Have you ever wondered what real benefits your company could gain from implementing an incentive program ? Not only would you gain the ability. To motivate your sales network and your distribution channel . But the advantages go much further.
Contrary to what one might think.
The implementation of an incentive program does not require a large investment. Since it never exceeds 0.32% of the company’s total turnover. According b to c database to statistics.
Why have an incentive plan?
One of the main benefits you get from implementing an incentive system is the ability to closely monitor your sales , both at a general level and at a specific level for each of your products or services. You can find out which products or services are being purchased the most . For example, when it comes to 7 reasons why your customers flee from your e-commerce products that are sold in smaller quantities. You could reinforce the sales incentive at a general level. Or even in those areas where sales have been lower. But how can you boost these sales? There are different options, such as launching different communication and reactivation campaigns .Whether they are aimed at the end customer or at your sales network or distribution channel .
In addition, you can also identify where the core of your business is. Thus finding out which is your best-selling product, what role your end customer plays and how active they are. You will have access to information on whether your sales network and distribution channel are the main players in making your business run well, or if. On the contrary, suppliers are the ones that play a decisive role in your sales.
cross-selling of your products or services
As you can see, the amount of data you acquire by carrying out an incentive program can help you study possible lines of growth in your business and promote the , thus achieving the objectives set, both for the company and for the participants in the incentive program.
However, there are various resources that must be taken into account for an belgium numbers effective incentive program . We are talking, above all, about communication . Both at the time of launch and throughout the program, and the reactivation of users , so that all participating members are active and motivated.
At Galanta , we have seen first-hand the quantitative and qualitative benefits of incentive programs.From increasing a company’s total sales to creating positive internal dynamics among employees. Please do not hesitate to contact us if you need advice.We will be happy to assist you.
