What Does Spiff Stand For? Understanding the Term and Its Implications

What Does Spiff Stand For? Understanding the Term and Its Implications

Introduction to Spiff The term “spiff” is commonly used in sales and marketing contexts, referring to a financial incentive provided to sales personnel. In essence, what does spiff stand for in this scenario? It represents a payment or bonus designed to motivate staff members to sell specific products or services, thereby driving revenue for the … Read more