Sales Hacker

AUGUST 3, 2020

We’ll also assume you sell a mid-market $50K ACV SaaS product. Also, commission is only paid if they sell and cash comes in, so you only need to budget the base salary as sunk cost in case of failure. If you sell $0, $255K is your max loss. Any more than that, and get ready to grow your SDR function.

Pipeline 92

Pipeline X-functional Commission Clients 92

PandaDoc

FEBRUARY 27, 2023

Do you need this functionality or that? Discussing functionality is especially important if you’re a SaaS business or offer IT solutions. But even if you’re selling laptop bags, you can use features and capabilities as transition statements to help close the deal. For example, let’s say you sell desktop PCs and laptops.

Closing 52

Closing Contract Technique Objectives and Key Results 52

Sales Hacker

JANUARY 13, 2021

It includes factual information, personal experience, and interviews from successful professionals on both the buy-side and the sell-side of enterprise OEM software licensing to ensure a broad mix of experience and ideas. Enterprise software companies rarely resell agreements because they are focused on selling their software.

GTM 74

GTM Negotiate Profit margin Contract 74

ConversionXL

OCTOBER 26, 2022

The New York Times named this urge to buy something the “TikTok Feta Effect,” after a viral recipe for baked feta pasta resulted in the cheese selling out nationwide in the U.S. To understand perceptions of the platform, TikTok commissioned a Neilsen study. The TikTok buying craze even has its own viral hashtag: #TikTokMadeMeBuyIt.

Customers 115

Customers Entertainment E-commerce Objectives and Key Results 115

ConversionXL

NOVEMBER 9, 2022

Let’s say your company sells an intelligent paid promotion tool, but prospects are not converting because of the time it takes to see results. I interviewed Tina Donati, Head of Marketing at Alloy Automation, to learn how each marketing function can use data visuals: Use data visuals internally—extensively.

Objectives and Key Results 110

Objectives and Key Results Represent Presentation Promote 110

Sales Hacker

JULY 28, 2020

” The two sort of NCOs, non-commissioned officers, who were cadre in the program pulled me aside, and they’re like, “Look, dude. The fact that I went to the sniper section was actually a function of being voluntold that I had the perfect sort of personality traits and attributes to be successful in that specialty platoon.

Sell 61

Sell Presentation Start-ups X-functional 61

SaaStr

APRIL 24, 2020

Number one is they didn’t really have an enterprise software selling group when they bought Omniture, so that route to market was something they were very interested in creating. And going through the process of selling boxed software in stores to selling online delivery of the application, it’s crazy.

X-functional 85

X-functional Strategize Retail Technology 85

PandaDoc

MARCH 7, 2023

This visual aid gives every member of your sales team a big-picture view of the entire selling process. What’s more, it makes it easy to ensure you have enough personalization to show the lead that you understand their needs (and what you’re selling!). How can a business benefit from a good sales process flowchart?

Process 52

Process Objectives and Key Results Pitch Legal 52

SaaStr

JULY 24, 2019

This is pretty simple, but when I look at this industry, a lot of times what I see is organizations crafting pricing packages that would enable, for example, an enterprise-wide license, where an organization pays you X amount of money, and they have unlimited seats, unlimited usage. We sell contact center software. What does that mean?

X-functional 54

X-functional Engineering Clients Start-ups 54

SaaStr

JANUARY 21, 2020

I used to think that I could go into healthcare and pull a med device rep who was selling million dollar towers on a six-month sales cycle. Bigger salary, slightly bigger, bigger commission, a little bit bigger equity, more responsibility and a little bit bigger title. They’re making a really good commission.

Quota 103

Quota Sales Healthcare Territory 103

SaaStr

MARCH 1, 2019

Should sales commission be paid on renewals? And then in the enterprise, some of them tie them to multi-year deals, but there’s actually no impact on conversion rate from the free trial to a paid customer as a function of the contract value. * How does Tom think about constructing comp plans the right way today?

Contract 46

Contract Price Commission Conversion 46

SaaStr

MARCH 3, 2020

So they come out and they say “It’s sort of manifest destiny that somebody that my magical dream candidate that scaled company X, Y or Z from zero to 50 or zero to 100 is going to come off the beach and stop whatever they’re doing, which is probably not much except golf and jump back in and take a risk to build your company.

Sales 61

Sales Promote X-functional Up-sell 61

Hubspot

AUGUST 17, 2021

In their book, it doesn’t matter what figure you set, the reps will sell what they can sell. I’ve had countless conversations with sales leaders who tell me that their reps just aren’t selling the "right type" of deals. Maybe, that means they’re selling one-year deals when the company wants two-year deals.

Commission 82

Commission Quota X-functional Finance 82

SaaStr

JANUARY 3, 2020

Should sales commission be paid on renewals? And then in the enterprise, some of them tie them to multi-year deals, but there’s actually no impact on conversion rate from the free trial to a paid customer as a function of the contract value. * How does Tom think about constructing comp plans the right way today?

Contract 10

Contract Price Commission Conversion 10

Hubspot

MARCH 10, 2016

An adjective used to describe companies that sell to other businesses. An adjective used to describe companies that sell directly to consumers. To calculate CAC, follow these steps for a given time period (month, quarter, or year): Add up program or advertising spend + salaries + commissions + bonuses + overhead. 6) Blogging.

Networking 78

Networking Non-Profits Engineering Follow-up 78