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Maximizing Motivation: Why Well-Intentioned Incentive Programs Don’t Work and How to Improve Them

Sales and Marketing Management

While on the surface, this incentive strategy had some validity, the results were not what the company predicted, or wanted. Second, many of these performers were married and the idea of travel, even incentive travel, meant their families would be on their own for a few days.

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Proven Strategies for Effective Sales Management

Highspot

This involves identifying target markets, segmenting potential customers, and positioning products or services. Performance Monitoring Sales managers closely monitor the sales performance of their team members, identifying areas for improvement and providing constructive feedback, particularly during sales calls.

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The Ins & Outs of Successful Peer-to-Peer Selling

Hubspot Sales

In most cases, a prospect's peers have less of an agenda or incentive to speak highly of a company than the company itself. You should also comment on followers' posts and engage with them in positive, helpful, fun conversations on platforms like LinkedIn and Twitter. In turn, they come across as more objective and trustworthy.

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5 Key Pillars of Effective Sales Performance Management

The Spiff Blog

These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement. Incentive alignment : Shared goals enable the design of incentive structures that motivate sales reps while aligning with the broader success of the organization.

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How to Craft a Successful Sales Environment

Hubspot Sales

Regardless of where my team traveled or who we were playing, our coaches and trainers worked hard to cultivate a positive, successful environment for us. I’m betting you’d like your sales team to answer these questions with overwhelmingly positive language. Do your reps feel comfortable approaching you with constructive feedback?

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Use Personal Recruiting To Build Your Sales Team

MTD Sales Training

When sales people are doing well, making good money and happy in their position, it seems natural that they would tell their friends. Offer Personal Recruiting Incentives. Offer some incentives for those who refer other sales people for a position with your firm. Nevertheless, it does not happen automatically. .

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3 Keys to Building an Effective Commission Plan

The Spiff Blog

But remember that while the execs are driven by revenue and low customer churn, your sales reps are driven by their incentive compensation plans. Prioritize a positive sales culture. For example, a HubSpot salesman wrote in Harvard Business Review about the success of their incentive compensation plan during their “hunting” phase.