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Enterprise account manager vs territory account manager

The differences between enterprise account managers and territory account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an enterprise account manager and a territory account manager. Additionally, an enterprise account manager has an average salary of $101,810, which is higher than the $65,808 average annual salary of a territory account manager.

The top three skills for an enterprise account manager include account management, CRM and cloud. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Enterprise account manager vs territory account manager overview

Enterprise Account ManagerTerritory Account Manager
Yearly salary$101,810$65,808
Hourly rate$48.95$31.64
Growth rate5%5%
Number of jobs162,311163,183
Job satisfaction5-
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 80%
Average age4646
Years of experience88

What does an enterprise account manager do?

An enterprise account manager's role is to devise strategies to identify enterprise opportunities, all while ensuring efficiency and profit growth. Typically, their responsibilities revolve around coordinating with other department personnel to gather financial data, produce progress reports and presentations, identify risks and errors, conduct research and analysis, and maintain accurate records. Furthermore, as a manager, it is essential to lead and encourage the team to meet goals and deadlines while implementing 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.

Enterprise account manager vs territory account manager salary

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

Enterprise Account ManagerTerritory Account Manager
Average salary$101,810$65,808
Salary rangeBetween $68,000 And $150,000Between $44,000 And $98,000
Highest paying CityPhiladelphia, PASan Francisco, CA
Highest paying statePennsylvaniaNew Jersey
Best paying companyNVIDIAHitachi Vantara
Best paying industryTechnologyTechnology

Differences between enterprise account manager and territory account manager education

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

Enterprise Account ManagerTerritory Account Manager
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Enterprise account manager vs territory account manager demographics

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

Enterprise Account ManagerTerritory Account Manager
Average age4646
Gender ratioMale, 73.8% Female, 26.2%Male, 70.0% Female, 30.0%
Race ratioBlack 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%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 Percentage7%7%

Differences between enterprise account manager and territory account manager duties and responsibilities

Enterprise account manager example responsibilities.

  • Lead informative product demonstrations for SaaS products over the web on a daily basis.
  • Manage customer security requirements for voice, data, and IP backbone networks, including physical and intelligent applications.
  • Deliver hosted & manage physical security using cloud enable solutions using video monitoring.
  • Enter and monitor opportunities in CRM system and with internal quoting tools.
  • Initiate & implement local activities to increase market share with define ROI.
  • Develop sales plan, ROI model, presentation, and drive marketing for better pricing and packaging.
  • Show more

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.
  • Show more

Enterprise account manager vs territory account manager skills

Common enterprise account manager skills
  • Account Management, 9%
  • CRM, 7%
  • Cloud, 6%
  • Analytics, 6%
  • Client Relationships, 5%
  • Enterprise Sales, 5%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%

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