article thumbnail

The power of incentive programs lies in their structure

Sales and Marketing Management

Here are a few incentive structures to consider for open budgets : Do This Get That – Rewarding reps on every increment of units, sales dollars or gross margin dollars they write up during the incentive period is a great way to increase sales. For an outside route-sales-driver, that might be three to six weeks.

article thumbnail

Should Sales People Be On Quota?

Partners in Excellence

Pat went on to describe that many sales managers he talks to have other goals/metrics they use–certain numbers of activities, other measures. I’m hard over on sales people having a goal or quota tied to Revenue/Orders/Margin. What we do as sales people has to be directly connected to the goals of the company.

Quota 48
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Components of Effective Sales Strategy

Pipeliner

These are the groups that predictably buy more and at better prices (higher margins). A strategy that identifies these individuals allows you to cover your bases by interacting with these four buying influencers to increase the probability of not only making a sale and making the sale at higher margins.

article thumbnail

The Ultimate Guide to Channel Sales

Hubspot Sales

Plus, recruiting, hiring, and employing salespeople is expensive and cuts away at your margins. Another potentially game-changing strategy: Using a channel sales model. The Definition of Channel Sales. With channel sales, you rely on third parties to sell your product or service. Channel Sales Manager Job Description.

article thumbnail

The July Edition of Top Sales Magazine is Published

Jonathan Farrington

Our regular feature writers, Barb Giamanco, Nancy Nardin, Babette Ten Haken and Tamara Schenk are joined by sales management guru Keith Rosen. As usual we also announce this month’s Top Sales Article and Top Sales Blog Post, and you will find all the details on nominating your favorites for the 2013 Top Sales & Marketing Awards .

Margin 41
article thumbnail

Jonathan Farrington's Blog ? In Sales? Best Get Inside Before it.

Jonathan Farrington

Why do we need an expensive outside sales force, with all of the huge financial investment that is required, when the task can be handled far more efficiently – and more profitably? Jonathan, you’re right about outside sales moving in. ” # Dave Stein on 18 Jan 2012 at 4:27 pm. They make sense.

article thumbnail

The Ultimate Guide to Sales Metrics: What to Track, How to Track It, & Why

Hubspot Sales

Activity Sales Metrics. These sales metrics show what salespeople are doing on a daily basis. Activity metrics are “manageable,” meaning sales managers can directly influence them. Channel Sales Metrics. These metrics will help you optimize your channel sales strategy. Margin by partner.