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The Psychology Behind Unexpected Rewards

Sales and Marketing Management

Author: Luke Kreitner The element of surprise has been proven to be a powerful motivational tool. Scientific studies show that unexpected incentive rewards stimulate areas of the brain connected to behavior development and learning. In short, surprise incentive rewards are powerful because they’re universal.

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A Foolproof Framework for Better Incentive Communication

The Spiff Blog

The only remedy is a formal incentive communication strategy. What works best for you will depend on how your organization is structured, what your comp plans look like, the culture of your sales team, and so much more. Map out an incentive communication step to align with each step of your sales comp process. Let’s dive in!

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Firing up the revenue engine post-crisis

Sales and Marketing Management

Being well-prepared and truly understanding how to get your people, your operations and your sales back and running at full bore will be essential for survival. As organizations emerge from the pandemic crisis and fire up their sales engines, it’s clear that the channel must adapt?— Reinforce channel support.

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How to Improve Sales Productivity and Boost Team Efficiency

Nutshell

We’ll also explore some of the challenges sales reps face that impact their productivity, detail how to calculate your team’s sales productivity, and discuss the best tools to help you increase it. Common sales rep productivity obstacles How do you measure sales productivity? Table of Contents What is sales productivity?

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The Ultimate Guide to Channel Sales

Hubspot Sales

What is channel sales? In a channel sales model, a company sells through third partners -- affiliate partners (who get commission on each purchase), resellers, value-added providers (who typically bundle your product with their own), or another entity that doesn't work for it directly. The Definition of Channel Sales.

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How to Motivate Employees in Tough Times

The Spiff Blog

Real World Examples of How to Motivate Employees During Tough Times Let’s look at an example of how motivation and reward go hand in hand. Leverage the channels your team uses most frequently for important notifications. Can you offer a non-cash incentive like a gift card immediately following deals of a certain size?

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6 steps to adapt effectively

Sales and Marketing Management

from all of your sales channels. Optimize your e-commerce channel to give buyers ease and convenience, and make sure all your sales channels are integrated and incented to collaborate with each other. How to sell to leads during and after COVID-19. Are you digital-ready? 6 steps to adapt effectively.