Sales and Marketing Management

JANUARY 1, 2018

Author: SMM Research from the Incentive Gift Card Council (IGCC) and the Incentive Research Foundation (IRF) shows the majority of U.S. are increasingly using gift cards as a reward tool for multiple groups (channel, sales, employee and customer), and that investment in gift card rewards is both significant and growing.

Incentives 196

Incentives Incentive Apparel Automotive 196

Nutshell

DECEMBER 22, 2023

Surveys are a fantastic way to gather unique data from your customers. If you’ve come to this page, it’s probably because you want to conduct an online survey, but you haven’t found the right survey tool yet. That’s why we’ve done the heavy lifting for you and gathered 11 of the best survey apps for businesses.

Survey 62

Survey Channels Google CRM 62

Sales and Marketing Management

OCTOBER 15, 2020

Author: Paul Nolan Is your sales team disengaged? While not all sales teams may be struggling with demand (in fact some technology companies are experiencing record years), disen­gage­ment seems to be prevalent across all organizations and industries regardless of financial success. In late 2019, we surveyed more than 3,000 U.S.

Incentives 340

Incentives Incentive Survey Sales Qualified Lead 340

Sales and Marketing Management

MAY 6, 2019

Author: Paul Nolan Meetings and incentive travel professionals agree that Brexit will impact their industry, but they differ on what sort of impact it will have. The British-based C&IT Magazine recently summarized five incentive travel trends that will impact programs in 2019. We are moving from incentive travel to ‘Instatravel.’

Travel 120

Travel Incentives Incentive Trends 120

SBI Growth

NOVEMBER 24, 2012

The purpose of every incentive compensation plan is to influence the actions of sales reps. Sales incentives can be like square pegs. Incentive compensation is intended to reward specific behaviors of the sales force. Here are some real-life examples of poorly designed incentives. This destroys trust.

Incentives 267

Incentives Incentive Customer Compensation 267

The Spiff Blog

AUGUST 19, 2022

Developing an effective sales compensation plan requires a lot of brain power. It makes sense to focus on behaviors you’d like to incentivize, or pulling certain levers to impact other components of your sales engine. The only remedy is a formal incentive communication strategy. Let’s dive in!

Incentives 81

Incentives Incentive Compensation Commission 81

Sales and Marketing Management

MARCH 23, 2023

More than 85 companies reported revenue performance, turnover rates and change in compensation costs, including incentive and total compensation increases, for Alexander Group's 2023 Sales Compensation Trends Survey. Here's what we learned.

Compensation 156

Compensation Incentives Incentive Survey 156

Sales and Marketing Management

SEPTEMBER 16, 2022

Just as gift cards surged in popularity when the pandemic sent a majority of workers to home offices, incentive points programs also found new audiences. The ease of administration, touchless reward delivery and flexibility of reward choices helped incentive and engagement solution providers (IESP) increase business in the past two years.

Meeting 156

Meeting Incentives Incentive Survey 156

Sales and Marketing Management

AUGUST 31, 2014

Teaser: When Sales & Marketing Management magazine and the SITE Foundation initiated a comprehensive survey on the use of incentive travel, they knew that some of the most illuminating information would come from non-users of this motivational tool. Issue Date: 2014-09-01. Author: Paul Nolan. read more'

Travel 159

Travel Incentives Incentive Survey 159

OpenSymmetry

OCTOBER 11, 2017

At this year’s C3 Conference , hosted by CallidusCloud, we conducted a quick survey among some of the attendees. As it relates to operational challenges pertaining to period-to-period incentive compensation processing, the following three challenges emerged from the survey results: Limited reporting. Lack of workflow automation.

Incentives 40

Incentives Incentive Survey Compensation 40

Sales Hacker

JUNE 17, 2019

How do you ensure you’re maximizing your sales team’s potential? According to the first-ever State of Sales Performance Survey , in partnership with Sales Hacker, Ambition, Gong, AA-ISP, Vidyard, and Factor 8, the key is modern sales performance management. First, A Deeper Look at Sales Performance.

Survey 101

Survey Motivation How To Incentives 101

Sales and Marketing Management

JUNE 29, 2020

Author: Paul Nolan According to an April survey by the Incentive Research Foundation, the top concern about participating in work or reward-related travel was the threat of an epidemic/pandemic at 33%, followed closely by severe weather at 29%. Incentives interrupted. Inventive alternatives.

Travel 218

Travel Groups Incentives Incentive 218

Xactly

OCTOBER 18, 2018

Compensation and incentive pay plays a big role in the success of a sales organization. Incentives drive sales behaviors, but when reps get paid incorrectly, it can lead to some big problems, specifically rep turnover. And many continue to use spreadsheets to manage their compensation, 80 percent of which have errors.

Incentives 58

Incentives Incentive Study Compensation 58

Hubspot Sales

NOVEMBER 28, 2023

Marketing and sales teams rely heavily on one another to drive business. After all, it’s the marketing department that generates leads, and the sales team that converts those leads to paying customers. Sales collaboration dramatically improves results, but bringing it to fruition can be more complex than it sounds.

Lead Rank 102

Lead Rank Top of Funnel Marketing Qualified Lead Ideal Customer Profile 102

Sales and Marketing Management

OCTOBER 15, 2020

Taking a closer look at recognition programs, the Incentive Research Foundation (IRF) reports that 26% of program owners say they’re communicating more frequently. 42% of IRF survey respondents who postponed their incentive trips are now using alternative means to recognize or celebrate award winners.

Incentives 317

Incentives Incentive Travel Cancellation 317

Sales and Marketing Management

OCTOBER 9, 2019

Incentives and bonuses are just the starting point. The current model is fraught with competing priorities -- increase revenue and optimize costs, while at the same time hiring, engaging, measuring and retaining a sales force that is motivated by a diverse set of goals. One way to support them is through AI-powered sales tools.

Lead Rank 254

Lead Rank Incentives Incentive Nonprofit 254

Sales and Marketing Management

OCTOBER 3, 2018

Author: SMM Staff Suppliers of incentive gift cards tout their flexibility, the ease with which gift card programs can be administered, and their versatility in terms of use. That’s the takeaway from a new survey of incentive gift card users by Sales & Marketing Management magazine. About the Survey.

Incentives 159

Incentives Incentive Survey B2B 159

Sales and Marketing Management

SEPTEMBER 27, 2014

A survey of sales and marketing executives co-sponsored by Sales & Marketing Management and the Society for Incentive Travel Excellence (SITE) Foundation discovered that those who use incentive travel report that it's a strong driver of performance, while many of those who don't use it fail to understand its self-sustaining features.

Quota 243

Quota Incentives Incentive Travel 243

Sales and Marketing Management

JUNE 29, 2020

Being well-prepared and truly understanding how to get your people, your operations and your sales back and running at full bore will be essential for survival. As organizations emerge from the pandemic crisis and fire up their sales engines, it’s clear that the channel must adapt?— Leverage the right engagement tools to drive sales.

Engineering 156

Engineering Revenue Incentives Incentive 156

Hubspot Sales

APRIL 11, 2023

Your sales team plays an essential role in driving revenue and reaching goals that stretch across the organization. So should you be worried about churn in your sales department? Sales teams have higher-than-average turnover rates than other business units. Why do sales teams experience high turnover? In short, yes.

Churn 117

Churn Hiring Survey Hubspot 117

Xactly

AUGUST 8, 2018

Successfully motivating and optimizing sales performance can be a challenging task for any business. Sales and Finance leaders typically deal with limited insights, convoluted systems, and employee demands wherever compensation is concerned. Incentive Compensation. CFO Alliance CEO Nick Araco, Jr. Watch Webinar.

Incentives 55

Incentives Incentive Compensation Webinar Metrics 55

Sales and Marketing Management

JUNE 29, 2020

A survey of B2B sales operations by McKinsey & Company shows the pandemic has accelerated previous trends?—?omnichannel omnichannel selling, inside sales, tech-enabled selling and e-commerce. from all of your sales channels. Offer the human touch whenever customers need it with your sales team?–?whether

Face-to-face 156

Face-to-face Lead Rank Decision Maker Pivotal 156

The Spiff Blog

SEPTEMBER 1, 2022

If you’ve worked in sales, revenue operations, or finance for any amount of time, I don’t have to tell you how important sales compensation is. You already know the right sales compensation plan can motivate your team, improve their performance, and boost overall job satisfaction. Current Sales Compensation Benchmarks.

Compensation 81

Compensation Salary Incentives Incentive 81

Sales and Marketing Management

SEPTEMBER 24, 2014

Teaser: We are excited to report on the findings of a survey of Sales & Marketing Management readers that was sponsored by this publication and the SITE Foundation, an entity focused on raising awareness of the effectiveness of incentive travel. read more'

Incentives 149

Incentives Incentive Travel Survey 149

Sales and Marketing Management

OCTOBER 15, 2020

A global survey by Gartner found that 88% of organizations made it mandatory or encouraged their employees to work from home once COVID-19 was declared a pandemic. A survey of more than 3,900 U.S. Companies are also using Tango cards as incentives to complete training. The shift to WFH. Prior to the coronavirus outbreak, 3.4%

Incentives 227

Incentives Incentive Face-to-face Survey 227

Miller Heiman Group

MAY 12, 2020

Two out of three sales reps are more concerned about their paycheck than catching the coronavirus, according to a recent survey that we conducted. Survey the sales landscape in your organization. What’s happening with various accounts and in your sales funnel? Set Up an Incentive Compensation Relief Committee.

Compensation 75

Compensation Quota Incentives Incentive 75

Pipeliner

DECEMBER 23, 2021

Your hybrid sales team performs well, but there is always room for improvement. With the right approach, you can help your hybrid sales team reach its full potential. Now, let’s look at five tips to improve sales across your hybrid sales team. Give your hybrid sales team the support it needs to succeed.

Incentives 98

Incentives Incentive How To Competition 98

Xactly

JANUARY 3, 2019

Sales statistics are a variety of metrics that provide insight into your sales organization’s health. Industry and planning-specific statistics also help guide sales planning and incentive compensation. We did some research and compiled some valuable sales stats that are important for all salespeople to be aware of.

Handbook 99

Handbook Territories Compensation Incentives 99

SalesFuel

MARCH 4, 2024

And your client should utilize digital marketing content to help drive sales for their own brand. How Clients Can Use Digital Marketing Content to Drive Sales The Best Content for Driving Sales According to 5WPR, the top forms of digital marketing content for driving sales are word-of-mouth and customer reviews and testimonials.

Ideal Customer Profile 59

Ideal Customer Profile Marketing Hiring Consumer 59

Hubspot Sales

FEBRUARY 8, 2022

When this happens, it can feel disheartening as you’ve lost an opportunity to make a sale and generate revenue. Survey the leads you’ve lost. Surveying lost leads helps you strengthen the process of interacting with leads and lessen the likelihood of losing them or having them go dark for a while. Offer incentives.

Sales Qualified Lead 97

Sales Qualified Lead Leads Marketing Qualified Lead Incentives 97

Partners in Excellence

FEBRUARY 8, 2022

LinkedIn is filled with surveys about, “What is the highest priority focus for [Fill In Your Favorite Role]?” ” There are surveys asking for the one area sales managers should focus on. There are surveys for sellers covering things like prospecting, pipeline management, closing, sales process.

Survey 93

Survey Hiring Territories Incentives 93

Xactly

JANUARY 7, 2019

The start of a new year comes with a new sales plan—and that means you must reassess your sales capacity needs , align and balance sales territories , and create a sales incentive plan that drives sales performance. Enter sales compensation planning. The Importance of Sales Compensation Planning.

Compensation 90

Compensation Incentives Incentive Commission 90

Janek Performance Group

SEPTEMBER 13, 2023

For as long as there have been sales, there have been referrals. Let’s look at how sellers can leverage referrals to boost their networks and grow their business: Advantages In sales, proof is gauged by measured and documented success. What specific incentives do you offer, such as discounts or special offers?

Referrals 62

Referrals Networking Social Media Ideal Customer Profile 62

SBI Growth

OCTOBER 6, 2013

This post is for Sales and HR Leaders planning 2014 Sales Compensation. It provides a number of common Sales Compensation complaints. Something you’ll need to go with this post is the Sales Compensation Complaint Checker. Something you’ll need to go with this post is the Sales Compensation Complaint Checker.

Compensation 293

Compensation Territories Incentives Incentive 293

Your Sales Management Guru

DECEMBER 10, 2012

Guest Posts for Your Sales Management Guru. Ken: We have two posts today, first How to Manage Manipulative Sales Employees and a BONUS Sales Compensation Survey to help you plan. How to Manage Manipulative Sales Employees. There is rarely smooth sailing in sales. BONUS Sales Compensation Survey.

Compensation 80

Compensation Survey Policies Incentives 80

Sales and Marketing Management

MAY 20, 2019

The company, which has been named one of the best places to work in Georgia by Georgia Trend Magazine, incorporates education, contests and incentives into its benefits program, adopting a holistic approach to helping workers be happier and healthier. They also filled out surveys about habits such as exercise, smoking and diet.

ROI 257

ROI Incentives Incentive Study 257

Sales and Marketing Management

JUNE 14, 2020

A recent survey by the IBM Institute for Business Value found more than 75% of respondents would like to continue working remotely at least occasionally, while more than half want it to be their primary way of working after the coronavirus crisis ends. sales and marketing at Intel, told Bloomberg. Author: SMM Staff.

Face-to-face 218

Face-to-face Decision Maker Insurance Insurance 218