Sales and Marketing Management

JANUARY 1, 2018

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.

Incentives 196

Incentives Incentive Apparel Automotive 196

Sales and Marketing Management

AUGUST 31, 2014

Teaser: When Sales & Marketing Management magazine and the SITE Foundation initiated a comprehensive survey on the use of incentive travel, they knew that some of the most illuminating information would come from non-users of this motivational tool. Issue Date: 2014-09-01. Author: Paul Nolan. read more'

Travel 159

Travel Incentives Incentive Survey 159

Sales and Marketing Management

SEPTEMBER 27, 2014

A survey of sales and marketing executives co-sponsored by Sales & Marketing Management and the Society for Incentive Travel Excellence (SITE) Foundation discovered that those who use incentive travel report that it's a strong driver of performance, while many of those who don't use it fail to understand its self-sustaining features.

Quota 243

Quota Incentive Incentives Travel 243

Sales and Marketing Management

JUNE 24, 2024

A look at the latest incentive travel trends from the Incentive Research Foundation's Attendee Preferences for Incentive Travel survey. The post Be Mindful of These Incentive Travel Trends appeared first on Sales & Marketing Management.

Travel 120

Travel Incentives Incentive Trends 120

SBI Growth

OCTOBER 6, 2013

This post is for Sales and HR Leaders planning 2014 Sales Compensation. It provides a number of common Sales Compensation complaints. Something you’ll need to go with this post is the Sales Compensation Complaint Checker. Something you’ll need to go with this post is the Sales Compensation Complaint Checker.

Compensation 293

Compensation Territories Incentives Incentive 293

Sales and Marketing Management

OCTOBER 15, 2020

Taking a closer look at recognition programs, the Incentive Research Foundation (IRF) reports that 26% of program owners say they’re communicating more frequently. 42% of IRF survey respondents who postponed their incentive trips are now using alternative means to recognize or celebrate award winners.

Incentives 317

Incentives Incentive Travel Cancellation 317

SBI Growth

OCTOBER 21, 2013

Sales Operations is responsible for creating that winning environment. 80% of its sales team was outside sales reps. A survey showed between 10%-20% of their time was spent driving. The customer base was surveyed and asked what they required from their rep. The Sales Operations team moved to reorganize the group.

Hiring 293

Hiring Ideal Customer Profile Margin Face-to-face 293

SBI Growth

JUNE 8, 2013

I bet that two vital pieces are missing from your sales strategy. If you formalize them into your sales process, training and measurement, revenue will grow. Otherwise, your sales team will be eaten up. As the sales operations leader, you develop the sales strategy and support team performance. Social Selling.

Strategy 310

Strategy Referrals Cost per Lead Social Selling 310

Sales and Marketing Management

MAY 6, 2019

Author: Paul Nolan Meetings and incentive travel professionals agree that Brexit will impact their industry, but they differ on what sort of impact it will have. The British-based C&IT Magazine recently summarized five incentive travel trends that will impact programs in 2019. We are moving from incentive travel to ‘Instatravel.’

Travel 120

Travel Incentives Incentive Trends 120

Sales and Marketing Management

DECEMBER 3, 2018

While on the surface, this incentive strategy had some validity, the results were not what the company predicted, or wanted. Second, many of these performers were married and the idea of travel, even incentive travel, meant their families would be on their own for a few days. Bob Nelson is president of Nelson Motivation Inc. ,

Incentives 176

Incentives Incentive Motivation Maximizer 176

Nutshell

DECEMBER 22, 2023

Surveys are a fantastic way to gather unique data from your customers. If you’ve come to this page, it’s probably because you want to conduct an online survey, but you haven’t found the right survey tool yet. That’s why we’ve done the heavy lifting for you and gathered 10 of the best survey apps for businesses.

Survey 126

Survey Channels Google CRM 126

Sales and Marketing Management

JUNE 29, 2020

Author: Paul Nolan According to an April survey by the Incentive Research Foundation, the top concern about participating in work or reward-related travel was the threat of an epidemic/pandemic at 33%, followed closely by severe weather at 29%. Incentives interrupted. Inventive alternatives.

Travel 218

Travel Groups Incentive Incentives 218

SBI Growth

OCTOBER 20, 2012

HR leaders, get ready for the 2013 Sales Kickoff by fixing the flaws in your compensation plan today. Here are a few real-life examples of situations where the VP of Sales asked for help from HR: Heavy Equipment Company: The top sales rep earned more than the CEO for 2 of the past 3 years. Hold on for a moment.

Compensation 267

Compensation Incentives Incentive Lead Rank 267

Sales and Marketing Management

OCTOBER 3, 2018

Author: SMM Staff Suppliers of incentive gift cards tout their flexibility, the ease with which gift card programs can be administered, and their versatility in terms of use. That’s the takeaway from a new survey of incentive gift card users by Sales & Marketing Management magazine. About the Survey.

Incentives 159

Incentives Incentive Survey B2B 159

Crunchbase

APRIL 6, 2023

During the past two years, sales professionals have faced budget and hiring freezes along with multiple bouts of layoffs across industries — especially in tech. It’s less than ideal that the average sales turnover rate is 35%, compared to a 13% average turnover rate for all other roles. Why the disparity?

Incentives 98

Incentives Incentive Hiring Top of Funnel 98

Sales and Marketing Management

SEPTEMBER 24, 2014

Teaser: We are excited to report on the findings of a survey of Sales & Marketing Management readers that was sponsored by this publication and the SITE Foundation, an entity focused on raising awareness of the effectiveness of incentive travel. read more'

Incentive 149

Incentive Incentives Travel Survey 149

Sales Hacker

JUNE 17, 2019

How do you ensure you’re maximizing your sales team’s potential? According to the first-ever State of Sales Performance Survey , in partnership with Sales Hacker, Ambition, Gong, AA-ISP, Vidyard, and Factor 8, the key is modern sales performance management. First, A Deeper Look at Sales Performance.

Survey 105

Survey Motivation How To Incentives 105

Sales and Marketing Management

MAY 20, 2019

The company, which has been named one of the best places to work in Georgia by Georgia Trend Magazine, incorporates education, contests and incentives into its benefits program, adopting a holistic approach to helping workers be happier and healthier. They also filled out surveys about habits such as exercise, smoking and diet.

ROI 257

ROI Incentives Incentive Study 257

Sales and Marketing Management

MAY 17, 2020

Organizations are doing their best to navigate this new landscape of layoffs, remote working, canceled events, slowing sales and demand slumps. Being well-prepared and truly understanding how to get your people, your operations and your sales back and running at full bore will be essential for survival. That’s the bad news.

Engineering 207

Engineering Revenue Incentives Incentive 207

Sales and Marketing Management

SEPTEMBER 16, 2022

Just as gift cards surged in popularity when the pandemic sent a majority of workers to home offices, incentive points programs also found new audiences. The ease of administration, touchless reward delivery and flexibility of reward choices helped incentive and engagement solution providers (IESP) increase business in the past two years.

Meeting 156

Meeting Incentive Incentives Survey 156

Sales and Marketing Management

MAY 18, 2018

That includes all generations, not just millennials, as recent surveys indicate nearly 75 percent of consumers prefer to increase spending on experiences rather than physical possessions. Tapping in to the experiential trend is essential for building a brand, engaging B2B customers, and driving sales. Sales kickoffs.

B2B 221

B2B Customer Social Media Face-to-face 221

Sales and Marketing Management

MARCH 23, 2023

More than 85 companies reported revenue performance, turnover rates and change in compensation costs, including incentive and total compensation increases, for Alexander Group's 2023 Sales Compensation Trends Survey. Here's what we learned.

Compensation 156

Compensation Incentives Incentive Survey 156

Sales and Marketing Management

JULY 26, 2017

With those numbers in mind, if you are a sales manager, HR director, marketing manager or other executive charged with increasing employee engagement or driving customer loyalty, what tools do you think make sense to use as your starting point? Not your father’s incentive program. “We (Source: National Retail Federation).

Incentives 209

Incentives Incentive Retail Loyalty 209

Sales and Marketing Management

OCTOBER 15, 2020

A global survey by Gartner found that 88% of organizations made it mandatory or encouraged their employees to work from home once COVID-19 was declared a pandemic. A survey of more than 3,900 U.S. Companies are also using Tango cards as incentives to complete training. The shift to WFH. Prior to the coronavirus outbreak, 3.4%

Incentives 227

Incentives Incentive Face-to-face Survey 227

Zoominfo

MARCH 6, 2019

Feedback: Use surveys to collect direct feedback. The most common method is a Net Promoter Score survey, which directly asks customers how likely they are to refer your brand and products on a scale of 1 to 10. Choose the right incentives. But, we recommend you give more thought to your referral incentives.

Referrals 197

Referrals Ideal Customer Profile Marketing Incentives 197

The Spiff Blog

AUGUST 19, 2022

Developing an effective sales compensation plan requires a lot of brain power. It makes sense to focus on behaviors you’d like to incentivize, or pulling certain levers to impact other components of your sales engine. The only remedy is a formal incentive communication strategy. Let’s dive in!

Incentives 81

Incentives Incentive Compensation Commission 81

Sales and Marketing Management

JUNE 29, 2020

Being well-prepared and truly understanding how to get your people, your operations and your sales back and running at full bore will be essential for survival. As organizations emerge from the pandemic crisis and fire up their sales engines, it’s clear that the channel must adapt?— Leverage the right engagement tools to drive sales.

Engineering 156

Engineering Revenue Incentives Incentive 156

Sales and Marketing Management

FEBRUARY 3, 2020

Although company websites, content and sales presentations are highly used assets when evaluating an organization and its products, a Harvard Business Review study determined that customer references are an influential decision support tool too. However, things can get complicated when these two groups have conflicting viewpoints.

Ideal Customer Profile 248

Ideal Customer Profile Customer Policies Promotion 248

Your Sales Management Guru

DECEMBER 10, 2012

Guest Posts for Your Sales Management Guru. Ken: We have two posts today, first How to Manage Manipulative Sales Employees and a BONUS Sales Compensation Survey to help you plan. How to Manage Manipulative Sales Employees. There is rarely smooth sailing in sales. BONUS Sales Compensation Survey.

Compensation 80

Compensation Survey Policies Incentives 80

Sales and Marketing Management

JUNE 14, 2020

A recent survey by the IBM Institute for Business Value found more than 75% of respondents would like to continue working remotely at least occasionally, while more than half want it to be their primary way of working after the coronavirus crisis ends. sales and marketing at Intel, told Bloomberg. Author: SMM Staff.

Face-to-face 218

Face-to-face Decision Maker Insurance Insurance 218

Zoominfo

MAY 13, 2018

It’s common knowledge that working in sales is hard. Yet—what most people don’t understand is the extent to which sales pressure can negatively impact an organization. In today’s post we explain the effects of sales pressure and provide ways to mitigate this stress productively. ” ( source ). ” ( source ).

Hiring 258

Hiring Sales Qualified Lead Lead Rank Lead Scoring 258

Sales and Marketing Management

JUNE 22, 2020

From many years of experience in customer-facing roles with large software companies, I’ve learned that there are many factors which can break a customer relationship after the sale. The CRM system can be a great place to deliver the high level view, allowing sales, support and marketing to be on the same page.

B2B 207

B2B Customer Vendor Enterprise 207

Sales and Marketing Management

OCTOBER 14, 2020

When iHire surveyed employees for its report, The State of Online Recruiting 2020 , just 7.6% You’ll likely need individual and team incentives. Jeff Kalter is CEO at 3D2B , a global provider of sales and marketing services. It isn’t easy to build relationships when you can’t sit across the table and talk.

Face-to-face 218

Face-to-face Policies Call-back Incentives 218

Sales and Marketing Management

JUNE 29, 2020

A survey of B2B sales operations by McKinsey & Company shows the pandemic has accelerated previous trends?—?omnichannel omnichannel selling, inside sales, tech-enabled selling and e-commerce. from all of your sales channels. Offer the human touch whenever customers need it with your sales team?–?whether

Face-to-face 156

Face-to-face Lead Rank Decision Maker Pivotal 156

Sales and Marketing Management

JANUARY 27, 2020

And incentives can take many forms -- economic (via your pricing structure), psychological (image, brand, etc.), Streaming is the future in video. But how will customers make the transition from traditional cable to streaming? Customers will likely go where they’re incentivized to go. ease of use (switching costs, “hassle factor”, etc.). .

Incentives 199

Incentives Incentive Negotiation Channels 199

Xactly

OCTOBER 18, 2018

Compensation and incentive pay plays a big role in the success of a sales organization. Incentives drive sales behaviors, but when reps get paid incorrectly, it can lead to some big problems, specifically rep turnover. And many continue to use spreadsheets to manage their compensation, 80 percent of which have errors.

Incentives 58

Incentives Incentive Study Compensation 58

Zoominfo

SEPTEMBER 26, 2018

Whether through anonymous surveys or face-to-face meetings, find out what they love most about working at your company—and what they’d like to be different. For this reason, we recommend that you offer incentives to employees who recommend new hires, share content, and promote branded information.

Hiring 250

Hiring Social Media Face-to-face Channels 250