The Spiff Blog

SEPTEMBER 1, 2022

Only 37% of sales reps’ time is being spent on revenue-generating activities ( source ). 51% of sales organizations are using data to analyze and improve performance ( source ). 51% of sales professionals state that their companies use data to assess their sales performance ( source ). Only 24.3% Only 17.6%

Compensation 81

Compensation Salary Incentives Incentive 81

Sales and Marketing Management

MAY 7, 2018

For example, a supporting framework is required where executives drive sales enablement efforts top-down and sellers receive consistent, proactive coaching from sales managers. Further, in my view the definition should precisely reflect the alignment required between the buyers’ journey, sales process, and content.

Sales Enablement 192

Sales Enablement Hiring Compensation Buyer 192

Xactly

MAY 7, 2018

Sales compensation is one of the most important components of sales planning. Sales operations and compensation professionals must compile a team to piecing together metrics and goals, which carries an incredible amount of responsibility. At Xactly, we want to provide an integrated sales planning process.

Compensation 49

Compensation Incentives Incentive Networking 49

Sales Hacker

SEPTEMBER 27, 2022

In this episode of the Sales Hacker Podcast, we have Scott Barton , VP of Industry Solutions at Varicent. He’s an expert in the sales world, particularly in revenue operations and incentive compensation. Join us for a great conversation about driving the right behaviors within your sales team. powered by Sounder.

Compensation 81

Compensation Incentives Incentive Quota 81

Sales Hacker

OCTOBER 7, 2022

WorldatWork’s sales comp conference is the premier event for sales compensation professionals. The conference provides education and certification, networking, and in-depth sessions focused on sales compensation, sales operations effectiveness, and sales analytics.

Compensation 77

Compensation Conference Trends Incentives 77

SBI

JULY 24, 2018

In fact, who doesn’t love a good forecast session with their sales manager? Not only that, sales reps see tremendous value in the information reported back to them from the CRM. Sales reps do not love their CRM and see little value in it. Sales Managers: Remember, your sales reps are people too.

CRM 95

CRM SAP Forecasting Incentives 95

SBI Growth

SEPTEMBER 20, 2012

As the leader of sales operations, I am sure you are working on: Updating CRM systems with new product information. Revising or building a new sales process to enable sales reps. Modifying sales reports and dashboards to enable sales managers to track new product sales. Average Sales Cycle.

Compensation 244

Compensation Incentives Incentive Penetration 244

Xactly

OCTOBER 10, 2018

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. Are you an Xactly Insights customer using empirical data to benchmark your incentive compensation?

Compensation 79

Compensation Incentives Incentive Webinar Metrics 79

The Spiff Blog

NOVEMBER 10, 2022

Sales managers can also motivate their teams based on metrics like quota attainment , commission earned, and more! With sales commission software, finance and RevOps teams can also spend less time manually compiling and distributing end of month commission statements since the data is available in real-time. See Spiff in action!

Commission 75

Commission Scale Compensation Software 75

Janek Performance Group

JANUARY 3, 2023

In actual practice, however, sales managers and coaches may or may not be the same person. This can help organizations get the most from their sales managers, sales coaches, and, ultimately, their sales teams. What Is Sales Management? Developing sales plans. Forecasting. Adaptability.

Coaching 62

Coaching Hiring Sales Coaching Lead Rank 62

Steven Rosen

SEPTEMBER 21, 2015

Challenges: Needs Alignment – Customer relations and maintaining client satisfaction lies at the heart of nearly every facet of sales. Customer buying behaviours are constantly changing and the only way to stay successful is to adapt your sales operations to match them.

Sales Leadership 120

Sales Leadership Face-to-face Coaching Incentives 120

The Spiff Blog

JANUARY 9, 2024

No matter how confident you are in your sales strategies, it’s crucial to develop contingency plans for if and when something goes wrong. Consider each scenario that might affect your sales team’s ability to hit its targets. What if you experience a period of high sales turnover? What if a valuable sales manager leaves?

Banking 84

Banking Hiring Churn Scale 84

Hubspot Sales

FEBRUARY 28, 2019

While you might get more search results for " sales manager ", you'll find jobs that are a better fit for you if you clarify by searching for " senior sales manager - medical devices. ". Create an incentive for those that close the most Enterprise deals in the month. Attend career fairs at 15 local universities.

Hiring 119

Hiring Enterprise Enterprise Objections 119

OpenSymmetry

MARCH 16, 2016

The Territory & Quota Management Revolution – New Incentive Compensation Platforms Blazing the Trails to Greater Efficiencies. Gone are the simplistic days of sales reps simply “having a patch” to cover for selling their goods and services. The importance of crediting transactions in the Incentive Compensation process.

Territories 40

Territories Quota Incentives Incentive 40

Crunchbase

JULY 27, 2022

If you own a business, lead a sales team, or are otherwise interested in how best to create a solid sales ecosystem within your organization that is conducive to growth, this article on sales operations (sales ops) is for you. Team management made easy. What is sales operations?

Sales Operations 52

Sales Operations Company Territories Sales Qualified Lead 52

Miller Heiman Group

JULY 18, 2018

When we ask sales leaders this question, answers often range from “not very” to “not at all.” In our 2018 Sales Operations Optimization Study conducted by CSO Insights, only 47 percent of respondents reported adoption rates of greater than 90 percent. 1: A formal sales process drives CRM adoption.

CRM 81

CRM Forecasting Study Top of Funnel 81

A Sales Guy

JUNE 21, 2012

hire a two new sales reps. redo the sales process. change the sales strategy. promote a new sales manager. create a sales operations function. establish and inside sales team. build an outside sales team. You can’t just. create a new comp plan and commission structure. do anything.

Hiring 118

Hiring Commission Inside Sales Incentives 118

Sales and Marketing Management

MARCH 8, 2020

What are the incentives for B2B companies to invest in AI (other than their competitors may be doing so)? ConversationAI monitors reps’ sales calls and scores them based on best practices, such as listening more than talking and asking open-ended questions. It frees up sales managers, who otherwise would listen in on the same calls. “AI

Top of Funnel 218

Top of Funnel Marketing Scale Lead Rank 218

Emissary

SEPTEMBER 30, 2022

One of the major themes was the expansion of sales enablement. Common expansion points include: involvement in talent and culture (traditionally owned by HR), data stewardship (the land of sales operations), field coaching (sales leadership domain) and content (once a Marketing only responsibility).

Sales Enablement 52

Sales Enablement Scale Hiring Buyer 52

Mindtickle

DECEMBER 28, 2023

Sales operations teams were once the unsung heroes of the sales organization. A recent Salesforce report found that 82% of sales professionals feel “sales ops plays a critical role in growing the business.” Furthermore, 82% feel sales ops is becoming more strategic. What is sales operations (Sales Ops)?

Sales Operations 52

Sales Operations Top of Funnel Sales Enablement Forecasting 52

Partners in Excellence

JULY 20, 2017

Do we have the right incentives/compensation? How do we get sales people to perform better? Sales enablement professionals, sales operations, and top executives seem singularly focused on the question, “How do we raise the level of performance–the effectiveness and efficiency of each sales person on our team?

Maximizer 62

Maximizer Coaching Sales Enablement Face-to-face 62

Xactly

DECEMBER 12, 2018

Accurate quota allocation impacts your team’s ability to achieve their anticipated incentive compensation. Download our executive guide "Optimizing Sales Territory Design: Sales Management Association 2018 Research Update" to discover the benefits of using data and automation to optimize your sales territory planning.

Territories 67

Territories Quota Guidelines Software 67

Miller Heiman Group

JULY 18, 2018

When we ask sales leaders this question, answers often range from “not very” to “not at all.” In our 2018 Sales Operations Optimization Study conducted by CSO Insights, only 47 percent of respondents reported adoption rates of greater than 90 percent. 1: A formal sales process drives CRM adoption.

CRM 51

CRM Forecasting Study Top of Funnel 51

Apptivo

OCTOBER 7, 2022

It has to clearly chart out the roles and responsibilities of every member of the sales team. It sets the direction for how a business should pursue sales. Sales managers can build on various dimensions of the sales strategy canvas based on the laid-out path & direction. Monitor the progress of the sales team.

Top of Funnel 19

Top of Funnel Incentives Incentive Objections 19

Xactly

JUNE 20, 2018

For example, enterprises are using Xactly Insights, an advanced analytics offering based on 13 years of empirical incentive compensation data. This need for data places some important demands on any company: End the Need for Manual Processes: The need for AI should spell the end of any manually executed sales management activities.

Data 61

Data Webinar Metrics Compensation Enterprise 61

The Spiff Blog

JULY 28, 2022

Taylor Montero, Sales Operations Analyst. Billy has been in sales/sales management his entire career and previously spent five years at Capshare. He has spent the last 15 years in sales and sales management mostly in the K-12 Ed Tech space (multiple years in a start-up environment).

Meeting 84

Meeting Sports Travel Engineering 84

Miller Heiman Group

FEBRUARY 26, 2019

Engage Sales Reps and Sales Managers in Quota-Setting Discussions. When it comes to setting quotas, half the battle is overcoming skepticism from the sales team. Regardless of how attainable a quota a company sets, expect pushback from sales reps. Integrate Quota Setting with Other Planning Processes.

Strategy 71

Strategy Territories Quota Proposal 71

Partners in Excellence

OCTOBER 5, 2017

The action plans are all over the place: Fire the low performers, invest in training, invest in tools, invest in new programs to help the sales people, develop new incentives, focus on activity levels. All the actions focus on sales people as individuals. The execs put in action plans to improve performance.

Hiring 49

Hiring Maximizer Incentives Incentive 49

Gong.io

OCTOBER 27, 2021

Let’s take a page from the book of sales operations (sales ops) and give you an answer as efficiently as possible. Here’s the answer to “ What is sales ops ,” in a nutshell: You have a sales strategy and you have people on the ground to execute it. Got reams of sales data? Perfection.

Forecasting 62

Forecasting Hiring Quota Pipeline 62

SBI

MARCH 18, 2015

It currently takes legions of spreadsheets and armies of analysts in sales operations to roll up a sales forecast which ends up being immediately out of date. These static sales forecasts are unable to provide true insights into the business. It has been gratifying to see how delighted our customers are with our product.

Up-Sell 50

Up-Sell Revenue Sales Forecasts Forecasting 50

Sales Hacker

OCTOBER 30, 2018

Brooke Bachesta is a SaaS sales professional with experience as an individual contributor, people manager and process builder. Before joining Outreach, she worked as a sales operations consultant at a woman-owned voluntary benefits firm. Hilary Headlee – Head of Sales Operations at Zoom Video Communications.

Top of Funnel 111

Top of Funnel Hiring Scale Lead Rank 111

The Spiff Blog

JANUARY 12, 2023

But here are some resources we recommend checking out to improve performance and rep experience by retooling your comp plans: 6 Signs Your Commission Management Solution is Working Against You. How to Motivate Sales Managers with Compensation Strategy. Creating Compensation Plans for Sales Engineers.

Compensation 67

Compensation Hiring Commission Face-to-face 67

The Spiff Blog

MARCH 16, 2023

.” “The best combination in sales resulting in success is to work with a great team however you personally define that, a product you relate to and believe in, and an entrepreneurial mindset.” The post The Advice These Women in Sales Wish They Had Been Given Sooner appeared first on Spiff.

Negotiation 69

Negotiation Face-to-face Hiring Lead Rank 69

The Spiff Blog

FEBRUARY 9, 2023

And, the second is using industry level sales benchmarks to validate the work your reps and sales managers do as part of this process. Choosing the best sales quota setting framework for your organization We’d love to tell you there’s a right and wrong approach to quota setting.

Quota 70

Quota Revenue Lead Rank Territories 70

PandaDoc

AUGUST 21, 2019

After you’ve brushed up on monthly sales report criteria, you can take your reporting software a step further. Sales performance data from any time period can be an extremely powerful reporting tool. We will dive into how sales managers can leverage performance reports that help them analyze and improve their sales team’s performance.

Report 45

Report Top of Funnel How To Social Media 45

Close.io

AUGUST 11, 2019

A sales operations team can change that. If you want to make sure your sales team is firing on all cylinders and making as much money for your company as possible, you need sales ops. Don't fall into the trap of thinking that sales operations is a new field; it's not. 5 best software and tools for sales ops.

Sales Operations 91

Sales Operations Hiring Top of Funnel Lead Rank 91

SBI

APRIL 24, 2012

I soaked in the information presented at the breakout sessions that covered relevant topics such as, how to lead a Gen Y team and drive results, effective on-boarding, compensation and incentive strateiges, account planning; and the art and science of online sales calls.

Inside Sales 122

Inside Sales Cold Calling Webinar Metrics Sales Qualified Lead 122