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The differences between finance & sales representatives and inside 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 an inside sales representative. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $44,413 average annual salary of an inside sales representative.
The top three skills for a finance & sales representative include financial products, work ethic and customer service. The most important skills for an inside sales representative are customer service, CRM, and outbound calls.
| Finance & Sales Representative | Inside Sales Representative | |
| Yearly salary | $86,114 | $44,413 |
| Hourly rate | $41.40 | $21.35 |
| Growth rate | 10% | 4% |
| Number of jobs | 175,031 | 244,168 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| 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.
An inside sales representative is responsible for selling services and products to clients, driving the company's revenues and increase sales profitability. Duties of an inside sales representative include developing strategic sales pitches, responding to customer's inquiries and requests, offering promotional products and discounts, researching potential clients, creating sales reports, and managing customer's possible complaints. An inside sales representative also provides strategic solutions to share with the sales team to improve their sales performance. Inside sales representatives must have excellent communication and negotiation skills to deal with customers' needs.
Finance & sales representatives and inside sales representatives have different pay scales, as shown below.
| Finance & Sales Representative | Inside Sales Representative | |
| Average salary | $86,114 | $44,413 |
| Salary range | Between $62,000 And $119,000 | Between $28,000 And $69,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Wyoming |
| Best paying company | - | Berkshire Hathaway |
| Best paying industry | - | Technology |
There are a few differences between a finance & sales representative and an inside sales representative in terms of educational background:
| Finance & Sales Representative | Inside Sales Representative | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| 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 inside sales representatives' demographics:
| Finance & Sales Representative | Inside Sales Representative | |
| Average age | 43 | 47 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 54.7% Female, 45.3% |
| 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, 14.0% Asian, 5.1% White, 73.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |