Sales representative/assistant vs bank representative

The differences between sales representative/assistants and bank representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a sales representative/assistant has an average salary of $38,112, which is higher than the $34,417 average annual salary of a bank representative.

The top three skills for a sales representative/assistant include product knowledge, brand awareness and sales associates. The most important skills for a bank representative are bank products, customer service, and bank policies.

Sales representative/assistant vs bank representative overview

	Sales Representative/Assistant	Bank Representative
Yearly salary	$38,112	$34,417
Hourly rate	$18.32	$16.55
Growth rate	4%	-12%
Number of jobs	404,514	105,192
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 53%
Average age	47	39
Years of experience	4	-

What does a sales representative/assistant do?

A sales representative is responsible for selling the company's products through creative leads, existing customer support, educating prospective clients through calls, training, presentations, and creative advertising. Their duties and responsibilities include coordinating with other departments to optimize sales and keeping updated sales records.

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.

Sales representative/assistant vs bank representative salary

Sales representative/assistants and bank representatives have different pay scales, as shown below.

	Sales Representative/Assistant	Bank Representative
Average salary	$38,112	$34,417
Salary range	Between $30,000 And $47,000	Between $28,000 And $41,000
Highest paying City	-	Albany, NY
Highest paying state	-	New York
Best paying company	-	Advancial Federal Credit Union
Best paying industry	-	Finance

Differences between sales representative/assistant and bank representative education

There are a few differences between a sales representative/assistant and a bank representative in terms of educational background:

	Sales Representative/Assistant	Bank Representative
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	SUNY College of Technology at Alfred	-

Sales representative/assistant vs bank representative demographics

Here are the differences between sales representative/assistants' and bank representatives' demographics:

	Sales Representative/Assistant	Bank Representative
Average age	47	39
Gender ratio	Male, 35.5% Female, 64.5%	Male, 34.1% Female, 65.9%
Race ratio	Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.4% Asian, 5.2% White, 72.6% 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	6%	7%

Differences between sales representative/assistant and bank representative duties and responsibilities

Sales representative/assistant example responsibilities.

Manage organization website and Facebook page; writing articles for websites and newsletters.
Execute weekly on premise promotions and off-site special events that generate brand awareness, increase distribution and additional sales.
Create and maintain purchase and sales orders for clients through use of POS systems.
Operate a well-establish POS system which include POS reporting tools to better assist the sales team.
Communicate ongoing contact activity utilizing Salesforce.com.

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.

Sales representative/assistant vs bank representative skills

Common sales representative/assistant skills

Product Knowledge, 24%
Brand Awareness, 20%
Sales Associates, 19%
Store Associates, 2%
Sales Reports, 2%
Increase Sales, 2%

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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Sales Representative/Assistant
Sales Representative/Assistant vs Bank Representative

Updated January 8, 2025

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