Affiliate managers
Is it common for affiliate account managers get a commission of the affiliate earnings?
|
It is extremely difficult to answer this question since every company is different. Some companies simply offer a % of ongoing sales - while others may have a time period. Some even pay a base salary with commissions - but if the rep isn't doing well they are the first ones to go. There is always a need to lock down an affiliate managers information since many were jumping ship and going to another company and getting a job simply by saying, "I got customer lists".
Yet generally speaking a manager does get commissions of their company affiliate accounts earnings. |
It's fairly common yes. At least some sort of % or bonus depending on base salary and other things.
|
Quote:
:thumbsup |
When I worked at Lightspeed Cash I was always paid partially on commission. Dating Factory too.
There is no better way to motivate someone. |
I usually got paid a salary that was too high for me to be making any kind of bonuses.
Except Dating Factory, the bonuses doubled my pay, and that was pretty cool. |
They paid mostly on commission.
Having a fix salary is not viable.. whether i bring 5 affiliates or 500 affiliates, my salary is the same. With commission based, you get compensated by your hard work. |
Nice, they need to be motivated, so we all win.
|
Quote:
|
Salary + % the best way to motivate
|
For the braves I recommend reading the book "The sales acceleration Formula" by Mark Roberge, one of guys that built Hubspot from 0 to hundreds of millions dollars revenues.
It's a really inspiring and practical book that's totally applicable to our industry's context. 1/3 of the book is about "building an effective compensation plan for your sales team". Tbh a few months ago we were contemplating the challenge of expanding our sales/affiliation/advertising team from 2 to 10 members... and I realised I was outdated in my "sales management knowledge". I found a fantastic update in this book that's I've read and listened (the audiobook is good) about 10 times, and that our team is reading as well. I've read 5+ other sales books recently, and that one is I think really the best for that situation |
All times are GMT -7. The time now is 11:19 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc