Infographic; Processes and Policies for the Incentives Scheme Administration

Designing a Sales Incentives Scheme doesn’t stop when just the terms and conditions are ready; when for example the total target cash compensation, the mix, the leverage, the mechanics are decided. Companies tend to forget other important aspects of the program as for example how the approval process shall work or when exception policy is … Read more Infographic; Processes and Policies for the Incentives Scheme Administration
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A teaching approach to sell to clients

We’ve experienced some laudable changes in sales within the past decade. Companies are re-strategizing to align with the current trend. Technology has redefined marketing and brought new ways to attract prospects into a buying process. LinkedIn and social media are being used to collect leads, identify target groups and potential buyers, nurtures them; safe to … Read more A teaching approach to sell to clients
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Applying an indifferent and problematic sales motivations system to the sales force

The primary objective of a sales incentive is to increase productivity and the firm and to align the sales strategy to the company’s philosophy by passing messages to the sales force. It is a necessary tool for a sales manager to set sales expectations and exceed them. Having known the direction of sales and prospective … Read more Applying an indifferent and problematic sales motivations system to the sales force
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Why Your Incentive Scheme Needs Leverage

The incentives system is one of the most vital tools in a sales company’s toolbox. The incentives scheme motivates the sales team to reach their goals and give their best performance. As such, it’s vital that the scheme is properly aligned to the business’ overall strategy.   Each company has a unique strategy and plan. For … Read more Why Your Incentive Scheme Needs Leverage
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