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. It is …

SPIFFs, or Sales Performance Incentive Funds, are short-term sales incentives used to motivate salespeople to achieve goals or sales targets within a set timeframe.

The meaning of SPIFF is spruce —usually used with up. How to use spiff in a sentence. titivate, spruce up, smarten up, or spiff up?

Jan 4, 2024 · What is a sales SPIFF? The acronym 'SPIFF' stands for many synonymous terms, including the following: All of these terms boil down to the same idea — giving sales reps short …

Dec 12, 2024 · What's the difference between a SPIFF and a SPIV incentive programs? Then answer: They mean the same thing. Learn how to utilize SPIFFs here.

SPIFF meaning: an amount of money paid by an employer or the manufacturer of a product to a sales person for…. Learn more.

SPIFFs (Special Payment Incentives for Fast Sales) and commissions are both incentive-based compensation methods used to motivate sales teams, but they differ in their structure, …

Jan 23, 2024 · A SPIFF, short for Sales Performance Incentive Fund, is a short-term bonus or incentive program designed to encourage sales representatives to achieve specific goals or …

3 meanings: 1. a commission for the selling of dated merchandise 2. to give a commission on slang to make smart or spruce up.... Click for more definitions.

A spiff is a small, immediate bonus or commission given as an incentive to salespeople to sell a particular product or service. It is often used in retail businesses to motivate sales staff. The …