Yes, but. They may be somewhat questionable ethically since it can appear to a potential customer that a salesperson is unbiased in their recommendation when they really are not. SPIFF or SPIF or SPIV refers to the practice of paying a small, immediate bonus for a sale to a salesperson. It’s a way to encourage a salesperson to push one product more often than a non-SPIFF paid product. It’s usually paid to the employee by the manufacturer whose products are recommended or by their employer.
http://ownersview.com/spiffs-good-incentive-for-salespeople/
An early reference to a spiff can be found in a slang dictionary of 1859. It was also used in the mid-19th century to mean a dandy or smartly dressed gentleman (hence spiffy, and to spiff up — to improve the appearance of a place or a person). Today. These days, spiff programs are a fundamental element of sales management and can serve many useful purposes. Incentive programs can provide general motivation of the sales force, or they can improve performance in targeted areas.
http://www.spiff-program.com/
Research consistently suggests that spiff programs that are too short in duration often fail to achieve buy-in because it takes people too long to learn about them before they’re expected to act. Alternatively, longer-term programs can suffer from “program burnout” because employees simply lose interest.
http://www.spiff-program.com/
Q From an AOL subscriber: Spiff is a word that has been in use in the sales and marketing business for decades (at least). It is a small, immediate bonus for a sale, but I cannot find what the letters stand for or where it came from. A You hint that it might be an acronym.
http://www.worldwidewords.org/qa/qa-spi2.htm
You do also have to watch out for fraud or misuse of the SPIFF program. One case in Florida involved the use of pre-paid debit cards that had been given to employees as a “Sales Persons Incentive for Fun”.
http://ownersview.com/spiffs-good-incentive-for-salespeople/
However, it is quite certainly a modern attempt to explain the origin of spiff, so spelled, and that that word came first, with the acronym arriving much more recently as a well-meant but false attempt to explain its origin.
http://www.worldwidewords.org/qa/qa-spi2.htm
A bonus payment for closing a sale or making a deal go through. Unlike commission, spiff is paid out directly in cash, from the manager/owner/whatever to the salesperson, pretty much immediately upon the completion of the sale.
http://www.urbandictionary.com/define.php?term=spiff
[spif] Spiffs are short-term incentives targeted at individual sales reps to accelerate sales of a particular set of products within a specific span of time. Also known as channel incentive programs and sales incentive programs, spiffs produce performance improvement, measurable results and engaged participants.
http://www.spiff-program.com/
To balance this network of penalties a ‘spiff’ system is usually adopted, spiffs being premiums placed on certain articles, not of the last fashion, indicated by a marvellous hieroglyphic put on the price ticket.
http://www.worldwidewords.org/qa/qa-spi2.htm
A smoke filter made of a toilet paper roll and fabric softner stuffed at 1 half with ducktape to hold it from coming out (but do no block off airway through). Blow through the not stuffed end and out the other end will be the smell of fabric softner. A spiff is typically used for smoking herb in ur house without the parents finding out. : ] Yo, pass me that spiff man, I dont want my parents to smell this shit.
http://www.urbandictionary.com/define.php?term=spiff
what is spiff
Spiff is a word that has been in use in the sales and marketing business. Spiff is a word that has been in use in the sales and marketing business for decades.