Sales Referral Policy
SALES REFERRAL POLICY
Purpose
This Sales Referral Policy outlines the guidelines and procedures for the company's referral program, which encourages employees and partners to refer potential clients or leads to our organization.
Referral Eligibility
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Eligibility Criteria: All employees, partners, and associates of the company are eligible to participate in the referral program.
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Referral Sources: Referrals can originate from personal networks, professional contacts, or any source that aligns with the company's business objectives.
Referral Incentives
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Referral Bonuses: |
A referral bonus may be [0]% of the first-year contract value. |
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Tiered Bonuses: |
Tier 1 leads (up to $[00,000] contract value) receive a [0]% bonus, while Tier 2 leads (over $[00,000] contract value) receive a [0]% bonus. |
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Non-Monetary Incentives: |
A gift card for a popular online retailer. |
Referral Submission and Tracking
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Referral Submission: |
Complete the referral form with lead contact information and context. |
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Tracking and Notification: |
Regular updates on the lead's status and referral bonus eligibility. |
Referral Program Guidelines
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Ethical Conduct: |
Referrals should not involve offering incentives to the lead. |
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Confidentiality: |
Do not share confidential company data with the lead. |
Referral Program Management
Review and Adjustments: An annual review of the referral program to consider changes in bonus structures.
Conclusion
This Sales Referral Policy encourages employees and partners to actively engage in lead generation efforts. Referrals can significantly contribute to our business growth and success. The company appreciates your participation in the program and looks forward to rewarding successful referrals.
Please reach out to [Referral Program Manager's Name] for any questions or further clarification.
[Your Company]
[Month Day, Year]
