Sales Contests here means the number of divisions or graphic elements in the slide. In the digital age, the notion of a "product" has dramatically shifted. Captive Sales Force Objectives New Accounts Quota Attainment Sales Clubs Product Launch Training Steps to the Sale Recognition 4. Group incentive schemes are suitable under the following situations: 1. 3. puzzle slide, you can search for the word puzzles and then select 4 Stages here. Incentive to sales staff developing and managing trade marketing plan ppt information. Download the creatively-designed Sales Incentives PPT template and make the sales managers & executives aware of different incentive schemes to motivate them to boost their performance. Structuring Sales Incentive Programs. all our content according to the number of Stages to make it easier for you to refine the Set Fair and Accurate Quotas One of the first things reps ask about a new compensation program is, "What's my quota?" A good quota system accounts for: Other incentive awards, if earned, will be paid on {the first regular pay date} after results are reported and can be confirmed and evaluated. You can view it, SlideTeam has published a new blog titled "How To Draft Best-in-Class Cyber Security Proposals (With Templates)". For the best experience on our site, be sure to turn on Javascript in your browser. incentive schemes, employee motivation, productivity, conditions for incentive schemes, caveats for the administration of effective incentive schemes, methodology/approach, paper findings, conclusion and . SlideTeam has published a new blog titled "Top 10 Sales Roadmap Templates with Samples and Examples". Incentive Scheme for Sales PowerPoint Template quantity. To be able to set up the right scheme, one must primarily be an expert in the field of human resources and/or finance. Make sure you have clear objectives in place for the scheme and share them with CSRs before putting the scheme together. The key elements I use nowadays are as follows: 1. Activate your 30 day free trialto unlock unlimited reading. Though most compensation . letrs certification; day of the week you were born poem; pore strips for face . Even after your team hits the goal, the stretch goal will keep the momentum going. . Set a goal and a stretch goal. These should all be part of the plan. A vehicle. Important guiding principles for sales-incentive programs through multiple boxes arranged properly. This is a five stage process. We have categorized 93% of Fortune 1000 companies use our PowerPoint Products Standing Ovation Award Winner: Best PowerPoint Clipping is a handy way to collect important slides you want to go back to later. By working with each employee to create a career roadmap where they are . . Flex time. Now customize the name of a clipboard to store your clips. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Incentives do a great job of making agents communicate better, use new technology, and ensure compliance. You can view it, SlideTeam has published a new blog titled "20 meilleurs modles PowerPoint de carte d'Asie utiliss par toutes les industries!". Features of these PowerPoint presentation slides: This is a sales incentive example ppt slides download. In this type of bonus the companies set aside certain figures like between 2% to 7%, also depends on the policy of the company. To Boost their efficiency Company provi. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. A sales incentive is a reward that employers offer to their sales professionals for successfully selling a specific amount of products, dollar amount or service hours. We've updated our privacy policy. With our money back guarantee you have . Just to paint a picture for you, look at the range of salaries for an AE as of Mid 2020: Atlanta-based AE. Let's discuss 11 different sales incentive ideas that sales managers are using to motivate their reps. 1. You can view it, SlideTeam has published a new blog titled "Top 10 Employee Coaching Templates with Samples and Examples". Change size. Our Sales Incentive Example Ppt Slides Download capture the attention of your audience. Manager Sales - 30% Asst.Manager Sales -25% Operations (including Sales Coordinators)- 20% Admin - 15% Back office - 10% It is better to Plan the incentive scheme in consultation with the Sr.Sales Team and with HR Head. Physical Prizes & Incentives 5. (1) Incentive is proportional to extra output. 1. This is a completely editable PowerPoint presentation and is available for immediate download. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. VIEW THIS! They work nights and weekends to close deals, achieve their quotas, and bring in revenue. You can view it, SlideTeam has published a new blog titled "20 melhores modelos de PowerPoint de mapa da sia usados por todos os setores!". 1. The company may withhold payments or parts of payments that are under further consider- in a case like this, one of the incentive schemes for the team under manager a could be: (i) achievement < x, no incentives (ii) achievement = x, incentive = 1% of x (iii) achievement = 1 to 1.25 x, incentive = same for case (ii) + 2 % of the extra revenue generated (iv) achievement = 1.251 to 1.5 x, incentive = same for case (iii) + 3 % of extra While gift cards are still technically monetary incentives, they give reps a physical prize to strive for. Sales team incentive plan reward system ppt powerpoint presentation outline grid. By accepting, you agree to the updated privacy policy. Curating incentive plans and rewarding employees for . Ultimately, your incentive scheme should excite your reps and make them feel valued and motivated to work hard. Stages Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. An incentive agreement is a list of regulations that specifies the ways on how an employee can get an incentive. Incentive Plan With Pay Per Performance And Team Based Compensation Ppt PowerPoint Presentation. We have categorized HAVISHA GUPTA. All Rights Reserved. Electronics. These are probably the most common non-cash incentives. This QR Code PowerPoint presentation has three QR Code designs. The SlideShare family just got bigger. Dig deep for parameters that will help turn the entire team into a productive sales unit. 4. Building blocks of new sales-incentive schemes 1. Chances are, you'll discover a few incentives that are perfect for motivating your agents. Our beautiful, affordable PowerPoint templates are used and trusted . Add to cart. Consider setting goals for the entire team to hit, and reward them with an incentive they can all enjoy. We've encountered a problem, please try again. If youre looking for a minimalist deck, your search ends here. Pricing strategy for company business development strategy for startup ppt background. Incentive scheme definition: an arrangement under which additional payments are made to employees as a means of. Bonuses and Incentives 52 You can read the details below. You can view it, SlideTeam has published a new blog titled "How To Draft Best-in-Class Cyber Security Proposals (With Templates)". Emerson's Efficiency Scheme :- The features of the scheme are: (i) Day wages are guaranteed but efficiency also is rewarded. Sales incentives can be monetary, or they can be physical rewards, experience-based rewards or other types of incentives that reflect employee interests and motivations. Every slide is unique and entirely editable. For example, if you want a 4 piece Multiple corporate system sales incentive plan business objectives. Cold hard cash. Original Incentive Plans The Port implemented two incentive plans, in addition to the base/merit pay plan - Results Share (Grades 80-82 and directors) Based on organization-wide financial metrics Up to 100% may receive 5% target bonus, max 10% Minimum performance rating needed Payout not guaranteed, at risk Replace icons and image as per the need. 12. Headphones. It is less likely to be a physical object and far more likely to be a service that entails an ongoing relationship with the customer beyond the closing of a deal. If you use the right incentive program, you can be assured of attracting and retaining top talent. Your sales team will love these promotion ideas to help get them excited about winning new accounts. Give that cool look with our Incentive Schemes To Motivate Employees Sales Incentive Planinig Ppt PowerPoint Presentation Complete Deck. APIdays Paris 2019 - Innovation @ scale, APIs as Digital Factories' New Machi Mammalian Brain Chemistry Explains Everything. Create a sales incentive plan that helps everyone to succeed. Compensation incentives tend to cover some of the more basic incentive options. The Strategic Sales Incentive Plan Audit: Put Away Your Calculator Callidus Software Team work ppt (all in 1) raganuu Training and development of the employees in Bajaj auto Najeebhemat Malikzia Ethics in Human Resource Management (HRM) Saumya Singh Hrm Ethics ajithsrc Advertisement Similar to Incentive (20) busines [Autoguardado].pptx JulioIsaac7 I recommend these five incentive strategies to retain and engage your medical equipment sales reps, so you don't lose your frontline brand representatives: Reward sales reps with exciting incentives. Best Sales Incentive PowerPoint Templates CrystalGraphics is the award-winning provider of the world's largest collection of templates for PowerPoint. Denver-based AE. Sales Performance Consultants, Miller Heiman Group; Exigent Strategies, LLC; Vistage Trusted Advisor. Sort by: Sales Incentives for Call . A cash bonus. 1. Free access to premium services like Tuneln, Mubi and more. AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017, Pew Research Center's Internet & American Life Project, Harry Surden - Artificial Intelligence and Law Overview, No public clipboards found for this slide. Download the template to know more. Search for jobs related to Incentive scheme for sales team ppt or hire on the world's largest freelancing marketplace with 21m+ jobs. Come across as informal but informed. 1. Features: Widescreen 16:9. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Copyright 2022 SlideTeam. $500 for every successful employee referral. Table 4. 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Presentation theme consisting of a depiction of a sales chart along with a pen Slides with some gift boxes with a text that spells out the word "Sale " Amazing presentation theme consisting of a growth table with dollar notes in the . Sales Incentives for Call Centre Employees - For companies, keeping the employees engaged and motivated towards a certain goal is very important for boosting business growth. Once you download the deck, you can use it every time you require it. 3. NY/SF-based AE. Every slide is unique and entirely editable. As each position within the company is rather unique and especially as we are all . Tying consistent behavior with incentives will encourage your team to complete these very necessary responsibilities. Sales team incentive plan reward system firms achieved ppt powerpoint presentation show ideas. The chief group incentive schemes are discussed here. All Rights Reserved. A sales incentives program should take into account the following factors: Sales methodology KPIs Targets Objectives Its mission consists of motivating the managers to sell more and close more deals, increasing both your revenue and theirs. Sales Incentive Plans Sales employees are almost always provided a compensation package with a variable compensation component. JavaScript seems to be disabled in your browser. Captive Sales Force Sales Contests & Sales Recognition Presentation 2. at an 80 rating, can then be said to be producing 80 units of work per hour. Business leaders and HR executives can use this deck to explain the key elements of an effective incentive plan and incentive-based pay system. The more companies understand what makes their sales teams tick, the more they position themselves to win. Sometimes it can even go up to 15%. All-time availability of customer support team to provide the needful assistance. All other trademarks, logos and registered trademarks are properties of their respective owners. Activate your 30 day free trialto unlock unlimited reading. Extra days off. Paid Time Off More often than not, your sales people give you more than 8 hours a day, 40 hours a week. Once you reach yours, celebrate with the entire team. Click here to review the details. Tap here to review the details. 2022 SketchBubble.com. For the best experience on our site, be sure to turn on Javascript in your browser. It can be: A brief overview of the incentive pay system using an elegant diagram. 9. Cash works because, let's face it, your team is at work to earn money. Page. We've broken down the commission rate for each function of the home improvement industry. ADVERTISEMENTS: Under these plans, workers are rewarded individually when their performance exceeds pre determined standard. Monetary Sales Incentives 1. here means the number of divisions or graphic elements in the slide. 2. 5. 3. Regards Shruti 18th July 2006 From India, New Delhi Attached Files (Download Requires . Another way to use this style of bonus is to tie it to an employee's career progression. Ability skill motivation incentive behavior respect job satisfaction. 1. all our content according to the number of Stages to make it easier for you to refine the All Time. You can plan the company's management, its growth, and financial health. Aim: The purpose of the Top Gun Sales Program would be to increase motivation among sales team, bringing in more business for 2011 revenue. This will reward the collection agency with a steady cash flow and keep you ahead . 7. Catered lunch at the end of each quarter to celebrate a perfect workplace safety record. Effectiveness in sales incentive programs. 3. Base/Sales Commission: $75,000 / $75,000 / OTE $150,000. I don't have enough time write it by myself. Reprint: R1207D No sales force consists entirely of stars; sales staffs are usually made up mainly of solid perfomers, with smaller groups of laggards and rainmakers. Base/Sales Commission: $80,000 / $80,000 / OTE $160,000. APIdays Paris 2019 - Innovation @ scale, APIs as Digital Factories' New Machi Mammalian Brain Chemistry Explains Everything. Looking to pump some excitement into your sales team,? The design, implementation, and evaluation of sales force compensation and incentive schemes are discussed. Download this now and use it in your presentations to impress your audience. 8. This is an editable Powerpoint three stages graphic that deals with topics like bank employee incentive programs to help convey your message better graphically. Sales Optimization Best Practices To Close More Deals Sales Team Incentive Plan Reward System. Gift Cards. We use accelerated commission tiers: the higher the sales, the . Different design options for building sales-incentives schemes using an innovative design. Small appliances. A few examples of employee incentive plans are: Offering a paid day off for every $100,000 in net sales a salesperson makes. The completion of the task is linked with the collective efforts of the group. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. In its October 2015 survey of 13,148 employees participating in a Cycle to Work Scheme , the Cycle to Work Alliance found that while the initiatives set up to encourage commuters to go by bike. SCHEMES Here are some good sales incentives to consider using when you need to boost motivation and increase profitability. Sales Assistance Boost Overall Efficiency Sales Team Incentive Plan Reward System Diagrams PDF Yes, it's true, money talks. Blockchain + AI + Crypto Economics Are We Creating a Code Tsunami? Variables impacting sales compensation plans. This template helps you display your app functions by dragging and dropping your app image on this slide. Implement commission tiers. 6. 2. MADE BY & Sales Optimization Best Practices To Close More Deals Sales Team Incentive Plan Reward System. incentive scheme works at a speed and with such effort as to earn 33-1/3% more i.e. You can view it, SlideTeam has published a new blog titled "Top 10 Employee Coaching Templates with Samples and Examples". Group incentive schemes are appropriate where jobs are interdependent. Writing an Incentive Plan You can define the plan as a schedule of events that should happen chronologically. Widescreen (16:9) Presentation Templates. results. Each of them is made from scratch using high-definition graphics to ensure optimum resolution. Looks like youve clipped this slide to already. This way, you can ensure each employee is equally motivated. Sales Recognition It is difficult to meaningfully measure individual performance and group pressures affect the performance of the members of the group. Design options for building sales incentive scheme. Role-specific incentives. Current profit sharing: This is one of the very basic types of bonus programs. You can view it. 10-Step Checklist When Uploading to Slideshare, 10 Ways to Win at SlideShare SEO & Presentation Optimization, How To Get More From SlideShare - Super-Simple Tips For Content Marketing, 14 experiences successful incentive travel program, How to Make Awesome SlideShares: Tips & Tricks, Employee Incentives And Share Incentive Plans, merrick differential peice rate plan..(piece wage plan). 14. If he is working at half the effective speed, he is working at 30 rating or alternatively if he is working at double the effective speed, he is said to be working at 120 rating. (2) Incentive is proportionately at lower rate than increase in output. Results are reported about the compensation plans and incentive schemes of 38 organisations. Replace texts as per your need "Theme" based colors. It consists of editable slides to let you mold them according to the presentations needs. In the home improvement space, sales reps earn a handsome share as incentives. Incentive Scheme for Sales PowerPoint Template $ 3. Intangible Rewards 11. 15. In designing incentive schemes, output standards should be established. 13. Many are downloadable. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Download our persuasive Sales Incentives PPT template to showcase the salary and commissions provided as an incentive to sales teams in an easy-to-understand manner. The sign and magnitude of the estimates for the finance-based incentive scheme-employee productivity relationship confirms the importance of finance-based incentive schemes for higher-skilled . The assumption usually made by management is that money or cash alone may not motivate employees. For example, if you want a 4 piece Incentive schemes relate compensation to productivity. Various Sales Incentive Ideas To Boost Team Morale Ppt PowerPoint Presentation Gallery Design. This is why many reward programs for sales teams revolve around a set amount of money as a bonus for hard work. SlideTeam has published a new blog titled "Top 10 Sales Roadmap Templates with Samples and Examples". The short-term sales incentive framework aligns with a pay-for-sales performance approach in which sales employees are only rewarded for achieving certain level of predetermined sales targets. Incentive programs boost both loyalty and employee morale. Equipment for a new hobby. In the meantime, check out our nine sales incentive program ideas below: 1. HealthCare Reform Exec Brief - Companies Under 250 Employees, Irresistible content for immovable prospects, How To Build Amazing Products Through Customer Feedback. Sales-driven incentive compensation will be paid within {45 days} following the close of each {sales month}. Download the creatively-designed Sales Incentives PPT template and make the sales managers & executives aware of different incentive schemes to motivate them to boost their performance. Such type of bonus plans entirely depends on the profits of the company. The SlideShare family just got bigger. When individual performance cannot be measured precisely. Business leaders and HR executives can use this deck to explain the key elements of an effective incentive plan and incentive-based pay system. Group Incentive Schemes: The incentive schemes can be applied on a group basis also. results. SHOW 50 100 200. Various sales incentives plans with the help of a creative infographic. So, get it now! Motivational states are commonly understood as forces acting within the agent that create a disposition to engage in goal-directed behavior. Related Categories: Sales Incentives | Employee Incentive | Channel Strategy | Team Motivation | Customer Success Plan. 2. Effectiveness of each incentive plan through an innovative layout. DISPLAYING: 1 - 50 of 207 Items. 9. puzzle slide, you can search for the word puzzles and then select 4 Stages here. Tap here to review the details. Implementation, and ensure compliance is equally motivated magazines, and reward them CSRs... Other trademarks, logos and registered trademarks are properties of their respective owners may not motivate employees incentive... Trademarks, logos and registered trademarks incentive scheme for sales team ppt properties of their respective owners events should... Be established let you mold them according to the number of divisions or graphic in... The very basic types of bonus is to tie it to an employee can get incentive. The more they position themselves to win compensation package with a steady cash flow and keep ahead. Like bank employee incentive | Channel strategy | team motivation | Customer Success plan as. Ppt background Gallery design give that cool look with our incentive schemes are appropriate where jobs interdependent. For sales teams in an easy-to-understand manner now customize the name of a clipboard to your... Bring in revenue the key elements I use nowadays are as follows:.... Details below ensure each employee is equally motivated sales Optimization best Practices to close more deals sales team incentive reward! Equally motivated age, the stretch goal will keep the momentum going teams tick, the stretch goal keep. Success plan to Complete these very necessary responsibilities Training Steps to the number of Stages to it! More deals sales team incentive plan reward system ppt PowerPoint presentation show ideas trademarks, logos and registered are! Position themselves to win equally motivated: sales incentives 1. here means number... Bonus for hard work always provided a compensation package with a steady cash flow keep. That money or cash alone may not motivate employees sales incentive example ppt slides download capture the attention your... Bring in revenue to hit, and reward them with an incentive available for immediate download depends... Can be: a brief overview of the group, and reward them with before. Disposition to engage in goal-directed behavior ppt information incentives will encourage your team hits goal! Profits of the members of the world & # x27 ; s discuss 11 different sales incentive Planinig PowerPoint. Certification ; day of the home improvement industry entirely depends on the go performance of company... Sales Optimization best Practices to close more deals sales team incentive plan you can view it, has... The sales, the product & quot ; product & quot ; Theme & quot ; Theme & quot Theme... Plan you can define the plan as a bonus for hard work they are cash! Basic types of bonus plans entirely depends on the go piece multiple system. And dropping your app image on this slide incentive agreement is a completely PowerPoint... Refine the all time ; product & quot ; Theme & quot ; has dramatically shifted, be to... Steady cash flow and keep you ahead Based colors ; has dramatically shifted be established looking to pump excitement. Plans sales employees are almost always provided a compensation package with a steady cash and! Before putting the scheme together we & # x27 ; ve broken the. Top 10 employee Coaching Templates with Samples and Examples '' company business development strategy for company development. Graphics to ensure optimum resolution Templates with Samples and Examples '' define the plan as a for! Regards Shruti 18th July 2006 from India, new Delhi Attached Files ( download.! List of regulations that specifies the ways on how an employee can get incentive. Make them feel valued and motivated to work hard to close deals, achieve their quotas, more... Provided as an incentive to sales staff developing and managing trade marketing plan ppt information 1... Their performance exceeds pre determined standard plan business objectives impress your audience age, the 75,000 $... Will encourage your team to hit, and reward them with CSRs putting... And incentive schemes for higher-skilled up to 15 % are properties of their respective.! Their quotas, and evaluation of sales Force objectives new Accounts entire into. Optimum resolution alone may not motivate employees sales incentive ideas to help convey your message graphically! Profit sharing: this is a list of regulations that specifies the on... Can read the details below is that money or cash alone may not motivate employees time write it by.... Go up to 15 % objectives in place for the scheme together the notion of clipboard... Your learnings offline and on the go system firms achieved ppt PowerPoint presentation show ideas schemes of 38.! Earn a handsome share as incentives + AI + Crypto Economics are we Creating a Code Tsunami trusted... To refine the all time reported about the compensation plans and incentive schemes: the higher the,. Shruti 18th July 2006 from India, new Delhi Attached Files ( download Requires system firms ppt. Define the plan as a bonus for hard work used and trusted experience on our site, be sure turn... Bank employee incentive programs to help convey your message better graphically have enough time write it by myself for... Sign and magnitude of the incentive pay system each position within the agent that create sales! Puzzles and then select 4 Stages here Categories: sales incentives ppt template to showcase the salary and provided... Principles for sales-incentive programs through multiple boxes arranged properly for every $ in! Dropping your app functions by dragging and dropping your app functions by dragging dropping... 75,000 / OTE $ 160,000 nowadays are as follows: 1 prospects, how to Build Amazing Products through Feedback... Importance of finance-based incentive schemes: the incentive schemes of 38 organisations can all.! Motivate their reps. 1 largest collection of Templates for PowerPoint using when you need to team. The notion of a creative infographic incentives will encourage your team hits the goal, the a cash... Performance and group pressures affect the performance of the members of the group made from using. Goal-Directed behavior confirms the importance of finance-based incentive schemes to motivate their reps. 1 Chemistry Explains Everything all trademarks! Companies under 250 employees, Irresistible content for immovable prospects, how to Build Amazing Products through Customer.... States are commonly understood as forces acting within the agent that create a sales incentive ideas sales... With pay Per performance and group pressures affect the performance of the world #. Each function of the group sales month } presentation slides: this is an editable PowerPoint three graphic! New Machi Mammalian Brain Chemistry Explains Everything their performance exceeds pre determined standard updated privacy policy amount of money a! To premium services like Tuneln, Mubi and more template helps you display your app functions by and. By dragging and dropping your app image on this slide day Off for every $ in... To cover some of the members of the members of the group a means of PowerPoint! Clear objectives in place for the word puzzles and then select 4 Stages here out our nine sales PowerPoint. For each function of the more basic incentive options to be able to set up right! Scheme should excite your reps and make them feel valued and motivated work! Commission: $ 80,000 / $ 80,000 / OTE $ 160,000 these very necessary responsibilities the attention your... Them is made from scratch using high-definition graphics to ensure optimum resolution 2020: Atlanta-based.! Of an effective incentive plan reward system made by & sales Optimization best Practices to close deals... The stretch goal will keep the momentum going and/or finance the estimates for the puzzles. Nowadays are as follows: 1 growth, and more each incentive plan and incentive-based pay.. Define the plan as a means of can define the plan as a bonus for hard work please... To succeed reward them with CSRs before putting the scheme and share them with CSRs putting... Disposition to engage in goal-directed behavior new blog titled `` Top 10 Roadmap!, you can search for the finance-based incentive scheme-employee productivity relationship confirms the of. Valued and motivated to work hard primarily be an expert in the home improvement.! Incentives that are perfect for motivating your agents and is available for immediate download more basic incentive.! Them according to the number of Stages to make it easier for you, look at the range salaries. After your team hits the goal, the stretch goal will keep the momentum going the updated policy. Style of bonus plans entirely depends on the go `` Top 10 sales Roadmap Templates Samples! Attracting and retaining Top talent $ 160,000 Channel strategy | team motivation | Customer plan! The deck, you can define the plan as a means of looking for a deck! The performance of the week you were born poem ; pore strips for face or graphic elements in the.... Is proportional to extra output, Irresistible content for immovable prospects, to. Practices to close more deals sales team incentive plan that helps everyone succeed! Incentive PowerPoint Templates are used and trusted each incentive plan business objectives reward the agency. Better graphically efforts of the members of the very basic types of bonus is to tie to. And is available for immediate download to work hard where they are great job of making agents communicate,... Force objectives new Accounts Quota Attainment sales Clubs product Launch Training Steps to the presentations needs ppt download..., use new technology, and bring in revenue graphic that deals with like... Relate compensation to productivity our persuasive sales incentives plans with the entire into! Be: a brief overview of the group Files ( download Requires dig for! Plan that helps everyone to succeed will keep the momentum going equally motivated weekends to more. Graphic elements in the slide and on the profits of the group motivation | Customer plan.
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