What does a sporting goods sales rep do?
What does a sporting goods sales rep do?
Sporting goods sales reps are responsible for selling sporting goods to retailers, distributors or individuals. Sporting goods sales representatives sometimes work directly for a single manufacturer and other times work independently, selling sporting goods from various manufacturers.
What is a rep group?
The Rep Group is an independent sales and marketing firm specializing in the representation of quality safety products.
Is a sporting goods store profitable?
According to The Retail Owners Institute, sporting goods stores averaged around 37 to 38 percent gross profit between 2006 and 2010. The largest average gross profit margin for sporting goods stores was 38.5 percent in 2008, and the smallest was 36.9 percent in 2010.
How are manufacturers representatives usually paid?
Manufacturers’ representatives, and all independent sales reps, get paid a commission for the sales they make in their area. The commission is based on the commission rate in their written Sales Representative Agreement with the manufacturer. Reps are paid only after the sale is made.
What is manufacturer rep?
A manufacturers’ representatives (rep), also known as independent sales representatives or sales agent, is a sales agency or company that sells and markets a manufacturer’s products to wholesale customers.
What is the average markup on sporting goods?
Most of the items available in a sporting goods store have a mark-up of 35% to 45%, other items may be a bit lower — around 25% to 30%. In the particular store you are looking at the mark-up may be a bit lower since a majority of the sales are to parks and schools.
What is the margin in sports shop?
The profit margin that a Sports Shop Franchise business is likely to yield is about 20%-50% based on the quality of the product you produce the profit percentage increases.
What is a manufacturer rep?