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6 Tips for Using Sales Acceleration to Close Deals Faster

Salesforce

So, closing more deals more quickly is a win for everyone sales representatives, sales managers, the finance department, and a company’s leadership. As a result, 84% of sales representatives missed their quota last year, and 67% expect to miss it this year. You only have so much time in a day. How do you make that happen?

Closing 98
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What Is Total Addressable Market (TAM)? How to Calculate + Examples

Salesforce

The total addressable market, or TAM, refers to the total number of customers who could possibly use your product or service. TAM can also represent the total potential revenue from that market. SAM stands for serviceable addressable market. SOM represents your serviceable obtainable market.

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Quota Relief: How and Why to Give It to Your Salespeople

Salesforce

The majority of sales representatives experience burnout likely many on your team. Learn more When to offer quota relief Companies offer quota relief to support their sales representatives during periods of market changes or time away from the office. Gartner found that 90% of sellers report feeling burned out from work.

Quota 84
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Sales Invoices: What You Need to Know to Get Paid On Time

Salesforce

A sales invoice is a document issued by a seller to a buyer, detailing the products or services sold, quantities, prices, and payment terms. Back to top ) Sales invoice vs. service invoice A service invoice requests payment for a service performed by the seller. What you’ll learn: What is a sales invoice?

Finance 104
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Spot Bonus: What It Is and How To Do It Right

Salesforce

A spot bonus is an unexpected reward given to an employee to recognize their special contribution or achievement — especially when going above and beyond their typical responsibilities, like a service agent upselling to existing customers. When an employee embodies the core values or brand, such as above-and-beyond customer service.

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How ‘Human’ Should Your AI Agent Be? In Short, Not Very

Salesforce

Clearly, agents will be in high demand to bolster customer-facing scenarios like service and marketing, as well as internally, helping workers across organizations perform all manner of tasks. Should they be represented by an avatar or even a real person? Should they be able to understand and respond to emotional cues?

UX 122
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Four Pros and Three Cons of Usage-Based Pricing (and How to Know If It’s Right for You)

Salesforce

But how you charge for your products and services is just as important. Usage-based pricing, also called pay-per-use or a consumption model, means that a customer only pays for the products or services they use. This can be used for mobile data plans, as well as for internet service providers (ISPs).

Price 52