Sales commission advice needed... NEW SUBFORUM SETUP FOR THIS!

[Mile High Mania]

Originally Posted by BuckinKaeding

That really depends on what the service costs you.

I think he said... "the service is very cheap (~$100/month) and is currently being VERY well received".

I guess it depends on how hard is each sell perceived to be... how long will it take someone to close the deal?

If this is one of those things that can be sold in 1 or 2 meetings with the client, and you're talking about $1,200 the client is going to invest annually... then $25 per deal for the rep would be $300 annually. They sign up 100 clients and you have a $30,000 a year gig.

How does tax play into this one? What does the rep have to do to make sure he's accounting accurately for taxes, etc? Do you have all of that in line?

Also, how are you set up to pay the reps? Are you cutting checks or making online deposits after each transaction monthly or are you waiting until the end of a month (say Jan 31) and then paying the rep in full for January at the beginning or end of February?