Remove 2005 Remove Incentives Remove Sales Management Remove Training
article thumbnail

The Secret to Sales Rep Motivation

Steven Rosen

The researchers at MIT in a 2005 study for the Federal Reserve Bank concluded that : As long as the task involved only mechanical skills, bonuses and rewards work. But once the task required “even rudimentary cognitive skills” a larger incentive “ led to poorer performance”. The higher the pay the better the performance.

article thumbnail

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.

article thumbnail

Are You Ready to Break the Bias?

Smooth Sale

It was not until ten years into my entrepreneurial journey that I received formal sales training. Unfortunately, as my career has developed with international speaking, consulting, and training, I still find that I am the only black woman in the room. The B2B sales landscape is shifting towards women in sales.

Scale 78