What is Straight Commission?

Question

I do not have much idea about this term that was assigned for me to give a little discussion to my fellow students.

Answer 1

It means you won't keep that job for more than 3 months.

Answer 2

no salary.  no sales, no money.  

Answer 3

Other have explained the structure.  If you think you can preform at the job then straight commission job will sometimes allow you to make more than regular jobs.  Keep in mind it will take you some time to ramp.  You will need to develop a funnel and learn the product.  Stay away from multi level Marketing Companies.

Answer 4

Salesperson compensation method in which only a percentage of the sales volume, but no fixed salary, is paid. The amount received by a salesperson is a function of his or her performance (and not of actual time worked) reflected in sales volume.

This method is used where the objective is to

(1) generate maximum short-term sales revenue at the lowest overhead cost, or

(2) to employ independent sales-representatives instead of permanent sales staff.