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Employment growth of advertising sales agents is expected to grow faster than average for all occupations for the 2006-2016 period. Because of growth in new media outlets, such as the Internet, advertising agents with an ability to sell, should see good job opportunities.
Employment change. Employment of advertising sales agents is expected to increase by 20 percent from 2006 to 2016, which is faster than the average for all occupations. Fast growth in the number of cable channels, online advertisers, and other advertising mediums will create many new opportunities for advertisers. These opportunities, along with increased efforts by media outlets to market to the growing Hispanic population, will lead to the growth of advertising sales agents.
The industries employing advertising sales agents, particularly the newspaper, periodical, radio, and television industries, have experienced considerable consolidation in recent years, which created efficiencies in the sale of advertising and reduced the need for more sales agents. While this trend is expected to continue over the next decade, it should do so at a slower pace and not affect employment of advertising sales agents significantly.
While advances in technology have made advertising sales agents more productive, allowing agents to take on additional duties and improve the quality of the services they provide, technological advances have not substantially decreased overall demand for these workers. Productivity gains have had the largest effect on miscellaneous services that workers provide, such as accounting, proposal creation, and customer service responsibilities, allowing them to provide faster, improved services to their clients. For example, the use of e-mail has considerably shortened the time it takes to negotiate a sale and place an ad. Sales agents may accomplish more in less time, but many work more hours than in the past, spending additional time on follow-up and service calls. Thus, while productivity gains will temper the growth of advertising sales agents, who can now manage more accounts, the increasing growth in advertising across all industries will ensure that new advertising sales agents will continue to be needed in the future.
Job prospects. Those interested in ad sales positions can expect good job opportunities. This is particularly true for sales people with experience and those with a college degree. For those with a proven sales record in advertising sales, opportunities should be excellent. In addition to the job openings generated by employment growth, openings will occur each year because of the need to replace sales representatives who transfer to other occupations or leave the labor force. Each year, many advertising sales agents discover they are unable to earn enough money and leave the occupation.
Advertising revenues are sensitive to economic downturns, which cause the industries and companies that advertise to reduce both the frequency of campaigns and the overall level of spending on advertising. Advertising sales agents must work hard to get the most out of every dollar spent on advertising under these conditions. Therefore, the number of opportunities for advertising sales agents fluctuates with the business cycle. So while advertising sales candidates can expect good opportunities, applicants can expect keen competition for job openings during downturns in advertising spending.
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