AmeriBanc National - Ran around | Glassdoor
There are newer employer reviews for AmeriBanc National
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Helpful (10)

"Ran around"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Rep in Chicago, IL
Former Employee - Rep in Chicago, IL
Doesn't Recommend
Neutral Outlook

I worked at AmeriBanc National full-time (More than a year)

Pros

Good $ if u can sell 16 plus a month

Cons

terrible $ when u sell less than 16 monthly
treated like an infant regarding appointments , no way to plan your day
hook in employment ad is 4 or more quality appts a day, reality is you HAVE to go B2B canvassing to be able to survive

Advice to Management

treat reps like adults

Other Employee Reviews for AmeriBanc National

  1. "Ameribanc Sales is a great job for someone for those that want flexibility and escape the phony corporate world"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AmeriBanc National full-time

    Pros

    If you are organized and good with building relationships, this is a decent sales job. Management is really supportive and will bend over backwards to help you close a sale.

    Cons

    Like in any sales job, if you can't build rapport and trust with your customer, you will be very disappointed.

    Advice to Management

    Appts: Sometimes the appointment setters will set crap leads just to make their quotas. It's a waste of everyone's time. e.g. Why schedule an appointment with an accountant after April 15th? Those appts should be heavily concentrated and booked at the beginning of the year? Body Shops and Funeral Homes are a long shots since they rarely accept credit cards but they do have some potential.
     Mileage: A modest mileage stipend should be paid for making it to an appointment and at least getting a manager on the phone. Driving an hour to an appointment and not getting a face to face with the owner for whatever reason can be very demotivating when you realize you just wasted your time and gas for absolutely nothing. A $10 per run fee paid to the sales agent would go a long way to aid in rep retention......especially since Ameribanc is one of the only companies to not pay a residual. While next day pay is a nightmare for payroll, it is another fabulous way to retain good sales agents


  2. "Think Twice"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at AmeriBanc National full-time

    Pros

    The company has some great merchant service solutions for independent business owners.

    Cons

    Their "powerful" training sessions included watching a two hour q&a webinar that is tailored toward their previous outside sales format. Next, you spend about 30 minutes listening to the sales manager ( talking faster than a used car salesman in Wichita ) spout off analogies, tell you what a great salesperson he is and how he started selling mortgages when he was 14 ( somebody please hide his copies of Boiler Room and Wolf of Wall Street ). Last, but not least, he tells you to go " play around with the system" ( computer ) to get used to it...... "POWERFUL"!

    Advice to Management

    Take a look around. You have a handful of people in the office that came in with their manager from another company putting up numbers. As for any of the new hires, I just see them going through the motions. I have never worked in an inside sales office with the lack of energy that is AmeriBanc National.

There are newer employer reviews for AmeriBanc National
There are newer employer reviews for AmeriBanc National

See Most Recent

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