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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

But wait – this new incentive compensation plan could flop. So, he commissioned HR to design a new incentive compensation plan (IC Plan.) Will a focus on training and coaching be undermined? Suppose HR and Sales have built great training and coaching materials. HR even brought in an expert compensation firm.

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If Done Right, Your Referral System Won’t Actually Cost a Thing

No More Cold Calling

Salesforce research brief, Trends in Customer Trust, says fostering trust is the new business imperative. Put a referral system in place, with training, metrics, and accountability for results. I always advise clients against offering incentives for referral business. Forget about incentives. What’s the alternative?

Referrals 289
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Firing Up the Revenue Engine Post-Crisis

Sales and Marketing Management

Companies like Lenovo and Xerox recently made changes to their partner programs by offering revenue and rebate target flexibility, as well as increased training, marketing and engineering support – all in an effort to ensure greater partner viability and to strengthen partner loyalty.

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Sales Incentives Aren't the Only Motivator. How One Company Got Rid of Them

Hubspot Sales

If set correctly, incentives can have a positive effect on your team's behavior. The commission, bonuses, and sales performance incentive funds (SPIFs) you thought were inspiring your team can become more harmful than helpful if reps put their numbers ahead of their customers, who can feel pressured to buy. He let them go. Source: PFX.

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Sales Enablement Defined

Sales and Marketing Management

At the Sales Enablement Society conference in Dallas this past October, the Definition Working Group unveiled their definition: Sales Enablement ensures buyers are engaged at the right time and place, and with the right assets by well-trained, client-facing staff to provide a world-class experience along the customer’s journey.

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Top 20 Sales & Marketing Vendors to Follow on Twitter @Dreamforce ’14

SBI

Dreamforce is the world’s largest gathering of Salesforce users, practitioners, and evangelists. Sales reps can use DocuSign right from within Salesforce CRM. Discover the exact content for each prospects’ needs without leaving Salesforce or their mobile device. “Event” is perhaps not the right word to use.

Vendor 139
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How to Keep a Remote Sales Team Motivated & Engaged (Interview with Kyle MacKenzie Taylor of InVision)

Troops

Note: Troops is a Salesforce automation solution that works 100% within Slack. They’re really excited about the sales tools, product training, and learning how we do things at InVision.”. They also have tons of shared files in Google Sheets, Salesforce, and other products. Sign up for a free trial.

Hiring 103