# The Best Way to Compensate Marketers \| Ep\. \#800

**URL:** https://www.singlegrain.com/episodes/marketing-school/the-best-way-to-compensate-marketers-ep-800/  
**Published:** 2018-10-09  
**Author:** Selena Templeton  
**Summary:** In episode \#800, Eric and Neil discuss the best way to compensate marketers\. Tune in to hear how you should be paying your marketing team\. Eric and Neil have committed\.\.\.  

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In episode #800, Eric and Neil discuss the best way to compensate marketers. Tune in to hear how you should be paying your marketing team.

Eric and Neil have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress [here](http://marketingschool.io/stats/)!

**TIME-STAMPED SHOW NOTES:**

- \[00:27\] Today’s Topic: _The Best Way to Compensate Marketers_
- \[00:32\] Before they started recording, Eric and Neil were discussing how the writers at [Agora Financial](https://agorafinancial.com/) do Billions in business.
- \[01:07\] On a podcast, they heard, a man was offered a job at Agora. The company offered to pay his rent for the first 6 months on the job, but the salary was small.
- \[01:27\] However, he was offered a dollar for every lead he was able to generate, as well as 1% of every sale that resulted from his leads.
- \[01:47\] In general, the best marketers are compensated in relation to their performance.
- \[02:35\] Once your business is established and you have built up a steady revenue stream, you may be able to get employees to take a small base plus performance incentives.
- \[03:12\] Everything is driven by incentives.
- \[03:41\] One of Eric’s friends recommends this: get the company to front $10,000 in ad spend for one month and you don’t pay the agency anything. If it works out, then you take on all the risk and grow from there.
- \[04:38\] Agora has their numbers down (they know what each customer is worth, etc.). If you are a new company, you may not have this information locked down and you may not be able to pay based on performance.
- \[05:00\] That’s it for today!
- \[05:04\] Go [here](http://marketingschool.io/stats) to see how many downloads the show is getting. Also rate and review to help Eric and Neil meet their goal of 1 Million downloads per month.

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The post [The Best Way to Compensate Marketers | Ep. #800](https://marketingschool.io/the-best-way-to-compensate-marketers-ep-800/) appeared first on [Marketing School Podcast](https://marketingschool.io/).