Special incentives for rewarding top sellers

Assignment Help Marketing Management
Reference no: EM131320578

Sales Incentives

In order to generate long-lasting sales success, a sales manager needs to create special incentives for rewarding top sellers. Salespeople are often paid a base salary, plus incentives for attaining sales targets. Two types of incentives are commonly used-a lump sum bonus when salespeople hit their target or a commission for every sale beyond their target. Which is better? What other sales incentives could you offer your sales team? Make sure you explain your reasoning and use evidence to support your claims.

Your paper should meet the following requirements:

  • 3-4 pages in length, not including cover and reference pages.
  • Formatted according to APA Requirements.
  • Cite a minimum of three sources, two of which should be academic peer-reviewed, scholarly sources to support your responses-in addition to your textbook.

Reference no: EM131320578

Questions Cloud

Discuss the evolution of the half-wave dipole : Justify the approximations involved in evaluating the integrals in the determination of the radiation fields due to the half-wave dipole.
What was the previous day asked price in dollars : Locate the Treasury issue in Figure 6.3 maturing in November 2044. Assume a par value of $1,000. What is its coupon rate? What is its bid price in dollars? What was the previous day’s asked price in dollars?
Discuss the roles you believe that families should play : In the order of their relative importance, discuss the roles you believe that families, schools, and government should play in the prevention of juvenile delinquency. Justify your response
Write a script that stores the time it takes a command : Write a script that stores the time it takes a command (your choice of command) to run in three variables, real, user, and system, corresponding to the three default times that time prints.
Special incentives for rewarding top sellers : In order to generate long-lasting sales success, a sales manager needs to create special incentives for rewarding top sellers. Salespeople are often paid a base salary, plus incentives for attaining sales targets
New jersey fund-municipal fund and taxable fund : Suppose you’re evaluating three alternative MMMF investments. The first fund buys a diversified portfolio of municipal securities from across the country and yields 4.05 percent. Calculate the aftertax yield for each of the alternatives. Which of the..
Create a new topic and report any observations you make : Create a new topic and report any observations you make about the sort of information you see in the output of the packet stream. Save your capture and post the .pcap file with your conference response.
Critical thinking assignment tips : For this week's Critical Thinking Assignment, you are being asked to assess an organization's marketing management through evaluation of the business environment. You can choose a company that is familiar to you or consider Allstar Brands from the..
Find the value of r at which the amplitude of the radiation : Find the value of r at which the amplitude of the radiation field term in equation (9.23a) is equal to the resultant amplitude of the remaining two terms in the -component.

Reviews

Write a Review

Marketing Management Questions & Answers

  Talent management and workplace diversity

Talent Management and Workplace Diversity, From the e-Activity, recommend one (1) talent management strategy that both addresses the needs of a multi-generational workforce and supports an organization's recruitment and maintenance of quality emplo..

  Marketing strategy for a new product

Marketing Strategy for a New Product

  Retailer future marketing direction

Choose a retailer and conduct a full portfolio analysis on their current and future situation using an appropriate business tool. You should also complete an external audit and consider the implications this may have on the retailer's future marke..

  Marketing management and planningdeveloped a situation

marketing management and planningdeveloped a situation analysis for a selected company culminating in a swot analysis.

  How each company is conducting their research

Find out if there is information about how each company is conducting their research.(FedEx & UPS) What do they measure? For example, is employee and customer loyalty being measured? Are their products different in other countries

  Explain e-commerce and porter''s framework of competitive

Explain E-commerce and Porter's Framework of Competitive Forces and review of the e-commerce website

  Products tend to go through certain stages during their

products tend to go through certain stages during their life on the market. there are particular marketing

  Explain brief notes on operations and planning and control

Explain Brief Notes on Operations and Planning and Control and Write brief notes on the applications of the following in production operations

  Marketers engage in product differentiation

Question 1: Questions such as "How often would you buy this product?" and "Which features are of little or no interest to you?" are often proposed during Question 3: Three major ways in which marketers engage in product differentiation are

  Locate recent article discussing major cyber security breach

Discuss how the breach occurred, what information was obtained, the identity of the suspected hackers, and how the "hacked" information was probably used.

  Evaluate your campaign for the selected product

Develop characteristics of the product that you want to promote in your advertising campaign using Table 10-2 in Chapter 10. Determine which dimension best suits the selected product, and build a promotion-focused or prevention-focused campaign.

  What would you expect to be the same

Compare and contrast a four Ps approach to marketing(see below) versus the value approach (creating, communicating, and delivering value). Select and examine these approaches for at least one routine and non-routine problem. What would you expect..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd