SlideShare a Scribd company logo
1 of 16
SALES FORCE MOTIVATION
INTRODUCTION
 What motivates a sales force?
 It’s an age-old question, of course.
 But these days, it’s arguably more important
than ever, as organizations in many industries
and different parts of the world face critical
talent shortages that could impede their
plans for growth
INTRO CONT’D
 It’s not just about the pay check.
 Effective incentive compensation
management is based on an understanding of
basic human motivation— on the importance
of trust, self-esteem, social recognition and
improved chances to fulfil one’s potential.
Learning objectives
 After reading this unit, you should be able to:
1. State and explain the universal needs of
every sales person.
2. Go back in order to go forward
Universal needs
 How can one best understand the factors that
influence the motivation of a sales force?
 One way is to return to the work of Abraham
Maslow, a pioneering American psychologist
who introduced, in the 1940s, a hierarchical
understanding of basic or innate human
needs.
Compensation
 Looking at the reconstructed figure, one can see
fairly quickly why financial compensation alone
is not sufficient to explain the motivations at
work in a sales workforce.
 Financial compensation—though not, strictly
speaking, a physiological need—is analogous to
the lowest tier of needs in Maslow’s hierarchy
 It is basic and important, but it touches upon
only one dimension of motivation, and a
comparatively low-level one at that.
Trust
 Above physiological needs on Maslow’s
hierarchy is the human need for safety and
security.
 In a sales context, this need can also be
understood as one involving the level of trust a
sales force has in how he/she is treated and
compensated.
 Trust is a difficult thing to establish within a sales
organization when it comes to the complex and
ever changing calculation of commissions.
Esteem and a sense of belonging
 Moving further up the modified Maslow
hierarchy, we come to two principles that are
closely linked in terms of motivating a sales
force:
 the need to belong and feel a part of a group,
and the need to be held in esteem and receive
recognition.
 One important aspect of belonging and esteem
is the respect accorded to individuals by senior
management
 But recognition from a peer group is also critical
to motivating the sales force.
Going back to go forward
 In the face of complex performance
environments and looming worker scarcity, sales
executives must return to the basics of human
motivation to understand why financial
incentives alone cannot hope to move the
behaviors of the sales organization in a direction
that can support business growth.
 When compensation is approximately equal
among the sales forces of competing
companies, those with a better chance of
achieving high performance will be the ones that
recognize the importance of such things as peer
recognition and a trusting relationship between
salespeople and management
 It is vital to both personal and corporate success
that critical workforces are given the tools they
need to succeed in a more complicated
marketplace.
 Technology is a key enabler here.
 Advanced solutions now provide real-time
performance support for sales personnel at the
time of need, and also provide links to
companywide performance management
systems
 The End

More Related Content

Similar to SALES FORCE MOTIVATION 8.pptx

The road to sales transformation
The road to sales transformationThe road to sales transformation
The road to sales transformationBrowne & Mohan
 
Getting talent on the right track
Getting talent on the right trackGetting talent on the right track
Getting talent on the right trackKrish Shankar
 
CHAPTER 1 The Field of Sales Force ManagementNew Dimensi.docx
CHAPTER 1     The Field of Sales Force ManagementNew Dimensi.docxCHAPTER 1     The Field of Sales Force ManagementNew Dimensi.docx
CHAPTER 1 The Field of Sales Force ManagementNew Dimensi.docxtidwellveronique
 
151Management of a Sales Force, 12th Edition151Management of.docx
151Management of a Sales Force, 12th Edition151Management of.docx151Management of a Sales Force, 12th Edition151Management of.docx
151Management of a Sales Force, 12th Edition151Management of.docxhyacinthshackley2629
 
Needs for achievement, affiliation, and power the possible sales manager’s ac...
Needs for achievement, affiliation, and power the possible sales manager’s ac...Needs for achievement, affiliation, and power the possible sales manager’s ac...
Needs for achievement, affiliation, and power the possible sales manager’s ac...Alexander Decker
 
L&D's Role In Sales Enablement
L&D's Role In Sales EnablementL&D's Role In Sales Enablement
L&D's Role In Sales EnablementWendy Mack
 
Applying Learning Organization Insights to Marketing
Applying Learning Organization Insights to MarketingApplying Learning Organization Insights to Marketing
Applying Learning Organization Insights to MarketingClearAction Continuum
 
Don't Hire People Just Like You
Don't Hire People Just Like YouDon't Hire People Just Like You
Don't Hire People Just Like Youjscher
 
Don't Hire People Just Like You
Don't Hire People Just Like YouDon't Hire People Just Like You
Don't Hire People Just Like YouPeak Focus
 
What Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals PlayWhat Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals Playjscher
 
What Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals PlayWhat Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals PlayPeak Focus
 
SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...
SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...
SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...Mindmatrix Partner Relationship Manager
 
Sales White Paper: The Growing Sales Organization
Sales White Paper: The Growing Sales OrganizationSales White Paper: The Growing Sales Organization
Sales White Paper: The Growing Sales OrganizationAltify
 
Assignment on Strategic Management
Assignment on Strategic ManagementAssignment on Strategic Management
Assignment on Strategic ManagementAmit Kumar
 
Management by objective an imperative factor for shaping the salesforce morale
Management by objective an imperative factor for shaping the salesforce moraleManagement by objective an imperative factor for shaping the salesforce morale
Management by objective an imperative factor for shaping the salesforce moraleAlexander Decker
 
Four Key Attributes of a Sales Manager
Four Key Attributes of a Sales ManagerFour Key Attributes of a Sales Manager
Four Key Attributes of a Sales ManagerThe Naro Group
 

Similar to SALES FORCE MOTIVATION 8.pptx (20)

Relevant Business Mindset
Relevant Business MindsetRelevant Business Mindset
Relevant Business Mindset
 
The road to sales transformation
The road to sales transformationThe road to sales transformation
The road to sales transformation
 
Magnolia.ElderCare Services.2015
Magnolia.ElderCare Services.2015Magnolia.ElderCare Services.2015
Magnolia.ElderCare Services.2015
 
Getting talent on the right track
Getting talent on the right trackGetting talent on the right track
Getting talent on the right track
 
Mktg.5
Mktg.5Mktg.5
Mktg.5
 
CHAPTER 1 The Field of Sales Force ManagementNew Dimensi.docx
CHAPTER 1     The Field of Sales Force ManagementNew Dimensi.docxCHAPTER 1     The Field of Sales Force ManagementNew Dimensi.docx
CHAPTER 1 The Field of Sales Force ManagementNew Dimensi.docx
 
151Management of a Sales Force, 12th Edition151Management of.docx
151Management of a Sales Force, 12th Edition151Management of.docx151Management of a Sales Force, 12th Edition151Management of.docx
151Management of a Sales Force, 12th Edition151Management of.docx
 
Needs for achievement, affiliation, and power the possible sales manager’s ac...
Needs for achievement, affiliation, and power the possible sales manager’s ac...Needs for achievement, affiliation, and power the possible sales manager’s ac...
Needs for achievement, affiliation, and power the possible sales manager’s ac...
 
L&D's Role In Sales Enablement
L&D's Role In Sales EnablementL&D's Role In Sales Enablement
L&D's Role In Sales Enablement
 
Applying Learning Organization Insights to Marketing
Applying Learning Organization Insights to MarketingApplying Learning Organization Insights to Marketing
Applying Learning Organization Insights to Marketing
 
Don't Hire People Just Like You
Don't Hire People Just Like YouDon't Hire People Just Like You
Don't Hire People Just Like You
 
Don't Hire People Just Like You
Don't Hire People Just Like YouDon't Hire People Just Like You
Don't Hire People Just Like You
 
SPJ Q4 2012
SPJ Q4 2012SPJ Q4 2012
SPJ Q4 2012
 
What Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals PlayWhat Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals Play
 
What Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals PlayWhat Role Do Your Sales Professionals Play
What Role Do Your Sales Professionals Play
 
SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...
SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...
SiriusDecisions Sales Enablement Research Brief: Preparing Salespeople for (a...
 
Sales White Paper: The Growing Sales Organization
Sales White Paper: The Growing Sales OrganizationSales White Paper: The Growing Sales Organization
Sales White Paper: The Growing Sales Organization
 
Assignment on Strategic Management
Assignment on Strategic ManagementAssignment on Strategic Management
Assignment on Strategic Management
 
Management by objective an imperative factor for shaping the salesforce morale
Management by objective an imperative factor for shaping the salesforce moraleManagement by objective an imperative factor for shaping the salesforce morale
Management by objective an imperative factor for shaping the salesforce morale
 
Four Key Attributes of a Sales Manager
Four Key Attributes of a Sales ManagerFour Key Attributes of a Sales Manager
Four Key Attributes of a Sales Manager
 

More from KwekuJnr

Sales Functions).pptx
Sales Functions).pptxSales Functions).pptx
Sales Functions).pptxKwekuJnr
 
sales recruitment 9.pdf
sales recruitment 9.pdfsales recruitment 9.pdf
sales recruitment 9.pdfKwekuJnr
 
Effective Communication in Sales Mgt.pdf
Effective Communication in Sales Mgt.pdfEffective Communication in Sales Mgt.pdf
Effective Communication in Sales Mgt.pdfKwekuJnr
 
policy-and-theory-of-international-trade.pdf
policy-and-theory-of-international-trade.pdfpolicy-and-theory-of-international-trade.pdf
policy-and-theory-of-international-trade.pdfKwekuJnr
 
ITT 1.pptx
ITT 1.pptxITT 1.pptx
ITT 1.pptxKwekuJnr
 
lecture 4.pptx
lecture 4.pptxlecture 4.pptx
lecture 4.pptxKwekuJnr
 
LECTU 6.pptx
LECTU 6.pptxLECTU 6.pptx
LECTU 6.pptxKwekuJnr
 
IBR 5.pptx
IBR 5.pptxIBR 5.pptx
IBR 5.pptxKwekuJnr
 
IBR 2.pptx
IBR 2.pptxIBR 2.pptx
IBR 2.pptxKwekuJnr
 
IBR 1.pptx
IBR 1.pptxIBR 1.pptx
IBR 1.pptxKwekuJnr
 
MCS 358 UNIT 3.ppt
MCS 358 UNIT 3.pptMCS 358 UNIT 3.ppt
MCS 358 UNIT 3.pptKwekuJnr
 
MCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.pptMCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.pptKwekuJnr
 
MCS 358 INT CULT MGT.pptx
MCS 358 INT CULT MGT.pptxMCS 358 INT CULT MGT.pptx
MCS 358 INT CULT MGT.pptxKwekuJnr
 
MCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.pptMCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.pptKwekuJnr
 
Module 3 Packaging.pptx
Module 3 Packaging.pptxModule 3 Packaging.pptx
Module 3 Packaging.pptxKwekuJnr
 
Module 1 Overview of Logistics Managment.pptx
Module 1 Overview of Logistics  Managment.pptxModule 1 Overview of Logistics  Managment.pptx
Module 1 Overview of Logistics Managment.pptxKwekuJnr
 
Lesson 2.pptx
Lesson 2.pptxLesson 2.pptx
Lesson 2.pptxKwekuJnr
 
Introduction(0).pptx
Introduction(0).pptxIntroduction(0).pptx
Introduction(0).pptxKwekuJnr
 
STRATEGIC MGT SLIDES.ppt
STRATEGIC MGT SLIDES.pptSTRATEGIC MGT SLIDES.ppt
STRATEGIC MGT SLIDES.pptKwekuJnr
 
Distribution Channel Design Management.ppt
Distribution Channel Design Management.pptDistribution Channel Design Management.ppt
Distribution Channel Design Management.pptKwekuJnr
 

More from KwekuJnr (20)

Sales Functions).pptx
Sales Functions).pptxSales Functions).pptx
Sales Functions).pptx
 
sales recruitment 9.pdf
sales recruitment 9.pdfsales recruitment 9.pdf
sales recruitment 9.pdf
 
Effective Communication in Sales Mgt.pdf
Effective Communication in Sales Mgt.pdfEffective Communication in Sales Mgt.pdf
Effective Communication in Sales Mgt.pdf
 
policy-and-theory-of-international-trade.pdf
policy-and-theory-of-international-trade.pdfpolicy-and-theory-of-international-trade.pdf
policy-and-theory-of-international-trade.pdf
 
ITT 1.pptx
ITT 1.pptxITT 1.pptx
ITT 1.pptx
 
lecture 4.pptx
lecture 4.pptxlecture 4.pptx
lecture 4.pptx
 
LECTU 6.pptx
LECTU 6.pptxLECTU 6.pptx
LECTU 6.pptx
 
IBR 5.pptx
IBR 5.pptxIBR 5.pptx
IBR 5.pptx
 
IBR 2.pptx
IBR 2.pptxIBR 2.pptx
IBR 2.pptx
 
IBR 1.pptx
IBR 1.pptxIBR 1.pptx
IBR 1.pptx
 
MCS 358 UNIT 3.ppt
MCS 358 UNIT 3.pptMCS 358 UNIT 3.ppt
MCS 358 UNIT 3.ppt
 
MCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.pptMCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.ppt
 
MCS 358 INT CULT MGT.pptx
MCS 358 INT CULT MGT.pptxMCS 358 INT CULT MGT.pptx
MCS 358 INT CULT MGT.pptx
 
MCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.pptMCS 358 UNIT 4 MOTIVATING.ppt
MCS 358 UNIT 4 MOTIVATING.ppt
 
Module 3 Packaging.pptx
Module 3 Packaging.pptxModule 3 Packaging.pptx
Module 3 Packaging.pptx
 
Module 1 Overview of Logistics Managment.pptx
Module 1 Overview of Logistics  Managment.pptxModule 1 Overview of Logistics  Managment.pptx
Module 1 Overview of Logistics Managment.pptx
 
Lesson 2.pptx
Lesson 2.pptxLesson 2.pptx
Lesson 2.pptx
 
Introduction(0).pptx
Introduction(0).pptxIntroduction(0).pptx
Introduction(0).pptx
 
STRATEGIC MGT SLIDES.ppt
STRATEGIC MGT SLIDES.pptSTRATEGIC MGT SLIDES.ppt
STRATEGIC MGT SLIDES.ppt
 
Distribution Channel Design Management.ppt
Distribution Channel Design Management.pptDistribution Channel Design Management.ppt
Distribution Channel Design Management.ppt
 

Recently uploaded

Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 

Recently uploaded (20)

Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 

SALES FORCE MOTIVATION 8.pptx

  • 2. INTRODUCTION  What motivates a sales force?  It’s an age-old question, of course.  But these days, it’s arguably more important than ever, as organizations in many industries and different parts of the world face critical talent shortages that could impede their plans for growth
  • 3. INTRO CONT’D  It’s not just about the pay check.  Effective incentive compensation management is based on an understanding of basic human motivation— on the importance of trust, self-esteem, social recognition and improved chances to fulfil one’s potential.
  • 4. Learning objectives  After reading this unit, you should be able to: 1. State and explain the universal needs of every sales person. 2. Go back in order to go forward
  • 5. Universal needs  How can one best understand the factors that influence the motivation of a sales force?  One way is to return to the work of Abraham Maslow, a pioneering American psychologist who introduced, in the 1940s, a hierarchical understanding of basic or innate human needs.
  • 6.
  • 7. Compensation  Looking at the reconstructed figure, one can see fairly quickly why financial compensation alone is not sufficient to explain the motivations at work in a sales workforce.  Financial compensation—though not, strictly speaking, a physiological need—is analogous to the lowest tier of needs in Maslow’s hierarchy
  • 8.  It is basic and important, but it touches upon only one dimension of motivation, and a comparatively low-level one at that.
  • 9. Trust  Above physiological needs on Maslow’s hierarchy is the human need for safety and security.  In a sales context, this need can also be understood as one involving the level of trust a sales force has in how he/she is treated and compensated.
  • 10.  Trust is a difficult thing to establish within a sales organization when it comes to the complex and ever changing calculation of commissions.
  • 11. Esteem and a sense of belonging  Moving further up the modified Maslow hierarchy, we come to two principles that are closely linked in terms of motivating a sales force:  the need to belong and feel a part of a group, and the need to be held in esteem and receive recognition.  One important aspect of belonging and esteem is the respect accorded to individuals by senior management
  • 12.  But recognition from a peer group is also critical to motivating the sales force.
  • 13. Going back to go forward  In the face of complex performance environments and looming worker scarcity, sales executives must return to the basics of human motivation to understand why financial incentives alone cannot hope to move the behaviors of the sales organization in a direction that can support business growth.
  • 14.  When compensation is approximately equal among the sales forces of competing companies, those with a better chance of achieving high performance will be the ones that recognize the importance of such things as peer recognition and a trusting relationship between salespeople and management  It is vital to both personal and corporate success that critical workforces are given the tools they need to succeed in a more complicated marketplace.
  • 15.  Technology is a key enabler here.  Advanced solutions now provide real-time performance support for sales personnel at the time of need, and also provide links to companywide performance management systems