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Intrinsic and Extrinsic Motivation: What's the Difference?

Hubspot

In this post, we'll dive into the two types of motivation -- intrinsic and extrinsic -- to learn the differences between the types, the benefits of each, and how to use both types to inspire productivity. Definitions of Intrinsic and Extrinsic Motivation. What Is Intrinsic Motivation? What Is Extrinsic Motivation?

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10 Creative Non Financial Ways to Motivate your Sales Team

Veloxy

Inside and outside sales reps are not only paid on commission, hefty bonuses and kickbacks also motivate them to work even harder. The best thing about this strategy is that it has both intrinsic and extrinsic qualities. Extrinsically, employees work towards an arbitrary quota set with the promise of a reward.

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Get Sales Compensation Right to Recruit Winning Salespeople

Understanding the Sales Force

True or False: Base salary is usually more important than % of commission. Extrinsically motivated salespeople will thrive on a low base and high commission plan while intrinsically motivated salespeople will perform more effectively on a high base with small commission plan.

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How to Motivate a Sales Team to Improve Each Rep’s Performance (3 “Types” and 12 Tips)

Sales Hacker

People are motivated in one of three ways: Intrinsically. Extrinsically. Intrinsically Motivated Salespeople. Intrinsic motivation stems from feeling accomplished through personal reward rather than rewarded through external means, like money. How to Recognize Intrinsically Motivated Sales Reps. Altruistically.

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7 New Ways to Motivate Salespeople Through 20 Old Hurdles

Understanding the Sales Force

Today, the data shows that no more than 27% of salespeople are what we now call extrinsically motivated. But what about those who are intrinsically motivated - those who are motivated by satisfaction, fulfillment, praise and recognition. Even the name has changed! They want to change the world. That motivates them.

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Why You Should Care That Sales Motivation Data Correlates Perfectly With Sales Effectiveness

Understanding the Sales Force

OMG had been measuring Extrinsic and Intrinsic Motivation in its Sales Force Evaluations and Sales Candidate Assessments and it recently updated its algorithm for measuring total sales motivation. This summer, Objective Management Group (OMG) added and began testing for Altruistic Motivation as one of 3 types of Sales Motivation.

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4 Dimensions of Sales Motivation: Know Your Team

criteria for success

Salespeople that are intrinsically (or internally) motivated are driven to achieve their goals for personal satisfaction. Extrinsic (or external) motivation involves an outside driving force pushing someone to achieve goals. These preferences are independent of intrinsic or extrinsic motivation. The 4 Dimensions.