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Merchant vs finance service sales agent

The differences between merchants and finance service sales agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance service sales agent has an average salary of $117,461, which is higher than the $74,999 average annual salary of a merchant.

The top three skills for a merchant include product development, gross margin and market trends. The most important skills for a finance service sales agent are customer service, mutual funds, and health insurance.

Merchant vs finance service sales agent overview

MerchantFinance Service Sales Agent
Yearly salary$74,999$117,461
Hourly rate$36.06$56.47
Growth rate-10%
Number of jobs15,395186,640
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 61%
Average age4143
Years of experience-4

Merchant vs finance service sales agent salary

Merchants and finance service sales agents have different pay scales, as shown below.

MerchantFinance Service Sales Agent
Average salary$74,999$117,461
Salary rangeBetween $47,000 And $119,000Between $60,000 And $226,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyLevi Strauss & Co.Citi
Best paying industryFinanceFinance

Differences between merchant and finance service sales agent education

There are a few differences between a merchant and a finance service sales agent in terms of educational background:

MerchantFinance Service Sales Agent
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Merchant vs finance service sales agent demographics

Here are the differences between merchants' and finance service sales agents' demographics:

MerchantFinance Service Sales Agent
Average age4143
Gender ratioMale, 42.1% Female, 57.9%Male, 68.0% Female, 32.0%
Race ratioBlack 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, 5.9% Unknown, 4.2% Hispanic or Latino, 12.5% Asian, 9.0% White, 68.2% American Indian and Alaska Native, 0.2%
LGBT Percentage7%6%

Differences between merchant and finance service sales agent duties and responsibilities

Merchant example responsibilities.

  • Partner with production on achieving IMU targets and in store deliveries.
  • Manage merchandise deliverable deadlines: photography, copy, and inventory.
  • Manage the OTB to ensure seasonal sales, inventory levels, and margin objectives are met.
  • Lead online visual merchandising decisions base on in-depth understanding of weekly KPI s and high investment products.
  • Set and achieve monthly goals in new accounts and investment referrals; encourage cross-sells of services as per management
  • Manage social media (Facebook) by posting new content, questions, pictures, new arrivals, graphics, etc.
  • Show more

Finance service sales agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Limit underwriting responsibilities, notary.

Merchant vs finance service sales agent skills

Common merchant skills
  • Product Development, 8%
  • Gross Margin, 7%
  • Market Trends, 7%
  • Customer Service, 6%
  • Strong Analytical, 6%
  • Math, 6%
Common finance service sales agent skills
  • Customer Service, 31%
  • Mutual Funds, 15%
  • Health Insurance, 13%
  • Complete Sales, 9%
  • Financial Services, 6%
  • Term Care, 5%