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  • Will You Add? - Simple Pay Plans Can Make Sales Explode!

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    consisted of about one hundred sales managers, directors, and business owners, and we covered in depth the topic of motivating and compensating sellers.

    I reviewed five different

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    I just finished reading an article by Jack Trout at Forbes.com.

    He is the pioneer of the concept of “positioning,” and author of at least a few books.

    Recently, he discovered a book dating back to around 1916 that offers certain business secrets, and one of them boils down to seeking simplicity in your sales and marketing program.

    If your approach is too clever, as Peter F. Drucker once characterized many modern contrivances, it is bound to fail.

    One of the points Trout gets from the old tome, “Obvious Adams,” is that an idea upon being heard should “explode” in the listener’s mind. He should ask, “Why didn’t we think of that, before?”

    Last week, I conducted a new seminar in Sao Paulo, Brazil. My audience consisted of about one hundred sales managers, directors, and business owners, and we covered in depth the topic of motivating and compensating sellers.

    I reviewed five different p

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    a book dating back to around 1916 that offers certain business secrets, and one of them boils down to seeking simplicity in your sales and marketing program.

    If your approach is too clever, as Peter F. Drucker once characterized many modern contrivances, it is bound to fail.

    One of the points Trout gets from the old tome, “Obvious Adams,” is that an idea upon being heard should “explode” in the listener’s mind. He should ask, “Why didn’t we think of that, before?”

    Last week, I conducted a new seminar in Sao Paulo, Brazil. My audience consisted of about one hundred sales managers, directors, and business owners, and we covered in depth the topic of motivating and compensating sellers.

    I reviewed five different

    Other People's Products Can Make You Rich
    Although there are advantages to selling your own proprietary products and services, there are also drawbacks. For example, the time and investment required to produce your own book, invention, or other product could mean a long delay in receiving profit
    oo clever, as Peter F. Drucker once characterized many modern contrivances, it is bound to fail.

    One of the points Trout gets from the old tome, “Obvious Adams,” is that an idea upon being heard should “explode” in the listener’s mind. He should ask, “Why didn’t we think of that, before?”

    Last week, I conducted a new seminar in Sao Paulo, Brazil. My audience consisted of about one hundred sales managers, directors, and business owners, and we covered in depth the topic of motivating and compensating sellers.

    I reviewed five different

    Ten Questions for Effective Communications, Part 1
    This is part one of a two part series to help business owners communicate more effectively with customers and market members. Part one answers questions one through five. The questions use factual information to determine personality and social characteristics. P
    on being heard should “explode” in the listener’s mind. He should ask, “Why didn’t we think of that, before?”

    Last week, I conducted a new seminar in Sao Paulo, Brazil. My audience consisted of about one hundred sales managers, directors, and business owners, and we covered in depth the topic of motivating and compensating sellers.

    I reviewed five different

    The Idol-Makers
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    consisted of about one hundred sales managers, directors, and business owners, and we covered in depth the topic of motivating and compensating sellers.

    I reviewed five different psychologies and then tied them into typical compensation formulas. This is good stuff.

    But then, I unveiled a pay plan that in my experience is the very best one of all. It keeps top sellers’s noses happily to the grindstone and it produces overall equity.

    Someone who sells three times more will earn triple what his peer earns. But this isn’t a harsh commission-only plan.

    Anyway, it is very simple.

    I asked everyone in the room if THEY would like to be paid this way. Nearly all would, and would their salespeople like it and perform well under it?

    Yes, again, was the answer.

    But how many of them felt they could recommend it and have it be adopted?

    Very few hands went up.

    Why?

    The pla

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