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1 strategies and tactics for Incentivization

What is Incentivization strategy?

Team success often hinges on the ability to develop and implement effective strategies and tactics. It's a bit like playing chess, except that you have more than 1 player on each side.

Finding the right Incentivization strategy can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Incentivization strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Incentivization strategy examples

You'll find below a list of Incentivization tactics. We also included action items for each template to make it more practical and useful.

Strategies and tactics for developing Parameters for Recognizing Top Sales Performance

  • ⛳️ Strategy 1: Incentivise secondary sales achievements

    • Integrate a tracking mechanism within the app to log and monitor secondary sales
    • Set specific targets for SPOs on secondary sales separately from primary sales
    • Develop a reporting mechanism to capture secondary sales data from stockists
    • Introduce a secondary sales bonus to motivate the sales team to drive end-user demand
    • Hold monthly review meetings to assess and discuss secondary sales figures
    • Train sales team on effective techniques to increase secondary sales with doctors and pharmacies
    • Create a leaderboard within the app showing top performers in secondary sales
    • Align quarterly bonuses with both primary and secondary sales achievements
    • Set up real-time alerts for sales team when there is a significant increase in secondary sales
    • Use feedback from the new product Excel sheet to adjust strategies and targets for secondary sales

  • ⛳️ Strategy 2: Enhance doctor relationship management

    • Use app data to analyse and increase frequency of interactions with high-potential doctors
    • Organise monthly webinars to educate doctors about latest products and benefits
    • Implement a feedback loop where doctors can provide input on product efficacy
    • Provide the sales team with resource kits to effectively communicate product advantages to doctors
    • Set up a referral programme where doctors can earn rewards for new stockist introductions
    • Track prescription patterns to identify key doctors driving sales and offer them tailored support
    • Recognise and reward doctors who prescribe new products consistently
    • Facilitate regional doctor symposiums to increase engagement and education
    • Offer expert consultancy services to doctors using in-depth product knowledge
    • Develop monthly targets for SPOs based on doctor engagement metrics gathered through the app

  • ⛳️ Strategy 3: Optimize and evaluate daily sales operations

    • Assess app check-ins and ensure timely visits to doctors and stockists
    • Implement stricter KPIs for daily call planning and execution
    • Create weekly progress reports analysing time spent on sales visits versus results
    • Refine chemist sheet entries to ensure accurate recording of pharmacy interactions
    • Use GPS data to optimize field routes for efficiency
    • Encourage peer reviews and virtual meet-ups to share best practices in sales strategies
    • Streamline start work processes and set staggered start times to improve timeliness
    • Provide regular performance feedback to sales team members based on data collected
    • Monitor SPO attendance and discipline compliance using app records
    • Establish clear parameters for evaluating daily effectiveness when considering monthly or quarterly top personnel recognitions
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Implement these strategies

How to track your Incentivization strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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