How to get commision
make a sale
If you make 5% on $37 sale
5/100 = 0.05
0.05 * $37 = $1.85
To get commission, you typically need to be employed in a sales role where you earn a percentage of the sales you generate. Here are some steps to help you understand how to obtain commission:
1. Find a Sales Role: Look for job opportunities in industries that offer commission-based positions. Common industries include real estate, insurance, retail, telecommunications, and financial services. Research companies that offer competitive commission structures and align with your interests.
2. Develop Sales Skills: Enhance your sales skills to become a more effective and persuasive communicator. Learn about the products or services you will be selling, understand the target market, and familiarize yourself with sales techniques such as prospecting, qualifying leads, presenting, and closing deals.
3. Secure a Sales Position: Apply for jobs that offer commission as part of the compensation package. Tailor your resume to highlight relevant sales experience and achievements. During interviews, emphasize your ability to drive sales and meet targets.
4. Negotiate Commission Structure: Once you receive a job offer, review and negotiate the commission structure. Understand the percentage or rate you will receive on each sale, any additional bonuses or incentives offered, and if there are any specific sales targets you need to meet to qualify for commission.
5. Meet Sales Targets: Once hired, focus on meeting or exceeding your sales targets. This involves actively prospecting for potential customers, building relationships, and closing deals. The more successful you are in generating sales, the higher your commission earnings will be.
6. Track and Calculate Commission: Keep a record of your sales and the commission you earn. Some companies may provide a commission tracking system or software, while others may require you to report sales and calculate your commission manually. Make sure you understand the process and follow any set guidelines.
7. Ensure Accuracy and Payment: Double-check that your commission calculations are accurate and align with the agreed-upon commission structure. Report any discrepancies to your manager or human resources department. Ensure that your commission payments are issued correctly and on time.
Remember, each company may have its own specific commission structure, so it is essential to read and understand your employment contract or commission agreement to grasp the details of how commission is earned and paid in your particular role.