When you want above and beyond results from your sales team, you need to offer above and beyond compensation. One way to do that is by having contests. Contests are a great way to engage your sales team and provide the extra push for extra performance. Whether you’re in B2C or B2B, contests can be very effective because we are all consumers at heard and we can all relate to the idea of winning something. Here’s how you can use contests to boost your sales enablement.
Rather than making a contest about closing deals and essentially duplicating your commission program, make your contest about steps in the deal-closing process. For example, making a contest for getting in-person meetings with customers and prospects, will set you up for more sales in the long term as your reps build relationships with customers and start them on the buying process.
On the other side, your underperformers will often feel that they have no chance of winning against the big guys who are already dominating the sales department and also not engage with the contest.
This leaves two options: 1, rely on your middling sales reps to engage in the contest and hope your sales team is large enough that the folks in the middle of the spectrum can move the needle for you, or 2, structure the contest in a way that people at every level feel they can compete.
Look to boxing as an example for engaging your sales team. While the heavyweight championship gets most of the attention and glory, boxing has many different weight categories for fighters to compete in, including welterweight, bantamweight, and featherweight. Consider dividing your contest into tiers like boxing does, grouping salespeople together by performance, experience, or any other differentiator. This will make for a more fair contest and one that will engage all of your sales team.
Keep these tips in mind next time you need to boost sales or want to host a contest!
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