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Employee Engagement: A Key Factor in Driving Success
What is Employee Engagement? What comes to your mind when you think of the term Employee Engagement? Engagement is, at best, a symptom of success. Employee engagement refers to how employees channel their cognitive, emotional, and behavioral energies towards...
Sales Hiring Mistakes to Avoid When Building a Sales Team
In the previous article, we talked about how to hire a phenomenal sales team. However, hiring sales representatives is no piece of cake and mistakes are bound to happen. As a sales honcho, you need to be extremely cautious and prudent while onboarding new sales...
How To Hire a Phenomenal Sales Team
In any industry and every business, salespeople are a vital asset. There are certain times in your business when you may need to add more reps to your sales team. But hiring is an important decision and there are trends and factors to consider while bringing in new...
Sales Motivation: 6 Tips to Keep Your Sales Reps Motivated
It is the dream of every sales manager to have a sales team that is 100% motivated. However, for this dream to become reality sales leaders need to work for it. They need to find ways to ignite their team members’ inner desires to win, to do better, and to be praised....
9 Strategies for the Sales Team You Dream to Lead
The art of meeting sales targets effectively and efficiently through scrupulous planning refers to sales management. Improving your sales management process is the most crucial step for any organization. Sales management strategies increase rep satisfaction, reduce...
5 Common Mistakes Every Sales Managers Should Avoid
Are your sales managers leading their sales team competently? Do they know how to train and motivate your sales reps the right way? Your sales reps are performing poorly and you don’t know why. Several factors result in an underperforming sales team. However, to deal...
Top 8 Reasons Why Sales Incentives are Important
Sales representatives are the heartbeats of a business. They bring in the cash that keeps everything running. If your company deals in sales, then you know having a highly motivated sales team is the want of every company. Hence, it is significant that they are taken...
What is a Sales Quota?
A goal without a deadline is just a dream. Whether you are an individual or an organization, setting goals is the first step in making progress. After all, goal setting and benchmark are what helps us recognize when we’re improving and evolving. Similarly, for the...
5 Reasons to Try Incentivate instead of Outdated Spreadsheets
For many years, spreadsheets have been the powerhouse to manage data in sales organizations. In fact, data suggests about 70% of companies still rely on spreadsheets for their sales compensation management. However, the question is, can traditional spreadsheets keep...
7 Benefits of Effective Communication with Sales Reps
Communication is the key to any relationship, be it personal or professional. Lack of communication can strain relationships in many ways especially if you are working in a sales organization. Nowadays, organizations pay a hefty amount of money to PRs and marketing...
How to analyze employee performance – Sales Analytics
We have heard a lot about Pareto’s 80/20 rule states that 80% of the outcome is attributed to 20% of a specific element in business. As an example, in sales, they say 80% of sales come from 20% of customers. Here is a different yet equally powerful rule that may...
A guide to design payout curve
How to pay sales incentives to the employees? We all know what the term incentive means in sales. One of the key aspects of a great sales incentive plan is to define threshold and excellence levels that motivate sales personnel during their on-field activities. Lack...
Key Signs Your Sales Commission Admin is Struggling
Sales commissions are an essential component of motivating and incentivizing sales teams. However, managing and administering commissions can be a complex task that requires scrutiny to detail and effective coordination. Let's explore the key signs that indicate your...
Sales Incentive Plan Design: Guiding Principles
Apart from all other benefits, an incentive improves your sales team's enthusiasm and energy more quickly and consistently than anything else. An effective Sales Incentive Structure helps firms to produce targeted results and enables you to pay people who are...
What is Incentive Compensation?
What is Incentive Compensation? In addition to their base salary, sales agents get incentives, which is a variable income dependent on their performance. To push sales through the pipeline and bring income in, your reps must be encouraged to act. Even the most driven...