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Doing The Whole Job

Partners in Excellence

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.

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How to Optimize Sale Territories for a Strategic Advantage

Xactly

Effective territory design is the basis of strategic sales planning. Balanced territories allow you to set fair quotas, which have a huge impact on your incentive compensation and success of your salesforce. Ultimately, if your sales territories aren’t optimized, you hinder sales reps’ motivation and performance.

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11 Sales Compensation Complaints to Address Before Next Year

SBI Growth

Surely something is wrong besides the new incentive compensation. Then, take a survey or do some interviews of this group to see what kinds of complaints or concerns they may have. Incentive targets are linked in a competitive fashion, not on my own improvement. Territory design and account assignments could also be a cause.

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10 Sales Statistics You Should Know in 2019

Xactly

Industry and planning-specific statistics also help guide sales planning and incentive compensation. Companies that set cookie-cutter quotas across similar roles see 14% lower quota attainment than those that assign quotas based on territory-specific opportunities ( Complete Sales Planning Handbook. ).

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[Webinar Recap] Enhance Your Workforce Culture and Sales Performance through Incentive Compensation

Xactly

In the recent 2018 mid-market sales incentive study, CFO Alliance reviewed the relationship between Sales and Finance departments—and how this partnership can positively impact a company’s revenue potential. Incentive Compensation. Companies may need to begin to innovate when it comes to traditional sales incentives.

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Creating the Ideal Performance Culture

SBI Growth

Those reps were covering an extensive territory and large customer base. A survey showed between 10%-20% of their time was spent driving. The customer base was surveyed and asked what they required from their rep. Incentive Programs. Does your comp plan incent behaviors that will get you to your number?

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Sales Compensation Planning: Everything to Consider in 2019

Xactly

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. How to Develop a Sales Incentive Compensation Plan (with Templates). Enter sales compensation planning.