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Key account manager vs customer success manager

The differences between key account managers and customer success managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a key account manager and a customer success manager. Additionally, a key account manager has an average salary of $102,315, which is higher than the $93,820 average annual salary of a customer success manager.

The top three skills for a key account manager include account management, customer service and patients. The most important skills for a customer success manager are client facing, cloud, and account management.

Key account manager vs customer success manager overview

Key Account ManagerCustomer Success Manager
Yearly salary$102,315$93,820
Hourly rate$49.19$45.11
Growth rate5%5%
Number of jobs160,99295,053
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 78%
Average age4646
Years of experience88

What does a key account manager do?

A key account manager is primarily in charge of handling key clients that produce the most profit for a company or business, ensuring that they remain with them. They are mainly responsible for understanding their clients' needs and long-term goals, ensuring that the key clients get to receive all the necessary services and products in time, and promptly address and resolve any issues and concerns. Furthermore, a key account manager may prepare reports and proposals to team members, all while adhering to the company's policies and standards.

What does a customer success manager do?

A customer success manager works to understand repeat customers and prioritize their long-term needs. Primarily, they manage the customer relationship and give them prompt value propositions. They act as mentors to customers by educating them about the sales process and ensure efficient transaction processing. Their tasks include advocating for the company, onboarding customers to the products, follow-up on renewals, and encouraging cross-sells and upsells. Additionally, they build relationships with the customer and the support team as well as advocating customers' needs.

Key account manager vs customer success manager salary

Key account managers and customer success managers have different pay scales, as shown below.

Key Account ManagerCustomer Success Manager
Average salary$102,315$93,820
Salary rangeBetween $75,000 And $138,000Between $61,000 And $142,000
Highest paying CitySan Francisco, CARedwood City, CA
Highest paying stateMaineCalifornia
Best paying companyQuidelVMware
Best paying industryPharmaceuticalTechnology

Differences between key account manager and customer success manager education

There are a few differences between a key account manager and a customer success manager in terms of educational background:

Key Account ManagerCustomer Success Manager
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Key account manager vs customer success manager demographics

Here are the differences between key account managers' and customer success managers' demographics:

Key Account ManagerCustomer Success Manager
Average age4646
Gender ratioMale, 68.1% Female, 31.9%Male, 54.9% Female, 45.1%
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 key account manager and customer success manager duties and responsibilities

Key account manager example responsibilities.

  • Lead the KAM division in market share expansion and activation for SWS portfolio.
  • Develop and manage GPO partnerships and new relationships in preparation of new product launch.
  • Utilize IRI reporting (CPGN) to deliver key category insights to customer base in order to effectively manage category decisions.
  • Manage company CRM implementation leading to increase sales profitability and customer satisfaction.
  • Provide managed care expertise to industry leading system developers to create web-base solutions for healthcare revenue cycle.
  • Manage services including contract logistics, distribution, and inbound logistics and shipping brokerage along with various additional transportation solutions.
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Customer success manager example responsibilities.

  • Help doctors manage their facebook page and website.
  • Achieve excellent performance results as compared to other Aarons stores.
  • Help customers establish spend and savings goals and achieve those to get full ROI.
  • Link QuickBooks system with customer sales database to automate the process of tax administration.
  • Well verse in leveraging CRM to manage accounts, capture metrics, and implement relevant processes.
  • Raise RingCentral's NPS score, by creating superb relations with clients that lead to increase survey ratings.
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Key account manager vs customer success manager skills

Common key account manager skills
  • Account Management, 10%
  • Customer Service, 7%
  • Patients, 6%
  • CRM, 6%
  • Customer Relationships, 5%
  • Excellent Interpersonal, 5%
Common customer success manager skills
  • Client Facing, 10%
  • Cloud, 7%
  • Account Management, 7%
  • Customer Relationships, 5%
  • Saas, 5%
  • Customer Service, 5%

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