With the world of sales growing more competitive, it’s no wonder that companies are turning to creative incentives to motivate their teams. SPIFF programs have emerged as powerful tools for achieving sales objectives. What makes these programs so successful is their ability to offer direct, short-term rewards for great performance. And guess what – rewards […]
SPIFF programs can be crucial facets in a company’s showroom sales strategy because of the incentives they provide for top-tier performance. Most SPIFFs offer representatives cash or other prizes like gift cards for meeting specific sales targets or objectives. While SPIFFs can be highly effective in driving performance and boosting sales, they also come with […]
Did you know that UPS alone delivers over 22.3 million packages per day? There’s simply no question that efficient fulfillment services are the backbone of modern businesses! With the world of online retail exploding, customers can quickly compare prices and benefits, and have developed a keen eye for convenience and speed. Having fast, reliable shipping […]
In the rapid and constantly changing business landscape, Key Performance Indicators (KPIs) serve as compasses, guiding teams towards their objectives. The same principle applies to showroom sales and SPIFF programs! However, simply establishing KPIs isn’t a guarantee of success. They should also be relevant, measurable, and motivating for your salespeople. Today, we’ll dive into the […]
There’s no disputing that the key to any successful SPIFF lies in its incentives! As you begin planning your program, be sure to give special consideration to reward types and amounts. What will motivate your sales team to perform at their very best? Speaking with your team members or even conducting a short survey is […]
If you’re thinking of starting a SPIFF program for your company, congratulations! SPIFFs have the potential to be highly rewarding both in terms of revenue and sales culture. Since every company is unique, each SPIFF program will look a bit different. Learning what works best for your business and sales team is an ongoing process. […]
Everyone who’s worked in showroom sales will probably tell you a similar story: there are brief periods of success, followed by longer stretches where purchases slow to a lull. When conversions drag despite everyone’s best efforts, staying motivated and optimistic becomes harder. The sales team is unhappy, marketing executives are unhappy, and everyone just wants […]