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The differences between finance & sales representatives and business sales representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance & sales representative and a business sales representative. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $58,288 average annual salary of a business sales representative.
The top three skills for a finance & sales representative include financial products, work ethic and customer service. The most important skills for a business sales representative are business sales, customer accounts, and customer service.
| Finance & Sales Representative | Business Sales Representative | |
| Yearly salary | $86,114 | $58,288 |
| Hourly rate | $41.40 | $28.02 |
| Growth rate | 10% | 4% |
| Number of jobs | 175,031 | 226,438 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 68% |
| Average age | 43 | 47 |
| Years of experience | 4 | 4 |
A finance and sales representative is responsible for selling financial services and instruments to clients according to their needs and requirements. Finance and sales representatives identify the clients' long-term financial goals and objectives to provide accurate investment options and plans by considering their risk tolerance and credit performance. They also follow the movement of the stock market and inform the clients of any changes that may affect their portfolio and financial stability. A finance and sales representative must have excellent analytical and communication skills, especially in handling client accounts and developing financial strategies for their best interests.
A business sales representative's role is to develop strategies in identifying leads and opportunities to secure sales. Their responsibilities revolve around reaching out to clients to offer products and services, discussing the pricing and specifications of products, processing payments, and gathering necessary client information. They may also arrange appointments with clients to negotiate and sign contracts. Furthermore, as a business sales representative, it is essential to produce progress reports and presentations, handle issues and complaints, maintain records of all transactions, and regularly update databases.
Finance & sales representatives and business sales representatives have different pay scales, as shown below.
| Finance & Sales Representative | Business Sales Representative | |
| Average salary | $86,114 | $58,288 |
| Salary range | Between $62,000 And $119,000 | Between $31,000 And $108,000 |
| Highest paying City | - | Bothell, WA |
| Highest paying state | - | Washington |
| Best paying company | - | Amazon |
| Best paying industry | - | - |
There are a few differences between a finance & sales representative and a business sales representative in terms of educational background:
| Finance & Sales Representative | Business Sales Representative | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between finance & sales representatives' and business sales representatives' demographics:
| Finance & Sales Representative | Business Sales Representative | |
| Average age | 43 | 47 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 61.4% Female, 38.6% |
| Race ratio | Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 9.9% White, 68.1% American Indian and Alaska Native, 0.2% | Black or African American, 3.8% Unknown, 3.7% Hispanic or Latino, 14.3% Asian, 5.2% White, 72.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |