Five Arguments Why You Should Change To Recurring Commissions For Sales
Why not change to recurring commissions for sales as opposed to taking only one commission payment
?
Lots of people have considered it. A few really followed through and made it happen. Many just quickly thought about the thought, then went on to another thing. Many will still be merely considering it and haven't actually started doing it. Other people have become stalled for lack of information and have not yet begun to seriously think about it.
Hmm. Are they truly legitimate reasons? Was the positive side included? Was that balanced? Did we look at the "pro" side or just the "con" side? Maybe we should take a look at that. Here are five reasons why you should switch to recurring commissions for sales, just to find out if any one of them fit here.
First, You make repeating commissions that build up over time because the customer pays invoices.. O.K., I will accept your objection that the commission for each sale is generally less than an individual sales commission payment. Sure, it is a legitimate observation, however evaluate it like this, the commission payments are both accumulative and repeating. The more you sell in a month, the higher the recurring commission you make the following month prior to making the first sale of the month.
In addition, take into account that with an ordinary commission sales job, if you make zero sales in a month, you make no income in that month. By having a repeating sales commission job, your re-occurring income gets paid regardless of whether you make new sales or not. You make a commission on previous sales every month that the customer pays an invoice.
Second, There isn't any limit on your earnings. The more sales you make, the bigger the recurring commission income payable every month. The main reason behind that would be the only way you can generate losses is if the customer moves on and no longer does business with the firm. And therefore you have total control of your earnings. If you want additional regular monthly income, boost your rate of closing sales to adjust your repeating monthly earnings upward.
Third, You will not lose your sales job when you have a poor month.
In a regular commission sales job, 2 poor months might damage your ability to pay your debts and might cause you to be terminated. With repeating commissions there isn't any such thing as a bad month. You'll still receive what you got paid last month, and if you still make absolutely no sales this month, and you will get that same amount each month down the line until you make new sales, assuming no customers end their connection with the business while you are attempting to improve your sales. This is a huge stress reliever right there in this horrible economic climate of ours!
Fourth, There are no yearly sales quotas to cope with. Since you are determining your earnings, YOU decide what your yearly sales quota will be and do it
And fifth, how would you like to have a one month vacation, rest, enjoy life and find out that you have cash waiting when you get back? Take two months. The worst that could happen is that you will either have the same income for two months, or a bit less if customers leave the company while you're away.
Once you have had time to review the reasons, and consider them, you'll find that a top notch case can be made in favor of changing to repeating commissions for sales and the financial freedom it can bring to your life. Drop out of the corporate jungle and earn cash when you choose to and rest when you decide to because your cash flow never stops.
OK, after thinking about all that info, what's your opinion now? Isn't that info powerful? What if you definitely could switch to recurring commissions for sales and generate the amount of cash you have always wanted and the standard of living that goes in conjunction with it?
Once you examine the different reasons and evaluate them, you will have to admit that a very compelling case can be made for considering how to change to recurring commissions for sales and develop a new income stream that grows right along with your ambition. Not only that, you never have to worry about being "promoted" to sales management and your accounts becoming house accounts. You're an independent contractor and have no manager.
You will never be dismissed for making zero sales in a month and you would be insane to give up a job that pays you repeating commissions, no matter whether you make new sales or not.
Just give some thought to it. Maybe, just maybe, you really should change to recurring commissions for sales right this moment. If you're a skilled sales rep, there's no reason to not grab the cash you deserve.
by: Tony Romero
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