020 3006 3011

Pocket Applications Limited | T/A Pocket Apps

The Office | Locks Meadow | The Dene | Hurstbourne Tarrant | SP11 0AH

Company Number 08566566

© 2019 Pocket Applications Limited

Customer Website

www.pocket-apps.co.uk

Sales Commissions

Generating a monthly sales revenue of £5,000 - £10,000 is achievable for an organised, well-connected sales agent, 

We bill all customers as soon as the contract is signed on 7-day terms. 

The sales commission is paid immediately we receive the payment from the client. This means agents can expect several payments each month as clients pay their invoices.

Ideally, we would like clients to commit to a 3-year contract as a minimum. To encourage signing 3-year contracts the commission structure is as follows:

  • Year 1 agreement 10.00%

  • Year 2 agreement 12.50%

  • Year 3 agreement 20.00%

We pay an additional success bonus of £500 every time a sales agent reaches £10,000 of net sales

(subject to terms set out in our agency agreement) .

Commission Calculation example

  • For a client spending £1,000 on a contract for an initial 1 year contract period, the contract value is £1,000. The commission payable on receipt of the 1st year's invoice is £100.  

  • If a client spends £1,000 on a contract for an initial 2 year period, the contract value is £2,000. The commission payable on receipt of each year's invoice is £125 (Total commission value £250). 

  • Clients spending £1,000 on a contract for an initial 3 year period, the contract value is £3,000. The commission payable on receipt of each year's invoice is £200. (Total commission value £600). 

OTE

The OTE on 120 deals a year (10 deals a month) at £1,000 per annum contract value (including the sales bonus mentioned above) is:

  • One year contract sales: £12,000 commission, plus £6000 bonus: £18000 payable in the first year

  • Two-year contract sales: £15,000 commission, plus £6000 bonus: £21,000 payable in the first year (£36,000 over 2 years)

  • Three-year contract sales: £24,000 commission, plus £6000 bonus: £30,000 payable in 1st year (£78,000 over 3 years)

 

An example is subject to clients paying all of their invoices in full.

Bonus turnover commission has been included in these examples

Bonus Commissions

Set Up Fee bonus

 

Set-Up Fees are extremely helpful at the beginning of a branded app contract (N/A for generic apps), as there are considerable upfront costs we incur when we build apps from scratch.

Sales Agents can waive set up fees to close a deal, however, we pay 50% commission on the setup fee if customers agree to a "one-off" set up fee at the beginning of their contract. Set up fee rates are detailed in the Sales Agents portal area of this website and there is a section in the mobile order form for adding it to an order

Sales Target Bonus

We pay a £500 commission each time an agent closes £10,000 of net sales.  (not including VAT)

 

The £10,000 threshold is calculated as follows:

  • The bonus is only calculated on sales and income made in the first year of an agreement.

What does not count towards the £10,000 Turnover bonus

  • Income earned in years 2 and 3 in a multi-year contract

  • income coming in from a contract made in previous years

  • VAT 

Example of how this bonus is calculated

Say an agent signs a 3-year initial agreement at £1000 a year; the income being £3000 over 3 years.

 

When calculating the bonus commission we only consider the first year's fee of £1000 towards the £10,000 target.

Automatic Commissions

If a hotel buys a branded app and wants to offer their wedding and event customers a personalised wedding app, we will build them for £50 a time and the automatic commission you will earn is £5 per app.

 

This would result in the following levels of automatic commission.

  • 30 Wedding apps er annum - £150

  • 50 Wedding apps er annum - £250

  • 75 Wedding apps er annum - £375

  • 100 Wedding apps er annum - £500

Please note that you will automatically receive this commission at the and of each month we receive payment from your hotel client.

The more hotels that offer wedding services the more automatic commission you will earn.

Product Prices & Info

Once an agent has passed the referencing stage and signed the agency agreement, we will provide access to the agent's portal area, which highlights the following:

  • Full product descriptions

  • Product prices

  • Sales methods we have employed so far

  • Discount tolerances 

  • Client mobile/tablet sales contracts