2011-09-20, 06:56 PM
Rob Wrote:How much do you get for each sale? You really need to stay at Sears for a while so you can rack up big money on xmas.
For most TVs, only 1%. Some nicer ones give up to 5%. Salesmen here make all of their money by offering customers protection agreements (Sears' warranty), which we make 10% off of. Protection agreements are priced based on the cost of the product, and for many TVs the PAs are over $500.
On top of the commission from both the TVs and the PAs, we earn spiffs. Basically, certain manufacturers reward us for selling their TV by giving us a set amount of monies. We have two TVs that have $50 spiffs, and one TV with a $100 spiff.
So, to put things in perspective, if I sold a $2300 plasma with a $600 protection agreement, and also got a $50 spiff for selling the TV, then I've pretty much landed $133 in my pocket out of one sale, on top of the $6/hr base pay. This isn't necessarily a rare sale, either, but I've only made this kind of money in one sale two times in the four weeks I've been working. So it's not bad. Work has been really slow lately. November and Decemeber are the two big money-making months in electronics, though.