Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

29
#SalesSummit | @rajatrocks

description

Sales Acceleration Summit - This session is now available on demand: http://www.insidesales.com/events/2014/sales-acceleration-summit/rajat-paharia Session Overview Gamification isn’t about games – it’s about sales results. It’s about measuring and motivating, setting goals, tracking progress, and rewarding performance. Gamification can drive the behaviors in your sales team that will help the business to be successful, and at the same time, it can drive non-sales employees to participate and support the sales team by providing leads, social media outreach, timely information and thoughtful collaboration.

Transcript of Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

Page 1: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Page 2: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Big Data, Gamification, and the Endlessly Motivated Sales Team

Rajat PahariaFounder & Chief Product Officer

Bunchball

Page 3: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Putting the Service-Profit Chain to Work

HBR OnPoint, 2000

Clearly, your employees are your most important asset.

Page 4: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

know more about your employeesthan you do.

Page 5: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

BIG DATAon User Activity

BIG DATAon User Activity

More Engaging

Experience

More Engaging

Experience =

Page 6: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearningCollaborationCollaborationServiceServiceSalesSales

How much more value are your employees generating for you, than they are for

Netflix, Amazon, and Facebook?

Page 7: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

More Engaging

Experience

More Engaging

Experience =

Motivate better performanceDrive better

business resultsCompetitive advantage

BIG DATAon User Activity

BIG DATAon User Activity

LearningLearningCollaborationCollaborationServiceServiceSalesSales

Page 8: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

More Engaging

Experience

More Engaging

Experience

LearningLearningCollaborationCollaborationServiceServiceSalesSales

BIG DATAon User Activity

BIG DATAon User Activity

Page 9: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

+11% revenue per employee

Sales+9%Sales+9%

Service+10%Service+10%

Collaboration+81%

Collaboration+81%

Learning+373%Learning+373%

Drive Real Business Results and a Hard ROI

Page 10: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

More Engaging

Experience

More Engaging

Experiencegamification

LearningLearningCollaborationCollaborationServiceServiceSalesSales

BIG DATAon User Activity

BIG DATAon User Activity

Page 11: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

gamificationunproductivity

entertainment

wasting time

Page 12: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

gamificationperformance

motivation

ROI

Page 13: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

gamificationreward & recognize

measure & motivate

reputation

guide & amplify

loyalty

Motivating People Through Data

Page 14: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

SALESsalesforce.com

Page 15: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Top Motivators for Sales

1. Compensation

2. Internal Recognition

3. Competition

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 16: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 17: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 18: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 19: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 20: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Activities vs. Outcomes• Q: Is it better to motivate Activities:

• Enter title, phone and email for every contact• Keep your pipeline up to date• Share a “Win” story

• or Outcomes?• Hit 100% of your quota in the first 6 weeks of the quarter• Sell a package that includes every product in our portfolio• Close $1 Million in renewals this quarter

Page 21: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 22: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 23: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 24: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 25: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 26: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 27: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 28: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Engage sales reps in learning how to use the online price book. Typically a grueling 1-day course and hard to get sales reps engaged (they’d rather be selling!).

Results: • After gamifying the training environment, users became so

proficient at using the price book that the company recognized an additional $1 million in profit in a single day

• Over the next seven weeks, the company recognized an additional $8 million in profit

• Cost of training plummeted by more than half because the gamified learning experience now requires fewer people to manage price book training

Fortune 50 Company

LearningLearning

CollaborationCollaboration

ServiceService

SalesSales

Page 29: Rajat Paharia - Sales Performance: Big Data, Gamification, and the Endlessly Motivated Sales Team

#SalesSummit | @rajatrocks

Big Data, Gamification, and the Endlessly Motivated Sales Team

Rajat PahariaFounder & Chief Product Officer

BunchballAuthor, NY Times and WSJ Bestseller: Loyalty 3.0