Incentive Travel-Heavy Equipment Manufacturer Dealer Group - Reaching stretch goals result in once-in-a-lifetime travel experience for 2,100 dealers.
It all adds up.
Reaching stretch goals result in once-in-a-lifetime travel experience for 2,100 dealers.
Client Objectives
- Increase sales and market share of new equipment sold through dealers by 20% over the previous year
- Sustain dealer engagement for an entire fiscal year
- Limit cost exposure
Strategies
- Leverage dealer sales data to structure the program
- Drive program awareness and enthusiasm on an ongoing basis
- Measure and report on program results at the enterprise, region and dealer levels
- Reward successful dealers during the program period and at program end
MotivAction Solution
- Communicate the dealers' precise goals up front
- Reward dealers who achieved their stretch goals with a once-in-a-lifetime travel experience to Rome, Italy
- Allow dealers to earn additional trips based on volume over their goals
- Include the client's field sales and marketing teams in the program and reward them with travel based on channel performance
- Design a year-long multi-media campaign including print, web, and CD
- Create detailed monthly online performance status reports plus quarterly paper statements
- Recognize dealers who were on track to achieve objectives with quarterly "benchmark" awards
Results
- Projected sales increase of 20%: actual sales increase of 35.7%
- 63.5% percentage increase of qualifying dealers
- 60% of total eligible dealerships qualified for the trip
- 77.7% of the qualifying dealerships earned multiple trips
- Projected market share increase of 2.0%: actual market share increase of 4.4%
- Projected number of trips earned: 1,000
- Actual number of trips earned: 2,124 (with the additional trips more than paid for out of incremental earnings)
- SITE Crystal award winner