Description

Sales estimators usually work in conjunction with customer service and sales departments to enhance processes and procedures, supplying managers with information to assist companies in improving their business strategies. There are a variety of businesses which employ sales estimators however, these positions are typically employed by companies that offer products or services to their customers. The typical duties of sales estimators include forecasting the cost of new initiatives, analyzing the current economic situation that could impact the company's ability to market its products and services. They also estimate the cost of jobs and analyzing pricing of vendors, and negotiating prices with vendors. They typically work alongside the customer service and sales staff however, sales estimators may also be in contact with customers based on their position within the organization. Sales estimators usually work during normal working hours, however they may need to work overtime in order to complete deadlines.

The minimum education requirement for sales estimators usually includes the graduation from high school or an an equivalent. Three to five years of relevant experience or education in business services is typically required as well. Certain sales estimator positions, for instance in the field of technology like aerospace and defense, a bachelor's degree in business management, accounting or a related field might be required. Sales estimators must possess excellent interpersonal and communication skills in order to collaborate effectively with colleagues within their workplace.

Roles & Responsibilities

With over 9 years of experience as a Sales Estimator in the United States, your main responsibilities include:

  • Analyzing customer requirements, project specifications, and blueprints to prepare accurate and competitive sales estimates.
  • Collaborating with sales teams and clients to assess project parameters, develop pricing strategies, and negotiate contracts.
  • Conducting market research and competitive analysis to gather data on pricing trends, industry standards, and market conditions.
  • Creating detailed and comprehensive sales proposals, including cost breakdowns, labor estimates, material costs, and profit margins.

Qualifications & Work Experience

For a Sales Estimator job role, 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.

Sales

1%

Project Management

8%

Career Prospects

The Sales Estimator job role requires strong expertise in sales and estimation, with a work experience of 9+ years in the United States. If you're looking for alternative roles to explore, here are following options to consider:

  • Sales Manager: A role that involves leading and managing a team of sales professionals, setting sales targets, and developing strategies to achieve business objectives.
  • Business Development Manager: A position focused on identifying new business opportunities, building relationships with clients, and expanding the company's customer base.
  • Account Manager: A role that involves nurturing and growing existing client accounts, ensuring customer satisfaction, and maximizing sales opportunities.
  • Pricing Analyst: A position focused on analyzing market trends, competitor pricing, and customer behavior to develop pricing strategies that maximize profitability.

How to Learn

The job role of Sales Estimator in the United States is expected to experience significant growth in the market. Over the next 10 years, the demand for sales estimators is projected to increase. According to the latest data available on Google, employment opportunities in this field are expected to expand. The role of a sales estimator involves estimating costs and preparing sales proposals for potential customers. With an increasing emphasis on accurate and strategic sales forecasting, organizations are likely to rely more on sales estimators. This trend indicates positive prospects for professionals in this role, with ample opportunities for employment in the future.