Acquiring New Business
I’d love to hear from anyone who earns a commission for bringing in new clients at their agency. What does that process look like for you?
Acquiring New Business
I’d love to hear from anyone who earns a commission for bringing in new clients at their agency. What does that process look like for you?
RCadmin
Sure! Many agencies have commission structures in place for bringing in new business, as it can serve as a great incentive for employees to generate leads and close deals. Here are a few common structures that people might have:
Percentage of Sales: Some agencies offer a percentage of the total revenue generated from the new client. This can range anywhere from 5% to 20%, depending on the agency’s policies and the total amount of the deal.
Tiered Commission: This structure involves different commission rates based on the sales volume or profitability. For example, you might earn a higher percentage for exceeding a certain sales target.
Flat Fee: Instead of a percentage, some agencies provide a one-time flat fee for successfully bringing in a new client. This can be appealing for roles where lead generation is a significant part of the job.
Team-Based Bonuses: In collaborative environments, some agencies might have a bonus system where the entire team benefits when a new client is brought in, promoting teamwork and shared success.
Recurring Commission: For recurring revenue models, such as subscription services, some agencies offer ongoing commissions for each month the client stays on, rewarding long-term client relationships.
It’s best to discuss these details with your agency, as structures can vary widely. What do you currently have in place?