How to Develop an Amazon Wholesale Sourcing Agent Compensation Plan

U.S. employees are essential for sourcing new products, especially if you want to source at a consistent rate (as mentioned in Daily Nugget #70: Why Hiring a US Employee Should Be Your Top Priority).

With hiring new employees for sourcing, it is important to think about how you plan to compensate them. Today we discuss one of your questions about compensation!

Here at Bright Ideas, we use open book management–which means that our sourcing agents get paid salary as well as receive profit sharing. This helps eliminate the downsides of commission based pay. I am not saying that commissions aren’t a great way to compensate employees, but if you choose that method then there are some important things to consider.

Take a listen to today’s Bright Ideas Daily Nugget to find out how to develop a compensation plan for Amazon sourcing.

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