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Indirect account manager vs territory account manager

The differences between indirect 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 indirect account manager and a territory account manager. Additionally, an indirect account manager has an average salary of $78,004, which is higher than the $65,808 average annual salary of a territory account manager.

The top three skills for an indirect account manager include product knowledge, sales techniques and sales performance. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Indirect account manager vs territory account manager overview

Indirect Account ManagerTerritory Account Manager
Yearly salary$78,004$65,808
Hourly rate$37.50$31.64
Growth rate5%5%
Number of jobs100,117163,183
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 80%
Average age4646
Years of experience88

What does an indirect account manager do?

An indirect account manager is responsible for managing a company's relationships with its customers. Indirect account managers are usually hired by companies in the telecommunication and manufacturing industries. The essential skills that they should possess to accomplish their responsibilities include good analytical, communication, and customer service skills. The requirements to qualify for the position include prior work experience as a store manager or indirect sales manager and a bachelor's degree in business, marketing, management, or other related fields.

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.

Indirect account manager vs territory account manager salary

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

Indirect Account ManagerTerritory Account Manager
Average salary$78,004$65,808
Salary rangeBetween $46,000 And $130,000Between $44,000 And $98,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-Hitachi Vantara
Best paying industry-Technology

Differences between indirect account manager and territory account manager education

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

Indirect Account ManagerTerritory Account Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Indirect account manager vs territory account manager demographics

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

Indirect Account ManagerTerritory Account Manager
Average age4646
Gender ratioMale, 61.7% Female, 38.3%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 indirect account manager and territory account manager duties and responsibilities

Indirect account manager example responsibilities.

  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Conduct regular account appraisals to accelerate customer adoption by working closely with the customer to educate and assess cloud technology needs.
  • Team serve as liaison to Nextel for sales, marketing and technical support.
  • Provide formal training on Nextel products and services as well as solution base selling.
  • Initiate the practice of placing sales reps in Costco stores, a practice that currently remains in use.
  • Establish and maintain regular communication with CIO level executives within customer accounts.

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

Indirect account manager vs territory account manager skills

Common indirect account manager skills
  • Product Knowledge, 17%
  • Sales Techniques, 16%
  • Sales Performance, 15%
  • Regional Sales, 13%
  • Incentive Programs, 9%
  • Customer Issues, 3%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%

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