motivating the sales force
TRANSCRIPT
Motivating the sales force
A presentation by:Owais AshrafRupak GuptaTarun VatsVivek Kohli
Your sales people are the driving force of your business-
nurturing your existing customers and converting new prospects
What motivates a sales team?
Is money a big motivator?
How do I reward sales staff?
Your Sales Force is your Revenue Generating Engine. Does the engine need a tune-up?
• Motivation does not Guarantee Performance• How to Motivate the Sales ForceThere are three critical elements to motivate a successful
and high performance professional sales forceoAppreciationoRecognitionoCompensationoPutting It All Together
What motivates the sales
force
Salespeople, like everyone else, want to feel good about themselves
Source: http://work.com/blog/2013/04/what-motivates-sales-people-survey-results-from-the-tas-group/
A sales force-specific hierarchyof motivational factors
Esteem, recognition,
respect
Trust safety assurance
Compensation adequate for personal and family
needs
Fulfilment ofpotential: Having thesupporting conditionsin place that increaseone’s chances for success
To motivate the sales people effectively, sales manager must have a thorough understanding of human needs and the concept of motivation
Every individual differs from every other individual and so do their needs. This is what makes sales force motivation an uphill task.
Here are 10 simple methods for motivating your sales team• Give public recognition,• Give feedback immediately,• Recognize something besides sales, • Get the ‘big fish’ involved,• Showcase trust,• Train your salespeople,• Schedule meetings with your sales staff regularly,• Involve the family, ***• Provide suitable work environment,• Invest in new sales tools.
Incentives that synchronize with performance
People often say that motivation doesn't last. Well, neither does bathing - that's why we recommend it daily.
Motivation is a continuous process