article thumbnail

The power of incentive programs lies in their structure

Sales and Marketing Management

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. For an outside route-sales-driver, that might be three to six weeks.

article thumbnail

A sales rep’s guide to customer retention: 5 ways to keep your buyers coming back

Nutshell

Customer retention is also specifically important to sales reps as some organizations have instituted commission claw-back policies for customers who churn within a specific time frame. If the folks you sell to regularly return products or split after a month of using them, your personal bank account could very well suffer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A sales rep’s guide to customer retention: 5 ways to keep your buyers coming back

Nutshell

Customer retention is also specifically important to sales reps as some organizations have instituted commission claw-back policies for customers who churn within a specific time frame. If the folks you sell to regularly return products or split after a month of using them, your personal bank account could very well suffer.

article thumbnail

38 Most Dynamic Women in Sales (The 2019 Edition)

Sales Hacker

I love the autonomy, the ability to make uncapped commissions, and the feeling of winning when I close a deal. I began my career thinking I was going to be compensated equally (through commissions and bonuses), and yet I didn’t realize my male colleagues were being paid more (even though I was the single parent). . It was fun.

Hiring 90