I got job working for a third party merchant credit card processing company. They give me leads which I go to but it turn out they are really shitty leads. The client is hostile right away and it like they do not even have the time for me. I can understand if they are on the fence about the product. But it like they do not want to have anything to do with it. It all commission and I have to use my own gas and car. There was training but only two days and it only about the product. I feel that I am set up for failour and they would just keep hiring new people to replace burnout. Almost like car salesman. I wish they would have told me that in the first place so I have the right mindset to go into a sales call without being ambush. I can not understand why people would not want something that can save them money.
Is this a scam?
- Thread starter banelord
- Start date
It sounds like the old telemarketing scam. They hire a large group of people to work without salary. They are paid only on commission. There will be a huge turn over in people and by the time you get fed up of working without pay you would have cranked out 20 or 30 clients for them. The commissions you are paid will never justify your time
At the sametime you can make decent money and what you are selling is not a bad thing. You can save people money and they will save it. I can understand if they think the saving is not that great like 30.00 a month but over time it 360 a year and that small to dismissed. Small time business need all the saving they can get. It not like I'm selling thing people do not want. I do not feel I'm cheating them because I am not. I just feel that I was mislead and this job is way harder then it really is. These leads fucking suck crap. I want the Glen Garry leads
Banelord it sounds like a crap job but you gotta do whatever it takes to pay the bills. I'd say not telling you that you would have a hard time might actually help some salesmen. I recall a job where there were always a few beginner salespeople who would score sales that the older experienced guys would say they were wasting their time trying to get - the older guys said "they won't buy, it's hopeless", and defeated themselves in these cases.I wish they would have told me that in the first place so I have the right mindset to go into a sales call without being ambush. .
I think I need another job. I have invested a week into this. Only work 2 days and the rest was training. What do you think of this I could work 2 more week to learn because I am learning very fast in the job. It a great skill to have. Then get another job like auto sales. At least when that guy come in you know he somewhat interested in what you have to sell.
If your product /service is that good, then start your pitch off by asking if they would be interested in saving $1000. Ask them if they have a points card already, and ask them how many dollars they have made in points. They might tell you $50 - $100 over 3 years. That will be your hook, tell them that they can save $30 a month. Times 36 months, that would = approx. $1000 ( or more ) Ask them why they collect points on their credit cards and not be interested in a method 10 times better.
If you can prove that your card can do this for them, you will have a sale every time.
If you can prove that your card can do this for them, you will have a sale every time.
Reminds me of the Tri Star vacuum salesmen. First step was to place winning scratch ticket in everyone's mailbox. Everyone would win a trip but could only collect after the salesman demonstrated and a vacuum was purchased for $1000+.
I am sure many of these guys were on the verge of being assaulted after people put up with low handed sales tactics and overpriced commodities.
I am sure many of these guys were on the verge of being assaulted after people put up with low handed sales tactics and overpriced commodities.
It a great skill to have and I try to learn from each sales pitch and see what went wrong. The thing is the company not keeping their end of the deal. I'm not getting good leads. They have a whole telemarketing firm trying to get leads and all I get are people that do not want to service because one they do not need it or they hurting for money and can not afford it. Plus I have to see there statement which only one person show me. The rest will not even do that. That mean I'm going into a sales pitch fpr someone that does not even want me there. They are so hostile!!! But I found out that I'm good at making friends and even after we talk and I could not get them to sign on it ok, they enjoy talking to me. Trust me I tried everything I can to make the sale. I do not give up easy if they have some interest in it we will try to make it work for them. All I can do is make the best of it. I can close but they have to at least want it.
any company that puts you out there with little training, bad leads and that uses your time and money to promote their business is not a place you want to be. Quit now.
Only take a position that at least pays you an hourly wage and if there is commission on top that's a bonus.
Sadly you are being used by a company that is more interested in their own well being than yours.
Look after yourself and never work at something that is bad for you while being good for someone else.
Win Win is essential.
Only take a position that at least pays you an hourly wage and if there is commission on top that's a bonus.
Sadly you are being used by a company that is more interested in their own well being than yours.
Look after yourself and never work at something that is bad for you while being good for someone else.
Win Win is essential.
The reason why they are so hostile to you is that they get solicited by cc processors every day several times a day. Plus dealing with even the established cc companies (such as Moneris, First data, Global Payments or ChasePaymentech) is a royal pain in the butt. The business owners have no choice but to accept credit/debit cards and they get raped on the fees. Customer support is dreadful in case something goes wrong (which usually does: terminal doesn't work, missing deposits, overcharging fees), contracts are completely one sided (and they are auto-renewing which is illegal but cc providers do it anyway counting on people's ignorance). And when a merchant finally gets fed up and wants to change providers, he gets hit with a minimum of $300 cancellation fee (very often much more).
Yet it's possible to make good money even working for a 3rd party provider but you have to be ruthless, sleazy and lie all day long. Don't expect to have success in downtown Toronto. You have to go Scarborough, Brampton, etc and hunt for the businesses that just opened or ones that are considered high risk for cc providers (gyms, spas, travel agencies, furniture stores, small clothing stores, electronic stores, etc) or convience stores that don't know any better. But to really bring in some money you have to look for customers in smaller towns sorrounding GTA (eg go to Barrie, find a stripmall and hit all the businesses there). If you're really aggressive you can make around $75k.
Yet it's possible to make good money even working for a 3rd party provider but you have to be ruthless, sleazy and lie all day long. Don't expect to have success in downtown Toronto. You have to go Scarborough, Brampton, etc and hunt for the businesses that just opened or ones that are considered high risk for cc providers (gyms, spas, travel agencies, furniture stores, small clothing stores, electronic stores, etc) or convience stores that don't know any better. But to really bring in some money you have to look for customers in smaller towns sorrounding GTA (eg go to Barrie, find a stripmall and hit all the businesses there). If you're really aggressive you can make around $75k.
Ya this company lie to me. It so ruthless out there and the leads are so bad. Did you know I even did cold calls just to see if I can get better leads. I even go to business that are around. I know I have what it take to be a good salesman. I work hard and do not give up and people like me in the end because they know I really look out for them. No bs they can see that. I going to find a car sales job selling Japanese or European cars. Then I'm going to work hard and build a client base from that. I could give this Job 110% but it seem like a waste of time.
Just found out there a lot on the net about my company and the leasing company they use. It a pure scam I so glad I did not sign anyone up. I guess it time to look for a job again. I'm quiting. I am a good salesman. But I need to be able to look at my client in the eye and give them something they maybe want at a reasonable fee. Never out right lie and steal. From hard working folks.
Its funny you bring this up because I once sold these vacuums for a summer job. There were some amazing salesmen there that would if you can believe it sell 30 vacuums a month! The commission of the sale was $300 (the vacuum was 2600) plus they had bonuses for top salesman of the week and of the month. So some of these guys were pulling in between $7K to $14K per month selling vacuums!Reminds me of the Tri Star vacuum salesmen. First step was to place winning scratch ticket in everyone's mailbox. Everyone would win a trip but could only collect after the salesman demonstrated and a vacuum was purchased for $1000+.
I am sure many of these guys were on the verge of being assaulted after people put up with low handed sales tactics and overpriced commodities.
So I quit the job. I just sent them an e-mail saying we are not a right fit. Then nothing happen I guess people quit all the time. Man I was getting used the commission I got for selling that machine was bullshit. They were taken advantage of salesman. But at least I stop the bleeding. The thing is I did not mind that it was a hard job. It the taking advantage of hard working small business people and making them sign of lease that are just so bad for them. They used a company called nls leasing and it the same shit as northern leasing. I read the lease and it all one side.
