by Patrick McCarthy | Aug 24, 2019 | Sales Commission Management, sales commissions, sales motivation, Sales targets, sales team compensation, Sales team motivation
No matter the industry, the sales team is one of the hardest working teams within any business. Ask any salesperson what motivates them, and the answer will typically be “money”. Nobody gets into a sales role to achieve a basic salary and commission plays...
by Patrick McCarthy | Aug 24, 2019 | sales commissions, Sales Management, sales motivation
In most cases, companies use sales commissions and quotas to motivate their sales reps. Essentially, you hit a particular target, and the company pays you an agreed sum of money. This type of motivator is extrinsic and it is a successful lever but intrinsic,...
by Patrick McCarthy | Aug 24, 2019 | Sales Commission Management, sales commissions, Sales Management, Sales Pipeline, Sales targets
Every single business wants to generate profits. The goal of business is to provide a service or product that solves a problem your audience is experiencing and to grow the business so that year on year it can accrue greater financial payback. 1. Research your target...
by Patrick McCarthy | Jun 12, 2019 | Sales Commission Management, sales commissions, Sales Force Automation, Sales Management, Sales Pipeline
Increasingly, smart businesses have started using sales compensation software to accurately analyze the current state of business and forecast future earnings. Sales compensation software is also a great tool to monitor the performance of each sales representative and...
by Patrick McCarthy | May 29, 2019 | sales commissions, Sales Management
Creating sales goals isn’t always an easy process, and anyone who thinks it is is probably doing something wrong. Although businesses do their best, sometimes their targets just don’t match up with reality. To avoid these common mistakes here are some tips...
by Patrick McCarthy | Apr 3, 2019 | sales commissions, Sales Management
Once you’ve captured a high-flying sales team, the next challenge is to hang on to them and keep them motivated to grow your business. One of the ways you can do that is by using a cloud-based sales commission software that is easily accessible and which encourages...