Inbound sale representative vs bank representative

The differences between inbound sale representatives and bank representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an inbound sale representative has an average salary of $46,054, which is higher than the $34,417 average annual salary of a bank representative.

The top three skills for an inbound sale representative include excellent interpersonal, customer service and mutual funds. The most important skills for a bank representative are bank products, customer service, and bank policies.

Inbound sale representative vs bank representative overview

	Inbound Sale Representative	Bank Representative
Yearly salary	$46,054	$34,417
Hourly rate	$22.14	$16.55
Growth rate	5%	-12%
Number of jobs	118,186	105,192
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 53%
Average age	46	39
Years of experience	8	-

What does an inbound sale representative do?

An inbound sales representative is in charge of securing sales by responding to calls and correspondence from clients, ensuring efficiency and customer satisfaction. They may arrange appointments, answer inquiries, offer products and services, and discuss product specifications. There are also instances where they must perform follow-up calls on outbound transactions, process payments, or establish billing plans in adherence to the company's policies and regulations. Furthermore, an inbound sales representative must address issues and concerns from clients, resolving them promptly and efficiently.

What does a bank representative do?

A bank representative works to assist clients, aiming to provide optimal banking services and build positive client relationships. Their duties include greeting and identifying the clients' needs, answering inquiries, giving clear instructions, and discussing banking terms. They also process client requests such as withdrawals, deposits, payments, and even handling applications. Moreover, a bank representative may also conduct market research and analyses, generate leads, and reach out to potential clients through calls and correspondence to offer products and services.

Inbound sale representative vs bank representative salary

Inbound sale representatives and bank representatives have different pay scales, as shown below.

	Inbound Sale Representative	Bank Representative
Average salary	$46,054	$34,417
Salary range	Between $27,000 And $75,000	Between $28,000 And $41,000
Highest paying City	Boston, MA	Albany, NY
Highest paying state	Massachusetts	New York
Best paying company	Altice USA	Advancial Federal Credit Union
Best paying industry	-	Finance

Differences between inbound sale representative and bank representative education

There are a few differences between an inbound sale representative and a bank representative in terms of educational background:

	Inbound Sale Representative	Bank Representative
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	University of Southern California	-

Inbound sale representative vs bank representative demographics

Here are the differences between inbound sale representatives' and bank representatives' demographics:

	Inbound Sale Representative	Bank Representative
Average age	46	39
Gender ratio	Male, 46.4% Female, 53.6%	Male, 34.1% Female, 65.9%
Race ratio	Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%	Black or African American, 9.2% Unknown, 3.4% Hispanic or Latino, 22.4% Asian, 7.3% White, 57.1% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between inbound sale representative and bank representative duties and responsibilities

Inbound sale representative example responsibilities.

Contact medicare eligible recipients to sell medicare advantage plans through in-home meetings, community seminars and direct telesales.
Succeed at inbound sales role utilizing quick rapport building talent while upselling customers.
Create excellent customer service skills and multitasking, by providing professional, reliable customer service in a fast-pace working environment.
Perform adjustments to customers accounts in the CSG and Comtrac database.
Influence and sell CDV and CHSI to new and existing customers.
Meet customers needs and upselling by offering additional products and services base on discovery questions.

Bank representative example responsibilities.

Used CRM software for KYC purposes, managing and analyzing customer data throughout life cycle.
Open new accounts for existing and/or new clients, including money market savings, CDs, and IRA accounts.
Complete maintenance request including address changes, check orders, stop payments, warnings, account closings and ATM card captures.
Originate and sign internal debit and credit documents.
Complete customer account paperwork for loans, fraudulent activity, unauthorize activity and weekly ATM balancing reports.
Advise patients of insurance/hospital information, prepare admission forms and enter patient data into the patient data accounting system.

Inbound sale representative vs bank representative skills

Common inbound sale representative skills

Excellent Interpersonal, 21%
Customer Service, 10%
Mutual Funds, 9%
Excellent Organizational, 9%
Data Entry, 5%
Customer Inquiries, 5%

Common bank representative skills

Bank Products, 12%
Customer Service, 11%
Bank Policies, 9%
Cross-Sell, 6%
Excellent Interpersonal, 5%
Cash Handling, 5%

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Executive Management Industry
Inbound Sale Representative
Inbound Sale Representative vs Bank Representative

Updated January 8, 2025

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