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Market sales manager hiring summary. Here are some key points about hiring market sales managers in the United States:
Here's a step-by-step market sales manager hiring guide:
Market Sales Managers oversee the performance of the company's products and services in a specific target market. They analyze sales data and prepare related reports. They come up with strategies to address sales concerns and to further improve sales performance. They should be familiar with the current industry trends to ensure that their strategies would bode well with the market. They should also be able to identify the sales strategies that would cater to their market. Market Sales Managers are also assigned to oversee the market sales team. This includes training new hires, cascading company updates and strategies, and engaging the team to perform well.
First, determine the employments status of the market sales manager you need to hire. Certain market sales manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A market sales manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, market sales managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of market sales managers.
| Type of Market Sales Manager | Description | Hourly rate |
|---|---|---|
| Market Sales Manager | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $22-58 |
| Regional Sales And Marketing Manager | A regional sales and marketing manager's role is to oversee a company's marketing operations, ensuring efficiency and smooth workflow. Their responsibilities include performing research and analysis to identify new business opportunities, gathering and analyzing data to determine the strengths and weaknesses of current programs and procedures, setting goals and budgets, assessing the performance of the workforce, and monitoring the progress of the different company branches within the region... Show more | $26-58 |
| Sales Development Manager | Sales Development Managers oversee a specific function in the sales department. They are in charge of creating sales pitches, communication tools, and strategies to boost the company's sales performance... Show more | $31-75 |
Including a salary range in your market sales manager job description helps attract top candidates to the position. A market sales manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a market sales manager in Arizona may be lower than in Connecticut, and an entry-level market sales manager usually earns less than a senior-level market sales manager. Additionally, a market sales manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $99,464 | $48 |
| 2 | New York | $99,131 | $48 |
| 3 | California | $96,038 | $46 |
| 4 | Michigan | $92,942 | $45 |
| 5 | Massachusetts | $89,320 | $43 |
| 6 | Illinois | $87,765 | $42 |
| 7 | Texas | $87,683 | $42 |
| 8 | Indiana | $87,673 | $42 |
| 9 | Virginia | $86,119 | $41 |
| 10 | Missouri | $84,390 | $41 |
| 11 | Washington | $80,385 | $39 |
| 12 | Florida | $79,903 | $38 |
| 13 | Wisconsin | $78,679 | $38 |
| 14 | Hawaii | $77,318 | $37 |
| 15 | Pennsylvania | $75,588 | $36 |
| 16 | Colorado | $71,011 | $34 |
| 17 | Georgia | $68,234 | $33 |
| 18 | Minnesota | $68,095 | $33 |
| 19 | Arkansas | $67,212 | $32 |
| 20 | Ohio | $66,805 | $32 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Adobe | $120,017 | $57.70 | 33 |
| 2 | Cook Children's Medical Center | $117,288 | $56.39 | 2 |
| 3 | Citi | $112,924 | $54.29 | 18 |
| 4 | UBS | $106,046 | $50.98 | |
| 5 | Datadog | $103,046 | $49.54 | 24 |
| 6 | ROTH Capital Partners | $102,761 | $49.40 | |
| 7 | Kraton | $101,529 | $48.81 | |
| 8 | Procore Technologies | $98,560 | $47.38 | 4 |
| 9 | NBCUniversal | $98,276 | $47.25 | 21 |
| 10 | Amazon | $97,552 | $46.90 | 363 |
| 11 | Gardner Denver | $97,421 | $46.84 | 75 |
| 12 | Oracle | $93,578 | $44.99 | 628 |
| 13 | Lenovo | $91,970 | $44.22 | 6 |
| 14 | Hyundai Motor Manufacturing Alabama | $90,030 | $43.28 | |
| 15 | Proton OnSite | $89,104 | $42.84 | |
| 16 | Splunk | $86,780 | $41.72 | |
| 17 | RBS Securities | $86,144 | $41.42 | |
| 18 | Alfa Laval | $85,441 | $41.08 | 8 |
| 19 | Formstack | $85,301 | $41.01 | |
| 20 | Kindred at Home | $84,724 | $40.73 |
A market sales manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a market sales manager job description:
To find market sales managers for your business, try out a few different recruiting strategies:
Your first interview with market sales manager candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the market sales manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire market sales managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire market sales managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $75,416 per year for a market sales manager, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for market sales managers in the US typically range between $22 and $58 an hour.