Sales and Marketing Management

JUNE 24, 2024

Incentive travel consistently ranks as the most memorable and appreciated non-cash reward by recipients. But it's vital to understand incentive travel trends to drive the highest ROI. The post Incentive Travel: What to Know Before It’s a Go appeared first on Sales & Marketing Management.

Travel 156

Travel Incentives Incentive ROI 156

Sales and Marketing Management

MARCH 25, 2024

Why do some sales incentive efforts produce stellar results and others fail? There are a number of factors, but clarity of rules, achievable goals and attractive incentives are good starting points. The post Why Your Incentive Plan Isn’t Working appeared first on Sales & Marketing Management.

Incentives 156

Incentives Incentive Marketing Report 156

Sales and Marketing Management

JUNE 24, 2024

A look at the latest incentive travel trends from the Incentive Research Foundation's Attendee Preferences for Incentive Travel survey. The post Be Mindful of These Incentive Travel Trends appeared first on Sales & Marketing Management.

Travel 120

Travel Incentives Incentive Trends 120

Sales and Marketing Management

SEPTEMBER 25, 2023

But why do so many corporate users continue to purchase in bulk at retail and pass up the benefits of using an incentive gift card supplier? The post An Incentive Gift Card Conundrum that Persists appeared first on Sales & Marketing Management. Gift cards are more popular than ever as a means to reward top performers.

Incentives 245

Incentives Incentive Retail Benefit 245

Sales and Marketing Management

SEPTEMBER 25, 2023

These companies offer turnkey incentive programs for recognizing top-performing employees, channel partners or other important business associates. Rewards can range from merchandise and gift cards to fully supported incentive travel programs.

Incentives 189

Incentives Incentive Travel Channels 189

Sales and Marketing Management

SEPTEMBER 27, 2023

Non-cash incentive programs have never been more important than they are now. Management teams across all […] The post Incentives Are an Investment, Not a Cost appeared first on Sales & Marketing Management. Hiring is down 40% from a year ago. Layoffs continue to accelerate. For companies, this means lean thinking.

Incentives 240

Incentives Incentive Hiring Maximizer 240

Sales and Marketing Management

JANUARY 17, 2023

The post Your Incentive or Loyalty Program Can Get Smarter appeared first on Sales & Marketing Management. Stagnant reward and loyalty programs risk more than just ROI; they erode the equity and trust in a brand that B2B buyers rely on for stability and reputation.

Loyalty 345

Loyalty Incentives Incentive ROI 345

The Pipeline

JULY 7, 2020

But having been at the game for a while the one thing that never changes is the view and approach to incentive or commissions. And while it is easy to get people to agree that incentive drives behavior, it is a bit less easy to validate. Is your incentive plan driving activity or performance? He had a brilliant incentive plan.

Incentives 430

Incentives Incentive Commission Sales Qualified Lead 430

Sales and Marketing Management

JUNE 24, 2024

The post Effective Incentive Plans Don’t Happen by Accident appeared first on Sales & Marketing Management. The complexity and comprehensiveness required to produce proper ROI prevents these from being DIY projects.

Incentives 120

Incentives Incentive ROI Marketing 120

Sales and Marketing Management

MARCH 25, 2024

Regular assessment of incentive efforts is critical, and it can be wise to change things up from one campaign to the next even when you have enjoyed success. The post Review and Tweak Incentive Campaigns Regularly appeared first on Sales & Marketing Management.

Incentives 120

Incentives Incentive Campaigns Marketing 120

Sales and Marketing Management

APRIL 3, 2023

Incentive and engagement solution providers offer software platforms that are proven to increase the engagement of program participants, improve ROI, and enhance the overall experience of incentive, recognition and consumer loyalty programs.

Incentives 156

Incentives Incentive Campaigns Loyalty 156

Sales and Marketing Management

MARCH 25, 2024

Strategies for building a better sales incentive program that captures your sales force’s attention and ensures sustained success. The post Ingredients for a Successful Sales Incentive Program appeared first on Sales & Marketing Management.

Incentives 120

Incentives Incentive Sales Strategy 120

Sales and Marketing Management

DECEMBER 14, 2020

As a longtime member of the incentives industry, I am often asked what businesses can do to better manage their sales teams and their relationships with their channel partners in the constantly changing world. A closer look at a sales training incentive program. Why is this a trending incentive initiative? their skills.

Incentives 295

Incentives Incentive Training Channels 295

Sales and Marketing Management

JUNE 26, 2023

The post Making the Business Case for Incentive Travel appeared first on Sales & Marketing Management. Creating one-of-a-kind experiences for groups creates long-lasting motivation and loyalty, but selling these programs to the C-suite takes careful planning.

Travel 156

Travel Incentives Incentive Loyalty 156

Canidium

JULY 17, 2024

However, managing complex incentive programs at scale is traditionally error-prone and labor-intensive. This inefficiency is the core issue that Incentive Compensation Management Software (ICM) solves. The more motivated your sales team is, the more revenue they will generate.

Incentives 52

Incentives Incentive SAP Scale 52

Canidium

JULY 4, 2024

Managing the backend logistics of scaling a complex compensation incentive plan design is not for the faint of heart. Overseeing a growing sales team is exciting, but it is not easy.

Scale 52

Scale Incentives Incentive Compensation 52

Sales and Marketing Management

SEPTEMBER 13, 2021

The post How Does Your Incentive or Loyalty Program Measure Up? New benchmark study from the IESP reveals expectations for program success. appeared first on Sales & Marketing Management.

Loyalty 226

Loyalty Incentives Incentive Study 226

Sales and Marketing Management

SEPTEMBER 13, 2021

Quality Incentive Company (QIC) creates and administers recognition and incentive programs that motivate people, inspire higher performance and deliver results. Easily Source Incentive Merchandise RepLink provides an online sourcing tool that makes finding brand name products for business gifts and incentive programs […].

Incentives 156

Incentives Incentive Motivation Tools 156

The Pipeline

DECEMBER 18, 2014

As part of a series of posts dealing with areas you should consider, better yet reconsider, going in to the New Year, today we look at incentive. While there are other expenses, commissions/incentives, are the most direct “payment” you pay for bringing in revenue. What’s in Your Pipeline? Tibor Shanto .

Incentives 276

Incentives Incentive Compensation Sales Qualified Lead 276

Sales and Marketing Management

SEPTEMBER 17, 2022

The post The Future of B2B Incentives Depends on ‘Just One Thing’ appeared first on Sales & Marketing Management. He went on to say that when you find that one thing, you stick to it and nothing else matters — though Curly used more colorful language. […].

Incentives 156

Incentives Incentive Sage B2B 156

Canidium

JUNE 28, 2024

Upgrading your incentive compensation management tools is a significant decision that requires careful consideration of your unique needs and challenges. Poor incentive infrastructure can drag down your company's performance, yet software implementations are still a costly investment.

Incentives 52

Incentives Incentive Compensation Tools 52

Sales and Marketing Management

SEPTEMBER 17, 2017

Author: Tim Houlihan Sales leaders are always trying to figure out how to get the most out of their reps at the lowest cost, and incentives are excellent at revealing that sweet spot. Finding the sweet spot for an incentive is like how Mama Bear’s porridge was juuust right. The best duration of an incentive is no longer than 90 days.

Incentives 184

Incentives Incentive Salary Pharmaceuticals 184

Sales and Marketing Management

JULY 24, 2020

Perhaps especially while the COVID-19 pandemic has placed a temporary hold on popular incentives among this demographic like travel, sales leaders can improve their incentives programs for younger employees by embedding a sense of purpose into their sales outreach. . Sometimes, the best incentive is the work itself.

Incentives 227

Incentives Incentive Motivation Demographics 227

Sales and Marketing Management

SEPTEMBER 17, 2017

Author: Tim Houlihan Sales leaders are always trying to figure out how to get the most out of their reps at the lowest cost, and incentives are excellent at revealing that sweet spot. Finding the sweet spot for an incentive is like how Mama Bear’s porridge was juuust right. The best duration of an incentive is no longer than 90 days.

Incentives 166

Incentives Incentive Salary Pharmaceuticals 166

Sales and Marketing Management

AUGUST 9, 2022

The post Channel Travel Incentive Program Reaps 8:1 ROI appeared first on Sales & Marketing Management. An electrical products distributor that offered mid-tier channel partners a group travel program realized a 23% increase in projected sales growth.

Travel 120

Travel Incentives Incentive Channels 120

Sales and Marketing Management

JUNE 8, 2020

Perhaps especially while the COVID-19 pandemic has placed a temporary hold on popular incentives like travel among this demographic, sales leaders can improve their incentive programs for younger employees by embedding a sense of purpose into their sales outreach. Sometimes, the best incentive is the work itself.

Incentives 227

Incentives Incentive Motivation Demographics 227

Sales and Marketing Management

SEPTEMBER 17, 2022

The post Merchandise Incentives Become More Meaningful In a World Spending More Time at Home appeared first on Sales & Marketing Management. Intangibles such as interesting work, growth opportunities and autonomy are primary […].

Incentives 156

Incentives Incentive Motivation Closing 156

Sales and Marketing Management

JANUARY 1, 2018

Author: SMM Research from the Incentive Gift Card Council (IGCC) and the Incentive Research Foundation (IRF) shows the majority of U.S. they can be used for both short-term and long-term incentive efforts?—?adds A lot of channel programs use a reloadable prepaid card as their incentive mechanism. businesses?—?fully

Incentives 196

Incentives Incentive Apparel Automotive 196

Close

JANUARY 31, 2023

Sales incentives can give your reps an extra boost to reach their goals. Learn 10 creative sales incentive ideas and tiips to build an incentive program that actually motivates your team.

Incentives 105

Incentives Incentive How To Motivation 105

Predictable Revenue

NOVEMBER 28, 2022

These creative ideas for sales incentives will help you keep reps on track for quota. Learn the secret to motivating a sales team through tailored incentives. The post Ideas for Sales Incentives appeared first on Predictable Revenue.

Incentives 71

Incentives Incentive Quota Motivation 71

Sales and Marketing Management

MARCH 31, 2021

The post Changes Afoot for Incentive Travel Programs appeared first on Sales & Marketing Management. A full recovery is expected at some point, but the look of group travel may be forever changed.

Travel 120

Travel Incentives Incentive Groups 120

The Spiff Blog

NOVEMBER 17, 2023

As an incentive compensation manager, you hold a critical role that keeps your organization running. What does an incentive compensation manager do? First, let’s cover the primary responsibilities of an incentive compensation manager. Recommended reading: A Foolproof Framework for Better Incentive Communication 2.

Incentives 81

Incentives Incentive Compensation Commission 81

Sales and Marketing Management

MAY 2, 2018

companies spend over $17 billion on channel incentive awards each year, according to the Incentive Federation. Channel incentive programs are designed to gain the time and discretionary attention of your partners by: • Gaining increased shelf space by encouraging distributors to shift inventory away from competitors to your products.

Incentives 174

Incentives Incentive Channels Distribution 174

Selling Energy

OCTOBER 19, 2023

Rebates and incentives have been part of the energy services landscape in America since the late-Seventies. Over the years, the collective pool of available funding has waxed and waned; however, in a typical year it’s not uncommon to see billions of dollars up for grabs.

Incentives 83

Incentives Incentive Energy Marketing 83

Crunchbase

APRIL 6, 2023

When it comes to keeping sales reps happy and quotas attained, what worked over the past few years is no longer working One solution is the introduction of a sales incentive program that encourages reps to work toward a goal and receive recognition. The key to selecting the perfect one?

Incentives 98

Incentives Incentive Hiring Top of Funnel 98

Sales and Marketing Management

MAY 6, 2019

Author: Paul Nolan Meetings and incentive travel professionals agree that Brexit will impact their industry, but they differ on what sort of impact it will have. The British-based C&IT Magazine recently summarized five incentive travel trends that will impact programs in 2019. We are moving from incentive travel to ‘Instatravel.’

Travel 120

Travel Incentives Incentive Trends 120