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How to Build Effective Sales Compensation Plans for Any Customer Facing Role

Sales Hacker

And of course, a strong sales comp plan needs to motivate reps to hit goals that grow the company while still maintaining a profit margin. Your financials, whether you receive recurring revenue, how you charge for services, etc – all these things should be taken into consideration. Step 5: Set Targets.

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Is Competition Based Pricing a Winning Strategy?

Salesforce

Here are a few to consider: Cuts into profit margins Competition based pricing doesn’t work for every business. Assess costs and margin Evaluate your cost structure to ensure pricing covers costs and maintains desired profit margins. Back to top ) Get the latest articles in your inbox.

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