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How to Run a Killer Sales Incentive Contest

Understanding the Sales Force

Also yesterday, in my article on the importance of rallying cries , I promised to discuss incentive programs. Incentive programs are still very powerful as long as you make sure they don''t last for more than 90 days. There are other factors that can make the difference between an effective and ineffective program.

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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. Here are a few incentive structures to consider for open budgets : Do This Get That – Rewarding reps on every increment of units, sales dollars or gross margin dollars they write up during the incentive period is a great way to increase sales.

Incentive 166
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4 Sales Ops Lessons from the NFL

SBI Growth

I’ll illustrate the importance of these conditions using a sports analogy with the NFL. Incentive pay is a lever that must align with strategy. Suppose Rodgers was paid an incentive every time he threw an interception. Well, no different than paying incentives misaligned with your core strategy. Reward strong performance.

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How’s That 80/20 Working For You?

The Pipeline

Just like any salesperson would recommend to their favorite sports franchise. I have discussed before a brilliant incentive plan I was introduced to that paid on specific outcomes to specific execution. .” The first two gave the expected double down, focus on the cream, and all that jazz. Silence, no takers.

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How the Right Sales Leader Can Turn Around Sales Performance

Understanding the Sales Force

Buying Incentives? Performance Incentives? I was listening to a Boston sports radio show where the topic was how future Basketball Hall-of-Famer, Kevin Garnett (KG), single handedly changed the culture of the Boston Celtics when he arrived there several years ago. Accountability? Competition? Killer Product? Ultimatums?

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The Big Ticket

Sales and Marketing Management

Teaser: "Bucket list" sporting events like the Super Bowl, Kentucky Derby and college bowl games are increasingly popular group incentive travel destinations. "Bucket list" sporting events like the Super Bowl, Kentucky Derby and college bowl games are increasingly popular group incentive travel destinations.

Sports 136
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World Series, Super Bowl and the Sales Force - The Rallying Cry

Understanding the Sales Force

With selling being such an individual sport, can any of this character and culture stuff be applied to a sales force? Even the FCC didn''t mess up that moment, deciding not to assess a fine on Ortiz, the Red Sox, or NESN, the sports network that broadcasts Red Sox games, for his use of the F-Bomb on live television. Not at all.

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