Non-Retail Sales Coordinator Salary
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Non-Retail Sales Coordinator U.S. Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $48,640 | $23.38 |
25th | $63,510 | $30.54 |
Median | $84,570 | $40.66 |
75th | $119,530 | $57.47 |
90th | $164,420 | $79.05 |
Non-Retail Sales Coordinator Salary Overview (2024)
As a Non-Retail Sales Coordinator, you play a vital role in managing and supporting the sales process outside of a retail environment. Your responsibilities may involve organizing sales strategies, assisting the sales team with various tasks, and ensuring that customer relationships are nurtured effectively. This position is crucial for businesses that rely on B2B sales or other sales channels that do not involve direct retail interaction.
When considering a career as a Non-Retail Sales Coordinator, salary is an essential factor. Understanding potential earnings can help you make informed decisions about entering or advancing in this field. It can also influence your expectations during job negotiations and career progression discussions.
Career.Guide provides the latest Non-Retail Sales Coordinator salary information sourced from Bureau of Labor Statistics (BLS) data. This information helps you better understand the financial landscape of this career, enabling you to compare salaries based on factors such as location, experience, and industry.
Best Schools to become a Non-Retail Sales Coordinator in U.S. 2024
University of Phoenix-Arizona
Southern New Hampshire University
Western Governors University
Colorado Technical University-Colorado Springs
Grand Canyon University
Liberty University
How Experience Affects Non-Retail Sales Coordinator Salary (2024)
As a Non-Retail Sales Coordinator, your salary will vary significantly based on your level of experience. Understanding this progression can help you set realistic expectations and plan your career path effectively.
Entry-Level
- Position Overview: At the entry-level, you are likely to be gaining foundational knowledge in sales coordination. This involves supporting sales teams, managing schedules, and handling basic client communication.
- Salary Impact: Individuals in this stage typically earn a lower salary, primarily due to their limited experience and skillset. However, this phase provides invaluable on-the-job training and exposure to various sales strategies.
Mid-Level
- Position Overview: After gaining a few years of experience, your role will start to evolve. You may take on more responsibilities such as managing projects, analyzing sales data, and developing sales strategies.
- Salary Impact: At this level, you can expect a noticeable increase in salary. Your expanded skill set and deeper understanding of sales processes are valued by employers, leading to better compensation.
Senior-Level
- Position Overview: As a senior Non-Retail Sales Coordinator, you are expected to lead projects, mentor junior staff, and make strategic decisions that impact overall sales performance.
- Salary Impact: Senior professionals command the highest salaries due to their extensive experience, leadership capabilities, and significant contributions to the organization. Your expertise and track record of success will be key factors driving your compensation.
Each step in your career progression not only increases your responsibilities but also enhances your market value, leading to greater salary opportunities as you gain experience and refine your skills.
Non-Retail Sales Coordinator Salary By Industry (2024)
As a Non-Retail Sales Coordinator, you will find that your salary can vary significantly depending on the industry you choose to work in. Here are some key sectors where Non-Retail Sales Coordinators are in demand and how salaries can differ:
Technology: Within the tech sector, Non-Retail Sales Coordinators often earn higher salaries due to the specialized knowledge and skills required. This industry values professionals who can navigate complex sales processes, manage client relationships, and understand product specifications.
Pharmaceuticals and Healthcare: In the pharmaceutical industry, sales roles typically command competitive salaries. Non-Retail Sales Coordinators here manage intricate sales cycles and regulatory compliance, which can result in increased compensation due to the high stakes involved in sales strategies and client interactions.
Manufacturing: Salaries in manufacturing tend to vary based on the company's size and product complexity. Non-Retail Sales Coordinators may earn moderate salaries, with opportunities for bonuses based on sales performance and meeting production quotas.
Finance and Insurance: This sector often offers some of the highest salaries for Non-Retail Sales Coordinators. The financial industry requires a keen understanding of financial products and regulations, justifying higher compensation to attract skilled professionals.
Telecommunications: Working in telecommunications can result in competitive salaries for Non-Retail Sales Coordinators, particularly due to the fast-paced nature of the industry and the ongoing demand for innovative sales strategies to attract customers.
Real Estate and Property Management: In this field, salaries can vary widely based on location and market conditions. Non-Retail Sales Coordinators may earn a commission on sales, which can enhance overall compensation.
Energy Sector: This industry can offer varied salaries based on the type of energy (renewable vs. non-renewable) and the demand for energy solutions. Non-Retail Sales Coordinators who specialize in sustainable energy products might find themselves in higher salary brackets.
Consumer Services: While typically lower than in more technical fields, salaries for Non-Retail Sales Coordinators in consumer services can vary based on the type of service offered and the company's market position. Bonuses based on performance may supplement base pay.
By selecting an industry that aligns with your strengths and interests, you can significantly impact your earning potential as a Non-Retail Sales Coordinator.
Factors That Affect Non-Retail Sales Coordinator Salary (2024)
Several key elements influence the salary of a Non-Retail Sales Coordinator. Understanding these factors can help you navigate your career path more effectively.
Education: Your level of education can play a significant role in determining your salary. Generally, a higher degree (such as a bachelor's or master's) in fields like business, marketing, or communication can enhance your value as a candidate and lead to higher compensation.
Certifications: Obtaining relevant certifications can set you apart from other professionals in the field. Certifications in sales management, marketing strategies, or project management can demonstrate your expertise and commitment, which can positively impact your salary.
Specialized Skills: Proficiency in specific skills can greatly affect your earning potential. Skills such as data analysis, customer relationship management (CRM) software proficiency, negotiation, and communication are often sought after and can lead to higher compensation.
Company Size: The size of the company can also influence salary levels. Larger organizations may offer more competitive pay due to their broader sales targets and revenue generation capabilities, while smaller companies might offer different compensation structures that include other benefits.
Location: Geographic location plays a role in salary variation. Urban areas or regions with a higher cost of living typically offer higher salaries to accommodate living expenses.
Experience Level: Your professional experience can significantly impact your salary. Those with more years in the field or who have taken on increasing levels of responsibility may command higher pay.
Industry: Different industries have varying budgets for sales roles. For instance, technology and pharmaceutical sectors often offer higher salaries compared to non-profit or educational sectors.
By considering these factors, you can better assess your potential earning power as a Non-Retail Sales Coordinator and make informed decisions regarding your career development.
Non-Retail Sales Coordinator Future Salary Trends (2024)
As a Non-Retail Sales Coordinator, it's essential to stay informed about the potential salary trends that may influence your career trajectory in the coming years. Here are key insights regarding expected growth and industry demand:
Increasing Demand for Sales Professionals: The ongoing growth of various sectors, notably technology, healthcare, and B2B services, is expected to create a sustained demand for sales coordinators. Companies will seek skilled professionals to manage and optimize sales processes, contributing positively to salary growth.
Evolution of Sales Strategies: As sales teams increasingly incorporate data analytics and digital tools for decision-making, your value as a coordinator will likely rise. Mastery of new technologies can position you for higher salaries as employers prioritize candidates who can leverage these resources effectively.
Focus on Customer Experience: The shift towards improving customer engagement and satisfaction will encourage organizations to invest more in their sales support roles. Non-Retail Sales Coordinators who can enhance client relationships and provide exceptional service may see accelerated salary advancements.
Economic Factors: Economic growth periods generally foster higher salaries across many industries, including sales. Conversely, economic downturns could impact available salary increases. Monitoring the economic climate will help you gauge potential salary changes in your field.
Professional Development Opportunities: Pursuing additional certifications or training can make you stand out in the competitive job market. Organizations may be willing to offer higher salaries to candidates who demonstrate a commitment to continuous learning and professional growth.
Geographic Differences: Location will continue to play a significant role in salary variations. Urban centers and regions with high concentrations of industries relevant to non-retail sales may offer better compensation packages compared to rural areas.
Competitive Labor Market: As the job market becomes more competitive, companies may need to enhance their salaries and benefits to attract top talent. This trend can positively influence your earning potential as demand for skilled sales coordinators continues to grow.
Impact of Remote Work: The increasing normalization of remote work may lead to changes in salary structures. Employers might adopt more flexible pay scales based on cost-of-living adjustments, which could either benefit or challenge your current earning capacity, depending on geographical factors.
By keeping these trends in mind and aligning your skills and development with industry needs, you can better navigate your career path in the non-retail sales sector and potentially enhance your salary prospects in the future.
Non-Retail Sales Coordinator Salary Frequently Asked Questions (FAQs)
What factors influence the salary of a Non-Retail Sales Coordinator?
The salary of a Non-Retail Sales Coordinator can be influenced by various factors including education, years of experience, the size and industry of the employer, and geographical location. Additional factors such as performance metrics, organizational responsibilities, and the skills that are in demand can also play a significant role.Is there a difference in salary between Non-Retail Sales Coordinators in different industries?
Yes, salaries can vary significantly between industries. Some sectors, such as technology or pharmaceuticals, may offer higher compensation compared to more traditional sectors. The specific requirements and challenges of each industry can also dictate variations in pay.How does experience affect the salary of a Non-Retail Sales Coordinator?
Typically, more experienced Non-Retail Sales Coordinators can command higher salaries due to their developed skill sets, proven track records, and greater responsibilities. Entry-level positions generally offer lower salaries that can increase as individuals progress in their careers.What educational background is preferred for Non-Retail Sales Coordinators?
Most employers prefer candidates with at least a bachelor’s degree in business, marketing, or a related field. Additional certifications in sales or professional development courses can also enhance earning potential.Are there opportunities for salary growth in this career?
Yes, Non-Retail Sales Coordinators have numerous avenues for salary growth. Advancing to higher positions such as Sales Manager or Director of Sales can significantly increase earning potential. Continuously improving skills and adapting to market demands facilitates career advancement.What skills can impact a Non-Retail Sales Coordinator's salary?
Key skills such as strong communication, negotiation, project management, and analytical abilities can favorably impact a Non-Retail Sales Coordinator’s salary. Being proficient with sales software, CRM tools, and having a thorough understanding of sales strategies can also make candidates more valuable.Is the salary for Non-Retail Sales Coordinators consistent across the United States?
No, salaries can vary widely depending on the region due to the cost of living, demand for sales professionals, and the concentration of industries in certain areas. Metropolitan areas may offer higher salaries relative to rural regions.Do Non-Retail Sales Coordinators receive bonuses or commissions?
Many Non-Retail Sales Coordinator positions offer bonuses or performance-based incentives. This can provide additional income beyond the base salary, especially if the coordinator meets or exceeds sales targets.How can I research salary information for Non-Retail Sales Coordinators?
You can research salary information through various online platforms that provide salary insights, including websites that track industry standards, government labor statistics, and professional networking sites. Additionally, engaging with industry peers and recruiters can provide useful insights.Are remote Non-Retail Sales Coordinator positions compensated differently?
Remote positions may offer varying compensation based on the company’s policy and the employee’s location. Employers may consider geographic cost of living adjustments or provide a standardized salary irrespective of location.