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Licensed sales agent vs business sales associate

The differences between licensed sales agents and business sales associates can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a licensed sales agent, becoming a business sales associate takes usually requires 2-4 years. Additionally, a business sales associate has an average salary of $59,485, which is higher than the $36,453 average annual salary of a licensed sales agent.

The top three skills for a licensed sales agent include real estate, lead generation and customer service. The most important skills for a business sales associate are business sales, product knowledge, and customer satisfaction.

Licensed sales agent vs business sales associate overview

Licensed Sales AgentBusiness Sales Associate
Yearly salary$36,453$59,485
Hourly rate$17.53$28.60
Growth rate10%4%
Number of jobs63,324359,630
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Average age4347
Years of experience64

What does a licensed sales agent do?

A sales agent is the one who serves as a seller for the customer. They are the one who fulfills and allows them to choose a product or item that they need. Some of their tasks include offering products, taking orders, and providing services for clients. Also, they keep the required documents to report errors or dissatisfaction. Their skills involve being customer-oriented, good management skills, and can communicate effectively.

What does a business sales associate do?

A business sales associate's primary goal is to secure sales and reach sales targets. To make this possible, a business sales associate conducts market research and analyses to identify new business and client opportunities, generates leads, and develops sales strategies. They usually reach out to potential clients or representatives through calls or correspondence, arrange appointments, discuss product or service specifications, organize payment plans, and negotiate contracts, building positive business relationships along the way. Moreover, they produce progress reports and coordinate with managers regularly.

Licensed sales agent vs business sales associate salary

Licensed sales agents and business sales associates have different pay scales, as shown below.

Licensed Sales AgentBusiness Sales Associate
Average salary$36,453$59,485
Salary rangeBetween $25,000 And $51,000Between $42,000 And $84,000
Highest paying CityMinnetonka, MN-
Highest paying stateNew York-
Best paying companyOracle-
Best paying industryFinance-

Differences between licensed sales agent and business sales associate education

There are a few differences between a licensed sales agent and a business sales associate in terms of educational background:

Licensed Sales AgentBusiness Sales Associate
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeStanford UniversitySUNY College of Technology at Alfred

Licensed sales agent vs business sales associate demographics

Here are the differences between licensed sales agents' and business sales associates' demographics:

Licensed Sales AgentBusiness Sales Associate
Average age4347
Gender ratioMale, 45.1% Female, 54.9%Male, 60.0% Female, 40.0%
Race ratioBlack or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.2%Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.6% Asian, 5.2% White, 72.3% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between licensed sales agent and business sales associate duties and responsibilities

Licensed sales agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Develop a working knowledge of the Medicaid program used to educate customers on product eligibility.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Service Humana ACA plan members on benefits, service.
  • Comply with all regulatory guidelines as well as HIPAA and privacy guidelines, demonstrate client/customer confidentiality.
  • Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.
  • Show more

Business sales associate example responsibilities.

  • Manage individual sales activities by developing highly effective, communications focuse relationship with multiple sales channels.
  • Perform inside sales, including telemarketing, prospecting, account penetration and product application, consulting and delivery of customer service.
  • Top performer among peers in revenue and margin attainments, upselling extend warranties and converting credit card sales to leases.
  • Assist MRO organizations in composite shop design and organization.

Licensed sales agent vs business sales associate skills

Common licensed sales agent skills
  • Real Estate, 27%
  • Lead Generation, 24%
  • Customer Service, 7%
  • Auto Insurance, 3%
  • Medicare Advantage, 3%
  • Inbound Calls, 3%
Common business sales associate skills
  • Business Sales, 14%
  • Product Knowledge, 14%
  • Customer Satisfaction, 10%
  • CRM, 10%
  • Sales Process, 6%
  • Customer Support, 5%