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Retail account executive vs account manager

The differences between retail account executives and 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 retail account executive and an account manager. Additionally, a retail account executive has an average salary of $70,523, which is higher than the $68,535 average annual salary of an account manager.

The top three skills for a retail account executive include customer service, sales objectives and sales process. The most important skills for an account manager are customer service, account management, and healthcare.

Retail account executive vs account manager overview

Retail Account ExecutiveAccount Manager
Yearly salary$70,523$68,535
Hourly rate$33.91$32.95
Growth rate5%5%
Number of jobs167,927152,261
Job satisfaction-4
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a retail account executive do?

Retail account executives, also referred to as account handlers, work in almost all fields in a retail store or company to help find leads, close deals with customers, formulate strategies to sell slow-moving products, and communicate product value to customers. Their duties and responsibilities include compiling and analyzing data to find trends, providing support to clients by finding out what they are looking for, and handling complaints and negotiations.

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.

Retail account executive vs account manager salary

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

Retail Account ExecutiveAccount Manager
Average salary$70,523$68,535
Salary rangeBetween $52,000 And $94,000Between $42,000 And $110,000
Highest paying City-San Francisco, CA
Highest paying state-Washington
Best paying company-NVIDIA
Best paying industry-Technology

Differences between retail account executive and account manager education

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

Retail Account ExecutiveAccount Manager
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Retail account executive vs account manager demographics

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

Retail Account ExecutiveAccount Manager
Average age4646
Gender ratioMale, 49.6% Female, 50.4%Male, 54.8% Female, 45.2%
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 retail account executive and account manager duties and responsibilities

Retail account executive example responsibilities.

  • Manage inter-company reconciliations, corporate credit card reconciliations, expense reports and purchase order approvals.
  • Manage retail accounting month-end processes, including account reconciliations and retail sales tax reporting and compliance, ensuring data integrity.
  • Process accounts payable, accounts receivables and payroll transactions, and monitor collection activity within compliance of SOX utilizing customize software.
  • Serve as primary troubleshooter for all retail systems (process, POS issues, etc .).
  • Provide informational technology functions and support to vendor partner location such as: kiosk and computer POS setup.
  • Approach customers, upselling the benefits of an alternative, mobile Internet solutions.
  • 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

Retail account executive vs account manager skills

Common retail account executive skills
  • Customer Service, 24%
  • Sales Objectives, 7%
  • Sales Process, 6%
  • Sales Associates, 5%
  • PowerPoint, 5%
  • Cold Calls, 5%
Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%

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