Collegiate Promotions
Evaluate whether or not the compensation system at Collegiate Promotions is effective.
At Collegiate Promotions, independent sales representatives have a great deal of autonomy. They have freedom to work when and where they choose and the ability to structure their own pricing within guidelines provided by the company. It is a very effective compensation system for the company, since sales representatives pay an initial $300 fee for start-up materials. Sales reps are independent contractors and not employees, so they cost the employer absolutely nothing. For ambitious sales reps, this system of at-risk compensation system can be very rewarding. Individuals who already have contacts as well as individuals who are savvy Web users may have a distinct advantage in their ability to reach potential customers more quickly. As AUTHORS (p. 459) point out, "Money is not the most important consideration for many employees." For those who desire independence and want or need flexibility, working for Collegiate Promotions can be ideal. There are drawbacks, however. The most obvious is the correlation between effort and income. Because the sales reps are not employees of Collegiate, they do not receive any health benefits, nor can they participate in a company-sponsored retirement plan. It is incumbent upon the individual to budget for state and federal income taxes. For Collegiate, the current compensation system is highly cost-effective and virtually risk-free. A sales representative must weigh the pros and cons of working within Collegiate's structure. It could be the perfect job for someone...
Collegiate Promotions A Sales Examination Exercise Collegiate apparel is perhaps one of the most popular in terms of clothing and accessories in the United States. Sports team apparel is also quite high, but collegiate apparel does seem to take over the lead, for it appeals to so many more people-males and females alike. In fact, collegiate apparel is rated on internet websites, which can provide links to the best places where to
Compensation Benefits Evaluate whether or not the compensation system at Collegiate Promotions is effective. If a company wants to introduce a new product to market in a quick way, but has rigid funds they have the option of utilizing an independent sales representative model. This allows a company to use representatives in their business to cut expenses and increase sales over the phone or enter into new markets or territories. Companies use
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