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The differences between finance & sales representatives and direct 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 direct sales representative. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $43,527 average annual salary of a direct 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 direct sales representative are customer service, direct sales, and TV.
| Finance & Sales Representative | Direct Sales Representative | |
| Yearly salary | $86,114 | $43,527 |
| Hourly rate | $41.40 | $20.93 |
| Growth rate | 10% | 4% |
| Number of jobs | 175,031 | 159,668 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 53% |
| 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.
As a direct sales representative, you are responsible for creating customer awareness of a company's products and services and closing sales. You will perform varied tasks that include assisting in developing and executing marketing and sales plans, conducting research on competing products, and identifying opportunities to improve sales. Additionally, you are expected to answer inquiries about product features, availability, benefits, and pricing. Other tasks that you are likely to perform include attending trade shows, preparing sales proposals for prospective buyers, and preparing sales reports.
Finance & sales representatives and direct sales representatives have different pay scales, as shown below.
| Finance & Sales Representative | Direct Sales Representative | |
| Average salary | $86,114 | $43,527 |
| Salary range | Between $62,000 And $119,000 | Between $27,000 And $69,000 |
| Highest paying City | - | Salem, OR |
| Highest paying state | - | Maine |
| Best paying company | - | |
| Best paying industry | - | - |
There are a few differences between a finance & sales representative and a direct sales representative in terms of educational background:
| Finance & Sales Representative | Direct Sales Representative | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | SUNY College of Technology at Alfred |
Here are the differences between finance & sales representatives' and direct sales representatives' demographics:
| Finance & Sales Representative | Direct Sales Representative | |
| Average age | 43 | 47 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 68.4% Female, 31.6% |
| 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, 14.2% Asian, 5.1% White, 72.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |