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Finance & sales representative vs direct sales representative

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 vs direct sales representative overview

Finance & Sales RepresentativeDirect Sales Representative
Yearly salary$86,114$43,527
Hourly rate$41.40$20.93
Growth rate10%4%
Number of jobs175,031159,668
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 53%
Average age4347
Years of experience44

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 direct sales representative do?

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 representative vs direct sales representative salary

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

Finance & Sales RepresentativeDirect Sales Representative
Average salary$86,114$43,527
Salary rangeBetween $62,000 And $119,000Between $27,000 And $69,000
Highest paying City-Salem, OR
Highest paying state-Maine
Best paying company-Google
Best paying industry--

Differences between finance & sales representative and direct sales representative education

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

Finance & Sales RepresentativeDirect Sales Representative
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY College of Technology at Alfred

Finance & sales representative vs direct sales representative demographics

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

Finance & Sales RepresentativeDirect Sales Representative
Average age4347
Gender ratioMale, 57.3% Female, 42.7%Male, 68.4% Female, 31.6%
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, 3.8% Unknown, 3.7% Hispanic or Latino, 14.2% Asian, 5.1% White, 72.9% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between finance & sales representative and direct 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.
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Direct sales representative example responsibilities.

  • Manage accounts and create invoices via QuickBooks.
  • Achieve and maintain high-volume sales output, for cell phones and broadband products to stay employ with company.
  • Contact medicare eligible recipients to sell medicare advantage plans through in-home meetings, community seminars and direct telesales.
  • Canvass assigned sales territory and solicit orders for new or upgrade cable, broadband and digital phone services.
  • Generate revenue by selling and upselling services while developing client base throughout territory.
  • Prospect and generate sales revenue by adding new program residential customers and cross selling and upselling current residential customers.
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Finance & sales representative vs direct 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 direct sales representative skills
  • Customer Service, 33%
  • Direct Sales, 20%
  • TV, 15%
  • Work Ethic, 4%
  • Technical Troubleshooting, 3%
  • Door-To-Door Sales, 3%