Tech is without doubt one of the fastest-growing industries at this time. In truth, the variety of expertise startups has elevated by 47% within the final decade — creating a necessity for competent salespeople.
If you are interested in tech — and a fair higher curiosity in serving to folks — a profession in tech gross sales could possibly be a wise transfer. Nonetheless, there are some things it is best to know earlier than diving in.
Right here, we’ll cowl the fundamentals of tech gross sales, the professionals and cons of working on this {industry}, and how one can kickstart a profession in tech gross sales in 2023.
Desk of Contents
What’s a tech gross sales rep?
Do you have to work in tech gross sales?
The way to Get Into Tech Gross sales in 2023
What’s tech gross sales?
Tech gross sales is the method of connecting prospects with expertise that solves their issues. This consists of software program, {hardware}, and IT providers.
Admittedly, this definition is broad by design. It’s because the kind of tech you will promote varies relying on the type of firm you’re employed for.
For example, one firm would possibly promote laptop {hardware}, like laptops and displays, whereas one other sells CRM software program. Or, they could promote a mix of tech, similar to computer systems with anti-virus software program.
Tech corporations are inclined to focus on one (or extra) of the next classes:
- Software program. Software program options will be bought as packages or as a service (SaaS) that requires a subscription. Examples embrace CRMs, billing software program, and challenge administration software program.
- {Hardware}. Tech {hardware} is the bodily gadgets or tools that run software program, similar to laptops, telephones, and tech equipment.
- IT providers. This includes promoting safety, consulting, or troubleshooting providers to corporations.
Subsequent, let’s dive deeper into the position of a tech gross sales consultant.
What’s a tech gross sales consultant?
A tech gross sales consultant is knowledgeable who sells tech or scientific options to organizations.
This position requires equal elements tech information and social abilities. In different phrases, understanding the bells and whistles of a services or products is half the battle. You additionally must uncover your prospects’ wants and talk how one can alleviate their ache factors.
As a result of tech gross sales is a multi-step course of, your tasks might additionally embrace:
- Producing and scoring leads
- Conducting discovery calls
- Recommending and demonstrating merchandise
- Writing stories and proposals for distributors or purchasers
- Researching present market tendencies
- Constructing rapport with new and present prospects.
Do you have to work in tech gross sales?
So, is a job in tech gross sales best for you? Let’s discover the professionals and cons of this {industry} under.
Professional: Excessive demand
Gross sales is the lifeblood of each enterprise, placing the demand for sales-related jobs in excessive gear. On high of that, the overall variety of expertise startups has elevated by 47% since 2007, making a rising want for succesful tech gross sales professionals.
Professional: Aggressive salaries
As a result of gross sales jobs within the tech {industry} require specialised information, the pay tends to be extra aggressive than different positions.
On common, tech gross sales professionals make $71,300 per 12 months in the US. This quantity jumps to $129,700 a 12 months for a tech gross sales supervisor. Count on these numbers to develop with expertise and fee.
Professional: Loads of alternatives
With so many roles on a gross sales staff — similar to account executives, enterprise improvement reps, and staff managers — there’s loads of alternative to advance your profession.
Additional, as you achieve extra expertise, you’ll be able to transfer vertically to different sectors within the {industry} that curiosity you, together with FoodTech, CleanTech, and extra.
Cons: Excessive stress
Gross sales is a troublesome grind. Tech corporations, particularly, rely closely on subscription renewals greater than different industries.
As a rule, your efficiency will likely be fully results-based. In different phrases, you are solely nearly as good because the numbers you pull.
For some, the stress to hit quota is a improbable motivator. However for others, it could actually shortly result in stress and even burnout. All this to say, it takes quite a lot of dedication and persistence to reach this position — however should you can push by way of, you will discover many rewarding points of the job.
Cons: Steep studying curve
To state the plain, tech gross sales professionals must know the ins and outs of the expertise they promote. Nonetheless, the {industry} is at all times evolving, together with the merchandise in it. Count on to face a steep studying curve that by no means goes away.
The way to Get Into Tech Gross sales in 2023
- Spotlight your gross sales expertise
- Develop into extra marketable with gross sales (or tech) certifications
- Know the {industry} in and out
- Search for the correct corporations
- Community, community, community
Though the tech {industry} appears intimidating, it has a comparatively low barrier to entry. That means, there isn’t any strict standards it’s important to meet to safe a job. However, on the flip facet, this makes it extra aggressive.
Having expertise promoting tech merchandise is a plus, however should you’re ranging from floor zero, do not fret. Many corporations supply entry-level positions the place you’ll be able to study (or hone) the technical abilities essential to succeed.
Listed here are a couple of methods that can assist you get by way of the door:
1. Spotlight your gross sales expertise.
Tech gross sales is much less concerning the tech and extra concerning the gross sales half.
Begin by scanning your resume for any previous gross sales expertise, even when it wasn’t the first operate of your job. Search for examples of while you constructed optimistic buyer relationships or generated new enterprise. These are two essential actions within the gross sales course of.
Then, rework your resume to spotlight these experiences, and put together to name out a couple of examples within the interview.
2. Develop into extra marketable with gross sales (or tech) certifications.
Gross sales certifications assist to beef up your resume and place your self as a extra certified candidate. Plus, there are certifications for professionals of all expertise ranges, together with entry-level and extra superior packages.
Even you probably have some gross sales expertise, certifications can strengthen key abilities similar to negotiation or prospecting.
3. Know the {industry} in and out.
If you wish to work in tech, it’s important to seem like an {industry} vet. This implies immersing your self within the tech {industry} and the precise sector you need to pursue.
Observe {industry} influencers on LinkedIn, be a part of on-line gross sales communities, and keep up-to-date with any tendencies or shifts within the {industry}. Pay attention to any huge mergers or acquisitions, and browse up on the most recent tech improvements.
Not solely will this offer you a strong grasp of the {industry}, however you will additionally choose up on industry-specific jargon and terminology you should utilize in your subsequent interview.
4. Search for the correct corporations.
When you could be tempted to blindly apply to tech corporations and see who bites, there are more practical approaches.
Very like lead qualifying in gross sales, you should qualify corporations earlier than reaching out. Begin by itemizing the specifics of the job you need — similar to the kind of tech you need to promote, the pay vary, and extra. Use this criterion to pinpoint corporations which might be the most effective match.
By doing so, you unlock extra time to analysis every firm, tailor your resume, and put together for interviews.
5. Community, community, community.
Forging a brand new profession path is daunting, however having the correct contacts could make all of the distinction.
The most effective time to rev up your networking efforts is earlier than you even start making use of for jobs. That method, you have already got contacts to leverage when the time comes.
When you’re on LinkedIn, begin trying to find professionals in positions you are fascinated with. Then, ship a request to attach together with a considerate message. In the event that they settle for, you’ll be able to even ask for a 15-minute Zoom chat to study extra about their work.
Keep in mind, networking is greater than only a one-and-done exercise. Maintain constructing your community, participating together with your connections, and discovering teams to hitch. Sure, networking takes time, however your efforts can open new doorways that had been in any other case outdoors of attain.
Over to You
Apart from working in one of many fastest-growing industries at this time, a profession in tech gross sales affords aggressive pay, loads of alternatives to advance, and the prospect to work with cutting-edge options. We hope this text gives the inspiration you should forge a profession path on this thrilling {industry}.