How much to pay a marketing rep for a restoration business

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  • čas přidán 10. 09. 2024
  • Ever thought about hiring a sales or marketing rep for your restoration business? How much should you pay them? What does the structure look like? Are you going to do a base salary? There are lots of moving parts to this equation and you don't want to get it wrong!
    A bad commission structure will RUIN any rep (don't do that!)
    In today's video we look at what you should pay them, how you should pay them, we talk about percentages as well the key things to avoid when putting together a compensation package for them.
    Do yourself a favor... don't skip this one!
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Komentáře • 24

  • @TheRestorationContractor

    Is this helpful?
    Question… 👇

  • @randomblackguy3118
    @randomblackguy3118 Před rokem +1

    I don’t know how I missed this one but this is the best one yet let’s me know I’m paying to much you just saved me thanks very helpful 💪🏾💪🏾💪🏾

  • @restorationnetwork2003
    @restorationnetwork2003 Před rokem +2

    Great Information Shane! Needed this one today 👍

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem

      Glad you like it
      You have a rep yet?

    • @restorationnetwork2003
      @restorationnetwork2003 Před rokem

      Not yet. Looking to staff this 2nd-3rd Qtr. question on the draw. Is this structure 100% commission so the draw is paid back if they have a bad month? For example. There commission is 3k but have a 4k draw so the additional 1k is added for them to pay back the following month? Or am I thinking about this wrong?

  • @albertorogers4800
    @albertorogers4800 Před rokem +2

    Was literally thinking of hiring for this position today.

  • @gregstephens2339
    @gregstephens2339 Před 6 měsíci

    Good information.

  • @LongIslandMoldGuy
    @LongIslandMoldGuy Před rokem +1

    I think it takes a special person to chase fires

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem

      Yes, companies that do fires well will have a dedicated fire chaser on staff.
      It is a different business for sure

  • @user-bj4km1qh1b
    @user-bj4km1qh1b Před 11 měsíci +1

    Great info. But how do we go about finding a good marketing rep?

    • @TheRestorationContractor
      @TheRestorationContractor  Před 11 měsíci

      You can find them a few different ways...
      Are you already doing over $1M in revenue?

    • @user-bj4km1qh1b
      @user-bj4km1qh1b Před 11 měsíci

      We are 70-80% there@@TheRestorationContractor

  • @UncleGabe216
    @UncleGabe216 Před rokem

    The 🐘 in the room is can you do what Servpro is doing?🤦

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem

      What do you mean exactly?

    • @UncleGabe216
      @UncleGabe216 Před rokem +1

      @@TheRestorationContractor Servpro marketing is very aggressive,now they can do the mitigation and the rebuild, more people are familiar with them

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem

      @@UncleGabe216 I understand now... thanks for the clarification
      Servpro is certainly busy with marketing route stops but I would say that route marketing is pretty ineffective as a whole.
      What does Servpro do well? They will have a dedicated rep that takes consistent action. That is a good thing but Servpro as a whole doesn't do very well with plumbers.
      Servpro does pretty well getting fires and general claims from agents - this is true
      What they don't do well is PLUMBERS
      If you want to beat Servpro at a specific game, plumbers would be it in my opinion

  • @markhouston6791
    @markhouston6791 Před rokem +1

    Great video…Great information, got my not pad and I’m takin notes 📝 ☝️☝️☝️☝️☝️☝️☝️🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼