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Sales account manager vs territory account manager

The differences between sales account managers and territory 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 sales account manager and a territory account manager. Additionally, a territory account manager has an average salary of $65,808, which is higher than the $58,630 average annual salary of a sales account manager.

The top three skills for a sales account manager include customer service, CRM and customer satisfaction. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Sales account manager vs territory account manager overview

Sales Account ManagerTerritory Account Manager
Yearly salary$58,630$65,808
Hourly rate$28.19$31.64
Growth rate5%5%
Number of jobs163,697163,183
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 80%
Average age4646
Years of experience88

What does a sales account manager do?

The account sales manager is in charge of the retention of their customer relationship. They have to supervise the portfolio of existing clients, develop new business with them, and seek new sales opportunities. Account sales managers act as liaisons between the company and customer as well as build strong, long-lasting relationships by providing an improved customer experience. It is their responsibility to negotiate contracts and close deals to maximize sales profits. Also, they forecast track sales results and prepare reports on account status.

What does a territory account manager do?

Territory account managers are sales professionals who take responsibility for the maintenance of customer relationships. These managers learn how clients do business and establish a better understanding of customer interaction. They generate sales with client accounts using techniques such as cross-selling and upselling. It is their job to ensure that their clients receive the requested services and products on time. They also maintain long-term account relationships. The core skills for this job include strong communication skills, leadership skills, and attention to detail.

Sales account manager vs territory account manager salary

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

Sales Account ManagerTerritory Account Manager
Average salary$58,630$65,808
Salary rangeBetween $33,000 And $101,000Between $44,000 And $98,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateHawaiiNew Jersey
Best paying companyGoogleHitachi Vantara
Best paying industryTechnologyTechnology

Differences between sales account manager and territory account manager education

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

Sales Account ManagerTerritory Account Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Sales account manager vs territory account manager demographics

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

Sales Account ManagerTerritory Account Manager
Average age4646
Gender ratioMale, 63.4% Female, 36.6%Male, 70.0% Female, 30.0%
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 sales account manager and territory account manager duties and responsibilities

Sales account manager example responsibilities.

  • Manage RFQ/RFP responses to telecommunication, government and utility customers utilizing CRM system to manage customers.
  • Recruit to develop and manage new sales territory selling MRO industrial goods and services to existing and potential customers.
  • Manage and coordinate daily sales activities through target cold calling and telemarketing.
  • Organize and maintain existing national clients for process refrigeration and HVAC maintenance and service.
  • Maintain database, create mailers, and work in SalesForce to determine new possible clients.
  • Founded in 1935 ATD has grown from a regional family-own company to a successful nationwide distribution enterprise.
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Territory account manager example responsibilities.

  • Manage a sales territory for an OEM distributor of power transmission, motion control and automation devices.
  • Manage three CRM systems for notes/payments/renewals/tracking/proposals and quotes.
  • Generate leads, prepare RFP responses, build relationships, identify business/functional requirements, present technical solutions and negotiate contracts.
  • Map strategies to meet establish performance standards and to boost resource return on investment (ROI).
  • Develop pricing proposal and ROI for customers
  • Work within three CRM systems for notes/payments/renewals/tracking/proposals and quotes.
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Sales account manager vs territory account manager skills

Common sales account manager skills
  • Customer Service, 13%
  • CRM, 8%
  • Customer Satisfaction, 5%
  • Account Management, 5%
  • Product Knowledge, 4%
  • Business Development, 4%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%

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