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Team incentives: 7 do’s and 2 don’ts

Sales and Marketing Management

Author: TIM HOULIHAN Do you avoid team incentives because you are worried about being fair? Teams perform better than individuals [ Kuhn, “Experiments on Motivation, Incentives and Rationality” 2007 ], and you and your bottom line can benefit from rewarding teams. Don’t deprive your teams of these two important tools.

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Sales productivity – time to push the more button

Sales Training Connection

The intervention strategies range from sales training efforts to coaching initiatives to sales tools to marketing materials. Emma Brudner reported the results of a sales productivity study where sales reps spent only 33% of their time selling. Other studies have reported the figure to be a low as 10%. ©2016 Sales Momentum® LLC.

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MBO Examples to Kickstart Your Sales Team Engagement

Xactly

MBOs can be an extremely useful tool in addition to your sales commission structure because they give each rep individual goals to strengthen the overall sales organization. An MBO program is a great tool for driving the behavior of non-sales-related activities, too. Setting Goals That Drive Sales Engagement. Online Marketing.

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Driving Good Sales Behaviors: 4 Tips to Incentivize a Sales Team & Achieve Targets

Sales Hacker

In 2016, it was discovered that Wells Fargo employees secretly created millions of unauthorized bank and credit card accounts — without their customers’ knowledge — to meet sales goals. I’ve gotten ideas from my team on how we should be managing particular incentives on a day-to-day basis. Ask Wells Fargo. Get that buy-in.

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[VIDEO] Top Qualities of High-Growth Companies: A Conversation with Henry Schuck

DiscoverOrg Sales

Henry : The two things that jumped out from the study about doing the hard things are, you can see that high-growth companies view cold calling, or basically outbound sales development, as something that’s alive and adding great results at more than two and a half times more frequently than low-growth companies. They had to see growth.

Company 120
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How to Boost Sales Team Morale Before Year-End

Tenfold

According to the 2016 State of American Workplace , a Gallup report based on answers from more than 195,000 employees, only 33 percent of US employees are effectively engaged in their work. As manager, you need to nurture this drive through supportive internal procedures and tools. Employee Engagement in the US.

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[Part 3] Execute on Account-based Marketing: Value Selling to Stakeholders at Key Accounts

LeveragePoint

In the hands of good sales teams, strong Value Propositions evolve from Flexible Case Studies early in the sales cycle to Customer Value Analyses during a customer evaluation to a Shared Business Case to Buy that helps sales teams speed the time to closing. Here is a case study where our solution reduced installation costs by 30%.”.