Related Posts
Anyone knows MBB manager salaries in Toronto?
BNY Mellon technology specific questions -
#0 How much max salary for grade K ?
#1 How long does it take to promote in bny from grade K to L ?
#2 Any specific criteria for promotion? Expr , certification etc...?
#3 How much % hike to expect post promotion ?
Skills- Java, microservices,react, cloud
HSBC India JPMorgan Chase BNY Mellon | Pershing Citi BNY Mellon UBS Citi Allstate BNY Mellon | Pershing BNY Mellon Corporation HSBC India Citi
Rising Star
More Posts
We are so close. Final stretch. Let’s go 🔥
Any thoughts on Back Bay Life Science Advisors?
Enthusiast
Cover letter = Beg for this job.
I’m not doing it
Rising Star
Additional Posts in Jobs in Sales
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Try luxury retail. Might be hard to get into but a great place to earn money IF you truly are a good sales professional.
Like what would be your example of luxury sales?
Same here. The area we're in is the furniture meca, so lots of competition and the high-end company I work for does NO advertising other than digital campaigns. All of the designer/sales consultants have been having a rough few months. I tried the insurance path, even got my license. No thanks.
Look at the manufacturing space… but to be honest if requires no travel that’s not a bad spot to be. Traveling for work can suck the life out of anyone that has a spouse or kids.
Insurance sales or software sales
Insurance sales or software sales
True, even if one does not have a 4 year college degree but is willing & able to be trained on product knowledge, geographic territory market conditions, and (for insurance sales) passing state licensing exams & background checks (ex. Having felonies, being convicted of fraud or embezzlement, etc. tend to be automatic disqualifiers from licensed financial products sales like those in insurance & securities), the commissions & bonuses one can gain from insurance sales & software sales can be way more substantial compared to selling consumer products.
Just do your homework, though, on the companies advertising for insurance salespeople and software salespeople (i.e. try typing in company name on Glassdoor & Reddit to see what employees & clients say about their actual compensation structure, team culture, and if/when possible, how they have been performing in your geographic territory).
Software sales tend to offer at least a modest base salary plus commissions plus career paths upward from Business Development Rep to Account Executive, while insurance sales generally are commission-based, w/ some companies offering paid training & reimbursement for passing state licensing exams.
Well-run insurance companies tend to combine a steady stream of leads generated from their own advertising & special event marketing campaigns w/ helping insurance agents w/ the agents' own lead generation (whether it's knocking on doors, talking to community or trade groups in trade shows or networking events, etc).
Also, your territory conditions and the strength of the company's marketing, customer service/success, and R&D teams matter, since you don't want to burn yourself out selling into saturated markets or offering products & services that are not really a timely fit for the territory you are in, otherwise you won't make your assigned quotas (then the next thing you know, you're laid off as a software sales BDR or AE or the insurance company politely tells you thar you are no longer needed by them) or at least earn enough to live on.
Keep in mind too that sales cycles for high commissions-yielding insurance or software sales may get long (ex. Some territories may only need 30 days or less, while others may take 1 full quarter or more), so hopefully you are wise about your savings & credit to survive in them until big commissions finally roll in.
Hope these insights prove helpful as you figure out where your sales skills can yield you the most rewards steadily across time, OP!
I've thought of software sales or IT ir something along that route... NO kids or spouse and truly I'd love to travel. Ideally I'd love to work remote from anywhere however those are dreams until then I am refilling to relocate and looking for 100k+ sales jobs
Fyi there are different kinds of software industry sales.
There are job postings for salespeople for Managed Service Providers/MSPs that try to win contracts to develop, test, and maintain customized software systems or software products like games & apps, and not all MSPs are alike in quality, capital available to fund your base pay, etc.
Selling for actual software brands can be rewarding but I've noticed that the ones who tend to get hired & thrive in such software brand roles are either highly technical themselves (can credibly speak & troubleshoot software tech lingo, familiar w/ different software coding languages, etc.) and/or have MBAs when selling to large enterprises accustomed to having MBA-level types as their main contact point for complex contracts, or truly have excellent training & staff development programs they can still afford despite thr banks now not being as generous in start-up or expansion funding like before.
Selling software to the government can be rewarding but you need to be with companies that are approved government vendors and will train you in looking for and answering RFPs/RFQs/RFIs etc.
Frankly speaking, some people have left software sales altogether when they and/or their employers realized that their company is about to be merged/acquired into larger conglomerates that will lay off redundant staff (like sales teams), or their software MSP or software product company isn't earning enough in its industry niche or geographic territory to justify training & supporting the activities of base pay + commissions sales staff.
If/when you find a software sales role in a company that successfully optimizes the 3 T's (Talent, Training, and Territory) to sustain a viable software sales role in a geographic area or industry niche, that can be more rewarding and stable compared to so many software MSPs and companies that tend to burn through capital and staff, since they're just coming across as being a dime a dozen and maybe even needlessly expensive to clients, compared to just outsourcing to lower cost foreign countries the functions of software development and automated/AI-assisted sales.