Finally a 5 figure commission check!! Sales and Selling |
- Finally a 5 figure commission check!!
- Management or nah
- Wanting out, wondering what to do next. Keen to hear from others who've left Sales.
- Trying to calculate profit after churn in excel but not getting the correct result
- Is it ok to tell the 3 people that I’m assisting I’m super busy?
- Do you get good at small sales or large sales first?
- Making a career move
- Software Sales Folks, what is the worst company you ever worked at and why? (Obviously don’t share the actual company name but state what industry or anonymize it)
- I’m taking a leap of faith and betting on my self...
- Do you use personalized videos when reaching out to prospects?
- Best messages to send! ?
- Software sales seems too good to be true. What's true and what's not true?
- Lead generation agency for SaaS companies?
- Created a database with list all new VC backed startups as they raise capital to help find prospects. Thoughts?
- Realistic cold email conversion rate?
- Working for Cintas?
| Finally a 5 figure commission check!! Posted: 01 May 2021 05:13 PM PDT Went into car sales a couple months ago and for the month of April I grossed $11k in commissions! I'm so excited and finally believing in sales lol. I've worked a number of sales jobs totaling 5 years experience but paid w/ commission plus hourly pay and none of them allowed me to make 5 figure commissions. Yes I know I need to save for the slow months but I'm just so excited and can't believe it lol keep working hard fellow sales guys and gals!! [link] [comments]  |
| Posted: 02 May 2021 11:15 AM PDT I'm a woman in sales at a tech startup that's blowing up. Next in line to be a manager, but I kind of don't want it. I make a shit ton of money and I don't have to babysit anybody. Make the sale, pass the customer on to my customer success team. Customer has a problem? Pass to tech support. The only reason I'd want to be a manager is to feel like I've gotten some type of promotion or made some kind of progress, but honestly I probably make more $$$ than anyone else in any other department. My manager has to deal with my problematic clients, he supports ME in what I need. Other than wanting a new title (pay is similar and might even be less than an individual contributor) - am I being insane for... not wanting to climb the ladder? I could be a good one, good with people, good at motivating, can have difficult conversations with under-performers if needed, but right now feels like a sweet spot... Anybody moved to management and regretted it? Anybody didn't make the move and regretted it? [link] [comments]  |
| Wanting out, wondering what to do next. Keen to hear from others who've left Sales. Posted: 02 May 2021 09:58 AM PDT I've been in sales since graduating about 4 years ago, currently an AE at a well-regarded FinTech in the UK, earning well above average salary with double OTE. Sales was sort of the default career path to go on - I didn't do a super-specialised degree. I've enjoyed parts here and there. The money is good (though it's only really picked up in the last two years), and I've had plenty of fun trips abroad. However, there are plenty of factors that are making it a less tenable path for me. Stress - Good lord, this field is so high-pressure. Even when I've been ahead of quota, the stress is relentless. It varies by company but as soon as you have a bad month, fall behind, lose a big deal, it genuinely feels like my job is at risk. No matter what my qualities are, everything gets reduced to a single number. With every deal I win as well, the joy/relief becomes more and more fleeting before the stress kicks back in. Even though I may only work 4-6 hours a day to maintain my number, I'd much rather work 8-10 hours a day of lower-intensity work. Bullshit Jobs - Many people sell things that make a difference, or do so because they have kids to feed. I don't - as a young guy, pushing financial products really doesn't seem worthwhile or helpful. The sycophantic nature of Sales also really gets under my skin, though it's definitely not unique to our profession. I'd quite happily trade earning potential to have a reason to come to work. The Ceiling - If I do well, I can comfortably earn 6 figures for the next few years as an IC, but what's the point? I'd probably burn out within 3 years, and don't want to become a career salesperson. Sales management seems even worse to me - your bonus is reliant on your team and the stress gets jacked up even more. I consider myself a good people person, I'm very analytical and I have a strong work ethic when I care about the work. I have a great educational background as well and am willing to go back and do a Master's degree to make the transition I want. As a stopgap, I've been looking into other positions at my company (Product Marketing, CS, Product Management), because that at least counteracts the 'hit your targets or you're out' piece. Whatever I do, I feel it needs to be in the next 12 months because my friends and family are becoming concerned for my mental health. I'm also beginning to access mental health resource through my insurance plan. My overriding interest is actually in climate change, but there's a fundamental contradiction in finding work in a field that is anti-capitalist in nature. I'm really curious to hear how many people here have left Sales for similar reasons, and what you went on to do. [link] [comments]  |
| Trying to calculate profit after churn in excel but not getting the correct result Posted: 02 May 2021 08:12 AM PDT Looking to understand the optimal ratio for Junior Sales Reps to sales execs to maximize profitability but I'm always getting a huge loss when I factor in churn so thinking my formula is incorrect. Monthly churn Rate is 4.5%. There is no assumption on net new sales so assuming churn eats into the existing monthly reoccurring revenue. My formula for churn cost on annualized revenues is: Avg revenue from sales appointments (overall, not conversions) * Appointments lost to churn. Is there a better way to calculate it? [link] [comments]  |
| Is it ok to tell the 3 people that I’m assisting I’m super busy? Posted: 02 May 2021 11:21 AM PDT Ok my issue at work is that I'm super transparent and I notice a lot of people bullsh*t, and it's good for me to learn to fake it until I make it, to an extent. But right now I'm so behind on some work. I'm assisting 3 people right now and when I have to reschedule a meeting or I am behind on something, I've just told them they added on two other VPs for me to assist, so I'm working on some other things for another VP but will get back to them. I feel rude, but I think they need to know my workload has increased since I've started with them, and I report to my managers expectations as well. Is this ok to say?? [link] [comments]  |
| Do you get good at small sales or large sales first? Posted: 02 May 2021 10:39 AM PDT Other questions:
[link] [comments]  |
| Posted: 02 May 2021 10:16 AM PDT Hey all. I just left a role as an in home HVAC salesmen. I liked it, but I was working for a bad company. Looking to transfer to another sales job. I do not have a bachelor's degree. Any suggestions? Thanks. [link] [comments]  |
| Posted: 02 May 2021 07:21 AM PDT |
| I’m taking a leap of faith and betting on my self... Posted: 02 May 2021 01:41 AM PDT Good evening folks. Few of you guys might remember me asking questions about your thoughts on joining certain companies. Hell I even talked bad about saas and start up culture... however after long thought and a look in the mirror I decided to take a pay cut / leap of faith and enter the world of SAAS sales.... It wasn't an easy choice. I signed an offer with a uniform company that basically promised at least 115k ote (many hour convos with direct manager and came up with a plan to hit goals and clubs to attain this. Again not guaranteed but we had a solid plan even before starting) Then this opportunity came along.... a local software company (sells software to hvac / plumbing / contractors etc) came along.. had a great interview but the base pay really really got me nervous and scared. They offered hourly base of $21.64 with uncapped comm (60-80k year ote mid pack rep) I will be an SDR rep in hopes of moving up to an AE in a year or two. What really made me change my mind was a few things.... 1) working from home (I currently have a 3 month old baby and so any more time with him will be a huge plus) 2) stock options pre IPO (this company just got a 500mil funding snd is now evaluated at 8 bill) they plan on going IPO next year snd I want to jump in when I can 3) I see my personality and future aligned more with this company vs the uniform company 4) spoke to director of SDR and she will be coaching me and helping me evolve to an AE. 5) amazing company culture and work environment With all that listed I am super excited and ready to take on this challenge. I really feel like this is my crossroads moment. Im betting on my self snd my work to show it self so I can provide a better life for my child. I know in the beginning this pay it is going to hurt and be scary... but I know I can make it work... I would love to share my journey as I start my role as an SDR and grind my way up the SaaS. Sales chain. Here we go!!!! [link] [comments]  |
| Do you use personalized videos when reaching out to prospects? Posted: 02 May 2021 01:15 AM PDT There's a lot of research/stats about how using videos embedded in an email, or via DM's on Linkedin, or using a messaging platform, actually increases hit rates and engagement quite significantly. So wondering if anyone uses videos when reaching out to prospects: - If so, how often, what results are you getting, what tools do you use? - If not, why? Lack of time, don't see the interest/benefit, or do you not feel comfortable making a video, or something else? Would be interested to get your feedback. [link] [comments]  |
| Posted: 02 May 2021 08:33 AM PDT Hello friends I just got the job is an appointment center trying to make appointments for businesses- my company offers marketing, auditing to increase Business is revenues. What are some good messages to send out to businesses that actually will get responses? I've been playing around with some but I want some opinions from y'all! [link] [comments]  |
| Software sales seems too good to be true. What's true and what's not true? Posted: 01 May 2021 09:00 PM PDT |
| Lead generation agency for SaaS companies? Posted: 01 May 2021 09:11 PM PDT Hi everyone, I wanted to hear your thoughts on the idea of starting an agency where I would get leads/booked appointments for SaaS companies, and get payed per appointment or on a monthly retainer. Is this something that SaaS companies need and are willing to outsource for say $250-500 an appointment? Thank you so much! [link] [comments]  |
| Posted: 01 May 2021 04:06 PM PDT The database updates everyday and the link is [VCDEALS.INFO](vcdeals.info) [link] [comments]  |
| Realistic cold email conversion rate? Posted: 01 May 2021 07:08 PM PDT I'm planning on starting a mid-scale email marketing campaign (think 10k emails in 30 days). I've met with industry experts who all say my cold emails templates look very good. I'll be using mid-level personalization (think name, location, type of business) in the email, as I know this is crucial for conversion rates. I am in the digital marketing industry and will be cold emailing mostly small businesses, lawyers, doctors, etc regarding interest in a digital marketing campaign ($300-500 / month). What would be a realistic conversion rate (emails sent to total clients who purchase). Out of 10,000 emails of LinkedIn leads, how many can I expect to close assuming I'm doing "pretty well" at my job. [link] [comments]  |
| Posted: 01 May 2021 02:51 PM PDT Hello, I have currently worked for Sherwin Williams for 4 years as an Assistant Manager, Store Manager, and Sales Rep. Lately I have been feeling a lot of burn out of the paint industry. Painters suck, homeowners who have unrealistic expectations about paint suck, and not only do I have to sell paint, Sherwin wants me to demo paint and related supplies out on the job with the painters. All in all, I just want to sell and not worry about babysitting the painters in my territory. I'm a salesman/account manager/babysitter all in one. Now, a recruiter in my area for Cintas reached out to me, asking if I'd be interested in either a Field Service Rep position or a Service Manager position. Apparently they would match my base salary, but have better opportunity for larger bonuses/commission. At SW, I do not get commission, just a bonus based off percentage of my quarterly budget. Total I probably make $60-$65K. Has anyone worked in either of these positions to pitch in if this is worth the move? At the end of the day, I'd love to be a Sales Manager or Director and get an MBA down the line. Don't get me wrong, I like Sherwin. I am making more money I thought possible when I joined the company, but I know there are possibly better things out there that are less stressful. [link] [comments]  |
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