Hubspot

OCTOBER 16, 2017

Sales compensation is one of the trickiest aspects of the sales organization to get right. How to create a good sales comp plan. Sales comp plan types. Sales contests and SPIFs. How sales compensation should work. A sales compensation plan operates from a basic principle: Money drives behavior.

Commission 92

Commission Quota X-functional Non-Profits 92

Sales Hacker

APRIL 10, 2018

The Winning By Design Blueprint Series provides practical advice for every part of a SaaS sales organization. Setbacks of using a 2-Stage inside sales organization. CASE IN POINT: In the late 90s, SkyStream followed Cisco’s footsteps in infrastructure sales. 5 Steps To Building Your Go To Market Strategy. 1) Across regions.

Go To Market 72

Go To Market GTM X-functional Territory 72

Sales Hacker

JULY 18, 2019

Sales forecasting… Did you just shudder? For most sales reps and leaders, this is an important part of your role — and yet pipeline reviews are one of the most dreaded meetings on the calendar. You’ll learn: Rules for an accurate sales forecast. Key data for sales forecasting. Getting to an Accurate Sales Forecast.

X-functional 68

X-functional Pipeline Contract Quota 68

Lead Fuze

DECEMBER 1, 2021

For the purposes of this article, I†ll be talking about tools that are popular in sales environments. Need Help Automating Your Sales Prospecting Process? Start with the Sales Process. Before making any changes to the sales process, you need to understand it completely. The company offered me $X,000. Closed won.

Appointment 52

Appointment X-functional Sales CRM 52

Sales Hacker

AUGUST 3, 2020

Your salary costs, according to Peak Sales Recruiting , are 90K on average and $180K OTE (on-target earnings). After six months the AE should have taken enough inbound meetings while also connecting with their network to fill their pipeline. And a good AE will have already closed a sale or two. The SDR Setup.

Pipeline 91

Pipeline X-functional Commission Clients 91

Sales Hacker

JULY 10, 2020

I was good at Sales, I was the top of my team, and I knew it. At this point in my career, it was rare for me to get pushed on my sales ability. After all, I was successful and working in a senior-level sales role at a Fortune 250 company. MEDDPICC is a sales qualification methodology that is pretty popular in enterprise sales.

Legal 115

Legal X-functional Contract Presentation 115

PandaDoc

OCTOBER 13, 2022

With over 100,000 loyal corporate users globally, the CRM helps sales teams to excel at their work and convert more leads. Both mature SMBs and newly minted sales teams love Pipedrive for how newcomer-friendly the CRM is. CRMs have always been about managing your sales pipeline. And with Pipedrive, it’s as easy as it gets.

X-functional 52

X-functional Territory CRM Lead generation 52

Sales Hacker

OCTOBER 19, 2018

A couple weeks ago Zoominfo , a premiere B2B contact database, acquired Datanyze , a more recent pioneer that arms sales teams with technographics about their leads. The sales world is abuzz about these two joining forces! The sales tech stack arms race continues, but in a different way.

X-functional 58

X-functional Technology Technology Sales 58

Hubspot

MAY 12, 2023

For example, “If I were frustrated with how a coworker spoke to me in a meeting, I would approach them privately and let them know how their words made me feel. In the following two to three years, I’d like to build my internal communications and public relations skills so I can contribute further to the executive function.”

X-functional 78

X-functional Pitch Follow-up Clients 78

Hubspot

AUGUST 4, 2015

But not all couples are functioning like a belt and suspenders. If your inbound sales and marketing team needs more wine with its cheese, less Ben and more Jerry, come along as we explore how you can align your sales and marketing just like the greatest duos. If you’re in sales, are you writing content? Tango and Cash.

X-functional 72

X-functional Teamwork Sales Follow-up 72

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’ve added a technical account manager function.

X-functional 56

X-functional Engineering Clients Start-ups 56

SaaStr

APRIL 30, 2024

How do you build GTM efficiency in SMB sales? 2023 saw the team grow from 6-10 reps, which is pretty modest, and they built an SDR function. At the end of ‘22, they started a small pilot and grew that function from one and two BDRs to a team of 10 and then 12. So board meeting number two was a lot better. They grew 2.5x

Go To Market 101

Go To Market GTM X-functional Objectives and Key Results 101

Salesforce

OCTOBER 26, 2021

The pandemic didn’t just disrupt sales. Before 2020, sales teams hummed on leads in pipe, one-off sales (digital and in-person), and pipeline velocity. They also turned their focus to long-term customer success instead of one-off sales, reinvesting in employee retention to ensure there was no gap in customer relationships. “It

X-functional 98

X-functional Sales Growth Contract 98

PandaDoc

FEBRUARY 27, 2023

Sales reps love nothing more than the feeling you get right after closing a successful deal. If you can’t get enough of that winning feeling then look no further; we’re going to go over the best sales closing questions to help you seal more deals. What are closing questions in sales? It’s a natural high like no other.

Closing 52

Closing Contract Technique Objectives and Key Results 52

Sales Hacker

SEPTEMBER 29, 2020

Today on the show, we’ve got Vishal Sunak, CEO and co-founder of LinkSquares, a company that applies AI to your contract. Subscribe to the Sales Hacker Podcast. Sam Jacobs: Today on the show, we’ve got Vishal Sunak, CEO and co-founder of LinkSquares, a company that applies AI to your contract. We’re on iTunes.

Contract 107

Contract X-functional Objectives and Key Results Legal 107

Sales Hacker

JANUARY 13, 2021

The licensee embeds the third-party software into its application to improve it by adding new functionality or features, or enhancing existing functionality or features. One OEM contract can give thousands or tens of thousands of end-users access to the licensor’s software. Licensing OEM software. OEM deal structure.

GTM 74

GTM Negotiate Profit margin Contract 74

Hubspot

AUGUST 8, 2019

While metrics are important in every aspect of any business, they’re especially critical in sales. Sales leaders can’t use their intuition to guide their decisions — not only are they dealing with a huge amount of information, but the risk of failure is high. Let's take a look at what sales metrics are. Activity Sales Metrics.

X-functional 96

X-functional Quota Cross-sell Contract 96

SaaStr

AUGUST 7, 2020

From strategies in recruitment and team building to sales tactics, these leaders from Salesforce, nCino, and Vlocity, will discuss the top tips for moving beyond horizontal SaaS and building a billion-dollar SaaS company. They need fewer sales as a percentage of overall employees. This episode is sponsored by Linode. .”

Price 59

Price Retail X-functional Healthcare 59

SaaStr

AUGUST 9, 2019

Ep 255: Vikas Bhambri is SVP Sales and Customer Experience @ Kustomer, the startup providing Real-time, actionable views of customers with continuous omnichannel conversations and intelligence that automates repetitive, manual tasks. What is the right way for startup founders to address sales rep onboarding? Vikas Bhambri: Yeah.

Finance 54

Finance X-functional CRM Engineering 54

SaaStr

JANUARY 10, 2020

Does Bob agree with the notion that channel sales have completely died in the world of SaaS? I was sending a 100 emails a week and doing those initial meetings for that firm for two years. Bob Moore: And I was t nerdy engineer in college, so getting the opportunity to have to pitch, it’s really a sales job at the end of the day.

X-functional 52

X-functional Start-ups Drivers/motivators Go To Market 52

SaaStr

JUNE 14, 2019

How do management meetings with potential PE acquiring firms compare to founders meeting VCs in the early days? How many meetings is normal to have in this process? What does Dave believe is crucial to achieve in these in person meetings? Can I ask, Dave, what are those two types of sale for you in your mind?

Strategize 58

Strategize Quota Non-Profits Price 58

Sales Hacker

MAY 9, 2019

A great sales compensation plan needs to accomplish quite a lot. 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. The Process for Creating a Sales Compensation Plan. Know what to Include in a Sales Incentive Plan. Keep it Simple.

SQL 102

SQL Commission Customers Non-Profits 102

SaaStr

AUGUST 12, 2020

When you start growing above 50 employees, and certainly get to 100, things change, you now have teams, which means you have functional leaders. Rather than having this feeling of disconnected functional areas, everyone in the company knows what to work on. The first system is what I call the sales finance system.

Finance 111

Finance X-functional Launch Objectives and Key Results 111

SaaStr

NOVEMBER 2, 2019

How does your customer success and customer support functions change with the move to enterprise? A classic example is a Shopify selling to, let’s say, contract. * How does Krish think your customer acquisition and GTM strategy has to change with the movement from SMB to enterprise? That’s the beauty of that business.

GTM 52

GTM Price Up-sell Product 52

SaaStr

APRIL 30, 2022

Customer acquisition is basically how much do you spend in terms of sales people, sales team, and in terms of marketing to acquire a new customer. The key here is knowing what your sales model is. And there are basically two sales models out there. Kind of extreme sales models out there for SaaS businesses.

Price 91

Price Launch X-functional Contract 91

SaaStr

APRIL 23, 2019

Building the basic functionality. One of the things that fintech startups often have to do, is they need to have contracts in place with not just the banks, but quite a few of the partners to really build a full stack solution. And I think we did two X what we thought we were going to do. We go in a lot of directions.

Launch 62

Launch Pitch Niche Negotiate 62

SaaStr

NOVEMBER 21, 2020

How should sales and marketing work together on pricing? I look at my experience through those companies, and I learned a lot about enterprise software sales, about buying patterns, about functions like product management and product marketing, and how they fit into a well functioning and operating company.

E-commerce 102

E-commerce Manufacturing X-functional Retail 102

PandaDoc

MARCH 7, 2023

Many that work in sales choose the field because of the flexibility and edge-of-your-seat experience that implementing a sales strategy involves. While this is a good thing, it doesn’t mean your sales cycle should be completely unstructured, without any roadmap. What is a sales workflow? What is a sales workflow?

Process 52

Process Objectives and Key Results Pitch Legal 52

SaaStr

JUNE 13, 2019

In addition, we believe that this data is representative, because if you look at the different kinds of buyers from the respondents, you see it spans everything from operations and marketing to sales and engineering, even down to legal. Contract length. How long should a contract be in order to maximize conversion rate?

Contract 82

Contract Price X-functional Conversion 82

Sales Hacker

APRIL 14, 2020

This week on the Sales Hacker podcast, we speak with Jessica Wilkeyson , Co-Founder and Principal at Alternate Route , a go-to market strategy and revenue operations consultancy based in New York. The importance of sales and marketing alignment reales on communication and measurement. Subscribe to the Sales Hacker Podcast.

Contract 70

Contract CRM Consult Cross-sell 70

SaaStr

MARCH 1, 2019

Annual contracts: To what extent do annual contracts dominate today? Why does Tom think in the early days one should be wary of signing too many multi-year contracts? How does Tom think about calculating churn when it comes to multi-year contracts? What one question must all founders be asking in the sales process? *

Contract 46

Contract Price Commission Conversion 46

SaaStr

JANUARY 21, 2020

Justin Welsh, former SVP of Sales at PatientPop explains how he started in SaaS in 2009 as the second sales hire at Zocdoc. Justin used Sales Culture to grow a successful PatientPop team to 140 employees and 55 million in revenue. Justin Welsh | SVP Sales @ PatientPop. I was a local sales manager or regional manager.

Quota 102

Quota Sales Healthcare Territory 102

SaaStr

AUGUST 15, 2020

One, it starts high up in the sales process, right? You need to discover in the sales process. We’ve got a lot of training to do with our sales teams to get them to start to speak in these types of terms versus feature function. But so much is discovered in sales that’s lost often in that process.

Retail 77

Retail Start-ups Drivers/motivators Up-sell 77

SaaStr

JULY 13, 2023

Startups come in all shapes and sizes on various stages of a timeline, yet it’s not surprising how many have the same questions and concerns about how to scale from x to y to z, the right time to hire and fire, and how to keep a team motivated during hard times. Q: Where Should SDRs Report — Marketing or Sales?

X-functional 69

X-functional Closing Growth Contract 69

SaaStr

MAY 14, 2023

I don’t know if it’s 20 percent per month or did you just go 20 percent last meeting. Daniel, you grew to 3 million in ARR before you hired a VP of Sales. Daniel : We followed a lean start up approach to building our sales process. I focused on learning and getting the process right, so I did all the sales myself.

Price 92

Price Start-ups Up-sell X-functional 92

SaaStr

FEBRUARY 25, 2020

Kathy Lord, SVP of Sage People explains how asking hard questions, embracing feedback and making personal connections with your customers can move the sales journey from prospect to champion. Because it’s not so much focused around X, Y, Z NPS score. Creating champions requires detailed focus on the journey. Maybe, maybe not.

Prospecting 88

Prospecting Customers Promote X-functional 88

SaaStr

MARCH 12, 2019

Awesome revenue growth on the X axis, awesome revenue retention on the Y. What is sales? What is sales? Isn’t sales really around customer value creation? Sales is not about revenue generation, it’s around customer value creation. Why are we so obsessed with sales being focused on revenue?

Growth 82

Growth Cross-sell Contract X-functional 82