Asked by
gilgen gentle
on Nov 20, 2024Verified
The four main types of financial rewards for sales representatives are salaries, commissions, bonuses, and sales contests.
Financial Rewards
Monetary benefits given to employees or teams for achieving specific goals or exceptional performance, including bonuses, raises, and profit-sharing.
Sales Representatives
Individuals who represent a company's products or services, focusing on selling and maintaining relationships with existing customers while seeking new ones.
Sales Contests
Competitive events organized within a sales team to motivate employees by rewarding top performers with prizes.
- Understand the various financial rewards and incentives used in sales.
Verified Answer
HY
Learning Objectives
- Understand the various financial rewards and incentives used in sales.