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Jerome A. Colletti - Compensating new sales roles: how to design rewards that work in todays selling environment

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COMPENSATING NEW SALES ROLES How to Design Rewards That Work in Todays Selling Environment In every industry the traditional sales force is disappearing. To grow and prosper today, companies are focused on managing the total customer experience -- with an increasing number of jobs now playing key roles in the sales process. But what exactly are these new sales roles? How are they compensated? Now this action manual shows how to: ** understand why sales forces are evolving into new acquisitions specialists, retention sales specialists, telephone sales managers, service consultants, and more ** design state-of-the-art compensation plans for new sales roles ** implement a compensation plan that rewards top performers ** measure the effectiveness of the plan. JEROME A. COLLETTI is president and CEO of The Alexander Group, Inc., a nationwide management consulting firm specializing in marketing and sales. MARY S. FISS is a consulting manager with The Alexander Group, Inc. They are based in Scottsdale, AZ. WALLY WOOD (Sandy Hook, CT) is co-author of several books, including Marketing Myths That Are Killing Business.

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title Compensating New Sales Roles How to Design Rewards That Work in - photo 1

title:Compensating New Sales Roles : How to Design Rewards That Work in Today's Selling Environment
author:Colletti, Jerome A.; Fiss, Mary S.
publisher:AMACOM Books
isbn10 | asin:0814404367
print isbn13:9780814404362
ebook isbn13:9780585040073
language:English
subjectSales personnel--Salaries, etc, Incentives in industry, Compensation management.
publication date:1999
lcc:HF5439.7.C646 1999eb
ddc:658.3/22
subject:Sales personnel--Salaries, etc, Incentives in industry, Compensation management.
Page iii
Compensating New Sales Roles
How to Design Rewards That Work in Today's Selling Environment
Jerome A. Colletti
Mary S. Fiss
With Wally Wood
AMACOM
American Management Association
New York Atlanta Boston Chicago Kansas City San Francisco Washington, D.C.
Brussels Mexico City Tokyo Toronto
Page iv
This book is available at a special
discount when ordered in bulk quantities.
For information, contact Special Sales Department,
AMACOM, an imprint of AMA Publications, a division of American Management Association,
1601 Broadway, New York, NY 10019.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
Library of Congress Cataloging-in-Publication Data
Colletti, Jerome A.
Compensating new sales roles: how to design rewards that work in
today's selling environment / Jerome A. Colletti, Mary S. Fiss.
p. cm.
Includes bibliographical references and index.
ISBN 0-8144-0436-7 (alk. paper)
1. Sales personnelSalaries, etc. 2. Incentives in industry.
3. Compensation management. I. Fiss, Mary S. II. Title.
HF5439.7.C646 1999
658.3'22dc21Picture 2Picture 3Picture 4Picture 5Picture 698-41831
Picture 7Picture 8Picture 9Picture 10Picture 11Picture 12Picture 13Picture 14CIP
1999 The Alexander Group, Inc.
All rights reserved.
Printed in the United States of America.
This publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of AMACOM, an imprint of AMA Publications, a division of American Management Association, 1601 Broadway, New York, NY 10019.
Printing number
10 9 8 7 6 5 4 3 2 1
Page v
CONTENTS
List of Illustrations
ix
Acknowledgments
xiii
Preface
xv
Section I. New Market Requirements
1
Chapter 1 Why Your Company Requires New Sales Roles
3
Picture 15
You Need New Sales Roles for Business Success
4
Picture 16
Examples of Six New Sales Roles
6
Picture 17
When Companies Implement New Sales Roles
10
Picture 18
The Three Key Elements of the Customer Relationship Management Model
12
Picture 19
Telltale Symptoms That a Company Needs New Sales Roles
14
Picture 20
Three Good Reasons for Investing in New Sales Roles
16
Picture 21
Three Key Compensation Challenges
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