SBI Growth

SEPTEMBER 30, 2012

When sales reps think about their compensation, the first thing they ask is “How can I make more?” Great companies attract and retain "A" level sales performers. The best sales comp plans effectively motivate and retain "A" player reps, push "B" reps toward better results and weed out the "C" players.

Compensation 288

Compensation Incentives Incentive Retention 288

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. Of course, a good part of that stems from the up-in-the-air status of Brexit itself. Lidia Sakarapani, head of sales and marketing at Principal. Sustainability.

Travel 120

Travel Incentive Incentives Trends 120

The Pipeline

NOVEMBER 23, 2012

Of course, the big box stores keep lowering their prices in order to draw in huge crowns on the epic Black Friday. There is no denying that the use of Internet sales has changed what we know as the traditional Black Friday for good. This allows shoppers to plot their course weeks ahead of time. Black Friday.

Small Business 263

Small Business Small Business Fashion Incentive 263

Salesmate

JUNE 4, 2021

Sales isn’t the same as it used to be. And with this change in technology, advancements in sales methodologies have also taken place. Similarly, many other practices in sales have changed with the changing world around. One such practice is that of providing sales incentives to the salespeople.

Incentive 105

Incentive Incentives Compensation Motivation 105

SBI Growth

NOVEMBER 17, 2013

Listen up Chief Sales Officer. It’s time that Sales Operations gets your undivided attention. Download the Leaders Guide to Sales Ops Enablement by clicking here. There are multiple reasons why Sales Ops needs your attention now. Sales, marketing, IT, strategy, operations and customer service. Opportunity is ripe.

Company 296

Company Hiring Buyer Persona Maximizer 296

Sales and Marketing Management

FEBRUARY 9, 2020

Author: TIM HOULIHAN Sales reps and rewards go hand in hand. When sales managers use rewards, they send signals to their teams and organizations. Among the various messages they can send, rewards can signal the sales manager’s current priorities, or they can help build their team’s culture. What rewards can signal.

Sales Management 259

Sales Management Compensation Loyalty Social Media 259

Understanding the Sales Force

AUGUST 20, 2014

Understanding the Sales Force by Dave Kurlan One of the most frequent questions we get from clients has to do with the second most important finding on Objective Management Group''s (OMG) sales and sales management evaluations. This is one of my top salespeople - how can she possibly lack Desire for sales success?".

Hiring 252

Hiring Groups Incentive Incentives 252

Sales and Marketing Management

SEPTEMBER 12, 2017

Author: Paul Gordon, Senior Vice President Sales, Rymax Marketing Services, Inc. Recently I was asked to attend a manufacturer’s sales meeting. The time and money that was spent on the meeting was being wasted as the meeting followed a predictable course. Sales meetings are meant to ignite excitement and gusto.

Lead Rank 262

Lead Rank Loyalty Incentive Incentives 262

The Pipeline

MARCH 12, 2021

Sales like most tribes being a bit more civil than antelopes, prefers the 80/20 rule, over herd mentality. I have always been fascinated by how willing sales types are to accept the 80/20. As has been the case through the ages (I’m old enough), sales leaders look for “solutions” to fix their problems. A Herd By Any Other Name.

Sales Leadership 386

Sales Leadership Quota Data Sports 386

Crunchbase

APRIL 6, 2023

During the past two years, sales professionals have faced budget and hiring freezes along with multiple bouts of layoffs across industries — especially in tech. It’s less than ideal that the average sales turnover rate is 35%, compared to a 13% average turnover rate for all other roles. Why the disparity?

Incentive 98

Incentive Incentives Hiring Top of Funnel 98

No More Cold Calling

MARCH 13, 2014

The best way to motivate your sales reps is to believe in them. Sales managers can wreck a sales career or launch it. They can motivate reps who seem hopeless or derail the efforts of rising sales stars. Rene Zamora, a sales management thought leader and this month’s guest blogger, has a unique perspective.

Small Business 240

Small Business Small Business Sales Outsourcing Face-to-face 240

Zoominfo

SEPTEMBER 4, 2019

Their sales reps get super hands-on with prospects during the buying journey — they provide demos, answer questions, ask for feedback, etc. Content that features real customers is a great way to humanize your brand, build trust with your audience, and of course, drive customer loyalty. Personalize your incentives.

Loyalty 206

Loyalty Customer Incentive Incentives 206

Sales and Marketing Management

NOVEMBER 22, 2017

Sales manager: I’d like to know what rewards the reps would like for our next incentive. Sales rep: Cash! Sales manager: Sounds good. You may be a seasoned sales manager, fatigued by trying to come up with innovative ways to motivate your reps. Are incentives obsolete? I’ve got bills to pay! Don’t do it.

Motivation 191

Motivation Incentive Incentives Lead Rank 191

The Pipeline

AUGUST 14, 2014

Nice and practical concept, good resume fodder, often misused or abused by many, especially from a sales point of view. As a concept, KPI’s are great, helping sales organizations in defining and measuring progress against stated objectives or goals. Examples in sales may be lead to opportunity conversions, or proposals to close.

Workbooks 288

Workbooks Distribution Incentive Incentives 288

Sales and Marketing Management

JULY 21, 2019

Author: Lauren Boutwell As the field of sales enablement has evolved and matured, so, too, have its supporting technologies. Accordingly, video coaching has become a popular tool for driving readiness in sales organizations of all sizes and across industries. Sales reps are often most receptive to learning from each other.

Coaching 241

Coaching Video Hiring Trade Show 241

Hubspot Sales

JUNE 9, 2020

While that’s a positive thing for the industry and course creators, it will inevitably make the space more competitive. If you’re a course creator already established in your space, that means the coming years will bring more competition. Either way you’ll want to focus on improving your conversion rate to maximize sales.

Webinar Metrics 112

Webinar Metrics Course Top of Funnel Funnel 112

Selling Energy

SEPTEMBER 27, 2022

Utilizing rebates and incentives can be key in getting your efficiency projects approved. Over the course of the next three days, we’ll cover some tips and tricks of rebates and incentives.

Incentive 77

Incentive Incentives Course Marketing 77

Understanding the Sales Force

FEBRUARY 5, 2014

Understanding the Sales Force by Dave Kurlan This article was orginally going to be just a single paragraph, but it took on a life of its own as I wrote it. With selling being such an individual sport, can any of this character and culture stuff be applied to a sales force? Of course, that is much easier said than done.

Sports 227

Sports Commission Incentives Incentive 227

Sales and Marketing Management

JULY 26, 2017

With those numbers in mind, if you are a sales manager, HR director, marketing manager or other executive charged with increasing employee engagement or driving customer loyalty, what tools do you think make sense to use as your starting point? Not your father’s incentive program. “We (Source: National Retail Federation).

Incentive 209

Incentive Incentives Retail Loyalty 209

Sales and Marketing Management

DECEMBER 26, 2018

In my work with sales executives from corporations large and small, I repeatedly see that team rewards are easily overlooked in favor of individual incentives. And while individual incentives are critical to the success of any sales organization, most companies are not fully invested in supporting the team environment.

Incentive 191

Incentive Incentives Google Account 191

Sales and Marketing Management

MAY 14, 2020

Author: Liz Pulice In recent years, many companies have implemented remote work arrangements, driven by financial incentives, recruitment/retention initiatives and other factors. These conditions can present challenges for sales organizations, where in-person meetings and events are typically part of “business as usual.”

Sales Enablement 227

Sales Enablement Scale Policies Distribution 227

Sales and Marketing Management

JANUARY 23, 2019

Helping others as a team is invigorating and bonding, which is why corporate social responsibility (CSR) continues to be a popular component of offsite meetings and incentive travel programs. Comparing the results from 2015/2016 with 2017/2018, CSR is actually up two points across all regions.

Incentives 159

Incentives Incentive Travel Nonprofit 159

The Pipeline

FEBRUARY 6, 2018

A common question I am often asked about sales is what are the characteristics or attributes of successful salespeople. In sales, your mindset is highly correlated to an individual’s willingness (at times ability) to be accountable for their actions and results. There is no getting one for the Gipper in sales.

Coaching 247

Coaching Lead Rank Incentive Incentives 247

Sales and Marketing Management

DECEMBER 14, 2020

Training is essential to having success with channel partners, and just as in-person sales calls shifted to virtual due to the global pandemic, so too has channel partner training. Georgia-based Incentive Team works primarily with home goods manufacturers who sell through channel partners.

Channels 136

Channels Incentives Incentive Travel 136

The Spiff Blog

NOVEMBER 17, 2023

As an incentive compensation manager, you hold a critical role that keeps your organization running. In this day and age, no one doubts the importance of sales compensation when it comes to driving growth for a business. What does an incentive compensation manager do? The same goes for your relationships with sales leadership.

Incentive 81

Incentive Incentives Compensation Commission 81

Hubspot Sales

NOVEMBER 10, 2020

In your sales organization, this starts with your sales environment. A sales environment is a vague, intangible concept. Think of it this way: How do you want your sales reps to feel when they step on your sales floor (or log into work from their home office)? Types of Sales Environments. I sure did.

B2C 136

B2C Incentive Incentives How To 136

Steven Rosen

APRIL 22, 2024

For sales leaders, building a robust sales culture is the bridge between mediocrity and excellence. The journey to a winning sales culture is a nuanced strategy that unfolds over time and demands patience, careful planning, and decisive leadership. This promotes innovative problem-solving for complex sales challenges.

Strategy 156

Strategy Construction Motivation Incentive 156

Hubspot Sales

OCTOBER 20, 2020

It's powerful, chilling, motivational, and applicable in every field or facet of life, and sales is no exception. How can you tell if a rep is truly achieving sales excellence? Here, we'll go over the traits that define sales excellence and determine the best ways to incentivize and reward the reps who exhibit them. Motivation.

Commission 135

Commission Incentive Incentives How To 135

Zoominfo

JULY 1, 2018

But—as B2B marketers and sales professionals—we have a lot to learn about social selling. Case in point: 72% of sales professionals feel that they are not proficient with social selling ( source ). 69% of sales professionals are self-taught and have no active social selling training program in place ( source ).

Buyer 190

Buyer Social Media Social Selling Incentive 190

SBI Growth

FEBRUARY 19, 2014

The question was a result of declining sales, and the need to refocus selling efforts. Indirect sales and dealers is a bit of a different game. Too often there’s a tendency to view the partnerships in light of past sales. A little extra investment, or partner engagement, can go a long way to improving sales.

How To 219

How To Analysis Objections Incentives 219

No More Cold Calling

APRIL 20, 2017

Let’s set the record straight: Most everyone on your sales team has call reluctance—whether they’re cold calling or asking for referrals. One of my first corporate sales jobs was with a global consulting and training firm. One of my first corporate sales jobs was with a global consulting and training firm. Surprised?

Cold Calling 249

Cold Calling Referrals Sales Qualified Lead Promotion 249

Zoominfo

OCTOBER 6, 2020

Vice President of Sales at ZoomInfo, Steve Bryerton, shares his thoughts on how to implement a Team Lead within your organization. Picture this: You’re a sales leader, currently responsible for a team of nearly 10+ sales development reps. But we have to warn you, there are sales leaders who will advise otherwise.

Lead Rank 169

Lead Rank Lead Scoring Leads Marketing Qualified Lead 169

Zoominfo

JANUARY 27, 2019

Encourage your customers to create UGC by offering an incentive. Reward customers who give referrals: Provide an incentive to make it worthwhile for customers to refer you to their peers. Of course, there are many more ways to generate buzz on social media and across all marketing channels.

Social Media 210

Social Media Referrals Marketing Influencer 210

Sales and Marketing Management

DECEMBER 17, 2018

Well, it relies on digging deeper into the existing customer body and optimizing sales to your current customer body. Adding more incentives erases any second thoughts when contemplating defection. As any marketing expert might tell you, we are slaves to one-off sales. The solution to this marketing malady is continuous sales.

Retention 238

Retention B2B Penetration Strategy 238

Janek Performance Group

OCTOBER 18, 2021

Of course, the first three quarters count, but in many ways, they are setup for the final fifteen minutes. In sales, the fourth quarter is equally important. In the fourth quarter, both sellers and buyers have additional incentive to get deals done. For many sales organizations, time speeds up in the fourth quarter.

Lead Rank 118

Lead Rank Lead Scoring How To Incentive 118

Sales Hacker

AUGUST 20, 2020

Sales contests are a great way to get your reps hustling and keep their heads in the game. But if you’re only leveraging them for short-term results, you’re majorly underestimating the heavy lifting they can do for your team, your sales org, and ultimately, your bottom line. Why Sales Contests? Get specific.

Incentive 114

Incentive Incentives Competition Distribution 114

DiscoverOrg Sales

NOVEMBER 27, 2017

But if the person doesn’t seem interested, many sales and marketers turn their attention toward existing customers. That’s a powerful way to add incentive to your remarketing campaigns. If someone keeps visiting your website without converting, add some of this additional incentive when you’re marketing to them.

Lead Rank 196

Lead Rank Marketing Qualified Lead Sales Qualified Lead Top of Funnel 196