Meet the Expert
Rick Smith
Principal, RE Smith Consulting LLC
- 35 years of sales and marketing experience at the senior executive level in the medical devices and service industries
- Expertise in commission plan design, implementation and administration. Informed by deep experience with sales and marketing strategies; sales force organizational structures; merger-based sales force integration; and product introduction strategies
- Led sales and marketing organizations for large multi-national, mid-size and startup companies, including Siemens, Toshiba, Acuson
Meeting Packages from $400
Your Meeting Package Includes:
- All 7 Best Practices
- Pre-Meeting Discovery Process
- One-on-One Call with Expert
- Meeting Summary Report
- Post-Meeting Engagement
Sales Compensation
Principal, RE Smith Consulting LLC
Defined Terms
- ASP
Average Sale Price
- OTE
On Target Earnings
- Plateau payout commission
Amount of commission you pay at quota and how that is achieved through different intervals up to quota and beyond
- SPIF
Sales Promotion Incentive Fund – a one-time special incentive to drive a specific behavior.
- VAR
Value Added Reseller
Sales Compensation:
Defined Terms
Expert Topic