Remove Incentives Remove ROI Remove Territories Remove Up-Sell
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3 Reasons to Drop Manual Sales Territory Planning for Good

Xactly

Sure, you know you need ICM to handle accurate and timely payments, but do you really need automated sales territory planning as well? Although automating technology for territory design can increase your sales up to 20 percent, territory planning is often categorized as a luxury in SPM—instead of as the necessity it is.

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The 12 Step Compensation Plan Design Process

Xactly

When you wait until the end, you end up just running last year’s plan without any insights. You need to start pulling together internal data from your incentive compensation management system, data from your CRM, and finally, information from financial teams on profitability and product revenues. maybe margin will be a new measure).

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3 Ways Sales Automation Can Help Your Reps Sell More

Apptivo

3 Ways sales automation can help your reps sell more! However, at times no matter how long one stretches, sales tasks eat up a lot of productive hours. 3 Ways sales automation can help your reps sell more! For example, if they download a whitepaper, follow up with success stories to showcase a product or service.

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The Criticality of SPM Technology

OpenSymmetry

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. Steps to Success.

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Where Will Sales Investments Pay off in 2022?

Sales Hacker

Where to ramp up. With mundane tasks off their plates, representatives can focus on the more important task at hand: selling. With revenue intelligence technology working for them, companies have a much more complete picture of their customers, which always boosts ROI on any sales initiatives. Conversational intelligence.

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Sales Performance Management: What It Is, And Why You Need It

The Brooks Group

Sales PerformanceManagement is the practice of overseeing and guiding employees to improve their ability to sell products or services. SPM is Not Just About Incentives and Compensation Management. Sales Performance Management is often confused with the practice of lining up incentives and compensation plans with organizational goals.

Hiring 40
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The Ins & Outs of Variable Pay Compensation Structure for Sales Teams

Sales Hacker

I wish I could say it’s all about incentives, but the truth is a bit more nuanced than that. The challenge is setting something up that incentivizes the right thing and is also defensible. Determine Additional Incentives (With Caution). Profit – harder to calculate but maximizes ROI. are usually not.