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Consider the stats : 67% of sales reps don’t expect to meet quota this year, and 84% missed it last year. You need to know and grow them as whole people, not just walking quota figures. ” You need to know and grow them as whole people, not just walking quota figures. How many current customers offered referrals?
Referral bonus: Some companies will pay a bonus to employees who refer successful new hires, as referring a great candidate benefits the company. Think of it as the boss saying, Hey, we noticed your additional efforts. In this scenario, the bonus is used to reinforce positive behavior.
With 64% of sales reps expected to miss quota this year and 85% having fallen short last year, businesses can no longer rely on traditional sales tactics alone. Develop a referral program A great referral program doesn’t just bring in new customers, it also strengthens loyalty with existing ones.
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