Can you relly make money in Merchant Services. I am going to work for Abn-Amro Merchant Services?
Posted on August 30th, 2009 by admin
It is not an easy business to get into. You have to know a lot of business owners who will be willing to listen to your sales pitch. The process of "courting" them to switch to your provider can take a long time – they need to first know you, develop a relationship with them, even going to their restaurant to eat several times if you are targeting restaurant owners. You need to be a familiar face to them – before they take out their merchant account statements from which you can compute the savings they will get by switching to you.
It is a business where you need to be always out and on the move, always networking. If you are good at sales, then go for it.
The money was not as high as we first expected, and look at your contract with them. Some companies stop your recurring earnings if you become inactive in a quarter (if you decide to just sit out and wait for your monthly commissions)
August 31st, 2009 at 1:37 am
It is not an easy business to get into. You have to know a lot of business owners who will be willing to listen to your sales pitch. The process of "courting" them to switch to your provider can take a long time – they need to first know you, develop a relationship with them, even going to their restaurant to eat several times if you are targeting restaurant owners. You need to be a familiar face to them – before they take out their merchant account statements from which you can compute the savings they will get by switching to you.
It is a business where you need to be always out and on the move, always networking. If you are good at sales, then go for it.
The money was not as high as we first expected, and look at your contract with them. Some companies stop your recurring earnings if you become inactive in a quarter (if you decide to just sit out and wait for your monthly commissions)
References :
Husband used to work for a merchant services company