Non-Monetary
Motivators
by Tim Smith, PhD, 12 September 2005
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Contrary to popular belief, salespeople are not motivated
by money alone. Researchers have demonstrated that three other factors
strongly contribute to a salesperson’s motivation. These are
Job Security, Task Autonomy, and Perception of Valued Contributor.
Job Security
To fully perform, salespeople need to believe their job is secure.
They won’t be motivated to develop their sales funnel if they
don’t expect to be around when the prospects are ready to
close. If the sales funnel isn’t constantly being filled and
developed, closed opportunities won’t come out the other end.
Salespeople need to believe that their job is secure in order to
fully invest in prospects.
Task Autonomy
In the best of scenarios, salespeople are similar to franchise owners.
They have a license from the company to represent its offerings
and develop their territory in the manner they believe is best.
(Sales territories are often defined geographically, but can also
be defined by industry vertical, product category, or any other
target market segment.)
In most cases, this level of task autonomy is not
achievable. Rather, task autonomy derives from the manner that the
salesperson makes phone calls, develops rapport, or manages any
other daily task.
By giving salespeople task autonomy, the company is
indirectly telling the salesperson that they trust him/her professionally
and believe that they will succeed. Task autonomy is not the same
as throwing a person into a job to let them sink or swim. It does
require the use of coaching, rather than management, to support
the salesperson’s attainment of success.
Perception of Valued Contributor
Salespeople need to believe that their efforts are valued by the
company. Unlike production, research and development, or administrative
personnel, salespeople spend most of their time and energy with
people outside of the company, not in teams within the company.
As such, they are prone to becoming disconnected from the corporate
culture as well as the company’s support. To counter this
effort, salespeople need to hear that their contribution is acknowledged
and valued by senior executives, managers, and the company in general.
Perception of being a valued contributor to the company
also derives from contributing to its strategic direction. Many
times, salespeople claim that they desire to be involved in decision
making. While this may be appropriate considering their knowledge
and desired considering their potential development as managers,
what they may really be asking for is the knowledge that they are
working on developing a sales funnel that won’t become unimportant
in the next quarter when the company changes its direction. Nothing
de-motivates a salesperson more than the knowledge that their line
of business will be discontinued before they can develop prospects
and close sales.
The Key Differentiators
The non-monetary factors are the key differentiating factors for
salespeople. When salespeople perceive job security, task autonomy,
and valued contribution, they are more likely to extend the extra
effort required to excel. These are also the key factors managers
can use to keep good salespeople from jumping ship once a better
offer is made.
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Author
Tim Smith, PhD, Directorial Editor of The Wiglaf Journal and Adjunct
Professor of Marketing at DePaul University.
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