Commission Resources on BNET
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BNET Business Dictionary

Commission
a payment made to an intermediary, often calculated as a percentage of the value of goods or services provided. Commission is most often paid to...
Commission definition on BNET »

BNET Resources

Iraqis Aim to Learn From Northern Ireland on Investment
LONDON (Reuters UK) - A panel trying to encourage investment in Iraq's southern province of Basra will tour Northern Ireland this week to learn how a region's economy can recover after years of conflict, its members said on Monday. The Basra Development Commission, made up of...
Tags: Commission, Investment, Industry, Sales Force Management, Sales, Oukbs
News items 2008-04-28
St George Cuts Commissions to Brokers
St George Bank Ltd will cut commissions to mortgage brokers that don't sell an agreed percentage of the bank's mortgages.Australia's fifth largest bank said it made the move to offset the cost of higher wholesale borrowing rates caused by the global credit crunch.Brokers that sell St George mortgages will...
Tags: Commission, Broker, Basis Point, Sales Force Management, Sales, AAP
News items 2008-04-30
Lobby Group Says EU Should Drop Cross-border Mortgages Plan
LONDON (Reuters UK) - The European Commission should shelve plans to integrate Europe's fragmented home mortgage markets after so much change across the industry in recent months, according to a UK lobby group. The Council of Mortgage Lenders (CML) said conditions had changed so much...
Tags: Commission, European Union, Mortgages, Sales Force Management, Finance, Capital Structures, Sales
News items 2008-04-28
Business Process Reengineering for the Commissions Process
An Australian corporation, which is among the top ten banking institutions and top five general insurers, has one of the highest cross-sell rates in the financial sector. The company wanted to reengineer its business processes in order to improve the efficiency of the commission systems. Infosys helped the client to...
Tags: Operational planning, Infosys Technologies Ltd., BPR, business process, commission, banking, benefit, financial
Case studies
How Web Advertisers Can Avoid Being Ripped Off
A question for Web advertisers: Do you get what you pay for? If you answered yes, you might be a little hasty in that opinion, especially if you use an online affiliate program to generate sales. You may be paying referral fees for business you would...
Tags: Sales force management, Litigation, Web, Sean Silverthorne, Dell Computer Corp., affiliate, commission, advertiser, Edelman
Blog posts 2008-03-27
Commission Only (Advice from a Pro)
Commission Only (Advice from a Pro)Old school thinking...Those "tips for selling are very old school, churn and burn style selling. They do not bode well for the long term growth of a company. CRM is just another name for what reps used to keep in their "rolodex" or "tickel-file....
Tags: Sales force management, commission, Commission Only, sales
Discussion threads 2008-03-13
Commission Only (Advice from a Pro)
I was talking to a friend of mine who's been doing commission only (no draw) sales for most of his adult life. He's made a good life for himself, so I asked him the secrets of his success. He's not the kind of guy...
Tags: Sales strategy, Sales force management, Geoffrey James, sales, commission
Blog posts 2008-03-13
SEC Watch: Don't Let This Agency Be Crippled
Perhaps the single most important government agency for the business world is the Securities and Exchange Commission. Its five-member commission makes decisions that affect every public company in the land as well as many privately held ones. The commission has been split 3-2 among Republicans and Democrats,...
Tags: Sales force management, William J. Holstein, agency, commission, SEC
Blog posts 2008-01-31
How Conflict Made All the Difference to the Rogers Commission
Not only did NASA have a 225-page report to look to for recommendations after 1986's Challenger disaster, they could look at the workings of the investigating Rogers Commission, itself. The 14-member commission, set up by the Reagan administration just days after the Challenger disaster, was comprised of...
Tags: Sales force management, Jeff Palfini, commission, Feynman, NASA
Blog posts 2008-01-14
Too Little Team Conflict Can Lead to Disaster
We remember sitting in a sixth-grade classroom on January 28, 1986, watching the catastrophic events of the clear, crisp morning near Cape Canaveral, Florida unfold on a large television screen. What many saw and remember as the explosion of the Space Shuttle Challenger, barely on its way to the Earth's...
Tags: Team management, Jeff Palfini, NASA, Morton Thiokol, team, commission
Blog posts 2008-01-13
Maximizing Affiliate Marketing on the Web
Through affiliate marketing, a company (the affiliate) induces other companies to place banner ads and buttons on its site. The affiliate then receives commissions from sales generated through those ads and buttons. For example, Amazon.com, the pioneer of affiliate marketing, allows other Web sites to publish information about their books...
Tags: Benefits, Sales force management, BNET Editorial, affiliate, compensation, commission, marketing, Amazon.com Inc., banner advertisement, Web site, incentive, Web, newsletter, payment, sales, agreement, brand, advertisement, e-mail
Articles 2007-12-04
Solution Selling is All in Your Mind.
Solution Selling is All in Your Mind.Great but..This is great but then it seems that the only whole way of how salespeople are paid needs to change. I have never understood the whole commission thing because so much is out of the salesperson's realm of control. But I have noticed...
Tags: Sales force management, commission, Solution-Selling
Discussion threads 2007-08-23
Why Your Customer Won't Be Publicly Referenced
Why Your Customer Won't Be Publicly ReferencedThe sale trumps the referenceI work in PR and I can't emphasize enough how critical customer references are to achieving outsized results. However, and I agree, sales should and most often do trump the reference. Revenue is better than clips any day of the...
Tags: Public relations, Sales force management, Sales strategy, commission
Discussion threads 2007-08-22
Starting an Import Business
Importing is pretty basic: You simply purchase goods from one country to sell in another. The rationale for importing is twofold:to obtain goods or materials from a source who either offers the lowest available price, or who provides the best quality for costto obtain raw materials, components, or finished goods...
Tags: Channel management, Real estate, BNET Editorial, behalf, agent, supplier, commission, U.S., negotiation, barrier, advertisement, Web site, Internet, Web
Articles 2007-10-29
Calculating Return on Sales
Calculating Return on SalesFor Commission SalesA more useful way of presenting this formula to companies that aren't in retail would be like this:(net cost + commission)/revenue x 100 So if it cost $150 and sold for 950 and we paid a 20% commission, it would be:$150 + $190 = $340/$950...
Tags: Sales force management, commission, X 100, marketing
Discussion threads 2007-06-05
Real Estate Agent Job Description
The Real Estate Agent job description template includes the following job summary: To operate on a commission basis as agent for customers wishing to buy, sell, or rent real property. To advise clients on real estate market conditions in the area and assist them by supplying information on financing, valuation,...
Tags: Investment, real estate, valuation, financing, job, commission, agent
Tools & templates 2007-09-09
Commission Report
Use one template for each salesperson to record sales, commission rates, and commissions payable. This template can be used either on paper or electronically, though the commission calculations will save you time.
Tags: Sales force management, commission, sales
Tools & templates 2007-09-01
How To Go 100% Commission...Safely
Most sales reps have a draw (minimum salary) that shields them from the consequences of not making quota. That security blanket comes at a high price, though, because the employer is taking on the risk of your failure. Making big money in sales almost always means working for 100...
Tags: Sales strategy, Sales force management, Geoffrey James, sales, commission
Blog posts 2007-07-12
New Business Structures in Health and Social Care: Implications for Commissioning and Commissioners
This is a discussion paper to assist NHS bodies that commission services in England - Primary Care Trusts, Practice Based Commissioning Groups and individual primary care practices. It aims to aid them to engage in an informed and constructive consideration of the possible implications of new business structures in health...
Tags: Implication, Commission, Health Care, Sales Force Management, Vertical Industries, Benefits, Healthcare, Sales, Enterprise Software, Software, Human Resources
White papers 2006-04-01
Getting the Best Results from Your Advertising Agency
In order to show themselves in the best light, advertising agencies will make a lot of claims and promises when trying to win new business. Once an agency has been selected, it is important to regularly review agency performance to see that initial promises are being kept, and that the...
Tags: team, marketing, advertisement, brand, commission, performance, agency, media, certification, ISO 9000, financial, knowledge, Process improvement, TQM/Six Sigma/ISO 9000
Articles 2007-02-28
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