Technical Sales Engineer: How to Make $300K Per Year

Are you already in industrial or manufacturing sales and trying to increase your earning? Did you know that it really is possible to make over $250K per year if you have the right compensation structure?

I spent 10 over years in injection molding sales and have numerous friends in the industrial/manufacturing industry making well over $250K per year and some over $300K .

This industry has a LOT of complacency in it because SOME of the older generation is typically satisfied with their compensation and isn't as hungry as new industry sales people. This leaves a HUGE opportunity for either anyone new to the industry or a hungrier generation.

The first step is to make sure that the "vehicle" (the company you work for) has you setup for success:

- You should be making between $75K - $110K as a base salary

- You should have a commission plan

- Your commission plan should be based on sales revenue, not total profit

- Commission should be between 1%-3% and last a minimum of 2-3 years on any new business/programs.

Financial compensation is the best driver for any sales people, so your company needs to be leading with a carrot and rewarding your appropriately.

Kyle Milan is also the CEO of 5 Fold Agency, a manufacturing & industrial marketing agency. With 18 years of sales, marketing and engineering experience in the industrial space, Milan designs and executes powerful strategies and is known as the "go to" source for all marketing strategy and tactics within the industrial and manufacturing sectors.