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View Poll Results: What is the right amount to pay based on the question below...
$15 per sold client per month 3 13.64%
$20 per sold client per month 5 22.73%
$25 per sold client per month 7 31.82%
$30 per sold client per month 5 22.73%
Just get Gaz to do it for free! 2 9.09%
Voters: 22. You may not vote on this poll

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Old 09-16-2009, 01:11 PM  
AustinChief AustinChief is offline
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Sales commission advice needed... NEW SUBFORUM SETUP FOR THIS!
OK background: I just started a new business that is taking off in Austin and is launching next week in Dublin and Belfast. I plan to expand to other cities but will need salespeople and am wondering what a fair compensation is.

The job is quite easy, it is a service that is sold to a bar, restaurant, or similar venue... the service is very cheap (~$100/month) and is currently being VERY well received (i.e. selling itself, at the least a very easy sell).

Based on the above... what is a fair commission per sale? I plan for each sale to CONTINUAL pay out to the salesperson as long as they remain a customer... this encourages the salesperson to maintain the relationship and gives them a nice residual income should they decide to move on at some point.

My gut tells me the proper price point is between $15-$30, which works out to $1500-$3000/month in CONTINUOUS income once they have sold 100 clients (the LOW, LOW, LOW estimate for any given region). The more realistic estimate is in the range of 200-250.. so to play it safe.. they SHOULD be able to build a client base to 200 and earn between $3k-$6k /month

OK! Now ..what is the EXACT figure that seems the most FAIR and will be able to attract competent salespeople without being exorbitant?

Poll to follow
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Old 09-18-2009, 07:44 PM   #61
AustinChief AustinChief is offline
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Ok, I will shoot for Wednesday. I will let everyone know early next week via PM.
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Old 09-21-2009, 03:54 PM   #62
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Ok Wednesday at 8pm CENTRAL time. I'll run the Webinar using GoToMeeting. This will limit us to 15 people which is cool cuz I expect only about 5.

Quote:
Please join my meeting, Wednesday, September 23 at 8:00 PM Central Daylight Time.
https://www1.gotomeeting.com/join/351263617
I will provide the meeting password via PM.
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Old 09-21-2009, 03:56 PM   #63
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Awesome. I'll be on.
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Old 09-21-2009, 03:57 PM   #64
OnTheWarpath15 OnTheWarpath15 is offline
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Originally Posted by AustinChief View Post
Ok Wednesday at 8pm CENTRAL time. I'll run the Webinar using GoToMeeting. This will limit us to 15 people which is cool cuz I expect only about 5.



I will provide the meeting password via PM.
I'll do my best to be there, as I really want to be part of this.

I've already spoken to a few of my contacts about it very loosely, and they want to hear more.
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Old 09-21-2009, 03:58 PM   #65
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Old 09-21-2009, 04:04 PM   #66
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Nice! Ok, just to be clear, this is a webinar to go over how this is marketed and go into further detail on the process itself.

If everything goes as planned... I will PM people in each available region and line up an individual phone call to nail it all down.
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Old 09-21-2009, 04:07 PM   #67
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I'll look forward to hearing more on Wednesday.
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Old 09-23-2009, 04:40 PM   #68
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Quote:
Originally Posted by AustinChief View Post
Ok Wednesday at 8pm CENTRAL time. I'll run the Webinar using GoToMeeting. This will limit us to 15 people which is cool cuz I expect only about 5.



I will provide the meeting password via PM.
I'd like to be there. Please shoot me the password. Thanks
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Old 09-23-2009, 04:44 PM   #69
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Same here. I may be 10 to 15 min late depending on traffic.
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Old 09-23-2009, 05:03 PM   #70
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No worries. I will send out invites in about 90 minutes.
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Old 09-23-2009, 05:04 PM   #71
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No worries. I will send out invites in about 90 minutes.
Sounds good.

EDIT: Shit. Something came up.

Kyle, are you able to save a transcript of this and send it to me via PM or email? I can't make it, but I really want to be involved. I already have several contacts in STL that are dying to hear more.
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Old 09-23-2009, 05:12 PM   #72
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I'll assume your salespeople will need to be in markets where there are hundreds of restaurants an bars? I'm a TV advertising salesperson, but I don't live in a very large market. Unfortunately, I wont be able to see the webinar.
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Old 09-23-2009, 06:52 PM   #73
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Old 09-23-2009, 06:56 PM   #74
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Old 09-23-2009, 06:56 PM   #75
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