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Sales Trends from 2012 CSO Insights: Sales Rep Performance

by Eliot Burdett | Published on - June 14, 2012

How does your sales rep performance compare with the rep performance of 1,500 other firms spanning numerous industries? CSO Insights conducts an annual study to assess the strength of the sales world and the 2012 report includes an analysis of the 10 key trends of Sales Rep Performance. Check out where you are and what

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Sales Management Trends: An Aging Workforce

by Eliot Burdett | Published on - June 8, 2012

According to the 2010 US Census, almost a quarter of the population is aged 45 to 64 years old. The median age in more than seven states is 40 years old. Some consider sales a young person’s sport. Salespeople work long hours, travel extensively and have a considerable amount of pressure. What is the impact

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The Seasoned Sales Hire vs. New Blood (Requires 40 seconds to read)

by Eliot Burdett | Published on - June 7, 2012

How many times have you had this debate when you have an open spot on your sales team? Should you recruit a seasoned salesperson that knows his or her way around, or new blood that you can train? We get asked this question everyday. Unfortunately, there is no easy answer and we suggest you don’t

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Innovation in Sales Compensation Strategies

by Eliot Burdett | Published on - May 24, 2012

Changes in the economy have resulted in many businesses reviewing compensation expenses.  The sales commission budget – traditionally the largest cost- is often under scrutiny. Can that expense be lowered with a new incentive calculation process? Data shows that 75% of organizations with 1,000-2,500 employees currently determine commissions using spreadsheets. This approach can lead to

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The Markets are Dropping.  Is Sales Compensation Dropping as Well?

by Eliot Burdett | Published on - May 9, 2012

We get a lot of questions about whether sales compensation is sagging in light of the economy. The simple answer is no, sales compensation is not dropping…for the reliable performers. The detail behind the answer involves looking at supply and demand. The model of supply and demand is the backbone of price determination in a