"their residual gets so high they no longer have to get new clients to earn a great living so they eventually stop selling and just work part time maintaining their base and lifestyle."
There are worse problems to have. I'd gladly have 47 salespeople that sold so much that they don't actively sell anything anymore and just sit on their butts. ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ----- Original Message ----- From: "Lewis Bergman" <lewis.berg...@gmail.com> To: "AnimalFarm Microwave Users Group" <af@af.afmug.com> Sent: Monday, September 21, 2020 11:21:35 AM Subject: Re: [AFMUG] Commissioned Sales I wouldn't pay someone bot a month upfront and a residual, but maybe I am greedy. The big thing I think you should watch out for that always scuttles sales people I have apus that way is their residual gets so high they no longer have to get new clients to earn a great living so they eventually stop selling and just work part time maintaining their base and lifestyle. At least that is what has happened every time I have tried it. So I would either limit residual to some period of months and only extend it if they both upped their monthly and renewed for a longer term. None of that was what you asked and the better softwares will produce commission report for you. On Sun, Sep 20, 2020 at 9:38 AM Matt Hoppes < mattli...@rivervalleyinternet.net > wrote: I’m planning to do 100% of the monthly rate upfront and then 5% ongoing. I figure the more they help the company grow they should be making more too. A 350/month account - that’s only $18 to the sales person. Insignificant to the company, but massive potential for them considering what they are bringing in. <blockquote> On Sep 20, 2020, at 10:32 AM, Jesse DuPont < jesse.dup...@celeritycorp.net > wrote: <blockquote> We do it as one time commission - usually 1x or sometimes 2x the monthly for that sale. We give it to them again on a renewal. We usually have term contracts so as to ensure the revenue stream over time since we're paying the commission up front. We haven't done a recurring commission yet. Jesse DuPont Owner / Network Architect email: jesse.dup...@celeritycorp.net Celerity Networks LLC / Celerity Broadband LLC Like us! facebook.com/ celeritynetworksllc Like us! facebook.com/ celeritybroadband <celeritynetworks-GIF.gif> On 9/20/20 8:19 AM, Matt Hoppes wrote: <blockquote> Does anyone have an excel sheet or other tracking method for a commissioned sales person they’d want to share, or share how you do it? We are hiring our first outside sales person. She has a base salary, but then gets bonuses based on closed sales, as well as recurring commission for accounts that stay. Trying to figure out the best way to track this. </blockquote> </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> -- Lewis Bergman 325-439-0533 Cell -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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