Quick Asked: Spiff Contact Us?

Last update: 29 Apr, 2024 207 Views

What does spiff stand for? At that time, SPIFF referred to Sales Person Incentive Forms, where salesmen would fill out a form for every Apple they sold and got a bonus. Later, in 2019, Dell EMC used the term SPIF (Sales Performance Incentive Fund) for the programs designed to target businesses that might otherwise go to competitors.

Are you prepared to use a spiff program? The use of a SPIFF program may even be the accepted way of doing business in countries you sell to or want to sell to. It can be hard to not be forced into using one if any of these are true. Before you use them, think it through. Generating sales is important but are you prepared to set them up and manage a SPIFF correctly?

Is your business using too many spiffs? Though spiffs are good for sales in doses, there’s a reason they’re confined to short timeframes. Coordinating several spiffs can end up being costly, and the employee engagement they generate can have diminishing returns if your business uses too many.

How much should i charge for a spiff fee? Or it could be for multiple products and the SPIFF could vary: $10 for a bat; $15 for a glove; $20 for a uniform. If you're a reseller, it can be a money maker. Just like a “slotting fee” where a manufacturer pays for shelf space, you can demand a SPIFF from the manufacturer so they pay for this "employee benefit" instead of you.

Listing Results Spiff Contact Us? Question Answers