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Uverce

How Well Do You Know Your Sales Comp Plans?

Tuesday, October 8, 2013
Art Post
0
Art Post, Comp Plans, copier sales, Print4Pay Hotel

gameshow2Most will say, “Aargghh, it’s way too complicated and I don’t have the time for that. All I want to do is sell and make money or I’m sure the commission report is correct and there’s no need to double check.”

Or how about this comment that was once stated to me many years ago: “We don’t make mistakes with commission reports.”  WHAT!!  I just shrugged my shoulders and kept quite but thought, what do you expect from a pig but a grunt.

Knowing the ins and outs of your comp plan and the manufacturers programs will win you extra business or lose additional business if you are not an expert with those plans.

Knowing when to hold them and when to fold them should be a crucial part of your learning curve as a sales person in the industry.  I try to be as up to date as possible with all of the manufacturer’s programs and have learned by stupid mistakes the ins and outs of my comp plan.  Stupid can be good because the second time around you will have learned your lesson about being ignorant of the comp plan.

Most manufacturers have special programs for Print4Pay, Real Estate, Health Care, Major, Municipal, or let me put it this way, most vertical markets that still have a paper intensive workflow.  Don’t be wishy washy and expect these plans to be laid out to you, some will and some won’t.  The some won’t is probably just because everyone is busy; we’re all trying to do more with less and sometimes these plans are forgotten.

“Out of sight and out of mind” is a saying that I use for many of my advertisers, and it is so true. I have reminders pinned in the walls of my cubicle so I don’t forget.

Take some time to think of all the plans that are in your sales arsenal, make your own flyer, pin or tape it to your wall at the office, or in your pitch book, and be prepared to do some business.

Good selling!

 

Uverce
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Art Post
About the Author
One of the most recognizable salespeople in the office equipment space and a veteran of 40-plus years in the sales game, ART POST is also the creator of P4P Hotel, a rest stop for salespeople to catch up on the highs, lows and developments in office technology. The site also allows industry pros to touch base with peers and have an open dialog about the state of the industry. Post’s blogs number in the thousands, and his writing has appeared in numerous industry publications. He can be reached at arthurkpost@gmail.com.

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