Our website is a unique platform where students can share their papers in a matter of giving an example of the work to be done. If you find papers
matching your topic, you may use them only as an example of work. This is 100% legal. You may not submit downloaded papers as your own, that is cheating. Also you
should remember, that this work was alredy submitted once by a student who originally wrote it.
This essay "How I Increase the Motivation of my Sales Team" presents incentives and bonuses that are a part of the motivation. Incentives are motivating if they are specifically personalized to the unique needs of those salespeople you are trying to motivate…
Download full paperFile format: .doc, available for editing
Extract of sample "How I Increase the Motivation of my Sales Team"
How I increase the motivation of my sales team Today competitions and marketing strategies have under gone tremendous changes. As marketing becomes more complicated and customers become more demanding, sales is increasing its role to become a more critical interface between a company and its customers. Sales, or the activity of selling, form an integral part of commercial activity. Sale is considered to be an art. The methodological approach of selling refers to it as a systematic process of repetitive and measurable milestones, by which a salesperson relate his offering enabling the buyer to visualize how to achieve his goal in an economic way. The primary function of professional sales is to generate and close leads, educate prospects, fill needs and satisfy wants of consumers appropriately, and therefore turn prospective customers into actual ones (Wikipedia, 2006).
Most of the sales officers ask a common question as to how to keep their sales team motivated and always on an achieving mode. Several people have thought about this and have proposed several techniques that, when properly implemented, will help in developing a highly charged and motivated sales team. Motivation is an interesting subject, which has intrigued researchers for decades. Motivation is a state of mind which is influenced by the environment, by those around and above all by us (Yates, 2002).
For any activity weather it is in sales or job, goal setting is one of the most important steps. In order to motivate the sales team, it is essential that while setting the goals for them for a month or a year. This gives the people a good feeling of involvement and self satisfaction. It also improves the self image of the individual as he/she feels important. Most of the good managers recognize that involving their team members will generate a higher level of buy-in. Effective sales managers give their team a general idea or the overview of the big picture and what the company needs to achieve. Then, they work with each person to establish individual targets that will meet or exceed the corporate objectives. Making the sales team aware of the fact that they are the people who make up the company and are the most valuable assets to the company, the team will definitely be motivated to perform better.
While setting the goal it is important to see to it that goal must be specific, it should be motivating, achievable, relevant and time bound. Goals should have a 75% chance of success at the same time it should also be challenging the sales representatives to push themselves beyond their existing comfort zone.
Proper communication is another important aspect of sales. Weather it is to the customer or collogues or senior officers. This would help in People are naturally curious and want to know how they are doing. Im not suggesting you reveal confidential information but I do recommend you share information about the overall status of the company. If sales are down and you need people to focus on generating new accounts or business then tell them. If costs are climbing then advise your employees that they need to be aware of their expenses.
Frequent update meetings, email correspondence, broadcast voice mails are some of the ways you can communicate with your team on a regular basis. Another effective method is through casual discussions. Employees want to know where they stand and, all but a few, want to do a good job. They want to know how, you, as their manager, view their performance. Thats why it is critical that you give them direction and feedback on a regular basis. Unfortunately, many managers are uncertain to provide feedback on negative performance because they are afraid of the potential conflict that may arise. Yet, most employees can accept constructive criticism, providing it is delivered in a professional manner.
Recognition is the next aspect that people are looking for. People will work harder for someone who recognizes the effort they put into their work. Praising an employee or the member of the sales team is not a difficult process. It also needs to be very specific for a particular work being completed. The proper mode of feed back will motivate the sales team and urge them to perform even better the next time.
Sales people are a wealth of information and can often add important suggestions to improve the business. Many managers say they have an open door policy but, in reality, will only listen to an employee if his or her ideas are in sync with their own. If you truly want to create a team of highly motivated employees take the time to listen to their comments and ideas. Foster an environment that encourages the open sharing of information. Great leaders are always open to new ideas and methods of improving business and some of the best ideas come from the front-line staff.
It is essential that you must demonstrate enthusiasm, energy, team cooperation, honesty, integrity and commitment. Treat people with respect and dignity. Give them the tools to excel, grow and develop. Encourage them to participate and get involved. Solicit feedback, listen to their comments, and act on suggestions that will help your business succeed. Set and communicate high standards, provide positive reinforcement when your team members perform and involve them. You will soon see a team that will do almost anything to help you succeed! (Robertson, 2006).
Marketing strategies need to include pre-planning sections where in the representative need to have a rehearsal section in front of a sales team of their own colleagues. This will help to improve the confidence in him. Besides when the sales officer sincerely appreciates the efforts put by the representative, it will boost up the confidence and will help in achieving the goals of the company. Weekly call review and role playing sessions will definitely help self assessment and sale improvement. These are also sessions that sales team gets to spend time with the fellow salesman. This gives them an opportunity to learn from each others successful techniques in sales.
In selling, as in all other professions, there are many people who are just are work for the sake of money. These are men with small vision. But there are also about 20 % of the sales representatives who do 80 % of the business. They are highly motivated people and consider selling as the greatest business in the world. These are men with a purpose in life and business. The outstanding characteristic of these salesmen is their creative approaches to everything they do when business falls off and they do not blame their lack of business opportunity. They create their own opportunities. They diagnose their own problems and find solution to all of them on there own.
Finally, it can be said that incentives and bonuses are a part of motivation. Incentives are motivating if they are specifically personalized to the unique needs of those sales people you are trying to motivate. A sales person gets his ultimate motivation, when his work is recognized and he gets an ultimate work satisfaction when his targets are achieved with high standards. It is essential to understand that todays sales people anticipate more from their job in the way of feeling valued, respected, involved and appreciated in the organization if you want them to perform at their best. So, while there are numerous possibilities for recognizing sales efforts, the most effective are the simple, personal ones a pat on the back or a sincere thank you for a job well done will go a long, long way.
Work Cited
Robertson, K. Sales Motivation For Your Sales Representatives 2006, Blue Boulder Internet Publishing, 2 April 2006
Wikipedia, Sales 27 March 2006, Wikimedia Foundation, Inc. 2 April 2006
Yates, P. How motivated are you? 04 January 2002, All about medical sales.co.uk. 2 April 2006
Read
More
Share:
CHECK THESE SAMPLES OF How I Increase the Motivation of my Sales Team
Reinforcement theory emphasizes the role of rewards and punishment in influencing the motivation of the employees.... This case study examines how the management of Innocent Drinks applies different motivation theories within its organizational structure to build the highly motivated and winning team.... The author of this case study "Intrinsic motivation at Work" casts light on the organization behavior.... The company's management places emphasis on staff motivation, but, unlike other contemporary organizations, it integrates motivational theories with a personalized approach that caters for the needs of every employee in the organization (Food manufacture....
As the worker is always a small part of the team, his behaviour will be more of one in the crowd, and not highly individualistic.... There are areas like sales, where keeping people motivated without pay and incentives could be difficult.... Pay definitely is the source of motivation to do better work and this perhaps depends on the kind of motivation the worker is looking for.... No doubt, there is an enormous impact when the minimum wage is increased; but motivation could be connected to many needs and desires....
This memo is a note to the sales manager about setting an appropriate sales compensation plan which can be used in concert with other tools in order to properly motivate our sales team.... The primary motivation for working in a sales career is not money, but esteem, a sense of self-worth and accomplishment, and the Managing Human Resources Phase 2 DB This memo is a to the sales manager about setting an appropriate sales compensation plan which can be used in concert with other tools in order to properly motivate our sales team....
(2006), these internal factors include a perceptual filter, knowledge about products, attitude towards the brand, personality of the consumer, lifestyle of the consumer, perceived roles of consumer, and their overall motivation for making the purchase.... For example, one might engage with the questions of why consumers buy or how consumers buy and what influences their purchasing.... This leads the reader to understand that a consumer's choice and buying behavior is localized and will not be the same among individuals and businesses need to understand how to target the consumers from various backgrounds and lifestyles....
This paper ''the motivation of Customers'' tells us that research findings have potent that customer motivation is an essential ingredient in the performance of a financial institution all over the world.... The study here is aimed at providing additional information to the study of organizational operations relating to the motivation and effectiveness of the organization.... my first appreciation and thanks go to Allah Almighty for the strength, power, and health He granted me during the period of writing this paper to its completion....
t is important for the motivation of salespeople to be sustained.... If Herzberg theory holds, then management should recognize these other factors in order to find out what motivates people in their sales team.... Most managers would like to think that figures the ultimate driving force for their team.... While money is not the by all and the end-all of being a good salesman, it is relevant for the sales managers to take care of each individuals motivation in the team....
However, getting excellent results with Six-Sigma requires adequate motivation of implementers, which is only possible with an effective motivation programme in place.... Achieving set goals requires having the right team.... Six-Sigma Black Belt professionals are charged with the responsibility of selecting the right team and allocating individual team members tasks they are well suited to complete.... Selecting the right persons to complete tasks requires a rigorous training in team roles....
The paper "Effective team and Purpose Management" is a perfect example of a management essay.... The paper "Effective team and Purpose Management" is a perfect example of a management essay.... The paper "Effective team and Purpose Management" is a perfect example of a management essay.... team building in an organization is important because it helps understand someone's weakness and energise him (Hiam 2008, 56).... team working emphasises achieving one target at a time....
7 Pages(1750 words)Essay
sponsored ads
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"How I Increase the Motivation of my Sales Team"
with a personal 20% discount.