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re: Can someone explain to me why sales can be a lucrative profession?
Posted on 7/25/18 at 7:41 pm to Mingo Was His NameO
Posted on 7/25/18 at 7:41 pm to Mingo Was His NameO
I would argue in a way every role is a sales role. You need to present and convey your work that generates or sustains demand.
Posted on 7/25/18 at 7:42 pm to Mingo Was His NameO
All the sales guys in my neighborhood seem to work 20 hours a week and spend a lot of time on the golf course. That doesn't appear to be changing.
Posted on 7/25/18 at 7:42 pm to Marco Esquandolas
quote:
Not very bright, are you?
Great explanation of why I am misguided. I'm not in sales and don't interact with many Salespeople professionally so I am trying to understand the value they bring. Your thoughtful response has assisted in that process.
Posted on 7/25/18 at 7:42 pm to Mingo Was His NameO
In my world, technical sales people often become kind of an ad-hoc staff member. They are generally technical experts on whatever they are selling and are paid accordingly.
Posted on 7/25/18 at 7:43 pm to Mingo Was His NameO
Until you are the one under the knife.
Posted on 7/25/18 at 7:43 pm to Mingo Was His NameO
quote:
I'm genuinely asking. I get 30, 40, 50 years ago why sales guys would earn there money. However, in today's information age why are we still paying sales reps potentially such hight salaries?
I know this is over your mental capacity, but there’s something called quotas, and they know exactly how much money these salesmen are making their company. It is probably the most easily measurable profession in terms of performance than almost any other.
quote:
It seems to me they are glorified order takers for the most part. Anyone can get online and find any product they want.
How are they going to find out about the product if no one tells them about it? Just hope your potential customers shoot in the dark?
quote:
What made me think of this is one of my clients is a hospital and I've had to research medical devices. I can find the exact specs of products online so if I were the device company why would I pay such a high commission for someone to go sell it?
Great industry to use an example. Just go to Craigslist for all your cheap medical supplies, hand them over to the doctors, and hope for the best. What could go wrong with a dumb frick like yourself shopping for medical devices with no experience whatsoever? It’s not like you could get sued into an oblivion or anything by just winging it and not having two people who are actually well trained negotiating and talking about what product would be best for that specific patient.
quote:
Ideal compensation to me would be mostly salary with a capped commission. That still incentivizes growth for the salesman, but I'm not paying a guy to go take the same orders over and over again.
Then have fun losing all of your best salesmen to the competition that will properly compensate them for their work. You are an idiot.
Posted on 7/25/18 at 7:44 pm to Mingo Was His NameO
quote:
Again, I think they bring value to the chain. I'm not saying eliminate them or pay them scraps. My point is they are paid the same as they were 3p years ago (adjusted of course), but 30 years ago I think they brought way more to the transaction cycle than now.
Why would you think that? 30 years ago our sales team was selling 15k a year in weekly revenue and now we sell 80k.
We also have to continue to find new customers and don’t keep them to continue selling to them. It’s a constant grind always having to cold call and walk into places everyday.
This post was edited on 7/25/18 at 7:47 pm
Posted on 7/25/18 at 7:44 pm to Mingo Was His NameO
Service afterwards is a big influencer as well. Medical wise, if you’re looking at a prosthetic or orthotic, and Hanger cost 10% more than a new upstart prosthetic and orthotic company, you go with hanger. Because they are basically a national company that you know will be around in two years if the prosthetic needs tweaking, or if the patient moves to a different city.
Posted on 7/25/18 at 7:45 pm to fallguy_1978
quote:
I know a regional sales manager for Cisco that lives in a 1.5 million dollar house around here. The ones that have moved up and get a percentage of the sales in their region can make a lot. I wouldn't want to do it though.
I know a dude who was a regional salesman for Gillette. He was responsible for going to walmarts and where ever else they sell Gillette products, monitor the sells, what people are buying and not buying at what locations, setting up displays.
He started out making pretty good... Got a company car, gas card, they paid for his cell phone. After working there for about two years, they wanted him to move up, but he would have had to relocate.. I think in St Louis or somewhere. He didn't want to relocate... Well, I think it was more of.. his wife didn't want to relocate.. So he quit because if he wasn't going to relocate he wouldn't have been able to move up.. But salesmen for big brands can make a good living.
Posted on 7/25/18 at 7:45 pm to TH03
frick off
RND, on-premise sales. My entire team pretty much started fresh out of college.
You sound like an idiot and spend a lot of time on this site. Don’t fool people into thinking you actually have a job you incel.
RND, on-premise sales. My entire team pretty much started fresh out of college.
You sound like an idiot and spend a lot of time on this site. Don’t fool people into thinking you actually have a job you incel.
Posted on 7/25/18 at 7:46 pm to Mingo Was His NameO
quote:
Ideal compensation to me would be mostly salary with a capped commission. That still incentivizes growth for the salesman, but I'm not paying a guy to go take the same orders over and over again.
Plenty of products and services are incredibly similar. When you need to sell the same solution that everyone else has, you need a motivated salesman.
Posted on 7/25/18 at 7:46 pm to Mingo Was His NameO
You are talking selling a physical product. Some people sell services, such as IT consulting. In that case the specs of the product can't be determined by a spec sheet. You largely have to have a good relationship with a n account rep at a company that has a good reputation.
Posted on 7/25/18 at 7:46 pm to OMLandshark
quote:
OMLandshark
Way to put zero effort into thinking about what I said. Guess what, labor roles change and like I've said 3 or 4 times I think they bring value, just not the same value as they used to.
This post was edited on 7/25/18 at 7:50 pm
Posted on 7/25/18 at 7:47 pm to ellishughtiger
quote:
My entire team pretty much started fresh out of college.
Not in liquor unless you’re in a shite market.
quote:
You sound like an idiot and spend a lot of time on this site. Don’t fool people into thinking you actually have a job you incel.
Imagine being this worked up over a random internet poster.
Posted on 7/25/18 at 7:49 pm to fallguy_1978
quote:Why? It can be a great career. I work in defense contracting, get to go out on Navy ships, submarines, etc.. I work with NASA. This next weekend I'm flying in an Osprey at night to gather data with my engineers on a new technology my company developed. I work with the state department for security, the DoD on C4ISR programs and with, well, just use your iMAGAnation. It's a dream sales job.
I wouldn't want to do it though.
Posted on 7/25/18 at 7:49 pm to TH03
I guess New Orleans is a shite market because they hire newly college grads for on premise liquor sales jobs.
Posted on 7/25/18 at 7:51 pm to Tiger Vision
quote:
You are talking selling a physical product
Yes.
quote:
Some people sell services, such as IT consulting. In that case the specs of the product can't be determined by a spec sheet. You largely have to have a good relationship with a n account rep at a company that has a good reputation.
I understand this is completely different. You are selling a professional service. You're doing something that others don't have the technical knowledge to do, I do the same exact thing.
Posted on 7/25/18 at 7:52 pm to ellishughtiger
Comparatively yes. That’s now how it’s run here.
Posted on 7/25/18 at 7:53 pm to Mingo Was His NameO
Got a friend in software sales in San Fran, she makes a hell of a lot of money.
Great salespeople are invaluable, the remaining 90% not so much. A lot of turnover in the profession.
Great salespeople are invaluable, the remaining 90% not so much. A lot of turnover in the profession.
Posted on 7/25/18 at 7:56 pm to Mingo Was His NameO
quote:
It seems to me they are glorified order takers for the most part. Anyone can get online and find any product they want.
No need to read any more after this.
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