How to Commission and Structure a (High-Performing) Sales Team

  Рет қаралды 66,665

Neil Patel

Neil Patel

Күн бұрын

Пікірлер: 113
@nshaf9630
@nshaf9630 6 жыл бұрын
Been looking for something like this for a while. Thank you Neil. You have such amazing videos with incredible amounts of value. Glad I found your channel. Always look forward to watching your next videos!
@neilpatel
@neilpatel 6 жыл бұрын
Thank you for the kind words! I’m glad you are enjoying the videos!
@alisonlaharty1841
@alisonlaharty1841 5 жыл бұрын
I was worried when I saw this was a fairly short video, but you answered all my questions very thoroughly. Very helpful information. Thank you
@neilpatel
@neilpatel 5 жыл бұрын
You're welcome, Alison!
@JasonValasek37
@JasonValasek37 6 жыл бұрын
Thank you for the mention guys and thank you for answering my question. Much appreciated. Your growth hacks are a huge help!
@neilpatel
@neilpatel 6 жыл бұрын
You're very welcome, Jason! Thanks for the great question :)
@shabchique7149
@shabchique7149 2 жыл бұрын
Some great points from both. Pleasant surprise to see Adam here.
@neilpatel
@neilpatel 2 жыл бұрын
Thank you!
@jb9282
@jb9282 4 жыл бұрын
I am producer and I paying 40% for sales hero , I never tell to Sales hero’s what to do. I’m just say : do your way , try what ever you like - you get 40% from Product price ( sample wrist watches over pc. 250€ ) But why 40% ? /-My risk is production and warranty’s , branding , product service and shipping. /-Your risk is your time , experience and marketing invest. No risk - No Champaign 🌼🤓🌼 Later ... your job is good ? You get the chance to invest a lot of your own or bank credit money’s and be a partner.😉
@neilpatel
@neilpatel 4 жыл бұрын
If you find that's working for you, that's awesome :)
@samueldhinakar5477
@samueldhinakar5477 3 жыл бұрын
Feed them good. They feed you good leads. Thank you Neil sir. Love you for dropping knowledge 🙏🏻❤️
@neilpatel
@neilpatel 3 жыл бұрын
My pleasure
@econ.joseignaciobritoponce9165
@econ.joseignaciobritoponce9165 3 ай бұрын
Great video! Does anyone know any specific hub where to find this vendors, I have been trying in LinkedIn but maybe I am missing out on sth.
@Deepakkrout
@Deepakkrout 9 ай бұрын
Hey Neil, I appreciate your thought around sales. How do you see, tool expenses should include in 10 %?
@IntermountainGoldRefiners
@IntermountainGoldRefiners 3 жыл бұрын
This was great thanks for posting this. I am also a big fan of the keyword tool!
@neilpatel
@neilpatel 3 жыл бұрын
Glad it was helpful!
@IntermountainGoldRefiners
@IntermountainGoldRefiners 3 жыл бұрын
@@neilpatel very!
@mastermindwebinars
@mastermindwebinars 6 жыл бұрын
Thank you Neil, you always know what to say, business master right here everybody...
@neilpatel
@neilpatel 6 жыл бұрын
You’re very welcome!
@FXCORRELATOR
@FXCORRELATOR 4 жыл бұрын
10% of revenue is interesting but surely knowing the GP is vital to understand if this works ?
@haridasification
@haridasification 6 жыл бұрын
Teamwork always wins
@neilpatel
@neilpatel 6 жыл бұрын
Agreed!!
@scottbendlin2214
@scottbendlin2214 Жыл бұрын
I'm about to start a new business and I have no experience on a commission-based employees my question is what percentage will work for the sales employees and and I do believe that the commission will only become off of the labor the product I'm selling prefabricated structures does their commission come off the total sale of the product and the labor or only off the profit to install and put together structures
@neilpatel
@neilpatel Жыл бұрын
The commission would be based on how much they sell. A reasonable commission rate also depends on the salary, and the value of the sale. A range of 20%-30% is a reasonable commission rate
@DoBeLove
@DoBeLove Жыл бұрын
I never knew about upwork. Thank you!
@neilpatel
@neilpatel Жыл бұрын
Happy to help!
@masterroshi6983
@masterroshi6983 5 жыл бұрын
Some wise words of wisdom towards the end, thank you. Passion is key.
@neilpatel
@neilpatel 5 жыл бұрын
Yes!
@Timberbeartrail
@Timberbeartrail Жыл бұрын
Does the base include the 10 percent of is the base plus 10 percent. How do I know what to pay as the base.
@neilpatel
@neilpatel Жыл бұрын
That depends of many things! The calibur of the job, the persons qualifications and experience, etc.
@Cedar843
@Cedar843 5 жыл бұрын
Neil, you got the scoop dude.
@neilpatel
@neilpatel 5 жыл бұрын
;)
@onlinevisuallyleadsthatcal627
@onlinevisuallyleadsthatcal627 6 жыл бұрын
I love your videos Great content. I will be writing some articles and will link to you. Thanks for sharing Neil & Adam. :) (y)
@neilpatel
@neilpatel 6 жыл бұрын
Thanks a lot, Adam!
@ex7500
@ex7500 4 жыл бұрын
When you speak of 10% or more of commission, are you referring to the gross sale or the profit? I have had sales people in the past the try to sell by low price and the winners are the customer and the salesperson but not the company. What is your thought on that?
@neilpatel
@neilpatel 4 жыл бұрын
The company definitely needs to profit. If it's not then you may need to rethink your sales structure.
@superiordigital2984
@superiordigital2984 6 жыл бұрын
The new Ubersuggest is EPIC™
@neilpatel
@neilpatel 6 жыл бұрын
Thanks so much!!!
@syedailminanasreen3297
@syedailminanasreen3297 3 жыл бұрын
How to find...passion while recruiting ..because resume is the one which is asked for?? And some people resume is quite intresting while their work not much appreciated...on the other hand some are really passionate but lack of food qualifications..but have the potential to do better.. how will you define ?
@neilpatel
@neilpatel 3 жыл бұрын
By how many work one has put into their work life/resume. You can also determine passion in an interview.
@kamaljitsinghAMZonestep
@kamaljitsinghAMZonestep 6 жыл бұрын
Hey Neil, I am launching my keyword tool in few weeks. What is your perfect launch strategy?
@kamaljitsinghAMZonestep
@kamaljitsinghAMZonestep 6 жыл бұрын
Thanks my tool is in different industry :)
@neilpatel
@neilpatel 6 жыл бұрын
It depends on your industry ;)
@TheadamsyafiqYT
@TheadamsyafiqYT 6 жыл бұрын
heyy, i wonder which is better, outsource free lancers to our marketing team, or hire them and work together at a place? im concerned they dont like the 9-5 environment
@neilpatel
@neilpatel 6 жыл бұрын
I have found great success with both. I think it depends on the tasks at hand and the goals of the business.
@jobinjoseph9961
@jobinjoseph9961 6 жыл бұрын
Hi Neil love your work. I have created a new blog for the first time and didn't invest in a premium theme. I want to know that can I start affiliate marketing on my existing blog or should I make a separate website or blog for it. I am asking at initial stage(to start affiliate marketing).
@neilpatel
@neilpatel 6 жыл бұрын
If the content is great and you are focused on driving the right audience, it doesn't make a big difference if the theme is premium or not.
@Eishventura
@Eishventura 6 жыл бұрын
*NEIT PATEL* UNA PEQUEÑA PREGUNTA; COMO SABER SI TENGO SEO NEGATIVO EN MI WEB: AYUDA POR FAVOR
@neilpatel
@neilpatel 6 жыл бұрын
You can use SEMrush to do a site audit
@Eishventura
@Eishventura 6 жыл бұрын
THX NEIT
@punit5601
@punit5601 6 жыл бұрын
What language is that?
@knedits2323
@knedits2323 6 жыл бұрын
Sir I want to make money by affiliate marketing but I don't have any idea how to start I read your blog affiliate marketing but I don't understand properly everything
@neilpatel
@neilpatel 6 жыл бұрын
Keep researching. You will figure it out :)
@knedits2323
@knedits2323 6 жыл бұрын
@@neilpatel sir if I order freelancing that person are telling me about website with onpage and offpage SEO for affiliate marketing price in 90$ custom order can I order him
@cacosud
@cacosud 6 жыл бұрын
Off topic question, but what camera do you use for your videos? They look soo crisp!
@neilpatel
@neilpatel 6 жыл бұрын
I believe a Canon 5D but I am not 100% positive.
@alisonlaharty1841
@alisonlaharty1841 5 жыл бұрын
Hello are you able to show me how you write out a report to lay out the different commissions levels for a large event digital media company?
@neilpatel
@neilpatel 5 жыл бұрын
Perhaps in a future video, Alison
@punit5601
@punit5601 6 жыл бұрын
If it's higher than that, what can we do? If we reduce employees salary, they would leave. So what do you suggest?
@punit5601
@punit5601 6 жыл бұрын
@Tim Carey I don't have a team right now but I am just assuming what to do
@punit5601
@punit5601 6 жыл бұрын
@Tim Carey do you have any solution if that happens?
@HCBCHEMISTRY
@HCBCHEMISTRY 6 жыл бұрын
How can I convince local people to visit the website? Billboard?
@neilpatel
@neilpatel 6 жыл бұрын
Focus on Local SEO: you can find great articles about this strategy on my blog
@richeststore3986
@richeststore3986 6 жыл бұрын
In next Q&A Thursday Please Explain About "Shopify".
@neilpatel
@neilpatel 6 жыл бұрын
Thanks for the suggestion :)
@hydra_trading
@hydra_trading 3 жыл бұрын
Do sales people also generate leads if I teach them where and how they can find leads?
@neilpatel
@neilpatel 3 жыл бұрын
Totally :)
@hydra_trading
@hydra_trading 3 жыл бұрын
@@neilpatel amazing
@vamsikrishnapannala
@vamsikrishnapannala 6 жыл бұрын
Hi Neil, is it a good idea to write a text article around a topic on your blog and with minimal tweaks in the content, can we use the same content for making a video and podcast of the same? Also should the titles be same or different for each of these posts from a SEO perspective?
@DavidPereira-ue6hc
@DavidPereira-ue6hc 6 жыл бұрын
I think so man as long as the content is relevant.
@neilpatel
@neilpatel 6 жыл бұрын
You can definitely repurpose content for multiple channels of distribution like this. You can slightly change the name as well.
@vamsikrishnapannala
@vamsikrishnapannala 6 жыл бұрын
@@neilpatel Thanks Neil.
@JuanAlvarezMusic
@JuanAlvarezMusic 4 жыл бұрын
Good info thank you
@neilpatel
@neilpatel 4 жыл бұрын
My pleasure, Juan
@drfarooqhaiderqaisrani
@drfarooqhaiderqaisrani 6 жыл бұрын
Hey Neil. Amazing. You are the Best person for marketing. Thursday now always reminds me of you. Now my question for you is at time of updating an article, if there is a change in the permalink. will it effect rankings and what about backlinks?? like if I have a permalink of best e books and now I want to change it to e books. What do you suggest.
@neilpatel
@neilpatel 6 жыл бұрын
If you are going to change a URL you need to make sure to use the proper redirect to ensure that you don't lose all of the authority or backlinks you have built.
@DavidPereira-ue6hc
@DavidPereira-ue6hc 6 жыл бұрын
Hey Niel can you create a India specific video a huge market awaits you.
@neilpatel
@neilpatel 6 жыл бұрын
Thanks for the suggestion :)
@premnadar3348
@premnadar3348 2 жыл бұрын
Sir I am indian business man I want to know that according to your this video if my sales representative salary is 20000 then he should bring revenue of 200000 which means 10 times his salary. Is my understanding right.
@neilpatel
@neilpatel 2 жыл бұрын
If your revenue is 200,000 then your total compensation for your whole sales department should be 20,000
@premnadar3348
@premnadar3348 2 жыл бұрын
@@neilpatel Thanks sir it will be very helpful.
@candig879
@candig879 4 жыл бұрын
This was useful
@neilpatel
@neilpatel 4 жыл бұрын
Good :)
@TheNationalWellnessOrg
@TheNationalWellnessOrg Жыл бұрын
As a new business owner with low revenue, I'm hiring people on a purely commission basis. I'm offering a a very generous commission on each product and wanted some tips on how to maintain excitement and motivation. I really want to be paying my staff a basic and have them work for me long term, ideally id like an office in the city to work from with sales staff, but right now its just not feesable. If anyone can recommend ways to obtain a m monthly basic salary to be able to keep my staff then id love to be enlightened. I just cant see any other way without taking out a business loan or something which im really trying to avoid. Thanks!!
@neilpatel
@neilpatel Жыл бұрын
Instead of offering the commission, you could offer the salary with a smaller commission! It's going to take some time for your business to build up revenue, so just keep pushing!
@TheNationalWellnessOrg
@TheNationalWellnessOrg Жыл бұрын
@@neilpatel I appreciate your feedback😊 I'd love to show you my business model to shed some light on how I could do that. I'll definitely keep pushing, thanks for the support. 😊
@ibcshaktisinghnarukabadabu2536
@ibcshaktisinghnarukabadabu2536 6 жыл бұрын
Thanks!
@neilpatel
@neilpatel 6 жыл бұрын
You are welcome!
@workassisted254
@workassisted254 4 жыл бұрын
How do I convince people on only commission to join my company?
@neilpatel
@neilpatel 4 жыл бұрын
Offer them a good company culture and good benefits
@pakathuveetuponnu7477
@pakathuveetuponnu7477 6 жыл бұрын
🌷 Good Job🌷
@neilpatel
@neilpatel 6 жыл бұрын
Thanks!
@ah000
@ah000 2 ай бұрын
Bootstraps small B2B here and I think 10% won't motivate anyone in today's economy. I have very little overhead costs, so I'm thinking of starting at 10% and increment 5% with every business they bring on board. Obviously cap at a certain point. I don't like the large corporation examples in the video. Most people aren't large corporations. Bootstraps examples, please.
@1684ba
@1684ba 4 жыл бұрын
No, they don't need to be a part of something. They need stocks, equity and benefits in addition to all mentioned above!
@neilpatel
@neilpatel 4 жыл бұрын
That can help too :)
@Timberbeartrail
@Timberbeartrail 3 жыл бұрын
Everybody's always says leave a question below I absolutely never have I ever heard from anybody so reach out to me if you ever go back to your messages and looking to be able to shoot you an email
@neilpatel
@neilpatel 3 жыл бұрын
Hello friend. How can I help?
@pleasedonthurtmysoul2309
@pleasedonthurtmysoul2309 3 жыл бұрын
Why does he look like Simon Cowell
@neilpatel
@neilpatel 3 жыл бұрын
He kind of does! I think it's the shirt
@PramodChamlingRai
@PramodChamlingRai 6 жыл бұрын
Hey Neil can you make one video about PBN ?
@neilpatel
@neilpatel 6 жыл бұрын
I don't do work with PBNs. But thanks for the suggestion.
@royharinga293
@royharinga293 3 жыл бұрын
10% of total sale or 10% of gross profit.
@neilpatel
@neilpatel 3 жыл бұрын
Of total sale
@RohitSharma-yo4is
@RohitSharma-yo4is 6 жыл бұрын
So Neil i want to work for you for free I want to learn from you please tell me process
@neilpatel
@neilpatel 6 жыл бұрын
When you want to work for someone and get in the door, it’s best to figure out what you can do for them and then deliver. Being proactive and understanding gaps and solutions will make it more likely for people to give you a chance.
@advertlines
@advertlines 6 жыл бұрын
Q: Do you want to give me a job Neil?
@neilpatel
@neilpatel 6 жыл бұрын
If you're the right person! Check out the open positions on neilpateldigital.com to see if you are the right fit ;)
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