The SCN Blog
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Tags: sales incentives
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How To Pay Sales Incentives On A New Product
Congrats! Your company is going to launch a new product into the market next year. I am sure this has been a long-awaited release, and many hours have been spent in this effort. Most likely including your go to market strategy and the channels you will be using to sell this product. But have...
by Shirah Smail —
Nov 16, 2024
creating sales compensation plans
incentive on new product
sales commission
sales effectiveness
sales incentives
spiff or spif
Why Do I Have To Pay 10 People For 1 Sale?
Have you been asked this question before? or maybe its a question you have? As most sales comp practitioners know, the amount of people that is paid on a deal is based on a company's roles, sales compensation plans and quotas. If there are unnecessary roles in the sales process then the amount...
by Shirah Smail —
Nov 14, 2024
creating sales incentive plans
sales commission cost
sales compensation management
sales compensation program
sales incentives
SPIFF vs. Comp Plan
So, what is a SPIFF? A SPIFF, also known as a SPIF, is a sales performance incentive fund. It is cash paid on top of a sales compensation plan for a specific objective and predetermined time period. Typically, in the form of a sales contest.
by Shirah Smail —
Nov 14, 2024
sales commission
sales compensation management
sales compensation program
sales incentives
spiff or spif