ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A decision
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An incentive
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A cost
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A want or need
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Detailed explanation-1: -Bonuses: Reward team members who hit their quotas with extra money. Commissions: Giving your agents a percentage of every new sale they make is a sure way to increase sales numbers. Salary raises: Offer a salary increase to sales professionals who perform well at the end of sales cycles.
Detailed explanation-2: -According to The Free Dictionary, sales incentives are “remuneration (rewards) offered to a salesperson for exceeding some predetermined sales goal”. These rewards may be tangible, intangible, experience, monetary or non-monetary rewards.
Detailed explanation-3: -Sales incentives are rewards for sales reps for accomplishing their sales goal. The incentive could be monetary or non-monetary, with the underlying aim being the same: to encourage your sales team to meet their goals. As a sales leader, you need both: Sales incentives programs to motivate individual reps and.
Detailed explanation-4: -Cash. Reward your top team members with cash when they hit their targets or meet a certain milestone. Bonus checks. Alternatively, the reward can come in the form of bonus checks. Employee discounts. Gift cards. Verbal recognition. Peer to peer recognition. Public recognition. Official awards. More items •17-Aug-2021