As we wrap up yet another year, we would like to give a special shout out to all of you who follow and support our blog. For those of you who just found their way to the QCommission blog recently, here are the Top 5 most-read blog posts for this year. Lots of people found them useful, and we hope you’ll find value in them too:
According to a study presented by outboundengine.com, “Acquiring a new customer can cost five times more than retaining an existing customer” and “Increasing customer retention by 5% can increase profits from 25-95%”.
Creating an effective sales territory map is an essential part of running a successful business. A sales territory map is used to divide customers into distinct geographic regions and assign them to sales reps. It helps to ensure that customer and potential customer needs are met efficiently and that sales reps are able to focus on the most lucrative opportunities. Here are five tips on how to create an effective sales territory map:
Introduction: What is Sales Burnout and Why is it So Important to Prevent?
Sales burnout is a phenomenon that occurs in individuals who are constantly exposed to the stresses of sales. It can be caused by long hours, high pressure, and excessive travel. There are many ways to prevent sales burnout. One way is by making sure that you have work-life balance. Another way is by taking time off from work and doing something else for a little while.
Introduction: Why Use Year-End Bonuses?
As the year quickly comes to a close, the time has come once again to consider bonuses. The year-end bonus is a motivational tool that businesses use to reward their employees for work well done. The bonus is usually given in December, which is the end of the year for most companies. The bonus can be in the form of cash, time off, or anything else that will motivate an employee