Skip to content
Post Image

The use of SPIFFS in sales compensation and impact on performance

by Eliot Burdett | Published on - February 21, 2014

Spiffs represent a method of incentivizing certain kinds of sales rep behaviors and outcomes. Also known as a Sales Performance Incentive Fund, the Spiff is a concept dating back to as early as the mid 1800s and used by manufacturers as sort of kickback program to retailers that sell higher volumes of certain product lines.

Post Image

Accountability – the Key to Success in Managing Sales Reps

by Eliot Burdett | Published on - February 17, 2014

During a coaching call with a CEO yesterday, I was asked for my thoughts on some of the best ways to get sales reps to perform. We discussed the elements of effective sales management from strategy, goal setting, communication, coaching and training. Amongst these tactics, holding reps accountable is arguably the most powerful tool for

Post Image

Patience is a Virtue in On-Boarding New Sales Hires

by Eliot Burdett | Published on - February 13, 2014

There arenโ€™t too many instances when a new sales hire produces sales immediately upon joining a new company. I wish this werenโ€™t the case, but with the exception of short sales cycles and call centers, most new sales people need time to learn how to sell a new offering and to start building and converting

Post Image

How Valuable is a Book of Business in Sales?

by Eliot Burdett | Published on - February 11, 2014

Often prospective employers will call us seeking to hire a candidate that has a โ€œsolid book of businessโ€, or a list of former and/or current clients in which the candidate has key contacts. As the thinking goes, this will allow the rep to quickly generate considerable sales upon joining the new employer. I like the

Default Image

Why Market Sales Compensation May Not Be Useful in Your Hiring Efforts

by Eliot Burdett | Published on - February 6, 2014

It is well known that you have to pay at, or more likely a bit above market levels in order to attract the best sales talent in the business. There are numerous surveys that indicate what sales reps are getting paid and there is always anecdotal feedback that comes to an employer either via its