Software Sales Salaries The annual average salary for software sales professionals is more than $54,000, according to PayScale. As with most sales jobs, the salary range can vary greatly depending on factors like bonuses, profit sharing, and especially commission.
At some of the biggest technology companies, earnings for top-tier enterprise software salespeople can reach $250,000 a year and, in some cases, significantly more, according to a survey by Business Insider, making a software sales career path a lucrative option.
Why do software sales reps make so much?
The secret behind these incomes is margin. The massive margins attained by direct-sales software companies encourages aggressive compensation models. The math is simple. A sales rep who attains 300% of their $2m quota will deliver at least $3m in extra profit for their firm.Mar 8, 2017
What do software sales do?
What is software sales? The most elite sales professionals are best thought of as advocates: Their role is to advocate on behalf of the company whose product or service they are offering—but also on behalf of their potential client or customer in order to find the best solution.
What skills do you need for software sales?
Essential skills needed to qualify for the position include working flexible hours, knowledge about the software that you're selling, great communication skills, rapport building on the call, and strategic prospecting skills, among others.
How much do software sales reps make?
The national average salary for a Software Sales Representative is $91,915 in United States. Filter by location to see Software Sales Representative salaries in your area. Salary estimates are based on 23 salaries submitted anonymously to Glassdoor by Software Sales Representative employees.
What sales jobs pay the most?
- Enterprise Sales/Account Executive. Average salary: $75,000. ...
- Pharmaceutical Sales Representative. Average salary: $81,798. ...
- Realtor. Average salary: $54,451. ...
- Medical Device Sales Representative. ...
- Sales Engineer. ...
- Software Sales Representative. ...
- Major Gifts Officer.
Getting a college degree is a good idea if you want to work in software sales. About 52% of software sales representatives have a bachelor's degree, making it beneficial even if the position does not strictly require a degree. Along with a degree, you will likely need sales experience.Sep 29, 2021