Article
The key to a successful sales incentive lies in the planning. According to research, 90% of the top-performing organisations use sales incentives to motivate, recognise, and reward their salespeople.
However, while organisations may mean well, the sheer existence of a sales incentive doesn’t automatically yield the desired results. For sales incentive plans to be effective, organisations need to carefully consider what will work for them.
In this article, we will explain the concept of a sales incentive plan, provide an overview of the various types of plans and incentives, discuss how to create sales incentive goals and explore some of the best practices when it comes to planning.