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Motivation and Incentives: Don't Dash for Cash
The days of cash incentives for performance are becoming a thing of the
past. Such rewards are effective for a short time but quickly become an
expected part of a salesperson's income and end up being used to pay bills.
Successful companies are examining new ways of motivating their sales
force and have found the following programs very effective:
- Referral Rewards - awarding non salespeople prizes for providing
leads that turn into sales.
- Give out scratch-off prize cards for each sale, order or new
customer. Make most of the rewards small items (shirts, caps, mugs,
sun glasses) with a few large prizes.
- Reward every tenth order or every sale over a certain dollar
amount.
- Give "play" money to salespeople for each sale. The larger the
sale, the more money received.
Compile a catalog from which they can use this play money to purchase
gifts. Sending out a catalog on a regular basis will remind salespeople
of the program and motivates them to sell.
Remember - The road to success is paved one mile at a time.
Some of the most popular incentives are electronics, watches, power tools,
cameras, home appliances, and sporting goods.
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