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Retail account executive vs territory manager

The differences between retail account executives and territory 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 a territory manager. Additionally, a territory manager has an average salary of $73,728, which is higher than the $70,523 average annual salary of a retail account executive.

The top three skills for a retail account executive include customer service, sales objectives and sales process. The most important skills for a territory manager are customer service, patients, and product knowledge.

Retail account executive vs territory manager overview

Retail Account ExecutiveTerritory Manager
Yearly salary$70,523$73,728
Hourly rate$33.91$35.45
Growth rate5%5%
Number of jobs167,927106,325
Job satisfaction-4
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 78%
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 a territory manager do?

A territory manager is responsible for monitoring the sales operations of the different sales team of an organization. One of the most crucial duties of a territory manager is to encourage the sales team to provide the best results for increasing the company's profitability. Territory managers are conducting sales training, improving marketing strategies and approach, reviewing sales pitches, analyzing current market trends, and reaching sales goals. Territory managers must display exceptional leadership and customer service skills to manage customers' needs and identify more business opportunities.

Retail account executive vs territory manager salary

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

Retail Account ExecutiveTerritory Manager
Average salary$70,523$73,728
Salary rangeBetween $52,000 And $94,000Between $46,000 And $117,000
Highest paying City-Seattle, WA
Highest paying state-Alaska
Best paying company-FUJIFILM Diosynth Biotechnologies
Best paying industry-Pharmaceutical

Differences between retail account executive and territory manager education

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

Retail Account ExecutiveTerritory Manager
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Retail account executive vs territory manager demographics

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

Retail Account ExecutiveTerritory Manager
Average age4646
Gender ratioMale, 49.6% Female, 50.4%Male, 71.3% Female, 28.7%
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 territory 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

Territory manager example responsibilities.

  • Achieve MVP in Q3 2003 and Q1 through Q4 2004.
  • Manage promotional budgets focusing on high ROI events, thus increasing sales at lower promotional cost.
  • Manage all aspects of TM specification, sales, order management and delivery of customer's orders.
  • Generate leads through internet research, marketing, trade show participation, internal department cross-selling, and referrals.
  • Manage all aspects of SalesForce CRM integration and administration throughout the entire sales department
  • Achieve profitable relationships with current and prospective customers by providing exceptional customer support through attentiveness and extensive product knowledge.
  • Show more

Retail account executive vs territory 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 territory manager skills
  • Customer Service, 13%
  • Patients, 8%
  • Product Knowledge, 7%
  • Work Ethic, 7%
  • CRM, 5%
  • Excellent Interpersonal, 4%

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