I started with a new company in January that set an extremely aggressive sales goal of $1 million for me in my first year. I should note that this is a totally new industry for me, as I have a real estate and marketing background. By the end of my first year (January) I should be well past the $500K mark in total sales. I am just curious as to what other professionals would expect to earn (or pay) for this type of performance during a recession, selling a premium product that is often 2-3x more expensive than the competition. Any feedback would be welcomed.
What sort of profit margin does the industry have? If the company is taking home a 5% margin, then $500K isn t much. If they are taking 90%, then it s an outstanding accomplishment.
Depends on a lot of things. Commission %, federal, state and local tax rate, benefits
