Sales Incentives Calculation: Can Anyone Share Their Approach or Tips?

vanitavirmani
Hi Everyone,

How do we calculate sales incentives? Can anyone help me with that?

Regards,
Vanita
avsjai
Hi,

Generally, incentives are calculated for the extra or additional productivity achieved by an individual or a group of people. The incentive that is set should also serve as a motivating factor for those who receive it. Incentives given solely for the sake of giving incentives will not yield any meaningful results for either the recipient or the provider.

AVS
vkvijayan
Hi,

Set the target in quantity or value. Fix the minimum achievement percentage. You can add parameters like gross profit percentage and inventory percentage.

Vijayan
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