Commission-only sales is a much-maligned field in business. While the lack of a base salary creates an element of risk, most commission-only salespeople have uncapped earning potential. It’s a sales sector that’s often reserved for specialists and high-performers.
It can be tricky to hire commission-only sales reps. There are certain criteria recruitment departments must look out for to ensure they find the right people. To help you find and secure the best commission-only sales reps for your business, we’ve put together a guide for mastering the art of vetting in the recruitment process.
Hiring commission-only sales reps is one of the important aspects of running a successful sales company. Commission-based sales can be fickle at the best of times. In fact, over 40% of salespeople claim they would leave their job for the opportunity to make 10% more elsewhere.
In addition to appetizing commission structures, vetting is also essential to secure the right personalities and avoid high turnover rates. Businesses must look beyond the numbers and statistics to secure the top candidates. Personality plays an important role.
When vetting commission-only sales reps during the hiring process, we recommend looking out for six key traits. Not all candidates will excel in every area but high-performers should stand out when you focus on these characteristics.
Self-discipline is one of the most common traits shared among successful people, regardless of the industry. The best-in-class commission-only sales reps are willing to do what others aren’t through discipline and drive.
When prospecting or following leads, self-discipline is needed to avoid scaring away a client. During the nurturing stage, you’ll also need to be patient to build rapport with the customer. The same goes when following up and negotiating.
Here are a few questions to ask a candidate to assess their level of self-discipline.
Emotional intelligence (EQ) is one of the most misunderstood yet crucial traits of a top salesperson. Many people mistake EQ for weakness. However, high EQ sales reps stand out in five key emotion-based categories:
High EQ salespeople are good at building trust with clients, developing relationships, and using their wit to close a sale. EQ is extremely valuable for honing long-term clients.
To gauge a candidate’s EQ levels, here are some interview questions worth asking.
Confidence is a charismatic trait that virtually all top salespeople have. A confident rep puts a client at ease and instills trust, increasing the likelihood of getting a deal over the line. While confidence is something that can be worked on, you want to hire commission-only sales reps with a good baseline.
Confidence is a characteristic that you can generally spot pretty quickly. However, you’ll want to determine whether a candidate’s confidence is useful or unwarranted. Here are some questions to help you do that.
There’s a fine balance between patience and assertiveness among the top-performing salespeople. You want to avoid encroaching on a client’s decision-making process while also being there to help them solve problems. Essentially, you need sales reps who can assertively yet patiently guide a customer to a sale.
Some sales tactics help you drive a deal over the line quickly but a patient approach builds trust and often leads to longer relationships. Regular customers are typically more valuable in the long term. In fact, repeat customers spend 67% more than new ones.
To assess a candidate’s patience, pose behavioral or situational questions. These can be real or hypothetical. We recommend the STAR method for formulating these scenarios: Situation, Task, Action, and Result.
It’s somewhat naive to think that everyone can navigate a commission-only sales job without any stress. However, the ability to control and manage stress is key.
Stress has a negative impact on every aspect of the sales process. If all your reps have elevated stress levels, you’re likely to be losing out on money.
You don’t want to try to gauge a candidate’s stress levels. Rather, you want to analyze how they deal with stress and manage high-pressure engagements. Here are some questions to propose in an interview.
The majority of employees who receive coaching experience improvements in their performance, according to the Institute of Coaching. Coachable salespeople not only perform better, but they’re also more open to feedback and show a willingness to grow and develop.
Consider the following line of questioning to assess a candidate’s coachability.
If a candidate begins to criticize others or lacks accountability, this is generally a red flag,
It’s not always about hiring the best people. More often than not, the secret to success is to hire the right people. While track records and sales numbers are important, you’ve got to analyze personality traits when hiring commission-only sales reps.
Though these 6 traits provide a great way to identify outstanding commission-only sales reps, you don’t need to do this alone. Our team at Jayce Grayye Consulting & Recruiting is always here to help. Contact us if you’d like us to find some of the best commission-only sales reps in the globe.
Jayce Grayye Consulting LLC
2024