by Patrick McCarthy | Aug 24, 2019 | Sales Commission Management, sales commissions, Sales Management, sales motivation, sales team compensation, Sales team motivation
Working together, or against? Many sales directors will focus on the success of each individual. They award commission based on who followed the sales process from start to finish, and who closed the deal at the end. Each member of staff will work against their...
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 | Aug 24, 2019 | CUSTOMER SERVICE, Sales Management, Sales Pipeline, Sales targets, Sales team motivation
…is the next one! Sounds obvious, but this flies in the face of an old sales adage: you’re only as good as your last call. Not so! While that previous call might have established or continued a positive customer relationship, this really offers no more...
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...