Behavioral Economics: The Secret to Sales Performance Incentives that Work
Summary
There’s a powerful intersection between the principles of behavioral economics and sales performance management—and at that intersection, you can find the secret to creating performance incentives that work.
With sales incentives, you’re trying to drive a particular behavior…but human behavior is not entirely rational: competition, bragging rights, winning a complicated client or closing a big deal may be just as motivating—if not more!—as financial incentives. Behavioral economics blends psychology and economics to give you insight into what motivates your workforce so you can create more effective incentives that are holistic, nuanced, and aligned with your company’s goals. Join this webinar to learn from industry experts how you can use behavioral economics concepts to:
✅ Sculpt successful incentive models
✅ Foster strategic alignment
✅ Enhance efficiency within your salesforce
Overview
Duration : 45 minutes
Speakers
Bettina Kaemmerer
Sales Compensation Expert
Bee-Comp
Diana Romanovsky
Technical Content Creator
InnoVyne
Bettina Kaemmerer
Sales Compensation Expert
Bee-Comp
Diana Romanovsky
Technical Content Creator
InnoVyne