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The differences between relationship account managers and inside sales 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 relationship account manager and an inside sales account manager. Additionally, a relationship account manager has an average salary of $65,213, which is higher than the $60,413 average annual salary of an inside sales account manager.
The top three skills for a relationship account manager include account management, CRM and business development. The most important skills for an inside sales account manager are customer service, account management, and CRM.
| Relationship Account Manager | Inside Sales Account Manager | |
| Yearly salary | $65,213 | $60,413 |
| Hourly rate | $31.35 | $29.04 |
| Growth rate | 5% | 5% |
| Number of jobs | 149,358 | 157,914 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Relationship Account Managers help financial service organizations oversee sales and nourish their relationship with the assigned clients. They are assigned to clients depending on the service needs, product needs, industry, and geography. These professionals ensure the products or services perform to expectations by engaging with the assigned clients. They launch other groups' complementary products or services and recommend new services or products. Also, they ensure new accounts generate more sales revenue by contacting new potential clients.
An inside sales account manager oversees the operations and workforce performance within an inside sales team, ensuring efficiency and profit growth. Their duties revolve around monitoring sales progress, devising new strategies to identify new business and marketing opportunities, maintaining records of all transactions, identifying inconsistencies and errors, performing corrective measures, producing sales forecasts, and supervising accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach sales targets, all while implementing the company's policies and regulations.
Relationship account managers and inside sales account managers have different pay scales, as shown below.
| Relationship Account Manager | Inside Sales Account Manager | |
| Average salary | $65,213 | $60,413 |
| Salary range | Between $46,000 And $91,000 | Between $40,000 And $90,000 |
| Highest paying City | Richmond, CA | Seattle, WA |
| Highest paying state | New York | Oregon |
| Best paying company | Adobe | Apple |
| Best paying industry | Finance | Technology |
There are a few differences between a relationship account manager and an inside sales account manager in terms of educational background:
| Relationship Account Manager | Inside Sales Account Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between relationship account managers' and inside sales account managers' demographics:
| Relationship Account Manager | Inside Sales Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 56.6% Female, 43.4% |
| 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% |