Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
west Internet Exchange > > The Brothers WISP > > > > > From: "Lewis Bergman" > To: "AnimalFarm Microwave Users Group" > Sent: Monday, September 21, 2020 11:21:35 AM > Subject: Re: [AFMUG] Commissioned Sales > > I wouldn't pay someone bot a mon

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Mike Hammett
y, 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 t

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread chuck
Been there, land of Dilbert. -Original Message- From: Robert Andrews Sent: Monday, September 21, 2020 4:30 PM To: af@af.afmug.com Subject: Re: [AFMUG] Commissioned Sales Divorcing the sales from the support can lead to sales promising more than support can deliver... On 09/21/2020 02

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
Sounds like Dilbert. This is also why we work in an open office. > On Sep 21, 2020, at 6:31 PM, Robert Andrews wrote: > > Divorcing the sales from the support can lead to sales promising more than > support can deliver... > >> On 09/21/2020 02:24 PM, Matt Hoppes wrote: >> Ding ding ding!!!

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Robert Andrews
Divorcing the sales from the support can lead to sales promising more than support can deliver... On 09/21/2020 02:24 PM, Matt Hoppes wrote: Ding ding ding!!! It’s not just the sale but the service after the sale On Sep 21, 2020, at 5:20 PM, Lewis Bergman wrote:  Accidentally sent. At

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
So regarding them being motivated part we also have a KPI of foreclosed commercial sales a month and there is the expectation that if it falls below that for three months in a row their job is in jeopardy. With the exception of maybe December and January > On Sep 21, 2020, at 5:30 PM, Lewis

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Lewis Bergman
And again, the man or woman that has the personality to go get $2 mil worth of sales is very often not going to be the person to give your customers the service after the sale you would like them to or that which the customer wants. But again, hope you're right. And again, to the original

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Lewis Bergman
Well, basically because they sold $2 million in business in no way means you made $2 million. I have no idea what your expense structure looks like. If you operate a great business you likely have a 25% margin. If that is the case, you are paying that person 40% of your net profit. More than that

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
Ding ding ding!!! It’s not just the sale but the service after the sale > On Sep 21, 2020, at 5:20 PM, Lewis Bergman wrote: > >  > Accidentally sent. At any rate Enterprise pays a good base plus commission to > a salesperson dedicated to bringing in new business. After the contract >

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Lewis Bergman
Accidentally sent. At any rate Enterprise pays a good base plus commission to a salesperson dedicated to bringing in new business. After the contract signing they bring in your account manager for a soft handoff and that person takes it home from there. They do a great job of it. So much so I

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
Why would I not be able to pay them if they are bringing in $2 million a year I should easily be able to pay them that amount of commission and why would I forget that they are the reason that we are where we are? I have always had the stance that if an employee works hard and is the reason

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Lewis Bergman
I don't think I mentioned anything about residential or business. I would assume you would only want/need a sales person for business accounts. Mass media can handle the residential subs. 10% of gross is a pretty huge number, but hey, it's your call of course. The trouble comes when they do

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Robert
When you get a sales person that has that kind of connectivity they pretty much feel they can pull those customers with them to any provider they want to work for.   Watched exactly that at L3 when we started up.  They hired a team of sales droids that could pull million dollar customers over

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
That's kind of my thought. So you brought in 2 million in yearly recurring sales? I'm perfectly happy giving you 200k in salary for that. On 9/21/20 12:46 PM, Adam Moffett wrote: If you have somebody who can actually make those sales then they're worth almost anything you can pay them. On

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread can...@believewireless.net
I wouldn't pay recurring to any sales rep. They need to be hungry for the next sale. On Mon, Sep 21, 2020 at 12:42 PM Matt Hoppes < mattli...@rivervalleyinternet.net> wrote: > This is for business. Not residential. > > On 9/21/20 12:21 PM, Lewis Bergman wrote: > > I wouldn't pay someone bot a

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Adam Moffett
If you have somebody who can actually make those sales then they're worth almost anything you can pay them. On 9/21/2020 12:41 PM, Matt Hoppes wrote: This is for business.   Not residential. On 9/21/20 12:21 PM, Lewis Bergman wrote: I wouldn't pay someone bot a month upfront and a residual,

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Matt Hoppes
This is for business. Not residential. On 9/21/20 12:21 PM, Lewis Bergman wrote: 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

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Lewis Bergman
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

Re: [AFMUG] Commissioned Sales

2020-09-21 Thread Josh Luthman
DuPont > *Cc:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Commissioned Sales > > > > 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 > t

Re: [AFMUG] Commissioned Sales

2020-09-20 Thread Ken Hohhof
: Re: [AFMUG] Commissioned Sales 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

Re: [AFMUG] Commissioned Sales

2020-09-20 Thread Adam Moffett
This is a feature in Platypus, and we had Platypus so that's what we did. On 9/20/2020 10:19 AM, Matt Hoppes wrote: 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

Re: [AFMUG] Commissioned Sales

2020-09-20 Thread Matt Hoppes
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

Re: [AFMUG] Commissioned Sales

2020-09-20 Thread Jesse DuPont
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

[AFMUG] Commissioned Sales

2020-09-20 Thread Matt Hoppes
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