Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

WBSP113: Grow Your Business by Learning Digital Commerce Sales Compensation Best Practices w/ Lori McDonald

WBSP113: Grow Your Business by Learning Digital Commerce Sales Compensation Best Practices w/ Lori McDonald

FromWBSRocks: Business Growth with ERP and Digital Transformation


WBSP113: Grow Your Business by Learning Digital Commerce Sales Compensation Best Practices w/ Lori McDonald

FromWBSRocks: Business Growth with ERP and Digital Transformation

ratings:
Length:
42 minutes
Released:
Jul 27, 2021
Format:
Podcast episode

Description

E-commerce is all about mapping your sales and marketing processes digitally regardless of the type of your business, irrespective of whether you transact online or send them invoices. But while transitioning to e-commerce, one of the resistance you will face is the adoption of e-commerce, as your sales team is likely to derail your efforts because of a conflict of their interests. To be successful with your ecommerce journey, you need to create an organizational strategy and compensation plan that incentivizes everyone in your company to encourage your customers to move to e-commerce.In today's episode, we have our guest, Lori McDonald, who discusses sales compensation best practices for organizations aiming to transition to e-commerce from the traditional sales model. She also discusses why digital commerce is cheaper for organizations because of the self-serve and automated nature of the model. Finally, she discusses the best practices for creating sales compensation that will take a holistic view of the organization.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
Released:
Jul 27, 2021
Format:
Podcast episode

Titles in the series (100)

WBSRocks podcast features in-depth conversations on ERP, digital transformation, manufacturing, supply chain, eCommerce, and industry 4.0. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily operational and financial growth challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various ERP vendors and solutions, and enterprise software mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!