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The differences between finance & sales representatives and outbound 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 outbound sales representative. Additionally, a finance & sales representative has an average salary of $86,114, which is higher than the $45,723 average annual salary of an outbound 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 outbound sales representative are outbound sales, customer service, and excellent interpersonal.
| Finance & Sales Representative | Outbound Sales Representative | |
| Yearly salary | $86,114 | $45,723 |
| Hourly rate | $41.40 | $21.98 |
| Growth rate | 10% | 4% |
| Number of jobs | 175,031 | 240,781 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | High School Diploma, 33% |
| 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 outbound sales representative focuses on securing sales by reaching out to clients through calls, correspondence, or face-to-face interactions. They primarily offer products and services, assisting customers every step of the way to ensure client satisfaction. To carry out their duties, they must perform research and analysis to identify business opportunities, develop sales strategies, generate leads, discuss product specifications with customers, introduce payment plans, and negotiate contracts. Moreover, an outbound sales representative must build positive relationships with clients while adhering to the company's policies and regulations.
Finance & sales representatives and outbound sales representatives have different pay scales, as shown below.
| Finance & Sales Representative | Outbound Sales Representative | |
| Average salary | $86,114 | $45,723 |
| Salary range | Between $62,000 And $119,000 | Between $24,000 And $84,000 |
| Highest paying City | - | Hoboken, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | Altice USA |
| Best paying industry | - | - |
There are a few differences between a finance & sales representative and an outbound sales representative in terms of educational background:
| Finance & Sales Representative | Outbound Sales Representative | |
| Most common degree | Bachelor's Degree, 67% | High School Diploma, 33% |
| 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 outbound sales representatives' demographics:
| Finance & Sales Representative | Outbound Sales Representative | |
| Average age | 43 | 47 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 45.9% Female, 54.1% |
| 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% |