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How Does a Sales Commission Work?

Anyone who knows sales knows what a sales commission is. It’s a monetary reward given to sales reps and sales teams when deals are closed. 

What Is a Qualified Lead?

The term "qualified lead" refers to how ready a potential customer is to be sold to. There are several types of qualified leads - for example…

Who Is the Point of Contact?

In sales and marketing, "pain points" are things bothering individuals and organizations. These can manifest as unmet needs, negative emotions, or anything else prospects struggle with. 

What Is a Pain Point?

In sales and marketing, "pain points" are things bothering individuals and organizations. These can manifest as unmet needs, negative emotions, or anything else prospects struggle with. 

What Is Outbound Sales?

Outbound is one of the most important channels and tactics in sales. It refers to contacting leads first, as opposed to waiting for them to approach you. It is popular and effective in niches as varied as SaaS, B2B, and consumer goods. 

What Is Opportunity Management?

Seizing and capitalizing on sales opportunities drives revenue. It also ensures a business beats the competition in competitive markets.

What Is the Net Promoter Score?

In a sales environment, net promoter score (NPS) is an invaluable metric. It provides deep insights into customer satisfaction and loyalty. Understanding NPS is integral to developing customer-centric strategies that achieve long-term growth.

What Is Monthly Recurring Revenue?

Revenue forecasting is critical, especially in subscription-based business models. Enter Monthly Recurring Revenue (MRR). MRR lets you predict future revenue streams for accounting, financial, and strategic ends. Read on as we explain and explore the term on this page. 

What Is MOFU (Middle Of the Funnel)?

MOFU - Middle of the Funnel - is a stage in the sales funnel. It’s when prospects move from awareness and towards consideration. From a salesperson’s perspective, MOFUs are populated with Marketing Qualified Leads (MQLs) we’re driving towards the Bottom of the Funnel. . 

What is a Master Service Agreement?

Building strong business relationships is integral to B2B sales success. To set the nature of a relationship in proverbial stone, organizations use master service agreements (MSA). 

What Is a Marketing Qualified Lead?

There are several types of qualified leads, i.e. leads whose behavior makes them qualified to be sold to. Marketing Qualified Leads (MQLs) are one of these lead types. 

What Is Lead Scoring?

Lead Scoring is a term used in sales processes and CRM software. It helps understand the potential value of a lead and how ready they are to be sold to. On this page, we’ll discuss what lead scoring is and why it’s so important in modern sales. 

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