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The Psychology Behind Unexpected Rewards

Sales and Marketing Management

Author: Luke Kreitner The element of surprise has been proven to be a powerful motivational tool. Scientific studies show that unexpected incentive rewards stimulate areas of the brain connected to behavior development and learning. In short, surprise incentive rewards are powerful because they’re universal.

Incentive 394
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Incentive Gift Cards Continue to Delight

Sales and Marketing Management

Author: SMM Research from the Incentive Gift Card Council (IGCC) and the Incentive Research Foundation (IRF) shows the majority of U.S. are increasingly using gift cards as a reward tool for multiple groups (channel, sales, employee and customer), and that investment in gift card rewards is both significant and growing.

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Sales Incentives, Awards, Lead Follow Up and Sales Effectiveness

Understanding the Sales Force

We have the sales process dialed in and we are training on it now. Dave Kurlan wrote: They should receive the incentive only if the opportunity makes it as far as 2 nd base in the sales process. Until such time, salespeople must be trained to become more effective while marketers must be trained to develop stronger leads.

Follow-up 235
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10 Ways To Boost Your Sales Incentive Strategy

Sales and Marketing Management

Author: George Kriza, CEO, MTCPerformance Your organization wants to drive sales with an incentive program. Here are 10 of the most important elements in designing and deploying your next incentive campaign. Here are 10 of the most important elements in designing and deploying your next incentive campaign. Gen X, Y or Boomer?

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Hiring Sales Talent: A Tool to Help CEOs Get It Right the First Time

SBI Growth

A Tool for You. Download the CEO’s Time Management Tool to get started. Help prevent thrashing early on by providing them with focused training. C ompensation – Your incentive plan will help you attract the best talent. Diagnose the root causes of the problem using the CEO Time Management Tool.

Hiring 303
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Use Personal Recruiting To Build Your Sales Team

MTD Sales Training

However, with all of our advanced technology, word-of-mouth is still a powerful and effective tool, not only in selling, but in recruiting sales people as well. Offer Personal Recruiting Incentives. Offer some incentives for those who refer other sales people for a position with your firm. MTD Sales Training.

Hiring 293
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2 Ways to Turbocharge Your Sales Strategy

SBI Growth

If you formalize them into your sales process, training and measurement, revenue will grow. The two elements to formalize into your sales process, training and measurement are: Referral Sales. Customer referrals have been the most powerful sales tool since the dawn of commerce. Incorporate this training into your on-boarding.

Strategy 310