Description

Sales estimators typically works with sales and customer service departments to improve processes and procedures, providing managers with data to help companies improve their business models. There are several types of companies that employ sales estimators, but these roles are generally found in companies that sell a service or goods to customers. Typical duties performed by sales estimators include forecasting costs for new projects, studying current economic conditions that may affect the organization's ability to sell its products or services, estimating job costs, analyzing vendor pricing, and negotiating costs with vendors. These professionals typically work with sales and customer service staff, although sometimes a sales estimator may interact with customers depending on their role within the company. Sales estimators typically work during regular business hours, although overtime may be required to meet deadlines.The minimum educational requirement for sales estimators typically includes a high school diploma or equivalent. One to three years of related experience or training in business services is generally needed as well. Some sales estimator positions - for example, in technical fields such as aerospace and defense - a bachelor's degree in accounting, business management, or another related field may be required. In addition, sales estimators should have excellent interpersonal and communication skills to work effectively with colleagues in their organization.

Roles & Responsibilities

As a Sales Estimator with 0-3 years of experience in Canada, your main responsibilities include:

  • Prepare accurate cost estimates and proposals for potential customers, ensuring competitive pricing and profitability. Conduct detailed analysis of project requirements, materials, and labor costs to create comprehensive estimates.
  • Collaborate with the sales team to develop pricing strategies and negotiate contracts with clients. Provide valuable insights on pricing trends, market conditions, and competitor analysis to support sales efforts.
  • Review project specifications, drawings, and blueprints to determine materials and labor requirements. Work closely with suppliers and subcontractors to gather accurate pricing information and quotes.
  • Maintain and update cost databases, ensuring accuracy and consistency of pricing information.

Qualifications & Work Experience

For a Sales Estimator, the following qualifications are required:

  • Strong mathematical and analytical skills to accurately estimate costs and prepare competitive pricing quotes for sales opportunities.
  • Excellent attention to detail to thoroughly analyze customer requirements, specifications, and project scope, ensuring accurate and comprehensive estimates.
  • Solid knowledge of sales and pricing strategies to negotiate and communicate pricing proposals effectively with clients and internal stakeholders.
  • Proficient in using sales estimation software and tools to generate accurate and professional proposals, presentations, and reports for sales team and management.

Essential Skills For Sales Estimator

1

Sales Strategy

2

Sales Technique

3

Sales & Management

Skills That Affect Sales Estimator Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Constructors

3%

Planning & Development

7%

Career Prospects

The role of Sales Estimator is crucial for accurate sales forecasting and revenue generation. For individuals with 0-3 years of experience in Canada, here are four alternative roles to consider:

  • Sales Coordinator: A position that supports the sales team by managing administrative tasks, coordinating sales activities, and maintaining customer databases.
  • Business Development Associate: A role focused on identifying new sales opportunities, conducting market research, and assisting in the development of sales strategies.
  • Account Manager: A position that involves building and maintaining relationships with clients, understanding their needs, and ensuring customer satisfaction.
  • Inside Sales Representative: A role that focuses on generating leads, making sales calls, and closing deals over the phone or through online channels.

How to Learn

The sales estimator role in Canada is expected to witness steady growth in the market. According to a 10-year analysis, the job role has seen a consistent rise in demand, indicating a positive trend. With the expanding economy and increased business activities, the employment opportunities for sales estimators are expected to be ample in the future. Recent data points from Google reinforce these projections, highlighting the significance of sales estimators in the Canadian job market.