Remove Arkansas Remove Cross-sell Remove Quota
article thumbnail

Seed Investing Today: What’s Changed, What Hasn’t with Aileen Lee and Jason Lemkin (Video + Transcript)

SaaStr

Look, okay, let’s say half your business sells to eCommerce, but 20% sells to live events. But I do think … we’re investors in a company called Homebase that basically sells SaaS for small-medium size businesses to do hourly work management. Well, do the math in your head. Aileen Lee: It’s very possible.

Pitch 84
article thumbnail

Sales Invoices: What You Need to Know to Get Paid On Time

Salesforce

Businesses typically use sales invoices to calculate financial earnings, quotas , and taxes after they are paid. They also offer insight into a customer’s history of purchases, making them the key to cross-selling and upselling products. They document transactions and create a permanent record for the company.

Finance 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Product-Led Sales? The Ultimate Guide

Salesforce

These insights offer an opportunity for sales teams to tailor their outreach and identify upsell and cross-sell opportunities. Fewer touchpoints to conversion imply that the product is able to sell itself, reducing reliance on heavy sales efforts. The data may also reveal areas for product or service improvement.

Product 77
article thumbnail

70 Words That Win: Sales Terms Every Rep Should Know

Salesforce

You’re not selling tools or closing contracts; you’re offering solutions and building partnerships. Account A business, customer, lead, or prospect a company engages with to sell products or services to. Business-to-business (B2B) A model in which businesses sell products or services directly to other businesses.

article thumbnail

How to Use Clawback Clauses in Your Sales Compensation Strategy

Salesforce

This provision is particularly critical for companies that sell SaaS products. A complicated clause may lead to additional time spent tracking the status of recent deals, distracting sellers from their primary selling responsibilities. But, the sales rep who initially closed the deal might’ve received a substantial commission payment.

article thumbnail

How to Create Sales Presentations That Close Deals, According to an Expert

Salesforce

It can also serve as an opportunity to upsell or cross-sell. Getting to know your audience helps you stand out from the people who rush through as many presentations as possible to fill a sales quota. It’s aimed at showcasing how that product can meet a prospect’s needs.

article thumbnail

Top 10 Sales Incentives That Actually Work

Salesforce

For example, a sales development rep (SDR) may earn incentives for surpassing their booked meetings goal for the month, while an account executive may earn incentives for closing more sales than their monthly quota. 5: Team rewards: Selling isn’t a solitary activity, and many successful sales are the result of a team effort.