Spiff Meaning in Sales
In sales, “spiff” refers to a bonus or incentive given to salespeople for achieving specific sales goals or promoting particular products. It is typically a monetary reward but can also include other perks, motivating employees to increase performance and focus on targeted sales efforts. Spiffs are often used as a short-term strategy to boost productivity and encourage competition.
Synonyms for “Spiff” in Sales
Incentive
Bonus
Reward
Commission
Perk
Performance Pay
Sales Bonus
Productivity Boost
Cash Reward
Motivation Prize
Antonyms for “Spiff” in Sales
Penalty
Deduction
Fine
Disincentive
Salary Reduction
Pay Cut
Negative Feedback
Lack of Recognition
Unrewarded Effort
Flat Pay
Short Sentence Examples
“The sales team worked harder after the company introduced a spiff for top performers.”
“Each spiff motivates employees to focus on selling high-priority items.”
“Winning the monthly spiff for sales performance boosted his morale.”
“A well-designed spiff program can improve sales and encourage healthy competition.”
“She earned a $200 spiff for exceeding her quarterly sales targets.”
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