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5 Tips for Designing Successful Sales Incentive Compensation Plans

Xactly

Few leading indicators are more predictive of a company’s future sales performance than its incentive compensation plans. While multiple factors influence the effectiveness of your sales incentive compensation plans, 5 tips stand out: 1. Creating incentive programs that work require balancing multiple design choices.

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20 Sales Planning Tools to Boost Sales Productivity and Close More Deals

Hubspot Sales

In reality, sales professionals and managers need to have access to the best available sales planning tools to help them boost sales productivity and close more and bigger deals. Sales Productivity Tools. The HubSpot Sales Platform gives sales professionals the tools they need to sell more deals faster in one integrated suite.

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Old-School Territory Management is Dead: A Q&A with John Stewart, CEO of @MapAnything

SBI

Old-School Territory Management is Dead: A Q&A with John Stewart, CEO of MapAnything. Following the recent acquisition of TerrAlign by MapAnything, I asked MapAnything CEO John Stewart to explain the relationship between map-based geo-productivity and territory optimization. So, I asked John to tell me more.

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11 Sales Compensation Complaints to Address Before Next Year

SBI Growth

To get this tool, sign-up here. You will get access to more guides and tools to help sales compensation planning. Surely something is wrong besides the new incentive compensation. Reps give up and learn to live off of base salary. If it’s been the same year after year, it might be time to shake things up.

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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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How to Setup a Commission Plan in Six Steps

Xactly

Often, it includes a pay mix , made up of a base salary and variable commission pay. 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. This, in turn, informs how much each rep needs to sell (i.e.,

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Creating the Ideal Performance Culture

SBI Growth

Reps must have the tools and support to win the big deals. By signing up for the tour , you’ll receive the " Performance Culture Assessment " tool. Those reps were covering an extensive territory and large customer base. The tools and resources in your organization play a large part in future success.

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