The Spiff Blog

MAY 26, 2022

So, you’ve realized commission spreadsheets are actually evil, and that sales incentive software will vastly improve transparency, efficiency, and your personal sanity. There’s no shortage of sales commission software on the market, and when you factor in the massive operational differences, it’s a recipe for information overload.

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Incentive Incentives Software Software 77

No More Cold Calling

JULY 4, 2013

For example, if your company provides data-storage-management systems for large enterprises, you want to develop cooperative relationships with salespeople at computer hardware companies and software businesses that develop storage tools, database software, or systems integrators.

Referrals 244

Referrals Networking Enterprise Enterprise 244

Salesmate

JUNE 4, 2021

For example, the way salespeople used to interact with customers has changed drastically over the past decade, thanks to the introduction of new calling methods and emails. One such practice is that of providing sales incentives to the salespeople. What are sales incentives? What are sales incentives?

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Incentive Incentives Compensation Motivation 105

Hubspot Sales

SEPTEMBER 8, 2020

You’ve decided you need customer relationship management (CRM) software. These are just some of the reasons CRMs have become such an integral part of business success today and why so many companies have invested in finding the right software for their team. Many CRM software providers operate under a freemium model — like HubSpot.

Software 136

Software Software CRM Hiring 136

Sales and Marketing Management

MARCH 27, 2019

Instead of spending weeks attempting to understand how many more sales an associate needs to meet his or her quota, advanced technology can deconstruct the process to deliver clear goals and real-time updates, as well as implement incentive programs. Mike has 20 years of experience managing enterprise cloud software and service businesses.

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Strategy Compensation Commission Incentive 223

Hubspot Sales

MARCH 21, 2019

And sales leaders use these metrics to track progress toward goals, make decisions and plans, adjust compensation, award bonuses and incentives, and identify issues before they become large problems. Sales Dashboard Software Providers. Sales Dashboard Examples. How to Create a Sales Dashboard. Pull data into the dashboard.

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Examples Hiring Report Hubspot 138

Sales and Marketing Management

MAY 31, 2020

Sales teams must be agile during these challenging times, for example, by changing quotas on the fly. For example, incentives may shift to include focus on existing customers instead of net new sales and also could move towards a discretionary model with subjective KPIS rather than a formulaic commission driven plan.

Motivation 194

Motivation Compensation Commission Incentive 194

Sales Hacker Training

JANUARY 7, 2025

And I still think that it is a sort of a loosely defined role in software, at least at like kind of earlier stage companies. They need to be able to, I would say, build services on top of the software. Or if you look at, for example, some of the CRM, they started and they say, okay, my solution is a bit complex.

Ideal Customer Profile 124

Ideal Customer Profile Outsourcing Services Customer Lead Rank 124

MTD Sales Training

DECEMBER 15, 2011

Here’s an example: In your one to one meeting with Steve, you noted that at least twice, he lost sales you think he should have closed. You ask some questions of Steve and find that he is not correctly demonstrating how to run the Profit & Loss Reports of the accounting software. Simply use that issue as a training topic.

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Sales Meeting Meeting Education Motivation 263

The Spiff Blog

AUGUST 19, 2022

The only remedy is a formal incentive communication strategy. This post will show you how to deconstruct your current sales compensation process to ultimately build a more effective incentive communication strategy. Map out an incentive communication step to align with each step of your sales comp process. Let’s dive in!

Incentive 81

Incentive Incentives Compensation Commission 81

Sales Hacker Training

SEPTEMBER 10, 2018

Still, they don’t always nail down the details when it comes to the things that might entice a prospective salesperson — like a well-rounded sales compensation plan , for example. Creating a strong sales incentives program will help you attract and retain A-list sales talent, so it is worth putting in the legwork to create a strong plan. .

Incentive 106

Incentive Incentives Compensation Salary 106

Xactly

NOVEMBER 15, 2018

In fact, the best way to ensure sales managers do their job well is by creating an incentive plan that drives the right behaviors. Download our "Ultimate Guide to Sales Compensation Planning" for incentive best practices and everything you need for a sales comp plan design project. Annual Target Incentive. On-Target Earnings.

Compensation 87

Compensation Examples Sales Management Incentives 87

Xactly

OCTOBER 18, 2018

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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Incentive Incentives Compensation Webinar Metrics 78

Sales Hacker

MARCH 30, 2025

Cultivate a cold calling culture and lead by example. Lead by example – when leaders actively engage in cold calling, it reinforces its importance to the team. For example, consolidating standalone tools into one platformand parallel dialers. Motivate with gamification and incentives. Perfect your opener.

Cold Calling 71

Cold Calling Scale Microsoft Ideal Customer Profile 71

Hubspot Sales

JULY 30, 2024

Limit the timeframe within which your customer must act on your offer or use scarcity as an incentive for the prospect to act. If you’re looking for broader sales software, HubSpot Sales Hub is a great option. You can leverage the first offer acceptance into more yeses down the road. Create a sense of urgency.

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Closing Quota How To Webinar Metrics 122

DiscoverOrg Sales

NOVEMBER 27, 2017

For those prospects who do show interest – for example, open an email or read a blog post – offer low-commitment CTAs. 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

The Spiff Blog

NOVEMBER 17, 2023

As an incentive compensation manager, you hold a critical role that keeps your organization running. What does an incentive compensation manager do? First, let’s cover the primary responsibilities of an incentive compensation manager. Recommended reading: A Foolproof Framework for Better Incentive Communication 2.

Incentive 81

Incentive Incentives Compensation Commission 81

Zoominfo

JUNE 10, 2018

In fact, best-in-class software companies report a 60% conversion rate following a free trial ( source ). Customers have little incentive to speak highly about a product they don’t truly like. Testimonials and case studies are a great way to provide examples of your product being used in real life scenarios.

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Objections Case Study Face-to-face Study 239

Smooth Sale

MARCH 24, 2025

Sales trends, new tools, and new prioritiesfor example, a greater emphasis on soft skillsemerge constantly. For example, every sales employee complains of having to sit through too many meetings. In-depth training is to occur when the employee first joins the team, but it shouldn’t end there.

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Hiring Incentive Incentives Lead Rank 78

Hubspot Sales

JULY 22, 2024

Here, we’ll cover what business emails are, the various types of business emails you should be sending, how to write business emails, and some examples and templates you can leverage as reference points. Here's an example of what that might look like: 3. For example: “I see you host several campus events per year. Sounds good?”

Ideal Customer Profile 111

Ideal Customer Profile Proposal Lead Rank Referrals 111

Hubspot Sales

OCTOBER 2, 2019

For example, if a sales rep earns a 15% commission for each deal they close, and are projected to close $100,000 in sales for the quarter, then your finance team will anticipate an allocation of $15,000 in commission payroll for that rep. Having clear, visible goals and incentives builds well-rounded sales professionals.

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SAP Oracle Compensation Territories 142

Hubspot Sales

JUNE 16, 2022

Examples of sales goals include increasing customer retention (the number of first-time customers that turn into repeat buyers) or decreasing customer churn (the percentage of customers that stopped using your company’s product or service during a specific time frame). In this example, the goal happens during a semester. Time-Bound.

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Sales Goal Examples Sales Management Hiring 98

Allego

JUNE 26, 2024

Have you ever rolled out new sales enablement software to your team only to have them not use it? To ensure your sellers use the software—and to its fullest potential, you need a comprehensive plan. By following these 11 best practices, you will ensure your sales enablement software implementation is a success.

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Software Software Sales Enablement Scale 62

Zoominfo

MARCH 10, 2021

As a result, the development of traditional “on-premises” enterprise software is expected to decline. ‘Two good example categories are cutting-edge Internet marketing tools employed by big-brand consumer marketers… and feature-rich suites that automate strategic, core business processes for mid-to-large enterprises.’

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Hiring Company Enterprise Enterprise 162

The Spiff Blog

JULY 21, 2022

If you’re reading this, it’s likely because you’ve made a regrettable software purchase or gone through a nightmarish buying process at some point in your career. And, unfortunately, your software buying woes may only get worse in the near future. Take commission software , for example. We’ve all been there.

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Software Software B2B Vendor 76

Bigtincan

OCTOBER 11, 2021

The solution, in our experience, is modern training software that allows sales reps to find and review product information exactly when it’s needed by using techniques like just-in-time learning (reps can look up answers as needed) and microlearning (short lessons for improved knowledge retention). Incentivize Training On Your Existing LMS.

Fashion 105

Fashion Training Software Software 105

Nutshell

MARCH 17, 2023

The right software tools can help you automate the process and make it easy to include your customers’ names in your emails. Sign off] Brand promise welcome emails When considering different welcome email examples, don’t overlook the power of an emotional brand promise message. It can effectively catch their attention.

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Customer Discount Incentive Incentives 154

Hubspot Sales

JANUARY 9, 2018

For example, HubSpot salespeople might primarily sell marketing software to CMOs and sales software to sales directors. For example, you might set a total target of $10 million in annual recurring revenue (ARR). Here are a few examples: Objective: Increase referral rates by 30% this quarter. Exceed a certain size?

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Buyer Persona Referrals How To Commission 145

Sales Hacker

MARCH 29, 2021

If you look at the 10 largest SaaS companies and the five leading cloud providers , for example, 14 out of the 15 have hundreds or thousands of technology and channel partners. Like with other revenue driving tech stacks, a partner tech stack has keystone software as well as best-in-breed solutions that integrate with the main software.

Revenue 112

Revenue How To Ideal Customer Profile Software 112

Hubspot Sales

SEPTEMBER 29, 2020

We'll discuss the evolution of the sales letter, the format of a video sales letter, and then finish by looking at software and examples to help you get started. You should encourage your viewers through incentives like discounts or limited time offers. Below, let's review software you can use to build a video sales letter.

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Video Hubspot Hiring Direct Mail 133

eGrabber

FEBRUARY 26, 2025

For example, a playbook that stresses personalized outreach and careful follow-up can improve your sales effort. This includes sales content, automated lead generation software , and strong CRM systems. When incentives align with your business goals, they encourage the right sales behaviors and boost overall sales success.

Closing 52

Closing Top of Funnel Ideal Customer Profile Incentive 52

Hubspot Sales

SEPTEMBER 20, 2019

Examples of Sales Coaching. To get a better sense of what sales coaching looks like, here are a few examples: Reviewing a call with a sales rep and discussing what went well and where they could improve. For example, let’s suppose your rep’s average deal size is $500. Giving the same advice to every single person. Showpad Coach.

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Sales Coaching Coaching Top of Funnel Lead Rank 145

PandaDoc

OCTOBER 15, 2020

If you look at nature, you can see remarkable examples of collaboration. Ants are an amazing example of a well-built team. The ant’s incentive to collaborate was to survive. Reward these incentives after hitting shared goals. The more the team’s goals and incentives are aligned, the easier it will be to collaborate.

Cost per Acquisition 98

Cost per Acquisition Incentive Incentives Sales Outsourcing 98

Hubspot Sales

FEBRUARY 9, 2022

This is an everyday example of price tiering that gives the seller more opportunities to convert leads and the buyer more options to fit the experience and price they desire. These tiers allow customers to choose the option that best accommodates their needs and often incentives them to move up in tiers over time.

Lead Rank 122

Lead Rank Incentives Incentive Hubspot 122

Hubspot Sales

APRIL 24, 2019

Will additional bonuses or incentives be a part of the compensation plan? For example, a salesperson might be paid $1,000 for each new customer. For example, if they reach 90% of their quota, they receive 90% of their commission. For example, this would include CRM databases , software, forms, etc. Documentation.

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Commission Salary Compensation Territories 145

Sales Hacker

AUGUST 26, 2021

You’re usually given guaranteed draws so that you get paid the incentive. Draws: Some companies offer straight up 100% incentive payout during the first three months while others do a staggered payout like 80% on the first month, 60% on the second and 40% on the third. Ramp policy. There are different criteria to be curious about.

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Commission Compensation Incentive Incentives 121

DiscoverOrg Sales

NOVEMBER 27, 2017

For those prospects who do show interest – for example, open an email or read a blog post – offer low-commitment CTAs. 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 133

Lead Rank Marketing Qualified Lead Sales Qualified Lead Top of Funnel 133