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How to Build Sales Compensation Plans that Increase Retention and Productivity

Sales Hacker

Commission plans should be so simple that someone could explain it to you in about 15 seconds,” said Bruno. Measures include multi-year contracts, implementation fees, different products, demo appointments set, quarterly quotas, number of sales accepted opportunities, services, etc.). Compensation design principles. Simple is better.

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How to Avoid False Advertising and Misleading Claims with Legal Translation

Sales Pop!

False advertising refers to a misrepresentation of a product or service, often through misleading or unproven claims, as defined by the Federal Trade Commission. In the United States, the Federal Trade Commission (FTC) oversees advertising practices to prevent misleading claims.

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What is Inside Sales? Everything You Need to Know

Gong.io

An inside AE ( Account Executive ) takes meetings booked by BDRs or directly by the buyer, presents product demonstrations, and closes contracts. An outside sales rep at an insurance agency might travel to meet clients in their homes to discuss their needs, present insurance packages, and sign deals. Demo/presentation.

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The 6 Best Ways to Increase Your Closing Percentage Today

Spiro Technologies

Percentages are important in sales, not the least bit because commission checks tend to be calculated as a percentage of our monthly quotas. This is the proportion of leads that turn into closed deals — a figure salespeople should always be thinking about improving, especially if they want their commission checks to go up as well.

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7 Things Salespeople Do After They Lose a Deal

Spiro Technologies

There’s almost nothing worse than spending weeks (or months) working with a prospect, answering questions, creating presentations, and doing tons of legwork only to have them back out at the last minute with a short apology note (if you’re lucky). They recalculate their commission check . via GIPHY. ” via GIPHY.

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Building Resilience Through Efficient Scaling In 2023 with ICONIQ Growth General Partner, Doug Pepper, and General Partner and Head of Analytics, Christine Edmonds (Video)

SaaStr

Some other strategies for creating a more efficient go-to-market are: Adjusting pricing and contract terms with customers. Incentives for multi-year contracts are another tactic. Offering higher commissions for long-term contracts or generating pipeline in the highest quality vertical can drive GTM efficiency.

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These are the 5 best data-backed sales tips of 2021

Gong.io

They’re presentation-ready. Because slides denote a presentation , not a conversation , and the best discovery calls are a real back and forth in terms of information exchange. . Reps use those phrases all the time, but they’re a disaster for your booking rates (and win rates… and commission…). They’re shiny.

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