One of the most common questions from people searching for employment these days is, “Can I get a seven-figure income from sales jobs?” It may seem like a ridiculous question, but the answer isn’t as simple as one might think.
Now, if you are genuinely committed to achieving this kind of income, you can do it. But many do not know where to search for a way to make this kind of money.
High-Paying Sales Jobs
Salary is determined by your level of experience, specialty, as well as location of employment. A six-digit salary is expected from these high-paying sales jobs. Still, with additional perks like commissions, bonuses as well as profit-sharing, a seven-figure income is easy to achieve.
Let’s look at seven of the highest-paying sales jobs available as well as how much you can get working in these positions:
Enterprise Sales/Account Executive
Salary Range: $54,000–$133,000
Avg. Commission: $64,709
Enterprise sales executives work in B2B sales. They sell to as well as manage their company’s largest customers, referred to as enterprise accounts.
Pharmaceutical Sales Representative
Salary Range: $50,000–$118,000
Avg. Commission: $20,268
Pharmaceutical sales representatives visit physicians to establish rapport and educate them about the drug and pharmaceutical company they represent, with the goal of increasing prescriptions.
Sales Engineer
Salary Range: $50,000–$112,000
Avg. Commission: $19,490
Sales engineers perform a unique function that combines elements of sales, engineering, science, as well as technology. They work for companies that sell sophisticated technology associated with equipment or mechanical systems.
Software Sales Representative
Salary Range: $36,000–$93,000
Commission Range: $23,945
Software sales representatives work for technology companies and are tasked with marketing the company’s software to other businesses, professionals, as well as consumers. It is a hybrid of jhs.
Realtor
Salary Range: $24,000–$150,000
Commission Range: $40,963
A realtor is an individual who is involved in real estate sales. Realtors can represent buyers, sellers, or both—and when they assist someone in buying or selling a property, they earn a commission based on the sale price.
Medical Device Sales Representative
Salary Range: $41,000–$98,000
Commission Range: $31,123
Medical device sales representatives market medical devices to physicians, surgeons, and other healthcare providers. They conduct product demonstrations while standing in the operating room during procedures to ensure doctors are correctly using their devices.
Major Gifts Officer
Salary Range: $50,000–$95,000
Commission Range: n/a
Major gift officers work with nonprofits to increase charitable giving by focusing on individual gifts rather than grants from foundations as well as other institutions.
How to Earn 7-Digit Income in Sales
In the United States, the sales industry employs over 15 million people. While the overall median salary is $41,790, many sales jobs pay significantly more, according to the Bureau of Labour Statistics.
Salary estimates from Glassdoor include flat base compensation and typical commission rates for each role — an essential distinction of 67%-32% accounting for total compensation as well as commissions, respectively.
There are a few individuals who can easily earn a seven-figure salary. In contrast, others are struggling. Earning a seven-figure salary has remained a mystery up to this point.
According to an individual who has realized that mystery, there are two principles to follow to earn a seven-figure salary.
- The first principle is to get to a point where your employer compensates you for your abilities.
- The second principle is that seven-figure earners transfer their wealth to another individual.
Final Thoughts
The key to getting sales jobs where you can make seven figures is to sell yourself. If you are not willing to sell yourself, no company will give you a chance.
Without a doubt, earning a seven-figure income would be a monumental achievement. Many people aspire to achieve this level of success, but only a small percentage will succeed. However, if you set ambitious goals, take the approach, and maintain the patience as well as persistence, who knows what might happen.
Comments are closed.