Whiteboard Wednesdays: How to Increase Profitability (Part 2)

Whiteboard Wednesdays
Written By Bobby Lehew

Welcome to “Whiteboard Wednesdays,” our fast and informative video series where we take complex ideas and make them simple!

In this episode, commonsku’s CEO, Catherine Graham, shares part two in our series, "How to Increase Profitability." This week, Catherine discusses the compensation model of base-plus-commission and the key elements to factor into your salary costs such as the margins and goals to strive toward to achieve success:

For more compensation ideas, check out our posts, How to Design a Compensation Plan That Works and Commission Models and Profitability: Why the 50/50 Split Needs an Overhaul.

commonsku is software specifically designed for the promotional products industry. It's a CRM, Order Management, and eCommerce platform wrapped up in one sophisticated hub. With software that intuitively connects distributors and suppliers, commonsku is like a breath of fresh air for your team. Learn more at commonsku.com

Bobby Lehew
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Episode 73: Think Outside the Catalog, Importing Tips with Russ Mogell