Commission-only sales reps are professionals who are compensated solely based on the sales they generate. Unlike traditional salaried or hourly employees, commission based sales reps do not receive a fixed salary or wage but instead earn a percentage or commission on the value of the products or services they sell. This sales model is commonly used in industries such as real estate, insurance, direct selling, and financial services.
The concept behind commission-only sales is simple – the more sales a representative makes, the more they earn. This compensation structure aligns the interests of the sales rep with the company's goals, as both parties are focused on driving revenue and achieving sales targets.
Commission-only sales reps are known for their entrepreneurial mindset and self-motivation. They often have the flexibility to manage their own schedules and work autonomously, which can be appealing for individuals seeking freedom and control over their earning potential. However, this sales model also comes with its own set of challenges and considerations for both businesses and sales reps. Read More
As the leading experts in commission only sales team recruiting, our numbers speak for themselves.
We know exactly what you're looking for in a sales rep, and our 1-to-1 screening process ensures you get a high volume of pre-qualified candidates.
Hiring commission-only sales reps can be a strategic and cost-effective approach for businesses looking to boost their sales performance and drive revenue. In this section, we will delve into the reasons why hiring commission-only sales reps can be advantageous for your organization.
Following are the benefits of hiring commission-only sales reps.
Commission-only sales reps are highly motivated to perform well as their earnings are directly tied to their sales success.
They are driven by the opportunity to earn more through their performance, resulting in a strong work ethic and a focus on achieving sales targets.
Hiring commission-only sales reps can be a cost-effective solution for businesses, especially startups or small businesses with limited resources.
Since these reps are not paid a fixed salary, companies can save on overhead costs such as base salaries, benefits, and employee-related expenses.
By leveraging commission-only sales reps, companies can tap into new markets or territories without the need for a physical presence or significant upfront investment.
These reps can quickly establish relationships, generate leads, and drive sales in areas where the company may not have an existing presence.
Commission-only sales reps often work on a flexible schedule and may have the freedom to work from remote locations.
This flexibility can be advantageous for businesses that require sales coverage in various regions or have fluctuating sales demands.
The commission-only sales model fosters a performance-driven culture within the organization.
It encourages healthy competition among sales reps and motivates them to continuously improve their sales techniques and results.
We personalize our recruitment system based on your ideal candidate profile so that you can quickly fill your team with the very best talent available.
If you're looking to hire sales reps working on commission only, then HyperHired can help. Our sales process hones in on the best sales talent on the market, funneling them straight into a final interview with your team.
The best way to hire a commission-only sales team is to use a recruiter who's already hired thousands of sales reps and has a proven system that can immediately be plugged into your business. HyperHired owns over five portfolio companies, all of which require strong sales teams in order to survive. We've refined the most efficient and cost-effective way to get sales reps on board. Here's why our process is the best way to recruit commission-only sales reps.
The typical process for hiring commission-only sales reps may look something like this.
1.) Putting out an ad for hotshot commission-only sales reps
A good job ad can make or break the recruitment process. At this stage, it's essential to sell the sizzle, not the steak. A great job post ad for commission-only sales reps clearly communicates the hardships of the role while also selling the candidates on the upside potential and growth trajectory. That’s why we write our job posts more like sales letters rather than traditional job posts.
2.) Refine and screen the candidates
If you have a high volume of candidates, this stage can be extremely time-consuming. It's essential not to cut corners. We screen candidates first off their resume, then put them through a personalized interview process with one of our expert sales recruiters.
3.) Identify the high-potential candidates and set them up for a final interview
Unfortunately, the sales recruitment process is brittle and subject to mishaps. Vague job postings and ill-conceived interview questions often hinder effective recruitment. This can prolong the hiring process from days to weeks. Balancing the need for top-tier candidates with rapid recruitment can be challenging.
In contrast, an effective sales recruitment process will center around candidates who are:
- Self-motivated, driven individuals who can quickly acclimatize to your company's commission structure and display high earning potential.
- Preferably highly experienced but may also display strong skills in other areas, depending on your company's needs.
- Finally, a good fit for your company culture, with superior interpersonal skills.
Of course, finding these individuals in a crowded pool of candidates is easier said than done. We're proud to have taken the traditional sales process and given it a much-needed makeover.
1.) We find the most appropriate networks to display your job ads, crafting a unique value proposition.
2.) Our experts carefully screen candidates; only ever sending through roughly the top 20% of candidates for a final interview. We carefully remove the good from the exceptional; the self-motivators from the drifters; the high earners from the middling sales reps. Not only do we look at candidates on paper, but we perform in-depth phone screenings with them in order to identify the intangibles that make commission-only sales reps successful.
3.) After we’ve qualified them over the phone and confirmed every detail of the position aligns with what they’re looking for, only then do we schedule them for a final interview. A competent commission-only sales rep will net their company over $200k per year - and that’s if they’re average. We're careful to ensure that each candidate is a direct fit for what you’re looking for in a top-performing rep. You simply meet with them, and then once you've confirmed they're a good culture fit for your company, you get them onboarded. It’s that simple.
We've helped companies across a variety of industries locate and onboard exceptional sales reps. For example, if you're looking for commission-only healthcare sales reps, HyperHired can quickly identify and recruit top talent, deftly navigating the nuances of the healthcare industry.
As our client testimonials demonstrate, we're ready to help any company looking for commission-only sales reps assemble a stellar team. An example would be how we were able to help one of our roofing sales clients onboard 10 new commission-only sales reps, including a sales manager, in just 3 weeks - read more here.
Let's explore your business's use case and find out what HyperHired can achieve for you. Get in touch and schedule a call with one of HyperHired's experts here.
This system has been proven to work across over 60 unique sales organizations big and small, including many of the largest sales and call center teams in the USA.
We've spent millions of dollars advertising positions just like yours. Simply put: we know what works.
We take over your job posts and optimize them to produce better candidates.
We review every applicant for your exact requirements, then treat them just like sales leads.
Our reps reach out to them and perform a 15-20 minute phone screening.
By the end of the phone screening, we're typically declining 80% of applicants.
For those we're confident in, our reps spend time selling them on your company - which reduces no show and ensures that every candidate meets exactly what you're looking for.
Once we've established that you're a good fit, we're typically able to begin performing screenings and scheduling interviews for our new clients within 48-72 hours.
Our pricing depends on scope of work, but our fee structure is flat-rate and typically less than the cost of a single employee.
We don't charge per-hire, and all of our client engagements are month-to-month which means that we're incentivized to bring you the very best results possible.
We're not a traditional recruiting firm. Our entire team are salespeople themselves, which means they know exactly how to best qualify for the type of talent you're looking for.
Many of our reps started in door-to-door or phone sales, and they still work in sales - the only difference is, they're now selling your business to prospective candidates.
Over 90% of our clients are recruiting commission only reps, and we have 100+ sales reps across our 5 other businesses. We know exactly what you're looking for.
The exact number will vary based on your experience requirements and the role's earning potential, but our average client is onboarding between 10-20 new salespeople from us every single month.
With that said, we work on projects big and small - so whether you're looking to add 2 salespeople or looking to staff a multi-location sales team with 200 sales reps, we're more than capable of meeting your requirements.