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Incentive Program FAQs

Sales and Marketing Management

For example, what caused pain points at the end of the program: reps changing territories mid-program, sales that were booked but not invoiced, clients who made verbal commitments but didn’t sign contracts, field sales managers that vouched for sales that didn’t get logged into the system on time, etc.?

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The power of incentive programs lies in their structure

Sales and Marketing Management

Author: Tim Houlihan The best incentives have open budgets, meaning anyone who qualifies can win. Open budgets tend to lead to improved morale due to the general ability for reps to feel like they have a chance at winning and that will lead to more sales. Recognition vs. Incentives. It’s easy to measure. That’s recognition.

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How to Compensate the Overlay Sales Specialist

SBI Growth

The compensation calculator offered here will help you make smarter decisions about the economics behind motivating a critical component of your sales force. Overlay specialists can play an important role in supplementing the skills of the field sales force. The Overlay Strategy Payoff. Key Take-Away Ideas.

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Why a Low Sales Turnover Rate Could Mean Trouble

SBI Growth

This is for direct field sales reps. Inside sales is worse at about 15%. Check for the payout of incentive pay to see if it is lower than expected. Sales Reps don’t have to do much to get paid – just take the free sales orders coming in. Maybe you don’t need a field sales rep. TURNOVER RATES.

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Is Your Compensation Plan Evolving with the Company?

SBI Growth

To drive the right behavior and hit your targets, your sales compensation must evolve at the same pace as your company. Sign up for our no-cost event here and receive our Field Sales Compensation Assessment Sheet to find out if your program is outdated. Are you clinging to a legacy Sales Compensation model?

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6 steps to adapt effectively

Sales and Marketing Management

from all of your sales channels. Optimize your e-commerce channel to give buyers ease and convenience, and make sure all your sales channels are integrated and incented to collaborate with each other. Offer the human touch whenever customers need it with your sales team?–?whether How COVID-19 could reshape sales.

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Can Women in Sales Overcome Unconscious Bias in High-Tech?

No More Cold Calling

I’ve summarized interviews with three successful women in tech sales, and share why and how they outsell their peers. The first is Sue, a successful field sales manager in a tech company. But she brought a unique capability to technology sales: domain expertise as an end user. The Not-So Technical Sue.