If you go to any financial organization in India, you will see both Direct selling agents and salaried employees working there. Do you know the differences between them? In this blog, we will talk about some major differences between these two groups, who are more effective than others, and some tips that will help you.
Once you have a complete understanding of it, you can pick whether to work as a direct selling agent or a salaried person. You will also know about the working style of these finance companies and take the right call when the time comes. The use of one Andro app will help you in this process.
Have A Clear Understanding of The Roles of Different People in This Industry
Without wasting any time, we need to address the main topic of this blog. Let’s have a clear discussion on the differences between a loan agent and a salaried person.
1. Direct Selling Agents
A Direct Selling Agent is an individual who is working for the finance company on a commission basis. Their job is to find leads and find new customers who can take loans or other financial tools from that company. You can imagine them as a mediator between the loan company and the person getting the loan.
When you work as a DSA, you will get a commission with each new customer. There are no time boundations in the job. You can choose your working hours. Although there are no fixed salaries, the pay structure is attractive.
2. Salaried Employees
On the other part, a salaried person works as an ordinary employee. Their role in the company is fixed. They can either work as a loan officer or an advisor who will help people and organizations with a particular loan. These professionals are responsible for the operation of the organization and have fixed working hours.
Aspects That We Need to Focus
After discussing some of the important aspects, we need to understand a few major aspects of this industry.
1. What About the Income Potential?
Many people ask us about the income potential in both jobs. All we can say is that selling agents can flourish in this industry when they are performing well and getting results. If you want to become a successful Direct Selling agent, you must take initiative and risk to sell as many products as possible.
On the other hand, a salaried person working in a loan company has to manage more technical things. They have a secured job but the growth rate could be less than a star performer as an agent. You need to visit the one Andro DSA app to have more information.
2. Whose Job Is More Secure?
Job security is something that we need to check before starting our work. You must understand that as a Direct Selling agent, you can’t have a secure work life. There is nothing that can be done to improve the situation. As a salaried person, you will surely get more security. People who are looking for a secure job need to go for a salaried job.
3. Flexibility in Work
People working as a DSA enjoy a lot of flexibility in their work. They can choose their working hours according to the benefit of the client. Nobody will question them about these factors. This is not possible for a salaried person.
Skills That Are Essential in This Industry
The following skills are necessary when you want to be successful in this industry.
1. You Need to Be an Excellent Communicator
Do you have a good communication skill? If not, you must learn that. You need to explain loans to your customers, ask them questions, and many more. When you have a good communication skill, it will benefit you. It will help create trust between you and the customer.
2. One Must Know About Sales
We must have enough knowledge about sales. No matter whether you are a selling agent or a salaried employee, you need to sell financial products. Take professional help to learn about these skills.
3. Learn About Different Products in This Industry
Finally, you need to know about the products you are selling. There are so many financial products coming every year. Tracking everything and understanding the benefits will help.
When you learn these things, you will surely flourish in this business.
