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Finance & sales representative vs consumer sales representative

The differences between finance & sales representatives and consumer sales representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a finance & sales representative, becoming a consumer sales representative takes usually requires 6-12 months. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $38,514 average annual salary of a consumer 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 consumer sales representative are broadband, product knowledge, and inbound calls.

Finance & sales representative vs consumer sales representative overview

Finance & Sales RepresentativeConsumer Sales Representative
Yearly salary$86,114$38,514
Hourly rate$41.40$18.52
Growth rate10%-4%
Number of jobs175,031216,394
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 57%
Average age4340
Years of experience412

What does a finance & sales representative do?

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.

What does a consumer sales representative do?

Customer sales representatives' primary role is to present their employer's offerings to potential buyers. They may work out of an office, travel to conferences where their offerings might be suitable to attendees. It is their responsibility as customer sales representatives to get people to buy physical items, such as cars, new windows for their home, and skincare products. They perform a variety of tasks promoting their employer's offerings, sell policies for insurance companies, promote bundle deals for telecommunication industries, gym membership plans, and persuade parents to let their children join the tutoring system.

Finance & sales representative vs consumer sales representative salary

Finance & sales representatives and consumer sales representatives have different pay scales, as shown below.

Finance & Sales RepresentativeConsumer Sales Representative
Average salary$86,114$38,514
Salary rangeBetween $62,000 And $119,000Between $21,000 And $67,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between finance & sales representative and consumer sales representative education

There are a few differences between a finance & sales representative and a consumer sales representative in terms of educational background:

Finance & Sales RepresentativeConsumer Sales Representative
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Finance & sales representative vs consumer sales representative demographics

Here are the differences between finance & sales representatives' and consumer sales representatives' demographics:

Finance & Sales RepresentativeConsumer Sales Representative
Average age4340
Gender ratioMale, 57.3% Female, 42.7%Male, 39.8% Female, 60.2%
Race ratioBlack 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, 11.6% Unknown, 5.3% Hispanic or Latino, 19.4% Asian, 6.8% White, 56.2% American Indian and Alaska Native, 0.7%
LGBT Percentage6%7%

Differences between finance & sales representative and consumer sales representative duties and responsibilities

Finance & sales representative example responsibilities.

  • Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
  • Perform advance math functions with capability to analyze credit and financial information.
  • Used profiling analysis tools to identify cross-sell opportunities and ultimately increase the product-per-customer ratio.
  • Perform monthly client-profitability analysis using branch profit and loss metrics in order to maximize current client profitability and cross-sell opportunities.
  • Provide notary services of documents for customers and partners.
  • Take lending applications, open new accounts, notary services.
  • Show more

Consumer sales representative example responsibilities.

  • Join online marketplace specializing in local deals to manage customer engagements while providing industry-best service.
  • Enroll consumer in health insurance supply information on different health plan medicaid, chp, episode etc
  • Verify medicaid waive eligibility for non-emergency transportation.
  • Make both inbound and outbound calls in order to sell DIRECTV products including upgrading services.
  • Verify medicaid waive eligibility for non-emergency transportation.

Finance & sales representative vs consumer sales representative skills

Common finance & sales representative skills
  • Financial Products, 11%
  • Work Ethic, 8%
  • Customer Service, 8%
  • Loan Applications, 7%
  • Product Knowledge, 6%
  • FSR, 6%
Common consumer sales representative skills
  • Broadband, 40%
  • Product Knowledge, 8%
  • Inbound Calls, 7%
  • Outbound Calls, 5%
  • Data Entry, 4%
  • Phone Calls, 3%