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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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Top Ten Ways to Immediately Improve Sales Tool Adoption

The ROI Guy

And you are not alone, as SiriusDecisions reports that the average company now spends a whopping $43K on marketing content and sales tools per salesperson per year. With such low adoption, it should not be a surprise that despite some good wins, your new value-focused sales tools might not be garnering the anticipated usage.

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Is there a Way to Improve Sales Tool Adoption?

The ROI Guy

And you are not alone, as SiriusDecisions reports that the average company now spends a whopping $43K on marketing content and sales tools per salesperson per year. So how do you get the much needed sales tool adoption to occur in 20012.

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Expert Tips for Improving Sales Operations Efficiency

Highspot

Forecast Inaccuracy Sales ops is responsible for ensuring sales forecast accuracy. Forecasting predicts future sales volumes over a period. To do this, they analyze sales data, market trends, and historical performance. An inaccurate sales forecast can have significant consequences.

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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. These efforts tend to be laser focused on helping sales reps enhance their ability to sell more effectively. Other studies have reported the figure to be a low as 10%. Substantial.

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7 Tips for Retaining Your Best Salesperson

Growbots

READ 7 Highly Effective Best Practices for Sales Reps. This situation can be financially devastating considering a recent DePaul University study that found that the average turnover cost of a salesperson is $97,690. Most salespeople are driven by financial incentives. Offer non-monetary incentives as well.

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How to create an effective sales plan: Tips and examples

PandaDoc

A sales plan is a roadmap that outlines your business’s strategy for selling its products or services. Acting as an essential tool for businesses of all sizes and in all industries, a robust sales plan helps to identify sales goals, target markets, and sales tactics to achieve those goals.