Tech sales is the process of selling technology products or services to businesses and consumers. This can include anything from software and hardware to cloud-based services and mobile apps. In order to be successful in tech sales, you need to have a strong understanding of the products you’re selling and be able to effectively communicate their value to potential customers.
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What is Tech Sales?
Tech sales is the process of selling technical products or services to customers. This can include anything from software and hardware to electrical and mechanical components. The term “tech sales” covers a wide range of products and services, but it typically refers to the sale of complex or technical products.
Tech sales professionals are responsible for identifying potential customers, understanding their needs and requirements, and then pitching them the appropriate product or service. They must be able to effectively communicate with both technical and non-technical staff, as well as provide support during the implementation process.
The role of a tech sales professional has evolved significantly in recent years, due to the increasing complexity of technology products and the rise of new sales channels such as online marketplaces. Tech sales pros must now be well-versed in digital marketing and understand how to sell through various online channels. They also need to be able to troubleshoot technical issues and provide support to customers after the sale.
If you’re interested in a career in tech sales, you will need to have strong communication skills and an understanding of technology products and services. There are many different types of tech companies, so it’s important to find one that matches your skills and interests. You can start your search by searching for “tech sales jobs” on job websites such as Indeed or Monster.
The Three Types of Tech Sales
In contrast to outbound sales, inbound sales is a methodology in which you use content and other forms of marketing to attract strangers and turn them into leads, and then, customers.
The biggest difference between inbound and outbound sales is that with inbound sales, you’re not interrupting anyone. Rather, you’re creating content that pulls people toward your product or service. And once they’re interested, you’re nurturing them through the buying process with more targeted content until they’re ready to purchase.
Because inbound selling relies on attracting strangers and turning them into leads and customers, it’s a lengthy process that requires patience. But because you’re not interrupting anyone, it tends to be more effective and efficient in the long run.
Outbound sales is the process of actively pursuing potential clients through channels like cold-calling, emails, or online ads. It’s a great way to reach new customers, but it can be a little more expensive and time-consuming than inbound sales.
Inbound sales is the process of attracting potential customers to your product or service through channels like SEO, content marketing, or social media. It’s a great way to build relationships with potential customers and grow your business.
Digital sales is the process of selling products or services online. It’s a great way to reach new customers and grow your business.
Channel sales is a type of indirect selling that involves working with partners or resellers to sell a company’s products or services. Channel sales is common in the technology industry, where there are often many different types of channel partners, including system integrators, value-added resellers, original equipment manufacturers, and managed service providers.
In channel sales, the channel partner is typically responsible for most of the aspects of the sale, from identifying potential customers and leads to providing product demonstrations and technical support. The channel partner may also be responsible for post-sales activities such as customer service and support.
The benefits of channel sales include increased reach and distribution, as well as access to a partner’s existing customer base. Channel sales can also help to increase a company’s market share and brand awareness. The downside of channel sales is that it can be difficult to control the quality of the product or service being sold, and there may be conflict between the interests of the company and the interests of the channel partner.
The Benefits of Tech Sales
In tech sales, you are the bridge between the technical team and the customer. You need to have a good understanding of the product, as well as be able to explain it in layman’s terms to the customer. You will also need to be able to negotiate and close deals. Being in tech sales can be very rewarding, both financially and in terms of career growth. Let’s take a look at some of the benefits of tech sales.
Job security is one of the biggest benefits of working in tech sales. The industry is always growing, and there is always a demand for qualified tech sales professionals. With the right skills and experience, you can easily find a job in tech sales.
The other benefits of working in tech sales include a good salary, flexible work hours, and the opportunity to work from home. Tech sales is a great career choice for people who are looking for a challenging and rewarding career.
High Earning Potential
In terms of tech sales jobs, the earning potential is high. Sales representatives in the tech industry earn a median salary of $85,000 per year, according to data from Glassdoor. Commission and bonuses can increase that figure significantly, especially for those working in enterprise sales. For example, an enterprise software sales representative could earn a base salary of $120,000 per year plus a 20% commission rate on all deals closed. That means if they close $1 million worth of deals in a year, their total compensation would be $144,000.
Flexible Work Schedule
A typical day in tech sales may start with meetings, both internal and external, to brief the sales team on updates to products or changes in processes. From there, salespeople may spend time on the phone through most of the day or head out to visit clients. The work schedule is generally flexible, although some companies may require salespeople to be in the office during certain hours of the day. This allows for a good work-life balance and the ability to take care of personal errands during the day as needed.
The Drawbacks of Tech Sales
Like any job, there are certain drawbacks of tech sales that you should be aware of before getting into this field. The job can be stressful, and you may have to deal with angry or upset customers on a daily basis. You also need to be able to work long hours, as the job often requires you to be available during evenings and weekends. However, if you are able to handle these drawbacks, tech sales can be a very rewarding career.
One of the biggest drawbacks of tech sales is the long hours. Tech salespeople are often expected to put in long days and work late into the night. This can be a problem if you have a family or other commitments outside of work.
Another downside of tech sales is the high stress level. Sales can be a very competitive environment, and there is always the pressure to close deals and hit targets. This can be tough to handle, especially if you’re not used to working in a high-pressure environment.
Finally, tech sales can be a bit of a grind. There is a lot of cold calling and rejection involved, and it can be tough to stay motivated when you’re constantly getting doors slammed in your face. If you’re not prepared for this, it can be easy to burn out quickly.
The tech sales industry is notorious for being high pressure. If you’re not comfortable with the idea of selling products and services to people who may not be interested, then tech sales may not be the right fit for you.
The other downside of tech sales is the hours. Because it’s such a competitive industry, many tech salespeople are expected to work long hours, including evenings and weekends. If you’re not prepared to put in the extra time, you may want to consider a different career.
No matter how great your product is, you will always have difficult customers. In tech sales, difficult customers come in all shapes and sizes. Some might be unhappy with the product, while others might be angry about the price. Whatever the reason, you need to be prepared to deal with difficult customers.
The best way to deal with a difficult customer is to stay calm and try to understand their concerns. Once you know what the problem is, you can try to find a solution that will satisfy both parties. If you can’t find a solution, you might need to offer a refund or an exchange.
Remember, the customer is always right, even if they’re being unreasonable. It’s your job to find a way to solve their problem.