Hi, I am looking for innovate ways of creating a sales incentive policy for my sales staff. Most companies create policies based on sales targets and achievements and that is easy to do, but I've noticed that successful companies should tend to focus on collection rather than top or bottom lines.
So one of the ideas I thought of was incentivising them on getting a certain chunk of payment. Eg: 0.5% on Rs. 50,000 or 1% on Rs. 1,00,000. The idea is that they can only extract such payments from dealers if the sale happens. Hence the thought. Hope you guys can help me out.

From India, New Delhi

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service





All rights reserved @ 2021 Cite.Co™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server