Sites: Africa, Marketing, Medical, Retail
Marketing community of Africa
Marketing> Advertising, Branding, Cinema, CRM, CSI, Design, Design Indaba 2009, Digital, Direct Marketing, Education & Training, Eventing, Exhibitions, Magazines, Media, Mobile, Newspapers, Online Media, Out Of Home, Printing, Production, Promotions, Public Relations, Radio, Recruitment, Research, Retail, Sales, Sponsorship, The Loerie Awards 2009, TV, Youth Marketing, 2010 FIFA World Cup
Articles
Direct Marketing Articles

Smart strategies for compensating telemarketing service providers
By: Peter Ostrow

With a third of all lead generation budget dollars allocated to outsourced business-to-business teleservices providers, how do Best-in-Class organisations most effectively compensate their external vendors? Aberdeen survey respondents from more than 200 organisations provide rich detail regarding their preferences for how they prefer to model the fiscal relationship they build with their outsourced provider partner.

End users within Aberdeen's research audience consider the following definitions for compensation models in the B2B teleservices industry:
  • Retainer-based is a fixed dollar payment per month or quarter, often enhanced by performance-based variable compensation to the vendor and/or vendor's individual staff members.
  • Pay-per-appointment is an agreement to pay a fixed fee per accepted live meeting or conference call arranged, generally presented in programs of 20, 50 or other quantities of meetings. Time lines are usually open-ended.
  • FTE-based (full-time equivalent) is a full or partial "rental" of outsourced vendor staff members who are dedicated to the customer's program; compensation is arranged as a fixed rate per resource, sometimes with multiple echelons of talent available.
  • Pay-per-lead requires a clear definition of "sales lead." Vendors charge a fixed or graduated fee for units delivered and/or accepted.
  • Pay-per-record costs are associated with the quantity of names or company targets touched, often stratified by the number of "sweeps," call attempts or reaches.
  • Hourly fee is similar to FTE-based, but with more flexibility regarding the identity of the caller, as well as with the activities undertaken by callers and program managers. This approach is highly popular with companies that wish to directly compare external fees with estimated costs of inside sales teams.


Read the full article here.

[20 Jun 2008 13:47]

 SEND TO A FRIEND  |   PRINT

 
Comment on this
 


Share this page (Tell me more)


 





Receive free email newsletter
 
Tell a friend about us
 
CONTACT US | ABOUT US | SEND US NEWS | ADVERTISING RATES | sales@bizcommunity.com | +27 (0)21 680 3500
All rights reserved. © 2008. Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein. Privacy policy, Terms of Use.
Connected by: Uninet