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Account executive vs wholesale account executive

The differences between account executives and wholesale account executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a wholesale account executive has an average salary of $87,073, which is higher than the $69,618 average annual salary of an account executive.

The top three skills for an account executive include customer service, CRM and healthcare. The most important skills for a wholesale account executive are customer service, mortgage brokers, and wholesale accounts.

Account executive vs wholesale account executive overview

Account ExecutiveWholesale Account Executive
Yearly salary$69,618$87,073
Hourly rate$33.47$41.86
Growth rate5%4%
Number of jobs205,561107,546
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 76%
Average age4447
Years of experience-4

What does an account executive do?

An account executive is responsible for supporting existing clients, closing client deals, and developing sales strategies to increase the company's sales and satisfaction. An account executive must be competitive enough to keep up with the constant changes in the sales industry, including the high demands of digital marketing, a different approach to product advertising, effective negotiation, and presentation skills. An account executive also requires excellent communication skills for the successful acquisition of client accounts and immediately resolve possible complaints as they arise.

What does a wholesale account executive do?

Wholesale Account Executives represent the firm in industry events and professional organizations to help advance the company's wholesale brand. They put geographic opportunities into optimal use and build and oversee an account base. These professionals interview accounts, inspect the account's progress and review the crucial data needed for account approval. Wholesale Account Executives also enhance account relationships and deliver top-notch service levels by working hand-in-hand with the sales team. Moreover, these professionals ensure the company meets its customer needs by maintaining current customer adoption, innovations, and industry trends.

Account executive vs wholesale account executive salary

Account executives and wholesale account executives have different pay scales, as shown below.

Account ExecutiveWholesale Account Executive
Average salary$69,618$87,073
Salary rangeBetween $44,000 And $109,000Between $59,000 And $126,000
Highest paying CityPortland, OR-
Highest paying stateOregon-
Best paying companyHitachi Vantara-
Best paying industryFinance-

Differences between account executive and wholesale account executive education

There are a few differences between an account executive and a wholesale account executive in terms of educational background:

Account ExecutiveWholesale Account Executive
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY College of Technology at Alfred

Account executive vs wholesale account executive demographics

Here are the differences between account executives' and wholesale account executives' demographics:

Account ExecutiveWholesale Account Executive
Average age4447
Gender ratioMale, 57.2% Female, 42.8%Male, 63.0% Female, 37.0%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 16.3% Asian, 5.6% White, 66.9% American Indian and Alaska Native, 0.4%Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.5% Asian, 5.2% White, 72.4% American Indian and Alaska Native, 0.2%
LGBT Percentage5%6%

Differences between account executive and wholesale account executive duties and responsibilities

Account executive example responsibilities.

  • Create and manage Facebook and twitter accounts.
  • Have achieve Google certification for both SEM and SEO sales.
  • Lead proposal team in winning a $1MM RFP, turning around a key account relationship.
  • Manage all aspects of new FedEx implementations (automation set-up, operational support and training of customers).
  • Develop and manage networking, VoIP, IP/TV, video, cloud, wireless, and security/disaster recovery projects.
  • Source all leads by means of cold calling, leveraging linkedin, referrals, and upselling to existing customers.
  • Show more

Wholesale account executive example responsibilities.

  • Manage CRM on goal setting, account management, and appointment setting.
  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Assist partners in finding ways to help borrowers fit into the GSE, FHA, or VA buckets.
  • Help clients structure loans for their perspective borrowers to meet FNMA/FHLMC and FHA as well as individual investor's underwriting guidelines.
  • Evaluate and structure RFP's & contracts.
  • Educate potential client companies on VA service platform to generate and maintain accounts
  • Show more

Account executive vs wholesale account executive skills

Common account executive skills
  • Customer Service, 9%
  • CRM, 6%
  • Healthcare, 5%
  • Sales Process, 5%
  • Salesforce, 4%
  • Work Ethic, 4%
Common wholesale account executive skills
  • Customer Service, 17%
  • Mortgage Brokers, 7%
  • Wholesale Accounts, 6%
  • Account Executives, 5%
  • FHA, 5%
  • Va, 5%