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Manager, account executive vs territory account manager

The differences between managers, account executive 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 a manager, account executive and a territory account manager. Additionally, a manager, account executive has an average salary of $67,275, which is higher than the $65,808 average annual salary of a territory account manager.

The top three skills for a manager, account executive include business development, revenue growth and sales process. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Manager, account executive vs territory account manager overview

Manager, Account ExecutiveTerritory Account Manager
Yearly salary$67,275$65,808
Hourly rate$32.34$31.64
Growth rate5%5%
Number of jobs191,240163,183
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 80%
Average age4646
Years of experience88

What does a manager, account executive do?

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.

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.

Manager, account executive vs territory account manager salary

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

Manager, Account ExecutiveTerritory Account Manager
Average salary$67,275$65,808
Salary rangeBetween $38,000 And $117,000Between $44,000 And $98,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkNew Jersey
Best paying companyAbbVieHitachi Vantara
Best paying industryTechnologyTechnology

Differences between manager, account executive and territory account manager education

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

Manager, Account ExecutiveTerritory Account Manager
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Manager, account executive vs territory account manager demographics

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

Manager, Account ExecutiveTerritory Account Manager
Average age4646
Gender ratioMale, 57.1% Female, 42.9%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 manager, account executive and territory account manager duties and responsibilities

Manager, account executive example responsibilities.

  • Secure contracts, manage projects, respond to RFP's, manage ROI and various other duties.
  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Measure ROI on specific product marketing vehicles such as print publications, affiliate marketing and shopping comparison websites.
  • Design respiratory metrics system target to improve healthcare outcomes of respiratory patients.
  • Recruit the most qualify healthcare administrative and revenue cycle professionals; interview and identify temporary and temporary-to-hire opportunities for candidates.
  • Conduct regular account appraisals to accelerate customer adoption by working closely with the customer to educate and assess cloud technology needs.
  • 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

Manager, account executive vs territory account manager skills

Common manager, account executive skills
  • Business Development, 11%
  • Revenue Growth, 9%
  • Sales Process, 9%
  • Customer Service, 6%
  • Product Knowledge, 6%
  • Account Management, 6%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%

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