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The differences between managers, account executive and account development 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 manager, account executive and an account development manager. Additionally, an account development manager has an average salary of $72,375, which is higher than the $67,275 average annual salary of a manager, account executive.
The top three skills for a manager, account executive include business development, revenue growth and sales process. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Manager, Account Executive | Account Development Manager | |
| Yearly salary | $67,275 | $72,375 |
| Hourly rate | $32.34 | $34.80 |
| Growth rate | 5% | 5% |
| Number of jobs | 191,240 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An account executive manager is responsible for handling client accounts and leading the account management procedures to promote the client's brand image in the market and maintain the highest satisfaction. Account executive managers work with the marketing and sales team to identify sales and promotional strategies that would increase revenues and product profits. They also review the current market trends to develop business opportunities according to client needs and public demands. An account executive manager coordinates with the clients for regular updates and informs them of business plan adjustments as needed.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Managers, account executive and account development managers have different pay scales, as shown below.
| Manager, Account Executive | Account Development Manager | |
| Average salary | $67,275 | $72,375 |
| Salary range | Between $38,000 And $117,000 | Between $43,000 And $120,000 |
| Highest paying City | New York, NY | Sacramento, CA |
| Highest paying state | New York | New York |
| Best paying company | AbbVie | NVIDIA |
| Best paying industry | Technology | Technology |
There are a few differences between a manager, account executive and an account development manager in terms of educational background:
| Manager, Account Executive | Account Development Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between managers, account executive' and account development managers' demographics:
| Manager, Account Executive | Account Development Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 57.1% Female, 42.9% | Male, 61.8% Female, 38.2% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |