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Corporate Recognition Program Resource Center
Click Here to Receive "7 Secrets to Sales Incentive Success"
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| We have compiled of short list of stories from companies that have run successful incentive programs. From increasing sales to influencing behaviors, these stories reinforce how incentive programs can have a positive impact on your organization. |
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Sales
Incentive Program |
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GE Lighting Systems ran an online incentive program that
motivated their team to conduct business over the web and increase sales over the previous year. The program allowed GE to easily promote product lines that were not performing and at the same time acknowledge the corporate digitalization goal because participants had to go online to retrieve product and program information. The program was a huge success with 100% of eligible participants actively involved in the online program and 96% of the team hitting their sales goals. (Source: Incentive Marketing Association, http://www.incentivemarketing.org/GELighting.html) Avis CEO David Sigel said, For every percentage point we can reduce turnover, that’s about $5 million to our bottom line. We spend about half a million dollars a year on employee recognition, and we are confident we are getting at least a ten-times return on that. (Source: Why I Bought a Performance Recognition Program- August 2003 issue of President and CEO Magazine) Aventis Pharmaceuticals ran a program with the intention of increasing overall sales, motivating participants to surpass quota in each product franchise and build teamwork between their sales associates, area managers, and regional directors. In the first quarter, sales revenue increased by 22.1% compared to the previous year. The program also increased communication between management and the sales associates and enhanced teamwork by making the groups work more closely together. (Source: Incentive Marketing Association, www.incentivemarketing.org/Aventis.html)
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