If you’re considering a career in luxury retail, one of the most prestigious brands to work for is Louis Vuitton. Known for its iconic handbags and impeccable craftsmanship, Louis Vuitton has become a symbol of luxury and status. But what do employees at Louis Vuitton make in terms of commission?
The Basics of Commission at Louis Vuitton
Commission is an important part of any salesperson’s salary, and it’s no different at Louis Vuitton. Sales associates at the brand earn a base salary, but they also have the opportunity to earn commission on their sales. The amount of commission they make is based on a percentage of their total sales.
At Louis Vuitton, the commission structure varies depending on the product category. For example, sales associates who sell accessories like wallets and belts may earn a different commission rate than those who sell handbags or clothing.
Handbags
Handbags are one of the most popular items sold at Louis Vuitton. Sales associates who specialize in selling handbags can expect to earn a commission rate of around 3% to 7% on their total sales.
This means that if a sales associate sells $50,000 worth of handbags in a month, they could potentially earn between $1,500 and $3,500 in commission.
Accessories
Accessories are another popular category at Louis Vuitton. This includes items like wallets, belts, and small leather goods. Sales associates who specialize in selling accessories can expect to earn a commission rate of around 2% to 6% on their total sales.
If a sales associate sells $30,000 worth of accessories in a month, they could potentially earn between $600 and $1,800 in commission.
Clothing
Louis Vuitton also offers clothing for both men and women. Sales associates who specialize in selling clothing can expect to earn a commission rate of around 2% to 5% on their total sales.
If a sales associate sells $20,000 worth of clothing in a month, they could potentially earn between $400 and $1,000 in commission.
Additional Bonuses and Rewards
In addition to commission, Louis Vuitton also offers bonuses and rewards for high-performing sales associates. These may include things like gift cards, trips, or even a percentage of the store’s profits.
Louis Vuitton also provides its employees with extensive training and development opportunities. This includes product knowledge training, customer service training, and leadership development programs.
The Bottom Line
Working at Louis Vuitton can be a lucrative career choice for sales associates who are passionate about luxury retail. With the potential to earn commission on top of a base salary, as well as bonuses and rewards for high performance, there is ample opportunity for growth and advancement.
But it’s important to keep in mind that commission rates can vary depending on the product category and other factors. It’s also important to note that commission is based on individual sales performance rather than team performance.
Overall, if you have a passion for luxury retail and exceptional customer service skills, working at Louis Vuitton could be an excellent career choice.