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re: Anyone work in Sales with zero base salary, only commission?

Posted on 5/13/15 at 4:27 pm to
Posted by gatorrocks
Lake Mary, FL
Member since Oct 2007
13969 posts
Posted on 5/13/15 at 4:27 pm to
Any entrepreneurs do this. Especially when starting off.

Think about it...

If you can survive commission only, you might make the transition over entrepreneur.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65697 posts
Posted on 5/13/15 at 4:35 pm to
quote:

Was always told to stay away from those jobs....company has no stake in you.


Doesn't apply for me and my situation for certain. In fact, they do everything possible to support me. In essence, I am my own company and independent of my parent. We depend on each other a great deal and have a great relationship. I sell and they provide world-class service and support to both me and my clients.

I play golf when I want. Sleep late? Why not. Vodka tonic at lunch? Sounds good! Make it a double.

It's not for everyone but then again, 100 %'ers are a different breed. Winners. Hustlers.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55257 posts
Posted on 5/13/15 at 4:49 pm to
quote:

Doesn't apply for me and my situation for certain. In fact, they do everything possible to support me. In essence, I am my own company and independent of my parent. We depend on each other a great deal and have a great relationship. I sell and they provide world-class service and support to both me and my clients. I play golf when I want. Sleep late? Why not. Vodka tonic at lunch? Sounds good! Make it a double. It's not for everyone but then again, 100 %'ers are a different breed. Winners. Hustlers.



Actually the top 2% of the 100% ers are another breed. 50-98 make a good living, the bottom 50% come and go frequently
Posted by fleaux
section 0
Member since Aug 2012
8741 posts
Posted on 5/13/15 at 5:04 pm to
I work in 100% commission sales but deal with retailers and our routes are all set up to make at least a certain amount..... Anything else is incentives plus pure hustling
Posted by Hog Springs
I'm on a boat
Member since Nov 2010
4436 posts
Posted on 5/13/15 at 5:27 pm to
In car sales. 100% commission. I get a $750 draw every Friday and then on the 15th I get my commission check from the previous month minus $3250 in draw.

Works out pretty well for myself. Just bought a new house, truck and boat
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65697 posts
Posted on 5/13/15 at 5:28 pm to

And I admire that. Even though you have a set client base it's not easy. Makes you stronger.

I'll be honest, my comms are pretty high. My lowest product is 20% and my highest is 35%. That's from 1 tube of grease, a gallon of fluid, a drum or a tank. shite adds up quickly.
Posted by 2smooth
Member since Jan 2015
2777 posts
Posted on 5/13/15 at 6:03 pm to
I'm pretty close, but with a great customer base, hard work, building relationships, being honest, doing what you say, knowing your product and applications, knowing your competition, etc. will go a long way.

I also am supplies a vehicle, fuel card, PCard, and phone. Other benefits as well like 401K with matching, profit sharing, Med ins, etc. Training should be big for them and finding a mentor is even better. You can make bank if there are no caps on commission.

There is a lot more to consider. Product availability, philosophy on customer service in the company. You can work your arse of getting an opportunity and making a sale, only to see it ruined by some clerk who gets paid weekly or bi weekly and says something or drops the ball in something to the customer.

Your company needs to have a strong support system in place.

This post was edited on 5/13/15 at 6:09 pm
Posted by Spunky
Member since Mar 2013
10020 posts
Posted on 5/13/15 at 6:04 pm to
quote:

this is true for any sales job regardless of commission salary set up. Hell, its true of any profession, period. 






This guy gets it.
Posted by PurpGold 14-0
Member since Nov 2012
3801 posts
Posted on 5/13/15 at 6:35 pm to
quote:

by tigerinthebueche
hope you are selling illegal narcotics.




I LOVE SELLIN BLOWWWWWW
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51379 posts
Posted on 5/13/15 at 6:57 pm to
Depends on history. My experience has been those companies were not invested in you OR the customers.

However, that was pretty standard in mortgage industry. Flip side is you don't want someone getting too comfortable on a base.
Posted by Gorilla Fingers
Member since Jul 2011
1553 posts
Posted on 5/13/15 at 7:11 pm to
quote:


WhyIoutta...


We need to talk then! You also do service and rentals? Have an idea on the heavy EQ rental front that needs to be beta'd. Could be very lucrative for the right outfit.


what's your idea? I sell equipment to rental yards and equipment dealers. Just curious.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83929 posts
Posted on 5/13/15 at 7:11 pm to
Sounds like Hell to me.
Posted by Howyouluhdat
On Fleek St
Member since Jan 2015
7337 posts
Posted on 5/13/15 at 7:14 pm to
I'm in sales and am glad I can still earn a nice check if I have a bad month. We get base and commission
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
116108 posts
Posted on 5/13/15 at 7:16 pm to
quote:

Sounds like Hell to me.


I did it for 6 years and loved the thrill of a big sale. The rush is hard to explain. First 18 months were tough, but I made some serious money after that. 250 cold calls a day... smile and dial.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
24969 posts
Posted on 5/13/15 at 7:16 pm to
Straight commission for me.
I'm a broker.
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
116108 posts
Posted on 5/13/15 at 7:18 pm to
quote:

Straight commission for me. I'm a broker.


Location is Memphis. Stocks and bonds?
Posted by TigahRag
Sorting Out OT BS Since 2005
Member since May 2005
132775 posts
Posted on 5/13/15 at 7:18 pm to
What were you doing ? I thought your family had a fiberglass empire down in NOLA ..
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83929 posts
Posted on 5/13/15 at 7:19 pm to
I don't hate on guys that can do it. I admire their resolve, tbh.
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
116108 posts
Posted on 5/13/15 at 7:21 pm to
quote:

What were you doing ?


Stocks and bonds out of college.

quote:

I thought your family had a fiberglass empire down in NOLA ..


Yep, left the brokerage business to run the family business when dad decided to play golf 5 days a week. Couldn't turn down that offer. Less stress is a good thing.
Posted by TigahRag
Sorting Out OT BS Since 2005
Member since May 2005
132775 posts
Posted on 5/13/15 at 7:25 pm to
Where did you get filthy rich ? As a broker? or as "glass"man ?
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