Group 2:
Lloyd Fernandes – 2017026
Nikhil Gauns Dessai - 2017033
Chaitanya Korrapati -2017077
Nivedita Andhale - 2017162
Akshay Nadkarni - 2017195
Prajakta Nigalye - 2017233
INTRODUCTION
• Stalwart Industrial Products, founded in 1935, manufactures high quality, durable tools
• Salesforce is a major asset as they drive sales for the company, and sales is clearly the
revenue generating function
• The sales function of the company demands at least 14 hours of work per day to get
the job done
• The company has a web portal as well to receive orders, which is viewed by the employees as
a competition to themselves
ISSUES FACED
Hence, Tom’s, the sales manager aim was to find solution to please both Charlie and salesforce
Motivating Sales Force
The 4 Main Factors
• Positive correlation between effort and • Incentive pay is a more effective motivator
attainment of results as compared to straight pay
• Time span of performance feedback • The ability of incentive pay to act as a
• Accuracy of individual results attributed to a motivator depends on the nature of the
salesperson task.
Incentive Current employees are denied credit for new accounts opened
Pay through web portal
Structure Incentive structure to keep the salesforce motivated