Spiffs are a good way to meet short term sales needs.
Spiffs are designed to help businesses meet or exceed sales goals in a short period of time. If your business is looking to have its reps quickly meet their sales quota, a well-designed spiff might be the way to go.
What is the purpose of a SPIFF?
A SPIFF program can add long-term visibility and name recognition to help a product stand out. It's a way to encourage a salesperson to push one product more often than a non-SPIFF paid product. It can work miracles for you and cut out competitors.
What does SPIFF mean in slang?
A spiff, or spiv, is slang for an immediate bonus for a sale. ... Typically, spiffs are paid, either by a manufacturer or employer, directly to a salesperson for selling a specific product.
