improving sales with rewards

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BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States rewards with the right Improving sales results mix of

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Page 1: Improving Sales with Rewards

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

rewardswith the right

Improving sales results mix of

Page 2: Improving Sales with Rewards

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

When was the last time you looked at the mix of rewards for your sales team?

Page 3: Improving Sales with Rewards

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Many things are stopping sales teams from achieving their top performance.

Page 4: Improving Sales with Rewards

Awareness:

They don’t know WHAT to focus on

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 5: Improving Sales with Rewards

Learning:

The don’t know HOW to improve

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 6: Improving Sales with Rewards

Measurement:

They aren’t sure WHERE THEY STAND

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 7: Improving Sales with Rewards

Reinforcement:

They aren’t convinced the rewards are worth the effort

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 8: Improving Sales with Rewards

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Here are some of the top ways sales leaders are succeeding by using non-cash rewards.

Page 9: Improving Sales with Rewards

1. Setting Goals Using a Self-Selection Structure

If you do an online search for “goal-setting,” you’ll get a return of millions of results and find thousands of books promising all kinds of ways to make your wildest dreams come true.

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Page 10: Improving Sales with Rewards

2. Closing the Say-Do Gap

We all like to talk big. Especially managers.

But the hard part is actually DOING what you say you will do.

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Page 12: Improving Sales with Rewards

4. Chasing the Game

Cash doesn’t cut it anymore.

Once you introduce cash to solve the problem it’s next to impossible to take it away.

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 13: Improving Sales with Rewards

5. Generating Buzz

It is frowned upon to talk about your paycheck, but looking at a video on your new iPad or showcasing a new designer handbag will start to increase the buzz.

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 14: Improving Sales with Rewards

6. Getting a Jump on the New Year

Take advantage of this energy and develop a promotion that drives speed.

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Page 15: Improving Sales with Rewards

7. Reinforcing Steps to the Sale

Understanding the biases behind your sales team’s behavior can lead you to new approaches and unlock new levels of performance.

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Page 16: Improving Sales with Rewards

Learn more about improving results with the right mix of awards with real world examples by downloading our free article.

BIWORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

Page 17: Improving Sales with Rewards

Australia | Canada | China | India | Latin America | United Kingdom | United States

BI WORLDWIDE uses the principles of behavioral economics to produce measurable results for our clients by driving and sustaining engagement

with their employees, channel partners and customers.

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