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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. A recoverable draw makes more sense if your sales rep is taking over an established territory where brand name helps close 80% of the business. This fluctuates between markets, regions etc.

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Is Competition Based Pricing a Winning Strategy?

Salesforce

By strategically setting your prices in response to competitors, you can secure some of their customer base and stay ahead in the market. Here are a few to consider: Cuts into profit margins Competition based pricing doesn’t work for every business. Consider these steps: 1.

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