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It takes an average of 9 cold calls to attempt to reach a prospect. On average, every salesperson makes at least 220+ calls every day. Aren’t the sales teams working hard each day to approach the customers? Yes, they are… The organizations also help in boosting the motivation of the sales team now and then….
Tag: Employee Engagement
4Ps to successful partner relationship
When starting the automation process, it is essential to focus on four primary areas to build a robust relationship with channel partners through a Partner Relationship Management (PRM) solution or other solutions. Listed below are the 4P’s that make up the basis of any successful program. The categories below are indispensable and require a comprehensive…
Why rewards and recognition works wonders: understanding the psychology of channel partner motivation and engagement
Employee morale is critical in attracting and retaining talents. When confidence is low, it can lead to reduced productivity and employee satisfaction. The impact of robust channel partner engagement on sales volume, market share, brand reputation, and customer engagement is enormous. The performance of channel partners affects employee engagement as they serve as go-between vendors…
Evaluate your annual incentive plan for 2021 & beyond
With 2020 bringing an upheaval the situation will likely prevail into 2021. The best way to be able to flourish is to start planning. It is essential to adapt to the new normal by reimagining annual and long-term incentive plans for 2021 and beyond. It has now sunk in that the pandemic and its assorted…
Ideas for creating a holiday rewards program for your channel partners
The COVID-19 pandemic has decidedly had a long-term impact on shopping habits, leaving brands and retailers scrambling. Despite the ongoing crisis, loyalty programs have remained a viable retention tool. Here are a few holiday reward program ideas: 1. Launch the program before the holidays Around the holiday season, while traditional stores and retailers will be…
The 5 Latest Trends in FinTech Software
The coronavirus crisis is literally changing the way we transact, deal with, record, and use money. This emerging so-called ‘Low-Touch, High-Tech’ economy is literally driving enterprises to migrate their businesses online. Fintech development is poised not just to grow but to boom. If previously, both traditional companies and laid-back customers had reservations about innovations like…
5 Tools Every HR Should Use to Enhance Employee Experience
Studies show that disengaged employees cost U.S. companies up to $550 billion a year. In the rapidly changing workplace landscapes, the role of the HR department is more comprehensive than just recruitment. This includes focusing on other aspects of the company such as employee engagement. Healthy and engaged employees, in concert with strong workplace culture, are…
Why is Employee Recognition so important?
Employee recognition plays a very important role in today’s competitive Human Resource market to attract and retain employees. HR departments have started to use advanced tools & techniques to attract top talent and persuade to take their job offer. Employee recognition programs are very crucial for effective functioning of the organisation: Gallup’s poll also found out…
What does it take to boost Employee Engagement?
Reward and Recognize those employees who go above and beyond their designated work. Who doesn’t like a pat on the back – even the power of a simple ‘thank you’ for a job well done can do wonders for staff morale. Having a dynamic rewards and recognition program can reap significant benefits for employee engagement….
