62

B2B Case Study Collateral ACT 62

Sales Evangelist

MARCH 21, 2022

Creating a valuable and accurate sales forecast is dependent on your ability to anticipate the success of sales. Through sales incentives! Using sales incentives and data-driven forecasting, Nabeil encourages his salespeople to reach specific and measurable objectives. Incentives drive behavior.

Forecasting 40

Forecasting Sales Forecasts Incentives Incentive 40

Sales Evangelist

MARCH 21, 2022

Creating a valuable and accurate sales forecast is dependent on your ability to anticipate the success of sales. Through sales incentives! Using sales incentives and data-driven forecasting, Nabeil encourages his salespeople to reach specific and measurable objectives. Incentives drive behavior.

Forecasting 40

Forecasting Sales Forecasts Incentives Incentive 40

Zoominfo

APRIL 11, 2018

How a prospect answers this question can tell you a lot about how they read emotions and navigate tense situations. To succeed in B2B sales, a rep needs to be a quick thinker. After analyzing a prospect, a rep must think on their feet and quickly offer up a solution that will appease a prospect’s concerns. Persistent.

Hiring 138

Hiring Sales Cycle B2B Call-back 138

Women Sales Pros

JULY 27, 2018

Transparency: Details of the process, benefits to the client and expectations are communicated consistently, and often, along the referral lifecycle timeline. Incentives: Non-monetary incentives are the better choice here, tied directly to your product or service (ex: priority support, added features, etc.).

Sales Qualified Lead 93

Sales Qualified Lead Lead Rank Lead Scoring Referrals 93

Zoominfo

MARCH 10, 2021

. ‘While most SaaS startups gravitate toward transactional sales or customer self-service, some SaaS startups have products that provide so much value per customer and are so complex to buy that their natural starting point is traditional enterprise sales,’ writes York. ’ Avoiding Common Pitfalls. Don’t do this.

Company 162

Company Hiring Enterprise Enterprise 162

Gong.io

JULY 11, 2022

But aside from the obvious environmental difference, there’s a lot more that separates inside from outside sales teams, and that’s what we’re going to explore here. In this article, you’ll learn everything you need to know about inside sales, from team structures and salaries right through to inside sales processes and models.

Inside Sales 62

Inside Sales Outsourcing Services Hiring Sales Qualified Lead 62

Zoominfo

MAY 13, 2018

Managers, take a look at your sales metrics and conduct one-on-one meetings with your team to set realistic goals and offer rewards that will truly motivate. Start small, and expand your incentive program as you learn and grow. Look into prospecting tools. Do yourself a favor and build up your pipeline as you go.

Hiring 258

Hiring Sales Qualified Lead Lead Rank Lead Scoring 258

Pipeliner

MARCH 2, 2020

It is very tempting to outsource our communications to automated tools, bots and now even AI assistants! So get out and network face-to-face, you might be surprised how much prospects and customers will appreciate getting to know you in person. Take A Cold Hard Look At Your Sales Process. Be good to know don’t you think?

Face-to-face 95

Face-to-face Guarantee Incentives Incentive 95