Chapter 11 Sales Force Motivation PowerPoint presentation prepared by Dr. Rajiv Mehta New Jersey Institute of Technology Chapter Outline • Foundations of Motivation • Applying Contemporary Motivation Theories to Sales Management • Using Rewards and Incentive Programs for Sales Force Motivation • Sales Force Motivation Strategies and Tools • Additional Perspectives in Twenty-First Century Sales Force Motivation Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 2 Learning Objectives After reading this chapter, you should be able to do the following: 1. Understand the nature of motivation. 2. Apply contemporary theories of motivation to sales management. 3. Design reward and incentive programs to motivate salespeople. 4. Develop sales contests and sales meetings to motivate salespeople. 5. Use organizational commitment, career stage, and empowerment to motivate a sales force. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 3 Foundations of Motivation • Motivation is the set of dynamic interpersonal processes that cause the initiation, direction, intensity, and persistence of work-related behaviors of subordinate salespeople toward the attainment of organizational goals and objectives. – Direction means tasks on which the individual will focus effort. – Intensity refers to the amount of physical and mental effort expended on a given task. – Persistence refers to the duration of the effort an individual will exert. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockybte 11 | 4 Applying Contemporary Motivation Theories to Twenty-First Century Sales Management 1. Content theories • • • • Content theories provide insights into employees’ needs for rewards and recognition, which can help sales managers design compensation plans and rewards that motivate salespeople. hierarchy of needs theory existence, relatedness, growth (ERG) theory needs theory dual factor theory Contemporary motivation theories 2. Process theories 3. Reinforcement oriented theories also known as organizational behavior modification theory Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. • • • • Process theories emphasize the kind of goals and rewards that motivate people. Specifically, they try to explain the thought process of employees and identify actions that fulfill their needs. equity theory expectancy theory attribution theory goal-setting theory 11 | 5 Maslow’s Hierarchy of Needs • • • Maslow’s hierarchy is one of several motivation theories that explain human behavior. Humans satisfy lower-level needs before attempting to satisfy the next higher-level need. What are Maslow’s five levels of needs? higher- level needs lowerlevel needs Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 6 Maslow’s Hierarchy of Needs Maslow’s hierarchy is one of several motivation theories that explain human behavior. self-actualization higherlevel needs esteem needs social needs safety needs lowerlevel needs physiological needs How can this theory be used in sales management? Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 7 Existence, Relatedness, Growth (ERG) Theory 1. Existence • similar to Maslow’s physiological and safety needs ERG theory 3. Growth 2. Relatedness • similar to Maslow’s social and esteem needs • similar to Maslow’s selfactualization needs Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 8 Needs Theory 1. Need for power • reflects the drive to dominate, influence, and have authority to control others Needs theory 3. Need for affiliation 2. Need for achievement • the strong urge to master and accomplish difficult tasks • the desire to establish friendships, to have close working relationships with peers as well as customers, and to avoid conflict Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 9 Dual Factor Theory (aka Motivation-Hygiene Theory) 1. Motivation factors • • • Dual factor theory Sources of satisfaction are called motivators because they are necessary to stimulate individuals to superior efforts. They include responsibility, achievement, recognition, and opportunities for growth and advancement. When present, they motivate salespeople; if absent, they demotivate them. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 2. Hygiene factors • • Hygiene factors are extrinsic aspects of the job, such as company policies, pay level, fringe benefits, working conditions, and job security. When present, hygiene factors do not actually induce positive motivation in salespeople; their absence, however, leads to salesperson dissatisfaction and demotivation. 11 | 10 Equity Theory • Equity theory of motivation suggests that employees compare their relative work contributions and rewards with those of other individuals in similar situations. • Employees experience inequity when they feel either under- or over-rewarded for their contribution relative to that of others. – Those who feel under-rewarded decrease their work efforts; people who feel overpaid tend to increase theirs. • If salespeople perceive inequity, remedy the situation. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockbyte 11 | 11 Expectancy Theory • Expectancy theory of motivation proposes that individuals contemplate the consequences of personal actions in choosing different alternatives to satisfy their needs. • Symbolically, n Ei I j V jk • Motivation = j 1 – Ei = Expectancy is the salesperson’s perception that exerting a given level of effort will lead to higher achievement. – Ij = Instrumentality is the salesperson’s estimate of the probability that achieving a certain level of improved performance will lead to the attainment of certain rewards. – jk = Valence is the desirability of a potential outcome or reward that the salesperson may receive from improved performance. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Triangle Images 11 | 12 Attribution Theory • Attribution theory identifies the reasons for a given outcome and contends that people are motivated to know why an event occurred and why they succeeded or failed at a certain task. • An internal attribution is a reason within the salesperson that could affect performance (ability, effort, skill, and experience). • An external attribution is an explanation that lies beyond the salesperson’s realm of control (luck, territory, or task difficulty). • The outcome is that salespeople can choose either to work harder or to work Source: Stockbyte smarter. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 13 Goal-Setting Theory • Goal-setting theory attempts to increase motivation by linking rewards directly to salespersons’ goals. • Sales managers should set these types of goals: – goals for individual salespeople – goals that are moderately difficult to achieve – goals that the salesperson will want to accomplish • Successful implementation of goal setting includes the following: – Involve the salesperson in the goal-setting process to set realistic goals. – Meet and reset goals if conditions change. – Fix goals that can be measured (time or dollar volume). – Provide positive feedback on how to correct shortfalls. – Provide timely public recognition for goal achievement. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockbyte 11 | 14 Goal Setting • To see an excellent video on using goal setting to motivate the sales force, go to – http://www.sellingpower.com/video/index.asp?date=2/8/2007 Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 15 Reinforcement Theory of Motivation (aka Organizational Behavior Modification) • This theory uses principles of learning to strengthen, maintain, or eliminate behaviors through rewards or punishments. • Here are four approaches: – Positive reinforcement provides a reward for a desired behavior (bonus for opening new accounts). – Negative reinforcement allows salespeople to avoid an undesirable outcome. – Punishment provides sanction when salespeople display an undesired behavior. – Extinction provides no positive reinforcement after an undesirable behavior. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockbyte 11 | 16 To Motivate Salespeople, Sales Managers Must Recognize • • • • • All salespeople are different. Motivators change over time. Once financial security is achieved, other motivators must be considered. Praise and recognition are extremely important motivators for all salespeople. For salespeople to do their jobs well, they need the following: – – – – to be told what is expected of them to be trained to perform properly to be evaluated fairly and regularly to be rewarded for performance Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockbyte 11 | 17 Articles on Sales Force Motivation • To read articles on motivating the sales force, go to – http://www.optimalthinking.com/sales-force-motivation.html – http://www.inc.com/resources/leadership/articles/20070801/mus selwhite.html • Read about sales motivation and the role of leadership at – http://ezinearticles.com/?Sales-Motivation-and-the-Role-ofLeadership&id=701426 • Read an excellent article on sales leadership, motivating your sales team to the next level, at – http://www.agora-business-center.com/0907b2b.html Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 18 Using Rewards and Incentive Programs for Sales Force Motivation salary, stock options, profit sharing recognition, plaques, rings cash, travel, awards 1. Extrinsic rewards 5. Recognition Reward and incentive programs 4. Intrinsic rewards respect, status, control, accomplishment Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 2. Sales incentive programs 3. Promotion opportunities career path with promotions 11 | 19 Sales Incentives Programs • To see a video on sales incentives, go to – http://www.sellingpower.com/video/index.asp?date=1 0/31/2006 Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 20 How to Run a Sales Incentive Program • To see an excellent video on how to administer a sales incentive program that motivates the sales force, visit – http://www.sellingpower.com/video/index.asp?date=4 /27/2007 Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 21 Sales Force Motivation Strategies and Tools 1. Sales contests Motivation strategies Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 2. Sales meetings 11 | 22 Sales Contests 1. Sales contests: purposes – increase number of new customers – develop sales of a new product – counteract sales slumps due to seasonal variations 2. Contest themes – summer contest – holiday contest 3. Contest rules 4. Contest rewards and prizes Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 23 Sales Contests 5. Salesperson participation 6. Contest duration 7. Promoting the contest 8. Assessing contest Effectiveness 9. Potential pitfalls of contests Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 24 Why Some Sales Contests Are Losers • overestimating goals • neglecting to publicize the contest • rewarding only the top salespeople • leaving spouses at home • viewing the sales contest as a panacea Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockbyte 11 | 25 Sales Meetings • National, regional, and local meetings – National meetings are held once a year. – Regional meetings are held three to four times a year. – Local meetings are regularly held. • Planning sales meetings – Establish meeting goals. – Select a theme on the purpose of the meeting. – Develop a tentative agenda or program for the meeting. – Develop and finalize the program and budget. – Coordinate closely with all participants. – Provide handouts. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Source: Stockbyte 11 | 26 Sales Meetings • competitive spirit • specialized training • change of pace • video conferences Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 27 Websites for Firms That Help Develop Sales Force Motivation Programs • To peruse the websites of various firms that specialize in developing sales motivation programs, go to – http://www.maritzincentives.com/incentives-salesincentives.html – http://www.hallmarkinsights.com/corp/sales.html – http://www.sales-train.com – http://www.incentiveprograms.com/science.asp Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 28 Additional Perspectives in Twenty-First Century Sales Force Motivation 4. Salesperson’s career cycle 3. Learning versus performance orientation Additional motivation perspectives 1. Organizational and job commitment 2. Organizational climate Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 29 Organizational and Job Commitment 1. Organizational commitment Commitment • identifying with and internalizing the company’s values and goals and desiring to stay a viable member of the organization Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 2. Job commitment • the degree of involvement (high or low) salespeople have in their job 11 | 30 Organizational Climate Organizational climate consists of the perceptions salespeople have about their work situation and conditions. formal and informal relationships among the salespeople 3. Organizational characteristics company philosophy about managing salespeople 4. Work group characteristics Organizational climate 2. Leadership characteristics Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. role perceptions, opportunities, and problems in the job 1. Job characteristics supervisory styles and salesperson/sales manager relationships 11 | 31 Learning Versus Performance Orientation 1. Learning orientation Learning versus performance orientation • Salespeople discover new ways of selling effectively and try new approaches, even if doing so leads to mistakes; they learn by not repeating mistakes. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 2. Performance orientation • Performance orientation predisposes salespeople to work hard and generate sales. 11 | 32 Salesperson’s Career Cycle Salespeople may be preparing for retirement and may psychologically withdraw from the job by making fewer sales calls per day, may call solely on existing accounts rather than on prospects, and may lose interest in their work. 3. Maturity or maintenance stage Salespeople hold on to what has already been achieved—position, status, image, and performance level. 4. Decline or disengagement stage Career stages 2. Development or establishment stage Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. Salespeople's priority is to build up knowledge and skills to succeed in their new job. 1. Preparation or exploration stage Salespeople become committed to the selling profession, seek stability in their professional and personal lives, and strongly desire professional success. 11 | 33 Sales Force Motivation • See videos on various issues related to sales force motivation at – http://www.sellingpower.com/video/?date=2/23/2007 – http://www.sellingpower.com/video/index.asp?date=4 /26/2007 Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 34 Sales Force Motivation • To see videos on how to motivate and reward top performers, go to – http://www.sellingpower.com/video/index.asp?date=1 /17/2007 – http://www.jimcathcart.com/videos.aspx Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 35 Ethical Situation: What Would You Do? Discussion Question You have been recently appointed regional sales manager for your company. You’re thrilled with this promotion, especially because you are the youngest regional sales manager in the company, so it’s obvious that senior management sees you as a real upand-comer and possibly as a replacement for the national sales manager who, at age 64, is probably thinking about retiring soon. Two of the more senior district sales managers who report to you are not people you’re comfortable working with. Both have worked at the company for over twenty years, so they’ve developed strong social networks within the company. You’re fearful that they may undercut you in some way because they may be jealous that someone younger was brought in from the outside to be their boss. In reviewing the performance of their two districts over the past two years, you noted that they both ranked in the bottom 20%. Perhaps both are in the decline and disengagement stage of their careers. Thus, you could certainly make the case that their motivation and careers have plateaued and that they ought to be replaced by new sales managers in the hard-charging development/establishment stage. Nether district manager has given you a reason to question their allegiance to you, but you just don’t like to have such experienced, well-connected subordinates who might be able to go around you to talk to your bosses. Therefore, you’ve decided to start making a case to replace these two district managers, and one of the first things you’re going to do is significantly increase the sales quotas for their districts. Copyright © Houghton Mifflin Harcourt Publishing Company. All rights reserved. 11 | 36