how does their educational background affect their performance in sales?
24% of salespeople reported that they majored in business in college
Sales is a highly competitive field that requires not only skills and experience but also continuous learning and adaptation to stay ahead of the game. One of the common questions people ask when considering a career in sales is whether they need a degree in business to succeed. According to a survey by HubSpot, 24% of salespeople reported that they majored in business in college.
While having a business degree can certainly be an advantage in the sales industry, it is not a requirement. In fact, the same survey found that 17% of salespeople did not attend college at all. What matters more in sales is your ability to connect with people, understand their needs, and communicate the value of your product or service effectively.
However, a business degree can provide you with valuable knowledge and skills that can be applied in sales. For example, courses in marketing, finance, and management can help you understand your customers’ decision-making processes and the financial implications of their purchasing decisions. Additionally, a degree can demonstrate to potential employers that you have a strong foundation in business principles and are committed to continuous learning.
It’s also worth noting that there are many other paths to success in sales beyond a degree in business. Sales is a field that values experience and results, so working your way up from an entry-level position and gaining on-the-job experience can be just as valuable as a formal education. Additionally, there are many sales training programs and certifications available that can help you develop the skills you need to succeed.
In conclusion, while having a degree in business can be advantageous in the sales industry, it is not a requirement. What matters most in sales is your ability to connect with people, understand their needs, and effectively communicate the value of your product or service. Continuous learning, whether through formal education, on-the-job experience, or sales training programs, is essential to succeed in this highly competitive field.
If you are looking to advance your sales career, consider booking a schedule with Saleslion, a company that provides personalized coaching and training for sales professionals. With Saleslion, you can develop the skills you need to succeed in sales and take your career to the next level.
More Sales Trends Stats
56% of sales professionals get leads from existing customer referrals.
17% of salespeople did not attend college
Today, 97% of consumers go online to research products and services.
21% Higher Job Satisfaction for Salespeople Spending More Than 4 Hours a Day on Sales Activities
83% of Sales Professionals Report Working on Weekends
44% of salespeople give up after one follow-up call.
66% of sales reps say they’re drowning in tools
Sales enablement initiatives increased sales for 76% of companies by 6%-20%
40% say getting response from prospects harder now than 3 years ago.
More 2019 Stats
In 2019, Ecommerce Sales are Expected to Account for 13.7 Percent of Retail Sales Worldwide
38% of People will Leave a Website if they find the Layout Unattractive
Average Open Rate of Newsletter Campaigns from Ecommerce Stores to Customers is 18.45%
The Average Order Value of B2C Online Order is $52
Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15
65% of Consumers Look Up Price Comparisons on Mobile While in a Physical Store
Younger People Spend More Time Shopping Online than Older People
44% of Companies use A/B or Split Testing Software
Today, 97% of consumers go online to research products and services.
Ready to reinvent your sales process and tools?
One quick call and we'll share our approach - no pressure.
Schedule your demo