Looking for suggestions/tips
I am looking to hire and build a sales team that will be run by a Manager that I assign.
That manager will handle the sales end of the business and hiring rep's that will sell our product (SaaS) which relies on recurring payments per month. We have low overhead, so we are able to pay very nice commissions.
Sample numbers:
- $100, price of our software per month.
- 90% margins/profit.
With this scenario, what would be the best way to structure the first 50 - 100 sales people? We are thinking about paying them on-going commissions for 12 months, with first month "signing bonus" of $90 for first sale. We imagine that the sales will be simple, and each rep should be able to do 2 - 4 a day.
We want the rep's to make money, as that will potentially bring in more great rep's.
Look forward to reading your feedback.
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