Category: Sales Incentives

Sales Incentive programs

Easing Into the Online B2B World: Utilizing Channel Sales Incentive Programs

snail mailA recent posting on the highly useful Marketing Profs newsletter provided some excellent insights into How B2B Commerce is Changing. The article, written by Ayaz Nanji, presents and analyzes the results of a survey of:

— how business-to-business (B2B) interactions are changing,

— why these changes are occurring, and

— the challenges that companies face in adapting to and facilitating those changes.

In general, the survey and accompanying analyses reinforce the not-surprising message that multiple factors are changing B2B commerce in much the same way that those factors have influenced B2C commerce. In summary, what has historically been a hands-on, offline experience is rapidly becoming one that is increasingly online and reliant on self-service.

While this overall message and the supporting survey results were interesting, one data point in particular has implications for the incentive program service provider.  And that point is that 47% of survey respondents cited “Bringing customers from offline to online self service” as a challenge to capitalizing on the trends in B2B commerce. I read that to say that resistance to change can be an obstacle to adoption.

At Quality Incentive Company, we have direct experience that suggests that one effective way to address this challenge is to implement  points-based channel sales incentive programs that award customers for placing orders online rather than using traditional methods. Naturally, a prerequisite to applying such a program is the vetting of the online tools it supports to ensure that they deliver a better, more efficient commercial experience for the customer. Assuming that this important precondition has been met, incentive programs of this type have proved to be extremely effective in raising customer awareness – and eventual adoption – of those online commercial tools vital to the long-term success of companies in the B2B sector.

Teamwork, Kickball, and Employee Incentive and Recognition Programs

It was a cool fall night. The field was lit up with lights, the grass had been mowed, and the infield dirt was fresh. My non-intimidating, adult kickball team showed up to play against a team that had already defeated us 3 times before. Half of our team was missing and we were on a… Read more »

Channel Sales Incentives and Free Parking – a Practical Lesson

Ease-of-use is an oft-cited and arguably overworked term.  But in my experience, ease-of-use can many times facilitate frequent use.  Here’s one example. How often have you set out on a shopping expedition, errand, dining experience, etc., and been frustrated by the inability to find a parking space near your desired destination? Or, if you were… Read more »

Employee Recognition and Incentive Programs … Mysterious or Meaningful?

The Voynich Manuscript … The Great Pyramids … Stonehenge – fascinating mysteries to be sure.  If you’re hesitant regarding the implementation of employee recognition, customer incentive, safety incentive or sales channel incentive programs because you view the task as mysterious as these … relax, rethink, and reconsider! Allen Schweyer, Principal and Partner at Human Capital… Read more »

When the Music Stops … Closing out Employee Recognition and Incentive Programs

Since we make our living at Quality Incentive Company designing and operating ongoing employee recognition and incentive programs, we try not to spend a lot of time thinking about what happens when a program reaches the end of its life cycle. But the fact is that most programs have an endpoint. A recent article by… Read more »

C.Y.A. … Communicate Your Actions Prior to Implementing Changes to Incentive or Recognition Programs

Allow me to open this post with a disclaimer. I have been a loyal Delta Air Lines customer for many years and generally have a high regard for their service. With that in mind, please read on. As a loyal Delta customer, I am also an active member of their SkyMiles program and am very… Read more »