techniques of sales motivation
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Techniques of salesTechniques of sales
motivationmotivation
KARTHIK RAVINDRAN ( 08D1011)ARUN KALLUPALAM (08D1006)
ADITYA AGARWAL(08D1003)ANKIT PODDAR(08D1004
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MotivationMotivation
y Motivation - What is it?
y Sales motivation is not an object.
y It can not be passed from one person to
another.
y No onecan give it to you, or take it awayfrom you.
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y Motivation is not something you have.
y It'ssomething you do. Think of motivation asaverb, not a noun.
y Asasales manager we often hear thecry, I need
motivating.
y Usually from asalesperson that was reactingnegatively to events or situations.
y They look to their manager or trainer to motivatethem.
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Sales Motivation TechniquesSales Motivation Techniques
y Use it asaself motivation training tool.
y A short blast of positivity to get you backto aselling state.
y Gain an advantage over thecompetitionas you maintain aconfident selling state.
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Five most effective techniques.Five most effective techniques.
y The manager personally congratulatesemployeeswho do agood job whenever they perform exceptionally well.
y The manager writes personal notesabout their goodperformance.
y The organization use performanceas the basis for
promotion.
y The manager publicly recognizesemployees for goodperformance.
y The manager holds morale-building meetings to celebratesuccesses.
y (Source: Dr. Gerald Graham, PhD. Management)
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Employee motivation programsEmployee motivation programsincludesincludes
y 1) Positive reinforcement along with high expectations,provide training when necessary.
y
2) Treat people fairly, with respect, and honestly.
y
3) Understanding andaddressing employee needs.
y
4) Teach employees how to set work related goals.
y
5) Restructure or reorganize jobsand job descriptionswhen necessary.
y
6) Havea rewardssystem based on job performance.
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TYPES OF REWARD PROGRAMSTYPES OF REWARD PROGRAMS
y VARIABLE PAY Variable pay or pay-for-performance isacompensation program in which a portion ofa person's pay isconsidered "at risk.
y BONUSES. They usually reward individualaccomplishment andare frequently used in sales organizations to encouragesalespersons to generateadditional business or higher profits.
y PROFIT SHARING Profit-sharing refers to thestrategy ofcreating a pool of monies to bedisbursed to employees by taking
astated percentage ofacompany's profits.
y STOCK OPTIONSPreviously the territory of upper managementandlargecompanies, stock options have becomean increasinglypopular method in recent years of rewarding middle managementand other employees in both maturecompaniesandstart-ups.
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Reward programs by DELLReward programs by DELL
They offer acomprehensiveemployee
benefits package that allows you to :y chooseand build your own health plan,
y participate in health improvementprograms to maintain,
y improveand manage your health,y and improve your personal financial
bottom line via our 401(k),
y and incentivecash and/or bonus plans.