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The differences between retail account managers and managers, account executive 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 manager and a manager, account executive. Additionally, a retail account manager has an average salary of $71,641, which is higher than the $67,275 average annual salary of a manager, account executive.
The top three skills for a retail account manager include customer service, customer relationships and account management. The most important skills for a manager, account executive are business development, revenue growth, and sales process.
| Retail Account Manager | Manager, Account Executive | |
| Yearly salary | $71,641 | $67,275 |
| Hourly rate | $34.44 | $32.34 |
| Growth rate | 5% | 5% |
| Number of jobs | 208,971 | 191,240 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 74% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A retail account manager is primarily in charge of liaising with retail accounts and suppliers, establishing positive business relationships. Among their responsibilities include researching new business and client opportunities, communicating with key accounts to identify and meet their needs, and develop sales strategies. They may also perform clerical tasks such as preparing and processing documentation, handling calls and correspondence, and maintaining extensive records. Furthermore, as a retail account manager, it is essential to lead and serve as a mentor to staff while implementing the company's policies and regulations.
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.
Retail account managers and managers, account executive have different pay scales, as shown below.
| Retail Account Manager | Manager, Account Executive | |
| Average salary | $71,641 | $67,275 |
| Salary range | Between $42,000 And $120,000 | Between $38,000 And $117,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | AbbVie |
| Best paying industry | - | Technology |
There are a few differences between a retail account manager and a manager, account executive in terms of educational background:
| Retail Account Manager | Manager, Account Executive | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between retail account managers' and managers, account executive' demographics:
| Retail Account Manager | Manager, Account Executive | |
| Average age | 46 | 46 |
| Gender ratio | Male, 60.9% Female, 39.1% | Male, 57.1% Female, 42.9% |
| 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% |