The Origin of Sales Quotas & Variable Compensation
Audio Podcast
Todd Caponi
Podcast Episode Description
Sales compensation – commission-only until the 1900’s. And, for good reason. You wouldn’t pay a rep you rarely see a salary, right? Sales are face-to-face. Travel is slow, there’s no real-time distance communication, and no CRM system, so it’s what you did. Sell something, get paid – a lot. Don’t sell something, don’t get paid.
The birth of salary+commission changed that, and inspired the need for quotas. In this episode, we track that progression, the original purpose of a quota, and how we’ve convoluted that purpose over time.
Maybe we should consider going back?
Know Someone That Might Like This? Why Not Share!
Know Someone That Might Like This? Why Not Share!
Other Podcasts You Might Enjoy
Using History to Predict – The Future of Sales
Audio PodcastIf the saying "if we don't know history, are we doomed to repeat it" is true, then why can't we use history to also predict the future? In this episode, I attempt to do just that. "Buyers know more nowadays" isn't just a quote from LinkedIn today, but...
The OG’s of Sales Leadership… Were REMOTE Sales Leaders
Audio PodcastIsn't it ironic? Today, we fret over the challenge of building and leading teams that are all remote. However, the original sales leaders in the "modern" era of sales (i.e., 1907-1920s) - were REMOTE sales leaders. And, they built, trained and motivated...
The Great Salesperson Purge of the 1920s
Audio Podcast 100 years ago - 1922 - the sales world encountered a year with 85% salesperson turnover. You read that right! A year when "sales executives discharged practically ALL of their salesmen"! The crazy part - just 18 months earlier, the sales world "took...




0 Comments