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Holiday Incentive IdeasDecember 06, 2017 (0 comments)
|Omaha, NE--With the busiest selling days underway, it is nice to put together some incentive ideas for your staff to motivate them a bit and be rewarded for extra effort at this often-stressful time of year. Don’t forget, some training on boosting your average sale and other basics is a good reminder too, to ensure your staff has the knowledge they need to exceed.
Here are some quick ideas for incentives you can put into place immediately with little extra work. These gift cards are available at your bank (Visa) or probably many local stores including even drugstores. Some ideas:
- Grand Prize: Sales associate with the highest Gross Profit Dollars for the six-week holiday period receives dinner for two at the location of their choice, plus two paid days off.
- Week One: Even though it’s in the rear-view mirror, surprise the salesperson who had the highest sales with a $100 Visa gift card. It’ll definitely whet appetites among the other associates to win one for themselves!
- Week Two: Salesperson with the highest loose diamond sale: $100 Visa GC
- Week Three: Salesperson with the highest total aged inventory sales (12 months and older): $100 Visa GC
- Week Four: Salesperson with the highest (pick a vendor) sale: $100 Visa GC
- Week Five: Salesperson with the highest engagement ring sale: $100 Visa GC
- Week Six: Salesperson with the highest (pick a vendor or category) sales: $100 Visa GC
Daily incentive schedule for seven days of the week:
- Monday: Highest Average Sale - $10 Starbucks GC
- Tuesday: Highest GP% on one item - $10 Carwash GC
- Wednesday: Highest single sale - $10 iTunes GC
- Thursday: Highest # of items on a receipt - $10 Target GC
- Friday: Highest Repair/Custom sale - $10 Restaurant GC
- Saturday: Highest $$ sales receipt - $10 Gas GC
- Sunday: Highest # of wish list items sold - $10 Grocery Store GC
*Office staff can be paired up with a sales associate and get the same incentive for the Daily Goals, and half of the Weekly Goals, too!
Try to enjoy the fast-paced selling season and ensure your staff is rewarded for the extra hours and effort!
The Edge Retail Academy provides customized strategies for retailers and vendors to increase profits, optimize growth, reduce debt, create profitable inventory solutions, build effective teams and enhance brand loyalty and profitability. The Academy is committed to helping jewelry businesses improve their bottom line while reducing uncertainty and stress. Edge Retail Academy software and the unique talent pool of their business advisors provide real world knowledge and advice for guaranteed results, all on a “no-contract” basis. 877-569-8657, ext. 1 or www.edgeretailacademy.com