what is a sales manager?

As a sales manager, you direct and manage a company’s sales teams. Sales representatives, field sales teams, and sales associates report to you. Your role involves hiring and training sales teams on the company’s sales processes. You also set sales quotas and targets for individuals and teams, providing them with the necessary resources to achieve their goals. Your main objective is to generate revenue for the business and develop strategies to increase sales. You may also implement incentive programs such as cash bonuses, gift cards, and prizes to motivate your team.

Your responsibilities as a sales manager typically focus on people management. This includes recruiting, training, and overseeing a team of sales representatives. You are also responsible for fostering customer relationships and ensuring client satisfaction. Additionally, you make strategic decisions that affect the company’s revenue streams.

Sales managers work in various industries that sell products or services to customers or clients. For example, you may work in manufacturing industries to oversee the sale of finished products to customers. The role requires exceptional leadership skills, as you will be responsible for motivating employees to meet and exceed sales goals. Strong collaboration skills are also important to work effectively with various sales professionals.

Would working as a sales manager suit your leadership and collaboration skills? Read on to find out what competencies and qualifications you need to succeed in this role.

sales manager roles
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average sales manager salary

According to the U.S. Bureau of Labor Statistics (BLS), sales managers earn an average salary of approximately $127,490 per year. Entry-level sales managers typically start with a lower salary due to minimal experience and qualifications, earning around $63,000 per year. Experienced sales managers, particularly those in high-revenue industries, can earn over $208,000 per year.

how to increase your earnings as a sales manager

Your salary as a sales manager depends on factors such as performance, skills, experience, and industry. When starting, your earnings may be lower due to limited experience, but as your expertise and performance improve, so does your salary. Obtaining additional qualifications or certifications can also give you leverage to negotiate a higher salary.

Industry and company size play a role in determining salary. Sales managers in industries that sell high-value products, such as automotive, finance, or technology, tend to earn more than those in industries selling lower-cost consumer goods. Larger companies also tend to offer higher salaries due to greater resources and larger sales teams.

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types of sales managers

Sales managers can specialize in different areas based on their responsibilities and target customers:

  • Business-to-Business (B2B) Sales Managers: Oversee sales to other businesses, often working for manufacturers or wholesalers. For example, a B2B sales manager might oversee the sale of office supplies to corporations.
  • Business-to-Consumer (B2C) Sales Managers: Oversee direct sales to individual consumers, typically in retail environments such as department stores or automotive dealerships.
  • Product-Line Sales Managers: Focus on managing the sales of a specific product line within a company that offers multiple product categories. These managers develop sales strategies for a particular product range.
Man and woman talking and having a laugh while walking outside between office buildings.
Man and woman talking and having a laugh while walking outside between office buildings.
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working as a sales manager

Working as a sales manager is an exciting career with numerous growth opportunities. Here are some common sales manager tasks.

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sales manager skills and education

  • Bachelor’s Degree: Most sales manager positions require a bachelor's degree in sales, business administration, marketing, or a related field.
  • Work Experience: Gaining experience through internships or entry-level sales roles is crucial for career progression.

Key Competencies for Sales Managers

  • Analytical Skills: Assess market trends and sales performance data to make strategic decisions.
  • Communication Skills: Effectively interact with sales teams, executives, and customers.
  • Coaching Skills: Train and mentor sales staff to improve team performance.
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FAQs

Here, you will find the answers to the most frequently asked questions about the profession of a sales manager.

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