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10 Incentive Travel Facts You Can Put To Good Use

Sales and Marketing Management

The Incentive Research Foundation (IRF), a private not-for-profit foundation that focuses its initiatives on pragmatic research highlighting the premise and the power of incentive and motivational programs, issued a list of 10 incentive travel facts to commemorate Global Meetings Industry Day. 38 percent of all U.S.

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Does Your Sales Incentive Plan Drive Customers Away?

SBI Growth

The purpose of every incentive compensation plan is to influence the actions of sales reps. You still have time before 2013 to fix any blatant disconnects. Sales incentives can be like square pegs. Incentive compensation is intended to reward specific behaviors of the sales force. Product Launch Incentive.

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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

Let’s suppose HR is fully engaged for redesign of a 2013 Sales Compensation plan. But wait – this new incentive compensation plan could flop. That would make 2013 worse than this year! So, he commissioned HR to design a new incentive compensation plan (IC Plan.) HR even brought in an expert compensation firm.

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New Product? Don’t Forget to Update the Sales Compensation Plan

SBI Growth

Congratulations, your organization is launching a new product in 2013! So how do we incent this behavior? When designing the quota for 2013 sales reps, incorporate the new product into the compensation plan. Amongst the research performed by strategy and marketing should be buyer-based research. How do we drive change?

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Are Sales and Sales Management Candidates Getting Worse?

Understanding the Sales Force

They tend to pay more than smaller and larger businesses and their recruiting efforts, compensation and incentive plans are designed to attract stronger salespeople. Quizzes by Quibblo.com (c) Copyright 2013 Dave Kurlan' There are four possible explanations for this considerable drop. What do you think?

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Sales Leaders Can Close Big Deals in Q4 by Reducing Customer Risk

SBI Growth

Click here to get free advice on how your peers are planning for a busy Q4 and 2013. Top performers look for ways to help make it easy for buyers to buy. They address the risk that is undoubtedly in the buyers’ minds. Buyers know that reps are trying to make a commission check. They avoid tough conversations.

Closing 303
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No Product Differentiation? No Problem. A CEO Who Found Another Way to Grow

SBI Growth

He conducted buyer research and asked his customers what their requirements would be. We partnered with a consulting firm to help us identify the right sales resources, define the sales processes, and determine the proper metrics and sales incentives.”. How will you win the Big 3 in 2013? Here’s what he learned.

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