Remove Incentives Remove Pharmaceuticals Remove Strategy Remove Training
article thumbnail

Juuust right incentives

Sales and Marketing Management

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.

article thumbnail

Juuust right incentives

Sales and Marketing Management

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Performance Platforms

Sales and Marketing Management

Not your father’s incentive program. “We If a benefit of all of this technology is the nearly infinite choices that employers can offer to top performers as rewards, the other side of that coin is the increased number of companies (like YouEarnedIt) that now exist in the incentive and recognition space. is Engage People Inc. ,

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. Or maybe you think that incentives have run their course and it’s time to drop them altogether. If you’re thinking of asking your reps what will make the best prize in the incentive program, stop. Are incentives obsolete? Don’t do it.

article thumbnail

5 Steps for a Winning Virtual Product Launch

Allego

For self-proclaimed “professional drug launcher” Courtney Ness, this is less of a brag and more of an incentive. Ness is the founder of Field Factor Training and was recently featured on the Adapter’s Advantage podcast. 2 Train and Iterate Rapidly. 4 Seek New Lead Acquisition Strategies. “We’ve Don’t overthink it.

article thumbnail

MBO Examples to Kickstart Your Sales Team Engagement

Xactly

In order to truly see success and drive performance, sales leaders must revisit goals periodically, analyze results, and adjust strategy to keep reps on track. MBO examples might center around international OSHA laws, return management, productivity improvement, or employee training. Pharmaceutical Sales MBO Examples.

article thumbnail

Sales Hiring: The Ultimate Guide

Hubspot Sales

Your organization needs an effective sales hiring strategy to survive. Once you’ve built a comprehensive profile of your ideal salesperson, come up with interview strategies to measure each trait in your candidates. Consider offering a referral bonus as an incentive.). How you approach training. You're being misleading.

Hiring 73