Replies to post #6613 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[doogdilinger]

And don't forget there's a bevy of industry leading retailers lined up behind the scenes days these awaiting finalization terms...so it's only a matter of time now 'til we're all discovering exactly how BIG their market penetration is about to become!

As a general rule we may not see SPNG get to immediately green light the bigger retailers by name...but with the announcements they provide I'm sure there'll be enough statistics given that with a little searching we'll know to whom they refer...that & the fact their products will also show up on these big box retailers shelves right.

Gonna be an exciting next several weeks & months here to say the very least as the rest of their pending developments/results all begin to arrive!

[Carpedeim357]

WPO that is good way to pay for sales force commission only % of sales. I did same thing since 2003 where I worked. We paid the outside sales company 13% to sell the product were I worked sold to dentists so 7% is good. What is great about the business model they use is this. They are keeping fixed overhead costs down and low. Basically they have all costs for sales reps, warehousing and shipping all part of cost of goods sold. No sales reps salaries to pay etc they only earn if they sell. No fixed costs of rent or salaries for warehouses. Thus fewer employees on the books to since they work for contracted manufacturer. Just pay % of each product purchase to cover it. I have used the same business model for years and very cost effective since variable cost of sales and not fixed costs. Great having fewer employees, benefits to pay etc.