Channel
Partner Sales and Distribution Incentive - Leading Carpet Manufacturer
Channel partner sales & distribution incentive.
200
Employed Region and Territory Managers 2,000
Independent retailers nationwide 3,500
Retailer sales people
Major producer of branded carpet
needed to drive sales growth at retail stores in markets
they serve.
Campaign must motivate
employed sales force, independent retailer principals
and retailer sales force to bring a sales emphasis
to the introduction of a new product line at retail
stores-ideally making it a "first recommendation"
to consumers.
Company needs a unique
incentive program that can succeed at cutting through
the clutter of competing programs.
Cypress developed a fresh campaign
to support this launch by concurrently motivating the
company's sales force, inducing retailers to purchase
desired volumes of product, and reward sales people
for selling it. Key features of Cypress' recommendation:
Customized,
3-tiered reward structure targeting sales management
and retailers
Pay-outs tied to
incremental volume totals to create self-funding
budget
Separate demographically
designed award offerings set audiences apart within
program and distinguish it from competing offers
Program metrics
for on-going evaluation of return on investment
75%
of all retailers enrolled and participated a 12% increase Aggregate
product purchase volume exceeded goals by 2.5%