Post job

Major account executive vs territory account manager

The differences between major account executives and territory account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a major account executive has an average salary of $79,860, which is higher than the $65,808 average annual salary of a territory account manager.

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

Major account executive vs territory account manager overview

Major Account ExecutiveTerritory Account Manager
Yearly salary$79,860$65,808
Hourly rate$38.39$31.64
Growth rate4%5%
Number of jobs130,692163,183
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 80%
Average age4446
Years of experience-8

What does a major account executive do?

A major account executive is responsible for handling client accounts and ensuring that their project requirements are met accordingly by following budget limitations and timetables. Major account executives determine strategic techniques to improve the client's brand image on the market and record progress based on the project's milestones. They also coordinate with the marketing and sales team to establish efficient campaigns and monitor sales performance. A major account executive conducts data and statistical analysis by evaluating the current market trends to identify opportunities that would generate more revenue resources and increase profitability.

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.

Major account executive vs territory account manager salary

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

Major Account ExecutiveTerritory Account Manager
Average salary$79,860$65,808
Salary rangeBetween $52,000 And $121,000Between $44,000 And $98,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaNew Jersey
Best paying companyRiverbed Holdings, Inc.Hitachi Vantara
Best paying industryUtilitiesTechnology

Differences between major account executive and territory account manager education

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

Major Account ExecutiveTerritory Account Manager
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Major account executive vs territory account manager demographics

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

Major Account ExecutiveTerritory Account Manager
Average age4446
Gender ratioMale, 73.2% Female, 26.8%Male, 70.0% Female, 30.0%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 15.7% Asian, 5.6% White, 67.7% 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 major account executive and territory account manager duties and responsibilities

Major account executive example responsibilities.

  • Qualify new leads and request site surveys to determine serviceability of prospects, including submission of ROI analysis to sales management.
  • Assign to multiple teams to assess new prospecting tools, CRM's and order entry systems.
  • Utilize various CRM systems to effectively prospect for new business opportunities and track their progress through the sales pipeline.
  • Influence buying-decision by clearly demonstrating the value and strategic business fit of suggest SaaS solutions in impactful, roi-base presentations.
  • Charge with acquiring and maximizing revenue potential of client base applying ROI models and practical understanding of customers' corporate objectives.
  • Develop successful sales and marketing strategies for government, healthcare and education vertical markets.
  • 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

Major account executive vs territory account manager skills

Common major account executive skills
  • Healthcare, 10%
  • Salesforce, 9%
  • Cloud, 8%
  • Sales Process, 8%
  • Account Management, 7%
  • Trade Shows, 5%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%