Remove 2002 Remove Incentives Remove Training
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The 6 Key Elements of an Effective Sales Contest

Hubspot Sales

Reward your sales contest winner with a free sales training seminar or educational stipend they can use for personal development or college. This type of prize is typically paired with a smaller incentive like a gift card or small monetary prize, although it carries bragging rights in and of itself. Free Personal Development.

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TSE 1284: Why Your Brain Lies To You: Cash Is NOT The Best Motivator

Sales Evangelist

Tim Houlihan and Dr. Kurt Nelson are consultants who have spent more than 20 years working with companies to design incentives that will increase productivity within sales teams. However, once those needs are met, incentives that are more material or experiential in nature move people into greater effort.

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Go To Market Strategy Guide: Use Our Proven Template Framework

LeadFuze

SkyStream had to diversify its business when the “bubble” burst in 2002. It needs the incentive of bonuses as well. This method tends to be used for million-dollar deals and multi-year contracts because these provide enough incentive to justify the cost associated with hiring someone full time.