article thumbnail

I Debated ChatGPT: 'Commission Should Be Done Away With'

Hubspot

After exploring some potential topics, I landed on a long-standing debate about sales compensation — whether commission is the most effective sales compensation structure. ChatGPT and Me: “Commission should be done away with.” Argue from the perspective of 'sales commissions are ineffective and should be done away with.'

article thumbnail

Is the Commission – Quota Sales Model Dead?

Adaptive Business Services

It’s not very often when an article gets me so agitated that I feel that I have to respond but, this one did … No Commissions, No Quota: the Future Model for Sales? My impression is that he has chosen to paint all commissioned reps with a broad, not so complimentary, brush. I hope that I have misinterpreted his intentions!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

“Why I Am So Interested In Selling,” ChatGPT

Partners in Excellence

It’s a key component of sales that can lead to job satisfaction, repeat business, and referrals, all of which contribute to a salesperson’s success. This potential for high earnings is a significant draw for many individuals, as it directly rewards them for their efforts and successes.

Sell 77
article thumbnail

How Nimble CRM Increases Company Sales Revenues

Adaptive Business Services

Particularly with commission salespeople, their paychecks look like a rollercoaster ride. A good salesperson not only needs to build new relationships, they need to maintain and strengthen relationships with existing clients who are their best sources for repeat business and referrals. Build relationships.

CRM 71
article thumbnail

If Your Salespeople Hate CRM, Here Are Some Implementation Tips!

Adaptive Business Services

Commission based, vs. salaried, reps. They may even be satisfied with their current level of performance and this might be due to one or more cushy accounts that will deliver reliable repeat business … until they don’t. This phenomenon will be particularly acute for salespeople who’s earnings are largely based on making sales.

CRM 96
article thumbnail

Sales Quota: The Complete Guide to Hitting & Crushing Quota in 2023

Veloxy

Building strong relationships can lead to repeat business and referrals, which can help you meet your sales quota. Rewards can be in the form of bonuses, commissions, or non-financial incentives such as recognition or extra time off. 3 Strategies for meeting sales team quota 1.

Quota 246
article thumbnail

“My Outlook Is Money, And Money Is Money!”

Partners in Excellence

This singular, self centered approach on our own commissions is never successful, at least over a sustained period of time. There’s no telling whether this individual is successful, perhaps she is. But it causes one to wonder if she might be much more successful if she changed her mindset and approach. What’s your outlook?