Been looking for something like this for a while. Thank you Neil. You have such amazing videos with incredible amounts of value. Glad I found your channel. Always look forward to watching your next videos!
I am producer and I paying 40% for sales hero , I never tell to Sales hero’s what to do. I’m just say : do your way , try what ever you like - you get 40% from Product price ( sample wrist watches over pc. 250€ ) But why 40% ? /-My risk is production and warranty’s , branding , product service and shipping. /-Your risk is your time , experience and marketing invest. No risk - No Champaign 🌼🤓🌼 Later ... your job is good ? You get the chance to invest a lot of your own or bank credit money’s and be a partner.😉
How to find...passion while recruiting ..because resume is the one which is asked for?? And some people resume is quite intresting while their work not much appreciated...on the other hand some are really passionate but lack of food qualifications..but have the potential to do better.. how will you define ?
I'm about to start a new business and I have no experience on a commission-based employees my question is what percentage will work for the sales employees and and I do believe that the commission will only become off of the labor the product I'm selling prefabricated structures does their commission come off the total sale of the product and the labor or only off the profit to install and put together structures
The commission would be based on how much they sell. A reasonable commission rate also depends on the salary, and the value of the sale. A range of 20%-30% is a reasonable commission rate
When you speak of 10% or more of commission, are you referring to the gross sale or the profit? I have had sales people in the past the try to sell by low price and the winners are the customer and the salesperson but not the company. What is your thought on that?
Hi Neil love your work. I have created a new blog for the first time and didn't invest in a premium theme. I want to know that can I start affiliate marketing on my existing blog or should I make a separate website or blog for it. I am asking at initial stage(to start affiliate marketing).
As a new business owner with low revenue, I'm hiring people on a purely commission basis. I'm offering a a very generous commission on each product and wanted some tips on how to maintain excitement and motivation. I really want to be paying my staff a basic and have them work for me long term, ideally id like an office in the city to work from with sales staff, but right now its just not feesable. If anyone can recommend ways to obtain a m monthly basic salary to be able to keep my staff then id love to be enlightened. I just cant see any other way without taking out a business loan or something which im really trying to avoid. Thanks!!
Instead of offering the commission, you could offer the salary with a smaller commission! It's going to take some time for your business to build up revenue, so just keep pushing!
@@neilpatel I appreciate your feedback😊 I'd love to show you my business model to shed some light on how I could do that. I'll definitely keep pushing, thanks for the support. 😊
heyy, i wonder which is better, outsource free lancers to our marketing team, or hire them and work together at a place? im concerned they dont like the 9-5 environment
Hi Neil, is it a good idea to write a text article around a topic on your blog and with minimal tweaks in the content, can we use the same content for making a video and podcast of the same? Also should the titles be same or different for each of these posts from a SEO perspective?
Hey Neil. Amazing. You are the Best person for marketing. Thursday now always reminds me of you. Now my question for you is at time of updating an article, if there is a change in the permalink. will it effect rankings and what about backlinks?? like if I have a permalink of best e books and now I want to change it to e books. What do you suggest.
If you are going to change a URL you need to make sure to use the proper redirect to ensure that you don't lose all of the authority or backlinks you have built.
Sir I want to make money by affiliate marketing but I don't have any idea how to start I read your blog affiliate marketing but I don't understand properly everything
@@neilpatel sir if I order freelancing that person are telling me about website with onpage and offpage SEO for affiliate marketing price in 90$ custom order can I order him
Sir I am indian business man I want to know that according to your this video if my sales representative salary is 20000 then he should bring revenue of 200000 which means 10 times his salary. Is my understanding right.
Everybody's always says leave a question below I absolutely never have I ever heard from anybody so reach out to me if you ever go back to your messages and looking to be able to shoot you an email
Bootstraps small B2B here and I think 10% won't motivate anyone in today's economy. I have very little overhead costs, so I'm thinking of starting at 10% and increment 5% with every business they bring on board. Obviously cap at a certain point. I don't like the large corporation examples in the video. Most people aren't large corporations. Bootstraps examples, please.
When you want to work for someone and get in the door, it’s best to figure out what you can do for them and then deliver. Being proactive and understanding gaps and solutions will make it more likely for people to give you a chance.
I was worried when I saw this was a fairly short video, but you answered all my questions very thoroughly. Very helpful information. Thank you
You're welcome, Alison!
Been looking for something like this for a while. Thank you Neil. You have such amazing videos with incredible amounts of value. Glad I found your channel. Always look forward to watching your next videos!
Thank you for the kind words! I’m glad you are enjoying the videos!
Some great points from both. Pleasant surprise to see Adam here.
Thank you!
Thank you for the mention guys and thank you for answering my question. Much appreciated. Your growth hacks are a huge help!
You're very welcome, Jason! Thanks for the great question :)
Feed them good. They feed you good leads. Thank you Neil sir. Love you for dropping knowledge 🙏🏻❤️
My pleasure
I am producer and I paying 40% for sales hero , I never tell to Sales hero’s what to do. I’m just say : do your way , try what ever you like - you get 40% from Product price ( sample wrist watches over pc. 250€ )
But why 40% ?
/-My risk is production and warranty’s , branding , product service and shipping.
/-Your risk is your time , experience and marketing invest. No risk - No Champaign 🌼🤓🌼
Later ... your job is good ? You get the chance to invest a lot of your own or bank credit money’s and be a partner.😉
If you find that's working for you, that's awesome :)
Thank you Neil, you always know what to say, business master right here everybody...
You’re very welcome!
This was great thanks for posting this. I am also a big fan of the keyword tool!
Glad it was helpful!
@@neilpatel very!
I never knew about upwork. Thank you!
Happy to help!
Some wise words of wisdom towards the end, thank you. Passion is key.
Yes!
Hey Neil, I appreciate your thought around sales. How do you see, tool expenses should include in 10 %?
10% of revenue is interesting but surely knowing the GP is vital to understand if this works ?
Neil, you got the scoop dude.
;)
Teamwork always wins
Agreed!!
I love your videos Great content. I will be writing some articles and will link to you. Thanks for sharing Neil & Adam. :) (y)
Thanks a lot, Adam!
Great video! Does anyone know any specific hub where to find this vendors, I have been trying in LinkedIn but maybe I am missing out on sth.
How to find...passion while recruiting ..because resume is the one which is asked for?? And some people resume is quite intresting while their work not much appreciated...on the other hand some are really passionate but lack of food qualifications..but have the potential to do better.. how will you define ?
By how many work one has put into their work life/resume. You can also determine passion in an interview.
The new Ubersuggest is EPIC™
Thanks so much!!!
I'm about to start a new business and I have no experience on a commission-based employees my question is what percentage will work for the sales employees and and I do believe that the commission will only become off of the labor the product I'm selling prefabricated structures does their commission come off the total sale of the product and the labor or only off the profit to install and put together structures
The commission would be based on how much they sell. A reasonable commission rate also depends on the salary, and the value of the sale. A range of 20%-30% is a reasonable commission rate
This was useful
Good :)
Does the base include the 10 percent of is the base plus 10 percent.
How do I know what to pay as the base.
That depends of many things! The calibur of the job, the persons qualifications and experience, etc.
In next Q&A Thursday Please Explain About "Shopify".
Thanks for the suggestion :)
Hey Niel can you create a India specific video a huge market awaits you.
Thanks for the suggestion :)
When you speak of 10% or more of commission, are you referring to the gross sale or the profit? I have had sales people in the past the try to sell by low price and the winners are the customer and the salesperson but not the company. What is your thought on that?
The company definitely needs to profit. If it's not then you may need to rethink your sales structure.
Hey Neil, I am launching my keyword tool in few weeks. What is your perfect launch strategy?
Thanks my tool is in different industry :)
It depends on your industry ;)
Good info thank you
My pleasure, Juan
Hi Neil love your work. I have created a new blog for the first time and didn't invest in a premium theme. I want to know that can I start affiliate marketing on my existing blog or should I make a separate website or blog for it. I am asking at initial stage(to start affiliate marketing).
If the content is great and you are focused on driving the right audience, it doesn't make a big difference if the theme is premium or not.
Hello are you able to show me how you write out a report to lay out the different commissions levels for a large event digital media company?
Perhaps in a future video, Alison
As a new business owner with low revenue, I'm hiring people on a purely commission basis. I'm offering a a very generous commission on each product and wanted some tips on how to maintain excitement and motivation. I really want to be paying my staff a basic and have them work for me long term, ideally id like an office in the city to work from with sales staff, but right now its just not feesable. If anyone can recommend ways to obtain a m monthly basic salary to be able to keep my staff then id love to be enlightened. I just cant see any other way without taking out a business loan or something which im really trying to avoid. Thanks!!
Instead of offering the commission, you could offer the salary with a smaller commission! It's going to take some time for your business to build up revenue, so just keep pushing!
@@neilpatel I appreciate your feedback😊 I'd love to show you my business model to shed some light on how I could do that. I'll definitely keep pushing, thanks for the support. 😊
Off topic question, but what camera do you use for your videos? They look soo crisp!
I believe a Canon 5D but I am not 100% positive.
heyy, i wonder which is better, outsource free lancers to our marketing team, or hire them and work together at a place? im concerned they dont like the 9-5 environment
I have found great success with both. I think it depends on the tasks at hand and the goals of the business.
*NEIT PATEL* UNA PEQUEÑA PREGUNTA; COMO SABER SI TENGO SEO NEGATIVO EN MI WEB: AYUDA POR FAVOR
You can use SEMrush to do a site audit
THX NEIT
What language is that?
Thanks!
You are welcome!
🌷 Good Job🌷
Thanks!
If it's higher than that, what can we do? If we reduce employees salary, they would leave. So what do you suggest?
@Tim Carey I don't have a team right now but I am just assuming what to do
@Tim Carey do you have any solution if that happens?
Hi Neil, is it a good idea to write a text article around a topic on your blog and with minimal tweaks in the content, can we use the same content for making a video and podcast of the same? Also should the titles be same or different for each of these posts from a SEO perspective?
I think so man as long as the content is relevant.
You can definitely repurpose content for multiple channels of distribution like this. You can slightly change the name as well.
@@neilpatel Thanks Neil.
No, they don't need to be a part of something. They need stocks, equity and benefits in addition to all mentioned above!
That can help too :)
Hey Neil. Amazing. You are the Best person for marketing. Thursday now always reminds me of you.
Now my question for you is at time of updating an article, if there is a change in the permalink. will it effect rankings and what about backlinks?? like if I have a permalink of best e books and now I want to change it to e books. What do you suggest.
If you are going to change a URL you need to make sure to use the proper redirect to ensure that you don't lose all of the authority or backlinks you have built.
How can I convince local people to visit the website? Billboard?
Focus on Local SEO: you can find great articles about this strategy on my blog
Do sales people also generate leads if I teach them where and how they can find leads?
Totally :)
@@neilpatel amazing
Sir I want to make money by affiliate marketing but I don't have any idea how to start I read your blog affiliate marketing but I don't understand properly everything
Keep researching. You will figure it out :)
@@neilpatel sir if I order freelancing that person are telling me about website with onpage and offpage SEO for affiliate marketing price in 90$ custom order can I order him
Sir I am indian business man I want to know that according to your this video if my sales representative salary is 20000 then he should bring revenue of 200000 which means 10 times his salary.
Is my understanding right.
If your revenue is 200,000 then your total compensation for your whole sales department should be 20,000
@@neilpatel Thanks sir it will be very helpful.
How do I convince people on only commission to join my company?
Offer them a good company culture and good benefits
Everybody's always says leave a question below I absolutely never have I ever heard from anybody so reach out to me if you ever go back to your messages and looking to be able to shoot you an email
Hello friend. How can I help?
Hey Neil can you make one video about PBN ?
I don't do work with PBNs. But thanks for the suggestion.
Q: Do you want to give me a job Neil?
If you're the right person! Check out the open positions on neilpateldigital.com to see if you are the right fit ;)
Bootstraps small B2B here and I think 10% won't motivate anyone in today's economy. I have very little overhead costs, so I'm thinking of starting at 10% and increment 5% with every business they bring on board. Obviously cap at a certain point. I don't like the large corporation examples in the video. Most people aren't large corporations. Bootstraps examples, please.
Why does he look like Simon Cowell
He kind of does! I think it's the shirt
10% of total sale or 10% of gross profit.
Of total sale
So Neil i want to work for you for free
I want to learn from you please tell me process
When you want to work for someone and get in the door, it’s best to figure out what you can do for them and then deliver. Being proactive and understanding gaps and solutions will make it more likely for people to give you a chance.