Corporate workers and executives who would have never considered taking a commission only position are suddenly faced with the reality that these are the only companies still hiring in any great numbers. In addition, many people are attracted to sales positions to help supplement meager unemployment offerings.
What follows are five tips for picking a commission job in a bad economy.
1) Research the company. Find out who competes with them. Find out what their niche is. Find out how their top people get the job done. Check the financial stability of the company. Get an idea of what you can reasonably make, bearing in mind, the person recruiting for the company is a salesman.
2) Look for the right product. Does this product fit in your area? Is it a luxury item or a necessity? Do you believe in the product enough to buy it, even if money is tight?
3) Think about the cost from a client's perspective. How hard is it to afford this product? Is this product likely to be subsidized by the government, an employer, or through insurance?
4) What kind of compensation package is the company offering? It is great to get commissions from a sale. It is even better to get on-going commissions for the sale. Does the company have plan for renewals or on-going account sales?
5) What is your overhead? Working on a commission only basis is a lot like starting your own business. How much is it going to cost you to sell the product? Don't underestimate the cost of fuel, wear and tear on vehicles and equipment, and office supplies like ink for your printer.
If you consider all of these options and are willing to truly apply yourself to your new job, you might find your commission only job will become your life-long career.
Published by Mike Bauman
Sales Coordinator with major insurance company ex-police officer View profile
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2 Comments
Post a CommentNice tips! Everybody should take a look at this!
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