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Product specialist vs account manager

The differences between product specialists and account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a product specialist, becoming an account manager takes usually requires 6-8 years. Additionally, a product specialist has an average salary of $85,932, which is higher than the $68,535 average annual salary of an account manager.

The top three skills for a product specialist include customer service, product knowledge and sales floor. The most important skills for an account manager are customer service, account management, and healthcare.

Product specialist vs account manager overview

Product SpecialistAccount Manager
Yearly salary$85,932$68,535
Hourly rate$41.31$32.95
Growth rate19%5%
Number of jobs103,863152,261
Job satisfaction54
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 70%
Average age3746
Years of experience68

What does a product specialist do?

A product specialist is required to have excellent knowledge about a product and work with a business unit to ensure excellent product delivery. Product specialists perform product demonstrations to customers and other stakeholders and assist in their promotions and product releases. To gain increased revenue, product specialists must be able to identify new market opportunities. They are required to conduct product and sales training for the marketing team. They must also provide reports about their product-related activities to the management.

What does an account manager do?

Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.

Product specialist vs account manager salary

Product specialists and account managers have different pay scales, as shown below.

Product SpecialistAccount Manager
Average salary$85,932$68,535
Salary rangeBetween $56,000 And $130,000Between $42,000 And $110,000
Highest paying CitySan Bruno, CASan Francisco, CA
Highest paying stateCaliforniaWashington
Best paying companyByteDanceNVIDIA
Best paying industryTechnologyTechnology

Differences between product specialist and account manager education

There are a few differences between a product specialist and an account manager in terms of educational background:

Product SpecialistAccount Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Southern California

Product specialist vs account manager demographics

Here are the differences between product specialists' and account managers' demographics:

Product SpecialistAccount Manager
Average age3746
Gender ratioMale, 59.8% Female, 40.2%Male, 54.8% Female, 45.2%
Race ratioBlack or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.5% Asian, 10.6% White, 66.6% American Indian and Alaska Native, 0.1%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 Percentage10%7%

Differences between product specialist and account manager duties and responsibilities

Product specialist example responsibilities.

  • Create and manage RFP responses for potential customers and develop product quotes base on customer requirements.
  • Manage projects and priorities list of ongoing engineering plans base on ROI and business needs, and relay to operations regularly.
  • Perform weekly review and update of lead list against opportunities manage in Salesforce.com.
  • Manage telephone relationships with senior management of client companies to troubleshoot and develop product.
  • Participate in CAPA activities as required.
  • Develop generic UI's that includes re-branding & re-skinning of product.
  • Show more

Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
  • Show more

Product specialist vs account manager skills

Common product specialist skills
  • Customer Service, 19%
  • Product Knowledge, 7%
  • Sales Floor, 7%
  • Patients, 6%
  • Excellent Interpersonal, 4%
  • Windows, 3%
Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%

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