Motivating
the High-Earning Sales Force
- Cable and Wireless Industry
Motivating the "high
earning" sales force
140 Sales Account Executives
and Product Managers
Nation's second largest provider
of cable products and services to customers such as Time-Warner
and AT&T needed a fresh motivation strategy
for top-tier sales account executives. White collar selling
landscape is highly competitive, and the best sales producers
are continuously courted by major competitors. The company
needed to stimulate sales while improving morale and building
loyalty through recognition.
Cypress designed an extremely
exclusive "trip-of-a-lifetime" program targeting this
well traveled, high net worth profile. Our responsibilities
included:
Development of the system for enrollment,
accounting and on-site logistics (including registration,
rooming, food/beverage, daily events and transportation)
Contract Coordination with the hotel,
airline and ground operator
All air ticketing
Production of the social events
Development and tracking of the incentive
program
Nearly 50% of the eligible participants
qualified for the travel award to Monte Carlo
The incentive program contributed
nearly $40 million in incremental revenues to the
company's bottom line
Employee turnover was reduced by
over 20% during the period