Master sales compensation strategy: design effective payment plans, manage expenses, and set performance quotas.
Master sales compensation strategy: design effective payment plans, manage expenses, and set performance quotas.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Sales Operations/Management Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
4.4
(34 ratings)
5,217 already enrolled
Instructors:
English
پښتو, বাংলা, اردو, 3 more
What you'll learn
Design effective sales compensation plans balancing base pay and incentives
Develop and implement expense management policies
Create strategic sales quota systems for performance measurement
Manage transportation and operational costs efficiently
Balance indirect monetary compensation with direct benefits
Skills you'll gain
This course includes:
4.5 Hours PreRecorded video
5 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 4 modules in this course
This comprehensive course explores the financial aspects of managing a sales force. Students learn about different compensation models including salary, commission, and combination plans. The curriculum covers expense management strategies, including transportation costs and reimbursement policies. The course also addresses setting and managing sales quotas, with focus on different approaches to quota establishment and performance measurement. Real-world examples and case studies illustrate practical applications of these concepts.
Compensation Overview
Module 1 · 3 Hours to complete
Methods of Compensation
Module 2 · 1 Hours to complete
Managing Sales Expenses
Module 3 · 2 Hours to complete
Sales Expense Control
Module 4 · 1 Hours to complete
Fee Structure
Instructors
Teaching Assistant Professor, Marketing
Suzanne Bal's areas of teaching include personal selling, integrated promotions and sales management. Education • MBA, Saint Martin's University • Bachelor of Science, Marketing, The Ohio State University
Leading Marketing Scholar and Educator at West Virginia University
Dr. Michael F. Walsh is the Department Chair and Associate Professor of Marketing at the John Chambers College of Business and Economics at West Virginia University. With a robust academic background, including a Ph.D. from the University of Pittsburgh, he teaches both graduate and undergraduate courses in marketing. His research interests center on consumer resistance to change and the intersection of marketing with public policy, with his work published in respected journals such as the Journal of Public Policy and Marketing and the Journal of Product and Brand Management. Prior to his academic career, Dr. Walsh accumulated over 20 years of experience in general management, advertising, and marketing, where he developed specialized communication strategies for various sectors.In addition to his teaching and research roles, Dr. Walsh has held significant positions in corporate marketing, including overseeing marketing activities for Buchanan Ingersoll, a law firm with a large network of attorneys, and serving as Senior Vice President at Ketchum Advertising. His contributions to the field have been recognized through numerous awards, including being named Educator of the Year by the Pittsburgh Chapter of the American Marketing Association in 2015. Dr. Walsh is also actively engaged in community service, serving on various boards and committees that promote business education and ethical practices.
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4.4 course rating
34 ratings
Frequently asked questions
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