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Corporate account executive vs territory account manager

The differences between corporate account executives and territory account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a corporate account executive has an average salary of $77,649, which is higher than the $65,808 average annual salary of a territory account manager.

The top three skills for a corporate account executive include customer service, CRM and product knowledge. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Corporate account executive vs territory account manager overview

Corporate Account ExecutiveTerritory Account Manager
Yearly salary$77,649$65,808
Hourly rate$37.33$31.64
Growth rate4%5%
Number of jobs150,783163,183
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 80%
Average age4446
Years of experience-8

What does a corporate account executive do?

A corporate account executive's role is to generate leads and secure sales, ensuring to build positive relationships with clients. Among their responsibilities include performing research and analysis to find business and client opportunities, identifying the clients' needs, setting sales goals, and developing sales strategies. They may also reach out to clients through calls or correspondence, even arrange appointments to discuss and negotiate contracts. Furthermore, it is essential to maintain records of all transactions and adhere to the company's policies and regulations.

What does a territory account manager do?

Territory account managers are sales professionals who take responsibility for the maintenance of customer relationships. These managers learn how clients do business and establish a better understanding of customer interaction. They generate sales with client accounts using techniques such as cross-selling and upselling. It is their job to ensure that their clients receive the requested services and products on time. They also maintain long-term account relationships. The core skills for this job include strong communication skills, leadership skills, and attention to detail.

Corporate account executive vs territory account manager salary

Corporate account executives and territory account managers have different pay scales, as shown below.

Corporate Account ExecutiveTerritory Account Manager
Average salary$77,649$65,808
Salary rangeBetween $48,000 And $124,000Between $44,000 And $98,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateWashingtonNew Jersey
Best paying companyMicrosoftHitachi Vantara
Best paying industryTechnologyTechnology

Differences between corporate account executive and territory account manager education

There are a few differences between a corporate account executive and a territory account manager in terms of educational background:

Corporate Account ExecutiveTerritory Account Manager
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Corporate account executive vs territory account manager demographics

Here are the differences between corporate account executives' and territory account managers' demographics:

Corporate Account ExecutiveTerritory Account Manager
Average age4446
Gender ratioMale, 63.6% Female, 36.4%Male, 70.0% Female, 30.0%
Race ratioBlack or African American, 6.8% Unknown, 4.1% Hispanic or Latino, 16.4% Asian, 5.6% White, 66.8% American Indian and Alaska Native, 0.4%Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%
LGBT Percentage5%7%

Differences between corporate account executive and territory account manager duties and responsibilities

Corporate account executive example responsibilities.

  • Coach sales team on processes allowing them to work through obstacles and generate new business opportunities within the IDN's manage.
  • Well-Verse with the CRM tool to maintain accurate client records.
  • Support strategic initiatives such as international expansion, product and audience expansion, and SaaS partnerships.
  • Help to create a consistent price structure for all assets on property while researching and implementing a track wide CRM program
  • Provide management forecasting by tracking opportunities and other important activities in Salesforce.
  • Design and assist physicians with customize therapy programs to improve quality of life for patients with diverse medical needs/diagnoses.
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Territory account manager example responsibilities.

  • Manage a sales territory for an OEM distributor of power transmission, motion control and automation devices.
  • Manage three CRM systems for notes/payments/renewals/tracking/proposals and quotes.
  • Generate leads, prepare RFP responses, build relationships, identify business/functional requirements, present technical solutions and negotiate contracts.
  • Map strategies to meet establish performance standards and to boost resource return on investment (ROI).
  • Develop pricing proposal and ROI for customers
  • Work within three CRM systems for notes/payments/renewals/tracking/proposals and quotes.
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Corporate account executive vs territory account manager skills

Common corporate account executive skills
  • Customer Service, 10%
  • CRM, 7%
  • Product Knowledge, 6%
  • Business Relationships, 6%
  • Customer Relationships, 5%
  • Account Executives, 5%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%