Your comprehensive guide to SaaS — covering career paths, strategies, and tips to excel in various tech sales roles! Let's get started.
Jul 10, 2023
Software as a Service (SaaS) is an arena filled with dynamic opportunities. Here, your career path isn't a one-way street, but a vast network of avenues just waiting for you to explore. And if you've ever considered stepping into the bustling world of SaaS sales, you're in the right place.
Every role in SaaS sales, whether it's your first or fifth, serves as a stepping stone towards new skills, responsibilities, and career growth. Each day is different, and every challenge is a chance to learn and progress.
But how do you break into this rewarding industry–and more importantly, how do you plot your journey through it? That's where we come in. At Uvaro, we're here to guide you through the exciting career paths in SaaS sales, providing you with a clear roadmap of the roles and opportunities that lay ahead.
In this guide, we'll break down each role, from your first steps as an SDR/BDR, to running the show as VP Sales and Chief Revenue Officer. We'll outline the key skills and responsibilities for each role, providing a clear view of your potential career progression.
So, let's explore the vibrant landscape of SaaS sales careers. Ready? Let’s go!
Take the worry out of your career direction and path. Discover your ideal career path in SaaS by aligning your values, skills, and goals to various roles. We'll examine career progressions across different positions and collaboratively draft a career path plan, highlighting potential growth, obstacles, and useful resources.
Before we hop onto the career express, take stock of where we’re going. SaaS, or Software as a Service, describes a licensing and delivery model that allows users to access cloud-based applications over the internet, usually using a subscription service. Think of services like…
In simpler terms, instead of buying a CD-ROM (remember those?) and installing software on your personal computer, you access the software over the internet, typically for a monthly or yearly fee. The service provider handles all the technical stuff like hosting, maintenance, and security, allowing you to focus on using the software to solve your problems or improve your life.
“SaaS market size is expected to grow from USD $237.55 in 2023, to USD $908.21 in 2030”
The SaaS model has become exceedingly popular for both businesses and consumers because of its flexibility, scalability, and cost-effectiveness. It gives businesses access to a global market with minimal upfront investment, and it gives consumers access to advanced tools and services that might otherwise be out of reach.
As a result, the SaaS industry has become a hotbed of innovation. Even better, it’s also a hotbed for exciting career opportunities. From sales to customer success, engineering to marketing, the SaaS world has a space for everyone. And when it comes to sales, the possibilities for growth and progression are almost endless.
There's no denying it – SaaS sales is a breed of its own. But what makes it so special? Let's break it down:
Recurring revenue: Unlike traditional sales, where you make a one-time sale and that's it, SaaS operates on a subscription model. This means customers pay a recurring fee (usually monthly or annually) to use the service. This model offers a consistent revenue stream and opens up opportunities for upselling and cross-selling.
Faster sales cycles: Due to the nature digital products and services, the SaaS sales cycle is generally much faster compared to other industries. There's no need for shipping, manufacturing, or inventory management, which can greatly reduce the time from initial contact to close.
Value-based selling: SaaS sales focus on the value that the software provides to the customer, not just the features it has. This requires a deep understanding of the customer’s needs and challenges, and the ability to demonstrate how the product can address them.
Customer success focus: In SaaS, the relationship with the customer doesn't end once the sale is made. There's a strong focus on customer success and retention, as it's often more cost-effective to retain a customer than to acquire a new one. This fosters an environment of ongoing relationship-building and problem-solving.
Constant innovation: The SaaS industry is renowned for its rapid pace of innovation. New features, updates, and improvements are rolled out frequently, keeping sales reps on their toes and requiring a continuous learning mindset.
So, if you're intrigued by the idea of building long-term relationships with clients, excited by the fast-paced nature of the industry, or drawn to the challenge of selling a constantly-evolving product, SaaS sales could be the perfect fit for you.
Now that you know what makes SaaS and SaaS sales tick, let’s take a closer look at the career opportunities available to you in the industry.
As an SDR/BDR, you're at the beating heart of the sales force. You’re at the frontline turning interest into opportunity. On an average day, you’ll wear the dual hats of a detective and an ambassador. You uncover potential leads and engage with them, laying the groundwork for a relationship between the prospect and your company.
Your duties are driven by targets and goals, but at the core, your role is about communication and connection. You're often the first human contact a prospect has with your organization, and your interactions can set the tone for their entire customer journey. It’s a role teeming with challenges and rewards, offering deep insights into your business's inner workings and invaluable skills that translate across any sales role.
The average base BDR salary ranges between US$49,848 to US$53,177 in the U.S. and between C$49,107 and C$49,999 in Canada with opportunities for bonuses and commission.
Get a detailed breakdown of how factors like location, industry, and experience impact salary with our 2023 BDR Salary Guide.
SDRs/BDRs commonly move up to Account Executive positions, where they can use the skills and knowledge they’ve gained to close deals. Their comprehensive understanding of lead generation and prospect qualification serves as a strong foundation for taking on more advanced sales responsibilities.
For 12 weeks, 2hrs daily, seasoned instructors will work with your cohort to teach all the skills needed for a successful career in B2B tech sales. You’ll also get 5+ hours of guided independent study with cutting-edge tools.
Stepping into the role of an Account Executive (AE), you bridge the gap between a prospective client's needs and your company's offerings. Each day is a balancing act, where you juggle responsibilities such as negotiating deals, building relationships with key stakeholders, and strategizing for account growth. You are the closer who converts potential leads earned by SDRs/BDRs into loyal customers.
On an average day, you'll be diving deep into client concerns, proposing solutions tailored to their specific needs, and showing them the value your product or service can add to their business. It's a role that requires a delicate blend of finesse, charisma, and analytical prowess. Best of all, you get the thrill of contributing directly and significantly to your own company’s success (and bottom line) with each win.
The average salary for an Account Executive ranges between US$59,881 and US$98,323 in the U.S. and between C$55,816 and $69,110 in Canada.
Get a detailed breakdown of how factors like location, industry, and experience impact salary with our 2023 Account Executive Salary Guide.
After honing their skills as an Account Executive, many AEs progress into higher leadership roles such as Sales Manager or Sales Director, where they can steer their team towards consistent sales success and directly impact the company's growth trajectory.
For 7 weeks, work with seasoned pros to learn the knowledge and skills you’ll need to excel as an account executive. Throughout the course, you will discover advanced full-funnel sales techniques, build your deal closing toolkit, and experiment with the technical and organizational tools needed to achieve successful account handoffs.
As a Customer Success Manager (CSM), it’s your job to make each client's journey not just satisfactory, but extraordinary. You're the customer's advocate within the company, their go-to person who listens, understands and responds to their needs. This role requires a mastery of communication and coordination, where each day you're proactively addressing potential issues, answering questions, and implementing solutions to ensure that customers realize the full potential of your offering.
On an average day, a CSM may be found hosting a product training session for a client, collaborating with the product team to incorporate client feedback into future developments, or even strategizing for account renewal or upselling. You don't just handle accounts; you build relationships, ensuring that every interaction adds value to the customer and strengthens their loyalty to your brand.
The average salary for a Customer Success Manager ranges between US$66,760 to US$79,625 in the U.S. and between C$62,287 and C$69,228 in Canada.
Get a detailed breakdown of how factors like location, industry, and experience impact salary with our 2023 Customer Success Manager Salary Guide.
Customer Success Managers often transition into a role as Customer Success Director or even Vice President of Customer Success, applying their deep understanding of customer needs to shape the company's broader customer success strategy.
For 4 weeks, current Managers and Directors will work with you to identify your management style. You’ll learn the latest in Customer Success Management skills and techniques over 4.5+ hours of weekly guided independent study with cutting-edge tools.
As an Account Manager (AM), you’re at the heart of your company's relationships with its clients. You are a trusted advisor, a consistent point of contact, and the face of your company to those you serve. Your role is all about customer satisfaction and loyalty as you blend strategic thinking, problem-solving, and diplomacy to maintain and grow the company's existing accounts.
An average day for an Account Manager may involve presenting new product features to clients, liaising with internal teams to resolve any customer issues, and forecasting account growth and sales trends. This role calls for a deep understanding of your customers' businesses so you can recommend solutions that meet their specific needs and contribute to their success.
The average salary for an Account Manager ranges between US$52,902 to US$64,938 in the U.S. and between C$56,967 and C$63,202 in Canada.
Get a detailed breakdown of how factors like location, industry, and experience impact salary with our 2023 Account Manager Salary Guide.
Account Managers are well-positioned to advance into a role as a Sales Manager or Sales Director, where customer retention and account growth skills continue to play a vital role, but on a larger, often strategic scale.
For 4 weeks, industry pros will work with you to identify your Account Management style. You’ll learn the latest in Account Management skills and techniques over 6+ hours of weekly guided independent study with cutting-edge tools.
As a Sales Manager, your role focuses on leadership, strategic planning, and strong sales skills to drive your company’s bottom line higher. Each day, you’ll measure and manage the performance of your sales team, keeping everyone on track to consistently meet or surpass their targets. You conduct the sales symphony, bringing together training, planning, and execution to create a harmonious and successful result.
An average day in the life of a Sales Manager might involve analyzing sales data, coaching a team member on closing techniques, meeting with potential clients, or developing sales strategies for new products. Your goal is to foster a high-performing sales team that works together to benefit both your customers and your company.
Salaries for Sales Managers in the U.S. tech industry land anywhere from US$84,855 to US$101,554. That’s before additional compensation from bonuses and commission!
Get a detailed breakdown of how factors like location, industry, and experience impact salary with our 2023 BDR Manager Salary Guide.
Sales Managers often move into more strategic, upper management roles such as Sales Director or Vice President of Sales, where they can impact broader sales strategies across the organization, develop growth plans, and guide larger teams.
For 6 weeks, current Managers and Directors will work with you to identify your sales leadership style. You’ll learn the latest in leadership structures, skills, and techniques over 3+ hours of weekly guided independent study with cutting-edge tools.
As a Sales Director, you're in a position of high responsibility, steering your team toward success and your organization towards profitable shores. In this role, you’ll exercise your strategic acumen, leadership prowess, and sales expertise as you shape how sales are done within your organization.
When you’re a Sales Director, a typical day may involve developing sales strategies, reviewing performance data, meeting with key clients, managing budgets and targets, monitoring customer trends, or mentoring sales managers under your guidance. You're not just concerned with making individual sales, but with the big picture across the whole business.
In tech, the average U.S. base salary for a Director of Sales is between US$121,936 and US$147,264. The exact amount you earn will vary depending on factors like your company, your location, and the commission/bonus structure they use.
A Sales Director can advance into a VP role or C-suite level roles like Chief Revenue Officer (CRO) or even CEO, where they can influence the entire business strategy and have a bigger impact on the company's direction and success.
As Vice President of Sales (VP Sales), you command the sales fleet through market highs and lows and competitive tides. Your key responsibilities include managing the sales team and its operations, setting sales goals, and devising sales strategies to meet them–all while staying focused on growth and profitability.
An average day for a VP Sales could involve reviewing sales data, meeting with key clients, developing sales training programs, keeping tabs on the market, and strategizing with other top management executives. With a high-level view of the company's overall position, you'll navigate towards higher sales and stronger client relationships.
As a VP of Sales in a U.S. tech company, you can expect an average salary between US$181,763 and US$204,986 with opportunities for additional bonuses.
The Vice President of Sales often steps up into more strategic, executive roles such as Chief Revenue Officer (CRO), Chief Operations Officer (COO), or even Chief Executive Officer (CEO), where they can put their rich experience in sales and deep understanding of the company to even greater use.
As a Chief Revenue Officer (CRO), your role goes beyond conventional sales into finance, marketing, pricing, and customer success. You are the visionary architect building and implementing strategies that generate revenue across all streams. The company's growth lies in your hands, and every day, you make decisions that position the business for greater profitability and expansion.
An average day for a CRO may involve analyzing financial data, coordinating with other departments to streamline revenue generation, creating new sales strategies, or meeting with potential investors. As the top-tier revenue professional, your role extends beyond just the sales department. You are a key player in the boardroom, shaping the company's overall strategy and direction.
Average base salaries for CROs in the U.S. land between US$179,838 and US$235,024, within the tech world. Similar to other roles, there are opportunities for bonuses with this job as well.
The role of CRO is often the peak of a sales career, but from here, the doors are open to pursue other C-suite roles or even a CEO position, depending on the individual's broad business understanding and leadership abilities.
Whether you're dipping your toe into the SaaS sales pool or already swimming laps in the deep end, remember this: your career is a journey, and every journey is easier when you have the right guide. After all, you're not expected to navigate your path alone.
That’s what Uvaro does best. Think of us as your career waymaker, guiding you through each twist and turn along your professional journey.
Take the worry out of your career direction and path. Discover your ideal career path in SaaS by aligning your values, skills, and goals to various roles. We'll examine career progressions across different positions and collaboratively draft a career path plan, highlighting potential growth, obstacles, and useful resources.
Our Premium Membership isn't a one-and-done deal. Breaking into tech sales? We've got you covered. Looking to move from an AE to a Sales Manager? We'll help you make that leap! We’re committed to your long-term success.
At Uvaro, we understand the nuances of each position, the subtleties that make each role unique, and how to transition smoothly from one to the next. Career development with Uvaro is anything but one-size-fits-all; it's a dynamic, responsive learning experience tailored to suit your career aspirations and evolve as you do.
Ready to take the first step with Uvaro at your side? Connect with us, download our catalog, and explore how our Premium Membership can propel your career progression in SaaS sales. Your future in tech sales starts here!