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A commission is a percentage of the sale the salesman receives as compensation for the sale.
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∙ 11y ago
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Which best describes income based on a percentage of sales made?
commission
How do you calculate commission?
That is a very open ended and very deep question. The reason I say that is because most people take a percentage of the sale and call that commission. Sales of $10,000 commission times 10% = $1000.00 commission. Nothing could be further from the truth. That is commission of gross sales..How about commission from net sales...How about a performance based commission. There are so many ways to devise a comp plan. Just make sure you know what you are actually paying in commission.
What employees earn a specific amount of money based on the total of sales completed?
Sales people who earn money based on their sales are said to work on commission. They are commissioned employees. Not all sales people are commissioned, but you can find them in many types of retail establishments: clothing, electronics, and most commonly: car sales.
What is typical sales commission on kitchen cabinets?
There is no such thing as a typical sales commission on anything. This is something that has to be determined between sales person and company hiring the sales person to make sales.
What is the average salary for a commission based sales rep in the us?
It varies based on commission percentage, skill, experience, available bonuses, product line, demographic, state, county, and city. Basically, $20k/year - $200k/year.
What is the sales commission based upon?
The total value of sales made. The commission is a percentage of that amount, paid to the salesman.
What is commission on sales?
Commission on sales is when the worker earns money based on how much they sell of a product or something for a specific company. The pay could be all commission, or could be a combination of salary+commission or maybe even hourly+commission.
Which best describes income based on a percentage of sales made?
commission
What is the average machinery sales commission I am a nonwovens machinery producer and I have reps in different countries that want to have contracts that are commission based.?
The commission can be based on a straight percentage of sales or on a percentage of the gross sales margin, according to RepHunter. For most commonly manufactured products, a manufacturer's agent's commission ranges between 7 and 15 percent, as of 2010, RepHunter reported. A commission based on a percentage of the gross sales margin is calculated by subtracting the direct expenses from sales. The standard range for a commission based on a percentage of the gross sales margin is between 20 and 40 percent. Service-based products command higher commissions, upwards of 50 percent of the gross sales margin, according to RepHunter. Krish http://www.easy-commission.com ( The Fast, Accurate and Time Saving Calculator of Sales Commissions )
Sliding scale commissions?
"Sliding scale commissions" alter the amount of a sales commission based on the value of a sale. The usual arrangement is that larger sales receive a fixed percentage up to a certain price, and a lower percentage on the value above that price.
How do you get paid when you work on commission?
Commission only jobs, pay you based on a percentage of your total sales, either weekly or bimonthly
Is sales commission an expense or cost of sales?
Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
What is a sales lady?
A sales lady is woman who is responsible for selling their companies product. Sales jobs are often based on commission and sales people have to great communicators and friendly to succeed.
How do you calculate commission?
That is a very open ended and very deep question. The reason I say that is because most people take a percentage of the sale and call that commission. Sales of $10,000 commission times 10% = $1000.00 commission. Nothing could be further from the truth. That is commission of gross sales..How about commission from net sales...How about a performance based commission. There are so many ways to devise a comp plan. Just make sure you know what you are actually paying in commission.
What is the typical commission in catering sales?
What is average sales commission percentage rate for training sales?
Is sales commissions a fixed or variable cost?
Sales Commission varies with volume of sales that's why it is a variable cost as much the sales as much the sales commission, high sales high sales commission and vice versa.
Is commissions a fixed or variable costs?
Sales Commission varies with volume of sales that's why it is a variable cost as much the sales as much the sales commission, high sales high sales commission and vice versa.
