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
Bettina Kaemmerer

Sales Compensation Expert
Bee-Comp

Diana Romanovsky

Technical Content Creator
InnoVyne

Bettina
Bettina Kaemmerer

Sales Compensation Expert
Bee-Comp

Diana Romanovsky

Technical Content Creator
InnoVyne

Driving Sales Success: The Fascinating Intersection of Sales Performance Management and Behavioral Economics

Download our whitepaper to learn the powerful intersection between the principles of behavioral economics and sales performance management
Whitepaper

Driving Sales Success: The Fascinating Intersection of Sales Performance Management and Behavioral Economics

Download our whitepaper to learn the powerful intersection between the principles of behavioral economics and sales performance management
Whitepaper
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