Spiff

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What is a Spiff?

Spiff (also spelled SPIF - Sales Performance Incentive Fund) is a short-term bonus designed to motivate salespeople to take specific actions within a defined timeframe. Unlike standard commission that rewards all sales equally, spiffs focus attention on particular products, customer types, or behaviors the company wants to emphasize right now. According to SalesGlobe (2024), 67% of B2B companies use spiffs as part of their incentive strategy.

Why Spiffs Work

Spiffs are effective because they:

  • Create urgency: Limited timeframes motivate immediate action
  • Focus attention: Reps prioritize spiff-eligible activities
  • Drive specific behavior: Target exact outcomes you need
  • Boost engagement: Add excitement and competition
  • Provide quick wins: Achievable goals with immediate rewards
  • Test strategies: Low-risk way to experiment with incentives

According to Pavilion (2024), spiffs increase sales performance by an average of 18% during the campaign period.

Common Types of Spiffs

Spiff Type Objective Example
Product Push Increase sales of specific product $500 per Enterprise license sold
New Logo Acquire new customers $1,000 for each new customer
Activity Drive specific behaviors $50 per qualified demo booked
Speed Accelerate deal closure $250 extra for deals closed this week
Competitive Win against specific competitor $750 for competitive displacement
Volume Hit quantity targets $100 per deal, first to 10 wins bonus
Multi-Year Longer contract terms $500 for 3-year contracts

Spiff Examples

Example 1: End-of-Quarter Product Push

Company needs to hit annual product goals:

Spiff Details Value
Duration Last 2 weeks of Q4
Target Premium tier product sales
Reward $500 per Premium deal
Cap No cap

Example 2: New Logo Spiff

Company prioritizing customer acquisition:

Spiff Details Value
Duration Full month
Target First-time customers only
Reward $1,000 per new logo
Bonus $2,500 extra for rep with most new logos

Example 3: Activity Spiff for SDRs

Boosting pipeline generation:

Spiff Details Value
Duration 1 week
Target Qualified meetings booked
Reward $75 per meeting (vs. normal $50)
Bonus $500 for first SDR to book 15

Spiff Design Best Practices

Keep it simple: Reps should understand the spiff in one sentence. Complex rules reduce participation and create confusion.

Make it achievable: If only top performers can win, others won't try. Design spiffs where 30-50% of reps can earn something.

Create urgency: Spiffs work best with short timeframes—1-4 weeks. Longer programs lose urgency and become "normal" comp.

Communicate clearly: Announce spiffs at the start. Send daily or weekly updates on standings. Celebrate winners publicly.

Pay quickly: Pay spiff earnings within days, not weeks. Immediate rewards reinforce the behavior you want.

Spiff vs. Standard Commission

Aspect Spiff Commission
Duration Short-term (1-4 weeks) Ongoing
Focus Specific products/behaviors All revenue
Purpose Drive tactical priorities Reward overall performance
Predictability Variable, announced as needed Consistent, in comp plan
Amount Usually fixed per action Percentage of deal

When to Use Spiffs

  • End of quarter/year push
  • New product launch
  • Competitive response
  • Seasonal slowdowns
  • Pipeline generation gaps
  • Strategic account focus
  • Team morale boost

FAQ About Spiffs

How often should you run spiffs?

Use them sparingly—maximum 4-6 times annually. Too many spiffs dilute focus and train reps to wait for bonuses instead of selling consistently.

What's the difference between a spiff and a bonus?

Spiffs are typically short-term (1-4 weeks) and focused on specific actions. Bonuses are often longer-term (quarterly/annual) and based on overall performance against quota.

How do you prevent spiffs from cannibalizing regular sales?

Design spiffs for actions that wouldn't otherwise happen—new products, new customer segments, or acceleration of existing pipeline.

Run Spiffs Effortlessly with Prowi

Launching spiffs shouldn't require spreadsheet gymnastics. With Prowi, you can create spiffs in minutes, track performance in real-time, and calculate payouts automatically—so you can focus on results, not administration.