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The differences between key account representatives and account executives, key accounts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a key account representative and an account executive, key accounts. Additionally, an account executive, key accounts has an average salary of $117,015, which is higher than the $48,841 average annual salary of a key account representative.
The top three skills for a key account representative include business development, account management and product knowledge. The most important skills for an account executive, key accounts are healthcare, CRM, and account management.
| Key Account Representative | Account Executive, Key Accounts | |
| Yearly salary | $48,841 | $117,015 |
| Hourly rate | $23.48 | $56.26 |
| Growth rate | 4% | 4% |
| Number of jobs | 236,207 | 162,443 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 80% |
| Average age | 47 | 47 |
| Years of experience | 4 | 4 |
A key account representative identifies opportunities for increasing sales and defines outreach strategies. Key account representatives find, develop, and maintain customer accounts. The account representatives serve as the main point of contact between an organization and its clients. They make regular communication with the clients, address their concerns, and track their transactions and payments. Part of their job is to present expanded and new opportunities to the clients. They have to be adaptable and have empathy in performing their job. Among the skills they need to develop include people or communication skills, relationship building, and time management.
Key Account Executives are responsible for generating sales revenue and maintaining relationships with key accounts of an organization. Their duties include setting sales targets, generating new leads, assiting in developing market strategies, designing and managing sales reporting tools, and working with the strategic communications team to ensure sponsor opportunities are relayed well. They are also involved in promotional content creation, implementing leads, and communicating product knowledge updates to the accounts and sales team.
Key account representatives and account executives, key accounts have different pay scales, as shown below.
| Key Account Representative | Account Executive, Key Accounts | |
| Average salary | $48,841 | $117,015 |
| Salary range | Between $34,000 And $69,000 | Between $75,000 And $181,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a key account representative and an account executive, key accounts in terms of educational background:
| Key Account Representative | Account Executive, Key Accounts | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 80% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Alfred | University of Pennsylvania |
Here are the differences between key account representatives' and account executives, key accounts' demographics:
| Key Account Representative | Account Executive, Key Accounts | |
| Average age | 47 | 47 |
| Gender ratio | Male, 52.3% Female, 47.7% | Male, 61.4% Female, 38.6% |
| Race ratio | Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.3% Asian, 5.2% White, 72.7% American Indian and Alaska Native, 0.2% | 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 Percentage | 6% | 6% |