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How Much More Should Your Sales Team Do … Than Just Plain Selling?

SaaStr

It has some positives, the more you ask sales to do. Forcing a rep to own onboarding, or post-sales support, that resents or doesn’t want to do it is worse than any other alternative. Sales reps will focus on where they get the biggest commission checks. Just a few thoughts: #1. Or doing QBRs?

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Align Sales Compensation With Your Goals: ?A Compensation Plan That Works

A Sales Guy

Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. You can reduce selling costs and enhance profits by capping sales compensation, but in the long run you get what you pay for. That’s especially true for any company that is diverse.

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How to Set Quota

A Sales Guy

Quota MUST take into consideration, territory, product availability, sales cycle, sales support and market conditions. Far too often quota is seen as a commissions exercise. Quota triggers commission, however quota is actually a single representation of the companies overall revenue goals.

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Sales Incentives Shouldn’t Be Used as Motivation to Close More Deals

A Sales Guy

A solid, well crafted commission plan should be all the motivation the sales team needs to close deals. A few obvious things: A shitty sales team. The wrong sales people in the wrong roles. Poor sales leadership. Poor sales support. A bad commission plan. It could be a lot of things.

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3 Things Sales Leaders Must do to Stay in Sync with Their Sales Team

A Sales Guy

You’ve implemented Chatter, while your sales team has been using and continues to use Yammer. You’ve redesigned the territories that sales requested and sales are still down. You launched a new commission structure and sales isn’t happy, but you think they are.

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How to Build Sales Compensation Plans that Increase Retention and Productivity

Sales Hacker

If you can stick to this timeline and communicate the comp plans clearly to your teams , you should be in good shape to introduce a new plan at your annual sales kickoff. As far as design goes, every sales compensation plan should adhere to the four following design principles. Compensation design principles. Simple is better.

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How to Get Started With Channel Partnerships for SaaS Businesses

Sales Hacker

The distributor may also augment the vendor’s resources by providing training, technical assistance, marketing, and sales support to all of the channel partners. Their margins are high on your product and you’ll end up paying frequent recurring commissions to sell your product. Value-added resellers (VAR).