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Making dollars and sense
                                                       of a career in sales:


                                                                W h a t ’s i t
                                                                                $
                                                                               l i ke t o b e
                                                                                              a
                                                                     salesperson?


                                                                                                                                        You might just rock
            Problem-solver,                                                                                                              a career in sales.
             good listener,                                                                   ...sound
            people person...                                                                  like you?



                                                                           What does a
                                                                         s a l e s p e rs o n d o ?


                                                  Network in person
                                                  and over the phone;                                                               Excel in customer
                                                  develop existing                                                                  service
                                                  relationships




                                                                                                                                   Report on progress to
                                                  Monitor
                                                                                                                                   team members and
                                                  industry trends
                                                                                                                                   managers




                                                                 Pros                                                                 Cons


                                  + Lots of growth and                                                                  - Lots of rejection
                                  learning opportunities                                                                - Tons of pressure
                                  + Flexible schedule                                                                   - Flexible work schedule
                                  + The sense that you’re                                                               means you’re always
                                  problem-solving and                                                                   working
                                  helping people




                                                                        Types of salespeople


                                   Inside sales:
                                   Inside salespeople usually work in an office, communicate with clients
                                   on the phone, and maintain a regular work schedule




                                   Outside sales:
                                   Outside salespeople tend to go out and meet clients in person,
                                   manage their own appointments, and have flexible schedules




                                   Sales representatives:
                                   Are usually in charge or getting new business (sometimes called “hunting”),
                                   and generally have targets for generating income




                                   Account managers :
                                   Are responsible for retaining current clients (sometimes called “farming”),
                                   but can also have targets for bringing in new clients




                                                                   How much can you make?


                                    $53,300                                                                                                                      $55,7 00
                                                                                                  $50,800
                                                          $                                                                                                                           $
                                                                                                                        $
              $37,500                                                         $38,600
                                                                                                                                          $36,500
                              $                                                               $
                                     Wage after 5 years




                                                                                                   Wage after 5 years




                                                                                                                                                                 Wage after 5 years




                                                                                                                                                           $
              Starting wage




                                                                              Starting wage




                                                                                                                                           Starting wage




        Account Executive                                                  Outside Sales Rep                                          Inside Sales Manager




                                                                    S o u n d g o o d s o fa r ?
                                                                            ow to get started
                                                                  H ere’s h                   :


       Step 1:
                                    Start with a summer internship to test the waters




            Become a sales intern at one of                                                                             Nab a coveted spot at one of these
            the companies with the largest                                                                              top-rated internship programs:
            internship programs in the country:
                                                                                                                             •   Google
               •        Enterprise                                                                                           •   MTV Networks
               •        IBM                                                                                                  •   GE
               •        Liberty Mutual                                                            or                         •   Johnson & Johnson
               •        Penske                                                                                               •   Cisco Systems




You can also find lots of opportunities by searching for “sales intern” on AfterCollege.com
                                                                h t t p: / /a c d c. m x/s a l e s i n t e r n



       Step 2:
                                    Stay in school!
             All types of degrees can translate into sales, and technical knowledge
             can be a huge advantage, so don’t shy away from math or computing
             courses.


                                                                Some of the most common majors
                                                                 applying for jobs in sales include:


                         Marketing                                                                                               Biological Sciences
                         Business Administration                                                                                 Business Management
                         Economics                                                                                               Political Science
                         Communication                                                                                           Psychology
                         English                                                                                                 Accounting




       Step 3:
                                     Don’t forget to participate in extracurricular activities
             They show you’ve got a keen sense of competition and good
             communication skills.




                        Sports                                                                                                   Leadership roles
                        Volunteering                                                                                             Intramurals
                        Networking groups                                                                                        Greek life
                        Volunteer work                                                                                           Clubs
                        Professional organizations                                                                               Student government
                        Community involvement with church                                                                        Sales internships




       Step 4:
                                     Identify the industries and companies you like.
             Many large companies conduct campus visits where you can meet
             recruiters and learn more about what they’re looking for.




                                                                            Industry Ideas

                                   When you think about it, salespeople make the world go ‘round.
                                  Here is just a small selection of industries that employ salespeople.

                                    Banking and Finance
                                         Typical Entry Level Job Title:
                                                                     Personal Banker, Mortgage Consultant, Financial Advisor

                                                              Big Names in the Industry:
                                                                     J.P. Morgan Chase, Citigroup, Goldman Sachs



                                    Medical Devices
                                         Typical Entry Level Job Title:
                                                                     Associate Sales Consultant, Sales Representative

                                                              Big Names in the Industry:
                                                                     Medtronic, Johnson & Johnson, Abbott Laboratories



                                    Management Consulting
                                        Typical Entry Level Job Title:
                                                                     Associate Marketing Specialist, Account Manager

                                                              Big Names in the Industry:
                                                                     Bain & Co, McKinsey & Co, Pricewaterhouse Coopers



                                    Tech
                                                              Typical Entry Level Job Title:
                                                              Inside Sales Representative, Associate Sales Account Manager

                                                              Big Names in the Industry:
                                                              Intel, Google, Microsoft




                                                                                or
                                                                     C areer Opp tunities



                                   You don't need a crystal ball to see into the future.
                                   Start with an entry-level sales position and watch
                                        these opportunities open up before you




                                                                                                                                          Regional manager or
    Sales manager or                                                                                                                          Director of Sales
    Territory Development manager
    (responsible for a team and their
    numbers as well as your own)




                                                                                              Account or Business Development manager
                                                                                                             (in charge of maintaining and
                                                                                                                    growing relationships)




                                                                              t h e m o n ey
                                                                     S how me                !


                                                                         These areas boast the
                                                                        highest-paying sales jobs:



                                                                                                                Farmington Hills, M I
                                                                                                                       Detroit, MI


                                                                                                                                                               Jersey City, NJ
                                                                                                                                                               Princeton, NJ

       Palo Alto, CA                                                                                                              Reston, VA
       Sunnyvale, CA
       San Jose, CA
                                                                                                                                                  West Palm Beach, FL




            Learn more about careers in sales at                                                                            b l og . af t e rc ol l e g e.c om


 Sources:

     http://www.forbes.com/sites/susanadams/2012/05/16/american-companies-with-the-most-internships-now/
     http://www.glassdoor.com/blog/top-20-companies-hiring-interns/
     http://career-advice.monster.com/job-search/career-assessment/inside-sales-or-outside-sales/article.aspx
     http://s.wsj.net/public/resources/documents/st_PTPsalestable0912_20100913.html
     Source Bureau of Labor Statistics, Occupational Employment Statistics, 2011:
     http://www.bls.gov/oes/current/oes_stru.htm
     Payscale.com
     http://online.wsj.com/article/SB10001424052748704206804575467963984089520.html
     Account manager salaries:
     http://www.glassdoor.com/Salaries/account-manager-salary-SRCH_KO0,1 5.htm
     Business development manager salaries:
     http://www.glassdoor.com/Salaries/business-development-manager-salary-SRCH_KO0,28.htm




                                                                            Copyright AfterCollege 2013

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Making Dollars & Sense of a Career in Sales Infographic

  • 1. Making dollars and sense of a career in sales: W h a t ’s i t $ l i ke t o b e a salesperson? You might just rock Problem-solver, a career in sales. good listener, ...sound people person... like you? What does a s a l e s p e rs o n d o ? Network in person and over the phone; Excel in customer develop existing service relationships Report on progress to Monitor team members and industry trends managers Pros Cons + Lots of growth and - Lots of rejection learning opportunities - Tons of pressure + Flexible schedule - Flexible work schedule + The sense that you’re means you’re always problem-solving and working helping people Types of salespeople Inside sales: Inside salespeople usually work in an office, communicate with clients on the phone, and maintain a regular work schedule Outside sales: Outside salespeople tend to go out and meet clients in person, manage their own appointments, and have flexible schedules Sales representatives: Are usually in charge or getting new business (sometimes called “hunting”), and generally have targets for generating income Account managers : Are responsible for retaining current clients (sometimes called “farming”), but can also have targets for bringing in new clients How much can you make? $53,300 $55,7 00 $50,800 $ $ $ $37,500 $38,600 $36,500 $ $ Wage after 5 years Wage after 5 years Wage after 5 years $ Starting wage Starting wage Starting wage Account Executive Outside Sales Rep Inside Sales Manager S o u n d g o o d s o fa r ? ow to get started H ere’s h : Step 1: Start with a summer internship to test the waters Become a sales intern at one of Nab a coveted spot at one of these the companies with the largest top-rated internship programs: internship programs in the country: • Google • Enterprise • MTV Networks • IBM • GE • Liberty Mutual or • Johnson & Johnson • Penske • Cisco Systems You can also find lots of opportunities by searching for “sales intern” on AfterCollege.com h t t p: / /a c d c. m x/s a l e s i n t e r n Step 2: Stay in school! All types of degrees can translate into sales, and technical knowledge can be a huge advantage, so don’t shy away from math or computing courses. Some of the most common majors applying for jobs in sales include: Marketing Biological Sciences Business Administration Business Management Economics Political Science Communication Psychology English Accounting Step 3: Don’t forget to participate in extracurricular activities They show you’ve got a keen sense of competition and good communication skills. Sports Leadership roles Volunteering Intramurals Networking groups Greek life Volunteer work Clubs Professional organizations Student government Community involvement with church Sales internships Step 4: Identify the industries and companies you like. Many large companies conduct campus visits where you can meet recruiters and learn more about what they’re looking for. Industry Ideas When you think about it, salespeople make the world go ‘round. Here is just a small selection of industries that employ salespeople. Banking and Finance Typical Entry Level Job Title: Personal Banker, Mortgage Consultant, Financial Advisor Big Names in the Industry: J.P. Morgan Chase, Citigroup, Goldman Sachs Medical Devices Typical Entry Level Job Title: Associate Sales Consultant, Sales Representative Big Names in the Industry: Medtronic, Johnson & Johnson, Abbott Laboratories Management Consulting Typical Entry Level Job Title: Associate Marketing Specialist, Account Manager Big Names in the Industry: Bain & Co, McKinsey & Co, Pricewaterhouse Coopers Tech Typical Entry Level Job Title: Inside Sales Representative, Associate Sales Account Manager Big Names in the Industry: Intel, Google, Microsoft or C areer Opp tunities You don't need a crystal ball to see into the future. Start with an entry-level sales position and watch these opportunities open up before you Regional manager or Sales manager or Director of Sales Territory Development manager (responsible for a team and their numbers as well as your own) Account or Business Development manager (in charge of maintaining and growing relationships) t h e m o n ey S how me ! These areas boast the highest-paying sales jobs: Farmington Hills, M I Detroit, MI Jersey City, NJ Princeton, NJ Palo Alto, CA Reston, VA Sunnyvale, CA San Jose, CA West Palm Beach, FL Learn more about careers in sales at b l og . af t e rc ol l e g e.c om Sources: http://www.forbes.com/sites/susanadams/2012/05/16/american-companies-with-the-most-internships-now/ http://www.glassdoor.com/blog/top-20-companies-hiring-interns/ http://career-advice.monster.com/job-search/career-assessment/inside-sales-or-outside-sales/article.aspx http://s.wsj.net/public/resources/documents/st_PTPsalestable0912_20100913.html Source Bureau of Labor Statistics, Occupational Employment Statistics, 2011: http://www.bls.gov/oes/current/oes_stru.htm Payscale.com http://online.wsj.com/article/SB10001424052748704206804575467963984089520.html Account manager salaries: http://www.glassdoor.com/Salaries/account-manager-salary-SRCH_KO0,1 5.htm Business development manager salaries: http://www.glassdoor.com/Salaries/business-development-manager-salary-SRCH_KO0,28.htm Copyright AfterCollege 2013