The Spiff Blog

SEPTEMBER 1, 2022

Only 37% of sales reps’ time is being spent on revenue-generating activities ( source ). 51% of sales organizations are using data to analyze and improve performance ( source ). 51% of sales professionals state that their companies use data to assess their sales performance ( source ). Schedule your demo today.

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Compensation Salary Incentive Incentives 81

Sales Hacker

MARCH 6, 2018

Most sales managers don’t recognize this and assume that just because their reps have 30 opportunities in their pipeline they can work intently on these and forget about generating new business opportunities. Set up your sales pipeline widget—this way you can see: % of opportunities in negotiation. Demo turnup rate.

Pipeline 90

Pipeline Inside Sales Top of Funnel Sales Management 90

Hubspot Sales

NOVEMBER 28, 2023

Buying intent : Use of specific keywords in queries, visits to pricing pages, or requests for product demos hint at a lead’s readiness to purchase. A management–frontline sales team or a senior leadership–middle management relationship are great examples of sales collaborations. Get on sales calls.

Lead Rank 109

Lead Rank Top of Funnel Marketing Qualified Lead Ideal Customer Profile 109

Nutshell

MARCH 19, 2024

7 strategies to increase sales team productivity Best tools for boosting sales productivity Need a reliable CRM to take your sales productivity to new heights? Register for a live Nutshell demo to see what a world-class CRM can do for your sales team. What is sales productivity?

How To 71

How To Sales Qualified Lead CRM Face-to-face 71

Sales Hacker

AUGUST 20, 2020

If you’re managing a remote team, now is not the time to sell your sales contests short. Why Sales Contests? Sales contests are a tried-and-true tool in most sales managers’ arsenals and for good reason. Nail Down Incentives. If your incentive funds got slashed, you’ve still got options.

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Incentive Incentives Competition Distribution 103

Xactly

MAY 7, 2018

Sales operations and compensation professionals must compile a team to piecing together metrics and goals, which carries an incredible amount of responsibility. The resulting incentive plan must develop a compensation process that will motivates the right sales behaviors to achieve goals, all while driving growth.

Compensation 49

Compensation Incentives Incentive Networking 49

Highspot

JANUARY 4, 2024

Encourage sales reps to participate in live sales calls or meetings with their sales managers, followed by a debriefing session to discuss what worked and what could be improved. Feedback Mechanism: Establish a feedback mechanism for sales representatives to share insights, challenges, and success stories.

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Webinar Metrics Training Strategy Ideal Customer Profile 52

PandaDoc

JANUARY 29, 2024

Now, let’s talk incentives. Incentives, or spiffs, can really boost motivation. They can give your team that extra motivation they need to work towards and make achieving those sales targets even more rewarding. But here’s the key – structure your incentives to make your goals more realistic and achievable.

Closing 52

Closing Proposal Incentive Incentives 52

Gong.io

JULY 11, 2022

Inside sales (sometimes called remote sales or remote selling) is often the primary sales model for B2B, SaaS, tech, and certain high-ticket B2C sales teams. When you book a demo with one of the team, you’re speaking with an insides sales representative. The ins and outs of inside sales .

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Inside Sales Outsourcing Services Hiring Sales Qualified Lead 62

SBI Growth

JUNE 29, 2013

The 4 primary characteristics that make it an accelerant to onboarding include: Competitive Environment: Top sales people are highly competitive. Incentive Compensation: Sales people are “coin-operated.” Remoteness: Field sales people are spread across wide geographies. Badgeville: Supercharge Your Sales Team case study.

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Hiring Case Study Lead Rank Lead Scoring 326

Hubspot Sales

JULY 30, 2020

These 10 motivational techniques will engage both junior reps and their senior counterparts, ensuring they continue to work to meet their sales goals throughout the summer: Tips to Raise Sales Motivation at the End of Summer. Invest in sales management coaching. Plan a sales contest. Implement a SPIFF.

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Motivation Commission Webinar Metrics Decision Maker 125

Sales Hacker

JULY 17, 2019

Now, look at his advice: To become a sales manager, you essentially need to become an extension of your HR team — something every employee can do to make a positive impact on the organization. Of course, I also wanted feedback from industry veterans — the folks who are training & coaching sales management teams around the globe.

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Promotion Sales Management Hiring Lead Rank 79

Janek Performance Group

JULY 12, 2022

This lead gen form can be used to give your followers the option to either Contact Sales, Request a Free Demo, Start Free Trial, or Get Started. Align Incentive With Revenue Goal. Charles Munger, Vice Chairman of Warren Buffett’s Berkshire Hathaway, said, “Show me the incentive and I will show you the outcome.”

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LinkedIn Lead Gen Ideal Customer Profile Company 62

Highspot

FEBRUARY 25, 2024

Practical Tips to Improve Sales Operations Dealing with the complexities of change management and overcoming resistance requires simple, practical solutions. We’ll talk about how good leadership, special sales incentives, and clear jobs can help make sales ops better. Request a demo today.

Sales Operations 52

Sales Operations Forecasting Incentive Incentives 52

Cincom Smart Selling

FEBRUARY 9, 2016

New product rollouts and availability should be preceded by training, collateral distribution and sales support materials. Sales/Marketing Programs – Compensation plans, incentive plans, territory plans, market segmentation and special campaigns should be well understood and in place prior to starting any sales activity with a partner.

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Channels Sales Management Sales Qualified Lead Collateral 83

Anthony Cole Training

FEBRUARY 7, 2013

These are all activities that sales people perform or should be performing. These are all activites that should be used as metrics for success because they can give you, the sales manager, a leading indicator as to what will show up in pipeline and what will potentially be sold. Inform them that you will inspect what you expect.

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Hiring Lead Rank Lead Scoring Incentive 181

PandaDoc

OCTOBER 30, 2023

Key takeaways Sales gamification can improve performance by drawing attention to specific metrics, sales targets, and KPIs. Employee engagement increases when the incentives are worth the effort required to do well. Manage your sales activities twice as fast Increase your close rate by 36% wuth PandaDoc.

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Sales Process Incentive Incentives Hiring 52

Igniting Sales Transformation

DECEMBER 1, 2019

Though the “goal” is to set the stage for sales success, SKO agendas are dominated with things that do not help salespeople be better at the craft of selling. With that in mind, how is your SKO agenda training your salespeople to: Engage rather than repel buyer interest with sales messaging and approach? Then go deeper.

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Meeting Decision Maker Revelation ACT 130

Showpad

MARCH 3, 2020

Sales reps need support to drive growth and increase likelihood of success, whether they’re going through initial onboarding, working through the buyer’s journey or collaborating with marketing. While these two functions handle different aspects of the sales process, there is some cross-functional collaboration.

Sales Operations 100

Sales Operations Sales Enablement Hiring Compensation 100

Anthony Cole Training

FEBRUARY 7, 2013

These are all activities that sales people perform or should be performing. These are all activities that should be used as metrics for success because they can give you, the sales manager, a leading indicator as to what will show up in the pipeline and what will potentially be sold.

Lead Scoring 120

Lead Scoring Lead Rank Hiring Leads 120

Salesmate

JUNE 4, 2021

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. What are sales incentives? Call it what you will, incentives are what get people to work harder.” – Nikita Khrushchev . Split incentives .

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Incentives Incentive Compensation Motivation 105

Bigtincan

OCTOBER 11, 2021

How Bigtincan Learning uses the latest in scientific understanding and software to improve knowledge retention and make sales reps less dependent on their memory. The best and easiest way to get those questions answered is to book a Bigtincan demo today. . Role playing has its place in sales training. It’s wildly inefficient.

Fashion 105

Fashion Training Software Software 105

Hubspot Sales

FEBRUARY 28, 2019

While you might get more search results for " sales manager ", you'll find jobs that are a better fit for you if you clarify by searching for " senior sales manager - medical devices. ". Set a goal for each rep to schedule at least three demos with enterprise-level prospects this quarter.

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Hiring Enterprise Enterprise Objections 131

Mindtickle

JANUARY 19, 2023

In this blog post, we’ve rounded up sales productivity stats from the leading research firms and vendors in the sales enablement space to put together stats bucked into a few different categories: customer experience; rep time management; sales managers; sales enablement; and technology usage.

Strategy 52

Strategy Cold Calling Lead Rank Lead Scoring 52

Chorus.ai

MARCH 5, 2021

To do this, buff up your data bank by taking note of the search, content, sales, and behavioral data of your customers. How many customers are requesting demos but not purchasing? S t ep 2: Pool your sales team’s experience. Sales strategies can often involve battles between what works theoretically and what works practically.

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Top of Funnel Webinar Metrics Buyer Persona Strategy 113

CommercialTribe

JULY 6, 2020

If your organization is formulating an improved response strategy, read our recent blog post on building a COVID-19 Management Plan , where we outline our main areas of focus: Who, Where, and How. In this post, we’ll dive into the first principle — the importance of WHO sales managers focus sales coaching effort on.

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Sales Coaching Hiring Coaching Face-to-face 52

Sales and Marketing Management

MAY 6, 2019

Simply sending an email announcement of your next incentive to make the reps aware of the program will not maximize results. Effective incentives are more than awareness. Sales managers are wise to use incentives to improve their results. Sales managers are wise to use incentives to improve their results.

Incentives 120

Incentives Incentive Maximizer ACT 120

Janek Performance Group

MARCH 12, 2024

This may end up contributing to a lack of direction and belonging many sales professionals experience, and ultimately may negatively impact performance. Simulations help fill in the knowledge gap for the hiring manager. You can make the process even more granular by setting up a practice sales call.

Hiring 62

Hiring Sales Talent Compensation Lead Rank 62

Hubspot Sales

JULY 25, 2023

By flagging leaky funnel points and identifying patterns that lead to higher or lower performance, AI tools can find best practices or gaps where a sales manager can step in to coach. Data Analysis/Reporting Using machine learning, AI tools excel at analyzing or manipulating large data sets (like a sales pipeline!).

Top of Funnel 90

Top of Funnel Forecasting Sales Qualified Lead Lead Rank 90

Hubspot Sales

JULY 22, 2020

This tool allows sales managers to analyze the email productivity of their reps. Pricing: Contact for Demo and Quote. Anaplan provides several cloud-based planning tools for sales: territory and quota planning, incentive compensation planning, sales forecasting, configure price quote optimization, and trade promotion planning.

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Tools Closing Territories Hubspot 121

InsightSquared

JULY 14, 2020

Accuracy is the Real Incentive. One could argue that forecast accuracy diminishes the incentive to continue selling. If you are rewarded for accuracy, why not push a sale to next quarter to retain your bonus? Forecasting has been managed in spreadsheets for far too long. Do you see the problem this poses?

Forecasting 62

Forecasting Sales Forecasts Incentive Incentives 62

PandaDoc

NOVEMBER 15, 2021

Take advantage of a number of sales competitions and incentives. However, make sure you don’t repeat the same sales contests — not only will the same people keep winning (causing everyone else to give up ultimately), but you’ll also turn the winners into natural targets. A competent manager strives to achieve this.

Hiring 52

Hiring Scale How To Incentive 52

Hubspot Sales

JULY 30, 2018

According to Katharine Derum, senior sales manager at HubSpot, her team sees a 33% response rate to their breakup emails. Prospects have no incentive to speak with a sales rep who’s only interested in the deal for quota’s sake. (Probably not.). Enter the breakup email. Continue to emphasize that you're here to help.

Hubspot 109

Hubspot Call-back Follow-up Resources 109

ExecVision

MAY 29, 2018

Almost everyone on my sales team has a best friend at work. ? SPIFFs are loosely defined as Short Term Performance Incentives For Fun. ? We have an annual or semi-annual incentive trip to a place like Playa del Carmen or the Dominican Republic. At least half the team makes the trip. ?

Inside Sales 40

Inside Sales Incentive Incentives Energy 40

Sales Hacker

FEBRUARY 15, 2018

While The Revenue Summit is a phenomenal destination for c-level enterprise leaders, we’ve got something for everyone, so don’t count yourself out if you’re in junior sales, sales management, or if you’re a demand generation marketer. Cold Calling – Everything You Need to Know in 2018.

Top of Funnel 66

Top of Funnel Revenue Marketo Marketing 66

Hubspot Sales

MARCH 21, 2019

The results of the sales velocity equation reflect the health of the business, overall effectiveness of the sales team , and where the team can increase sales productivity to positively impact revenue goals. HubSpot Director of Sales Dan Tyre says, "Every sales manager lives in fear their sales pipeline is a bunch of fluff.

How To 113

How To Sales Cycle Discount Lead Rank 113

Hubspot Sales

MAY 19, 2018

If you’re selling to a large company with many sections, directors, and managers, look for the sections related to your product. For example, if you’re selling a sales-related product -- like a sales management platform -- you should contact a sales manager or director. Warm Regards, [Your name].

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Prospecting Decision Maker Sales Qualified Lead Social Media 111