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How to be Indispensable as an Incentive Compensation Manager

The Spiff Blog

As an incentive compensation manager, you hold a critical role that keeps your organization running. In this day and age, no one doubts the importance of sales compensation when it comes to driving growth for a business. What does an incentive compensation manager do? The same goes for your relationships with sales leadership.

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The Pros and Cons of Different Sales Compensation Plans

Janek Performance Group

One common perk of a career in sales is the ability to earn more based on your own hard work and selling success. With salary, commission, bonuses, and other incentives, sales professionals often have options and feel in control of the compensation they receive, which can be great for motivation and fulfillment.

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How to Setup a Commission Plan in Six Steps

Xactly

When it comes to designing sales compensation plans , there are many factors that can affect the success of your plan. To help ensure you set your sales team up for success, here are six steps to setup a commission plan. Data is the most important and useful tool for any part of a strategic sales plan. Optimize Your Sales Plan.

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The Value of Cross Referrals – Sales eXchange 158

The Pipeline

The specific comment was that the rep was reluctant to ask prospects/clients for referrals “because what if the person or company they refer are out of my territory?” There are number of answers or solutions to this common challenge, the fact that it still persists speaks more to attitude and quality of leadership.

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Building a Winning Sales Organization Following an Acquisition

Sales and Marketing Management

When it comes to sales organizations specifically, those goals should include supporting and growing your customer base to increase revenue. But here’s the rub: sales organizations are not all the same. Sales Takes the Lead. Most importantly, you have to have a sales process and methodology that you are operating against.

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What is a Strategic Sales Plan?

Xactly

Sales planning starts with executive and senior leadership working with sales to set goals and define where your organization wants to end up in the next year. With goals in hand, sales leadership must then assess and determine the needs and means to achieve those goals. Territory design. Coverage model.

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Presidents Club Winner…NOT

Steven Rosen

For this to work effectively, quotas need to be set fairly against both large and small territories. Management needs to be able to understand opportunities and challenges in each territory when quota setting. By using percentage to quota they give smaller less developed territories a distinct advantage in rising to the top.