sales-incentives

Vocabulary Word

Definition

'Sales incentives' are rewards or benefits given to salespeople to encourage them to sell more. It's a strategy to boost sales in a company.

Examples in Different Contexts

In employee motivation, 'sales incentives' are rewards or bonuses offered to sales staff to encourage higher sales performance. An HR manager might propose, 'Implementing a tiered sales incentives program will motivate our sales team to exceed their targets and increase overall productivity.'

Practice Scenarios

Business

Scenario:

Our sales team has been doing well, but I'm thinking of ways we could further inspire their performance. What do you think?

Response:

Introducing lucrative sales incentives sounds like a good plan. It could potentially improve their enthusiasm and drive for sales.

Tech

Scenario:

The new software is proving difficult to adopt for some. How might we incentivize its adoption to boost upselling?

Response:

To incentivize software adoption, how about creating a sales incentive program that rewards the most successful salesman of upgraded software packages?