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MOTIVATING THE SALES TEAM

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MOTIVATING THE SALES TEAM Sales meeting & Sales contests What is motivation ? Motivation is derived from the Latin term Movere,meaning :to move, Motivation ... – PowerPoint PPT presentation

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Title: MOTIVATING THE SALES TEAM


1
MOTIVATING THE SALES TEAM
  • Sales meeting Sales contests

2
  • What is motivation ?
  • Motivation is derived from the Latin term
    Movere,meaning to move, Motivation
  • Stimulates the movement of an individual.
  • On the basis of this definition, human motivation
    can be defined as a dynamic process set in
    motion by creating or arousing internal needs
    that activate goal directed efforts determine
    their intensity persistence

3
  • Motivational Tools
  • Sales contests, Sales meeting are the two most
    frequently used motivational tools besides
    Promotion Opportunities incentive Programs.

4
Sales contests
  • As a motivational device, the sales contest has
    the potential for desirable results. It is
    important that sales manager understand the goals
    that can be accomplished through sales contests,
    the essential decision areas in planning
    contests, the potential pitfalls associated
    with them

5
  • Contest Goals
  • Contest Decision Areas
  • Themes
  • Rules
  • Prizes
  • Participation Duration
  • Publicity
  • Potential Pitfalls.

6
  • 1.Contest Goals
  • Contests can be used to focus sales force
    attention on any particular goal area for short
    period of time They can motivate sales people to
    sell new products, to give attention to problem
    products, to provide more customer service, to
    sell new accounts or to make more demonstration.
  • Some times contests simply encourage sales
    persons to sell more volume within a given period
    of time.

7
  • 2.Contest decision areas
  • Contest themes ,rules ,prizes, participation
    ,duration, publicity are important specifics
    associated with the planning implementation of
    this motivational tool.
  • .All planning must begin with specific purposes
    of the contest then plans are developed in light
    of these goals

8
  • Themes
  • Sales managers should ensure that contests themes
    are creative,novel,timely ,implementable
    ,promotable,visibily measurable.
  • Rules
  • It is very important that contest rules be
    carefully formulated to clarify goals prevent
    abuses.

9
  • Prizes
  • Unless contest prizes include items that the
    majority of participants want, the desired
    motivational effects will not be created.
  • Many corporations are tuning to productive travel
    as incentives-for e.g. inspirational training in
    exotic settings.

10
  • Participation
  • Sometimes only upper level sales person have the
    opportunity to compete for the chance to go to
    national sales contests.
  • Junior sales person are most likely to have their
    own contest with awards certificates by a top
    company officials.
  • Duration
  • Contests usually last more than a month ,sales
    people should have enough time in contest to make
    the most.

11
  • Publicity
  • Contests should be introduced in a surprise
    announcement followed by a publicity
  • Potential pitfalls
  • while well devised contest can accomplish
    multiple organizational individual sales person
    goals, the sales manager ought to recognize
    avoid certain side effects
  • Contest can be so routine that they are expected
    the value of awards is thought as a part of
    yearly compensation..

12
Sales meeting
  • One of the most popular means of enhancing
    motivation as well as continuous training of
    sales people is the sales meeting be it national,
    regional or local.
  • National level meeting are held generally once a
    year, they may include entire sales force or only
    a select group of top Performers.

13
  • In planning Sales meeting there are several
    tasks
  • 1. Establish meeting goals from both the
    companys the sales representatives
    perspective.
  • 2.Select a theme that integrates goals
    communicates the overall purpose of meeting.
  • 3.Develop a tentative agenda or program for the
    meeting work up a preliminary Budget.

14
  • 4.Finalize the program, send copies of the
    program to all attendees.
  • 5.Cordinate closely with all participants in the
    program to ensure they know their roles.
  • 6. Provide handouts summarizing the main points
    of the meeting for sales people to take home for
    further view.
  • 7.Evaluate the meeting in terms of goals
    achievement.

15
  • Videoconferences
  • An efficient way to link several different
    locations together for one sales meeting is by
    having a video conference.
  • Rather than bringing the entire sales force of an
    organization together under one roof, everyone
    can be linked together via satellite .

16
Promotion Opportunities
  • An attractive career path with" promotion
    decision" stages coming at regular intervals can
    make the individuals motivated throughout most of
    their careers.

17
Sales compensation
  • The sales compensation Plan is an essential part
    of the total Program for motivating sales
    personnel.
  • A sales compensation plan, properly designed has
    three motivational Roles
  • 1.Provide a living wage
  • 2.Adjust pay levels to performance, herby
    relating Job performance rewards
  • 3.Provide a mechanism for demonstrating the
    congruency between attaining company goals
    individual goals.

18
  • Types of compensation Plan
  • Straight-salary Plan
  • Straight commission Plan
  • Individual sales personnel should be paid
    according to productivity.
  • Combination of salary incentive Plan.
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