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The differences between merchants and finance sales consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a merchant has an average salary of $74,999, which is higher than the $45,562 average annual salary of a finance sales consultant.
The top three skills for a merchant include product development, gross margin and market trends. The most important skills for a finance sales consultant are customer satisfaction, sales process, and financial services.
| Merchant | Finance Sales Consultant | |
| Yearly salary | $74,999 | $45,562 |
| Hourly rate | $36.06 | $21.90 |
| Growth rate | - | 10% |
| Number of jobs | 15,395 | 101,031 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 61% |
| Average age | 41 | 43 |
| Years of experience | - | 4 |
A merchant is responsible for selling goods and services for an organization to generate revenues by reaching out to existing and potential customers and discuss the products' features. Merchants must have extensive knowledge of the goods offered by the company to be able to respond to customers' inquiries and concerns accurately. They also maintain the adequacy of inventory for store orders, create purchase requests, and analyze sales performance. A merchant coordinates with the sales and marketing team to develop efficient promotional strategies and increase brand awareness on public platforms.
A finance sales consultant helps sell financial products and services. They can work in various industries, such as home, automotive, or banking. They essentially assess their client's needs and provide financial solutions. There are a lot of skills needed to become a good finance sales consultant. However, great customer service and communication skills top the demand.
Merchants and finance sales consultants have different pay scales, as shown below.
| Merchant | Finance Sales Consultant | |
| Average salary | $74,999 | $45,562 |
| Salary range | Between $47,000 And $119,000 | Between $34,000 And $59,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | California | - |
| Best paying company | Levi Strauss & Co. | - |
| Best paying industry | Finance | - |
There are a few differences between a merchant and a finance sales consultant in terms of educational background:
| Merchant | Finance Sales Consultant | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between merchants' and finance sales consultants' demographics:
| Merchant | Finance Sales Consultant | |
| Average age | 41 | 43 |
| Gender ratio | Male, 42.1% Female, 57.9% | Male, 62.5% Female, 37.5% |
| Race ratio | Black or African American, 8.5% Unknown, 5.2% Hispanic or Latino, 23.3% Asian, 7.4% White, 55.1% American Indian and Alaska Native, 0.6% | Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 10.2% White, 67.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 6% |