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4 Tips to Motivate Your Sales Team at Year-End

Sales and Marketing Management

Sales managers need to approach the final weeks of the year with leadership that taps into the competitive nature of their teams because sales professionals won’t lose their desire to be “on top” just because Santa is coming to town. . Create a holiday incentive program. . Create a Memorable Experience. .

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Performance Platforms

Sales and Marketing Management

Online retail is expected to grow 8 to 12 percent in 2017 — three times higher than the growth rate of retail overall. Source: National Retail Federation). Not your father’s incentive program. “We (Source: DDB Worldwide). Americans spend an average of five hours per day on mobile devices. Source: Flurry Analytics).

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The Science of Motivation

Sales and Marketing Management

Sales manager: I’d like to know what rewards the reps would like for our next incentive. Sales rep: Cash! Sales manager: Sounds good. You may be a seasoned sales manager, fatigued by trying to come up with innovative ways to motivate your reps. Are incentives obsolete? Don’t do it.

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Wells Fargo: The True Cost of “Unchecked Incentives”

OpenSymmetry

When questioned about these details, Stumpf responded that he not aware of what was happening at each retail bank down to this level of detail. This means that C-level executives may not have adequate visibility into the operations and practices of their sales team other than through basic reporting from sales managers.

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4 ways to use sales gamification in your sales process

PandaDoc

Key takeaways Sales gamification can improve performance by drawing attention to specific metrics, sales targets, and KPIs. Employee engagement increases when the incentives are worth the effort required to do well. Manage your sales activities twice as fast Increase your close rate by 36% wuth PandaDoc.

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How to Train a Sales Team on Products: Use Modern Software, Not Old-Fashioned Training Techniques

Bigtincan

Traditional product training for enterprise sales organizations and retail employees often includes hour-long training videos, reviewing lengthy recorded calls, reading through documentation, and a bunch of other time-intensive training processes that require your sales reps to absorb and, hopefully, retain product information.

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How to Recruit a Sales Team: 4 Tips to Attract Top Sales Talent

Pipeliner

It helps peek into what other companies offer their sales personnel within your region. Sales compensation is often complex, comprising base salary, sales commission rates, ramp-ups, accelerators, and decelerators. Consider the example of Costco — a globally renowned retail giant holding a reputation as a choice employer.