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Sharing Economy / Gig Economy A commission-based sales job isn’t for everyone. It requires the right personality, skill set, and situation for someone to be successful in a commission-based sales job. Do you think you have what it takes?
In a commission-based sales job, workers are paid a set percentage or a fixed rate based on the amount of revenue that is generated in every sale that they make. For example, a sales person may make 3% of the total sale amount. If they sold $1,000,000, they would make $30,000. Or if they sell $10,000,000 worth of goods in a year, then that’s a $300,000 annual income!That’s a pretty good payday right? Of course on the flip side, if you don’t sell anything, you don’t make anything. It’s a risky career to pursue unless you’re good at sales.
In order to make money in a commission-based sales job, you have to be able to close the deal. The more deals you close, the more money you can make – and the sky is the limit. These jobs can be very lucrative for driven individuals.
As with everything in life, there are pros and cons to working a commission-based sales job. The pros include a flexible schedule, independence, and high earning potential. The cons include always being available, lack of income security, and difficulty budgeting due to fluctuations in income potential. It’s up to you to weigh these pros and cons before pursuing a job that pays this way.
If this sounds appealing to you, here are a few examples of commission-based sales jobs:
- Stockbroker
- Loan Officer
- Car Salesman
- Real Estate Agents
- Insurance Salesman
- Retail Sales
Don’t assume that you’re going to become rich in a commission based sales job with a minimum amount of work. These performance based jobs require a tremendous amount of work. If you are self disciplined, driven, and motivated then you’ll be able to make a lucrative living in this type of job, but if not you might be pinching pennies. When you’re ready to search and apply for a commission based sales job, visit the JobMonkey JobCenter. Best of luck!