Car salesmen might earn commission percentages between 20 and 25 percent of the profit on the sale, whereas someone in advertising sales can receive 50 percent of the sale.
Average Percentages. The average annual income for a sales representative is between $26,950 and $133,040, according to 2008 figures from the U.S. Department of Labor's Bureau of Labor Statistics. Several factors influence a sales representative's income, such as the type of sales, the product and his experience. For example, car salesmen might earn commission percentages between 20 and 25 percent of the profit on the sale, whereas someone in advertising sales can receive 50 percent of the sale. After that, if the policy is renewed, the rate falls to 5 to 10 percent. Insurance agents are paid a base salary in addition to the commission. For car salespeople, the average commission rate is 30 percent on the front end after dealer costs. The front end is the difference between the selling price and the price the dealer paid for the vehicle. Related Reading: Sales Commission Duties. The average annual income for a sales representative is between $26,950 and $133,040, according to 2008 figures from the U.S. Department of Labor's Bureau of Labor Statistics. For example, car salesmen might earn commission percentages between 20 and 25 percent of the profit on the sale, whereas someone in advertising sales can receive 50 percent of the sale. According to Rep Hunter, typical commissions on manufactured products are between 7 and 15 percent. For example, TalentMatch.net notes that office equipment sales reps tend to make 9 to 10 percent on commission. According to the Bureau of Labor Statistics, that boils down to a median $10.15 hourly wage, as of 2012. For example, if Jane sold a piano for $3,000 and made a 10 percent commission, she would earn $300 for that sale. According to the Bureau of Labor Statistics, some sales reps get paid strictly on a commission basis, others earn a salary and some earn both. Salesman are paid a commission based on the dealer's sales profit. The profit is typically defined as the difference between the selling price and the invoice price of the car. The most common car sales commission rates are 25 or 30 percent of the profit. So using a 25 percent commission plan, if a car sells for $1,000 over invoice, the salesman makes $250. Since new car dealers are often willing to accept very low-profit car deals, there will usually be a minimum commission or mini that is very often set at a $100. Each company determines the percentage for its reps. Average percentages depend on the industry. For example, car salesmen might earn commission percentages between 20 and 25 percent of the profit on the sale, whereas someone in advertising sales can receive 50 percent of the sale. For example, if an advertising sales rep sells an ad for $1,000, he could earn a $500 commission For cell phone store employees, commission rates are typically $25 for new activations and unit sales and 10 percent of accessory sales. For retail salespeople at the beauty counters and handbag counters, commission rates average between 3 and 5 percent. Insurance agents are paid a base salary in addition to the commission. For car salespeople, the average commission rate is 30 percent on the front end after dealer costs. The front end is the difference between the selling price and the price the dealer paid for the vehicle. Related Reading: Sales Commission Duties. The typical commission for IT hardware sales depend on the cost of  hardware sold. Hardware costing below $10,000 will yield 8 percent  commission, $10,001 - $20,000 is equi … valent to 10 percent  commission, and higher than $20,000 will yield 13 percent  commission.  Sales representatives earn commissions based on the sales they make. Generally, commission rates are figured as a percentage of the net sale, excluding shipping and other costs. For example, if Jane sold a piano for $3,000 and made a 10 percent commission, she would earn $300 for that sale. According to the Bureau of Labor Statistics, some sales reps get paid strictly on a commission basis, others earn a salary and some earn both. Such a commission structure usually has the rate increasing by 0.5 percent for each tier of sales. Sales tiers vary greatly by industry. For example, a retail store may have tiers of up to $2,500, $2,501 to $4,000, $4,001 to $6,500, and $6,501 and up. Insurance agents are paid a base salary in addition to the commission. For car salespeople, the average commission rate is 30 percent on the front end after dealer costs. The front end is the difference between the selling price and the price the dealer paid for the vehicle. Related Reading: Sales Commission Duties.
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typical sales commission percentage