Telecom company BullsEye announced yesterday that it has come up with a brand new partner agreement that would allow those agents to actually select a commission plan that would work on a deal-by-deal basis. BullsEye says that these agents can pick from four different payout plans when it comes to commission. These plans are residual, one-time, up front and a combo that teams residual and one-time in an innovative way.
BullsEye is not one of the best known telecom companies in the world, but the business has been doing its best to become more well-known thanks to several different partnering deals. In March, Bullseye partnered with a company known as Telegrationin an attempt to better spur on revenue growth for both companies. Earlier that month, the company had also released a tweaking of their most well known suite that made it easierto manage multi-site communications.
This new move should make BullsEye more attractive to agents who want to be able to earn their commissions in a variety of different ways, based on their own needs rather than what BullsEye favors. The company saysthat choosing the payout method will be extremely easy, as they will just need to check a certain box when they sign their partner agreements. The company believes that this will lure in agents that want or need to be paid upfront and that it will better serve VAR and IT companies that deal with upfront compensation models more than other companies in the telecom industry.
BullsEye has also simplified its agent contract from 23 pages to 13 in order to try and have more more simplified language which will in turn aid both BullsEye and the companies they are attempting to partner with. One other change is that BullsEye has made a change it feels its agents will like when it comes to long term incentives. Under the new plan, agents would be rewarded with larger revenues as sales grow over time.
Edited by Carrie Schmelkin