There’s no disputing that the key to any successful SPIFF lies in its incentives! As you begin planning your program, be sure to give special consideration to reward types and amounts. What will motivate your sales team to perform at their very best?
Speaking with your team members or even conducting a short survey is a great way to get an idea of the most effective rewards. Also, don’t be afraid to mix it up if you believe there’s a place for additional types of incentives. If your program is easy to understand and attractive for your salespeople, it will be far easier to hit your targets!
With that said, here are some common SPIFF rewards and their advantages.
To get your SPIFF rewards program started off strong, be sure to choose an experienced and proven administration partner! Since 2001, MarketNet Associates has provided major industry players with their expertise in the management of large SPIFF programs. 99.8% of MarketNet’s clients were thrilled with the high-value service they received! Learn more about SPIFFs and the best strategy for your business by giving MarketNet a call today at 847-358-6884!