article thumbnail

Stretch Your Incentive Budget with Channel Partner Co-Sponsorship

Sales and Marketing Management

Co-sponsoring an incentive program with a channel partner not only distributes the financial load but also enhances the program’s impact. The post Stretch Your Incentive Budget with Channel Partner Co-Sponsorship appeared first on Sales & Marketing Management.

article thumbnail

Juuust right incentives

Sales and Marketing Management

Author: Tim Houlihan Sales leaders are always trying to figure out how to get the most out of their reps at the lowest cost, and incentives are excellent at revealing that sweet spot. Finding the sweet spot for an incentive is like how Mama Bear’s porridge was juuust right. The best duration of an incentive is no longer than 90 days.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Incentive Program FAQs

Sales and Marketing Management

Q: Why not use quota as a bar to require reps to pass before they’re eligible to earn in the incentive program? A: Of course, the sales manager’s job is to adopt the company’s mandated goals, but the reality is that sales managers don’t love their distributed-from-Mount-Olympus goals any more than reps do.

article thumbnail

5 secrets to channel incentive success

Sales and Marketing Management

Author: Ric Neeley Over $7 trillion in products are sold through wholesale distribution channels in the U.S. Distribution channel partners are vital for most companies to get their goods and services to market. companies spend over $17 billion on channel incentive awards each year, according to the Incentive Federation.

article thumbnail

10 Incentive Travel Facts You Can Put To Good Use

Sales and Marketing Management

The Incentive Research Foundation (IRF), a private not-for-profit foundation that focuses its initiatives on pragmatic research highlighting the premise and the power of incentive and motivational programs, issued a list of 10 incentive travel facts to commemorate Global Meetings Industry Day. 38 percent of all U.S.

Travel 205
article thumbnail

Juuust right incentives

Sales and Marketing Management

Author: Tim Houlihan Sales leaders are always trying to figure out how to get the most out of their reps at the lowest cost, and incentives are excellent at revealing that sweet spot. Finding the sweet spot for an incentive is like how Mama Bear’s porridge was juuust right. The best duration of an incentive is no longer than 90 days.

article thumbnail

5 Secrets to Channel Incentive Success

Sales and Marketing Management

Author: Ric Neeley Over $7 trillion in products are sold through wholesale distribution channels in the U.S. Distribution channel partners are vital for most companies to get their goods and services to market. companies spend over $17 billion on channel incentive awards each year, according to the Incentive Federation.