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Senior key accounts manager vs territory account manager

The differences between senior key accounts 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 senior key accounts manager and a territory account manager. Additionally, a senior key accounts manager has an average salary of $110,294, which is higher than the $65,808 average annual salary of a territory account manager.

The top three skills for a senior key accounts manager include portfolio, CRM and IRI. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Senior key accounts manager vs territory account manager overview

Senior Key Accounts ManagerTerritory Account Manager
Yearly salary$110,294$65,808
Hourly rate$53.03$31.64
Growth rate5%5%
Number of jobs103,873163,183
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 80%
Average age4646
Years of experience88

What does a senior key accounts manager do?

A senior key account manager is responsible for managing a team of junior-level employees in handling multiple client accounts to achieve sales objectives. This manager is required to develop and implement effective strategic plans that will reduce the organization's rate of attrition. They also monitor the activities of their competitors, gather and analyze data, create reports for their senior key account management, and aid in their business decision-making strategy. This manager must also attend tradeshows and sales seminars to identify key account prospects.

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.

Senior key accounts manager vs territory account manager salary

Senior key accounts managers and territory account managers have different pay scales, as shown below.

Senior Key Accounts ManagerTerritory Account Manager
Average salary$110,294$65,808
Salary rangeBetween $75,000 And $162,000Between $44,000 And $98,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-Hitachi Vantara
Best paying industry-Technology

Differences between senior key accounts manager and territory account manager education

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

Senior Key Accounts ManagerTerritory Account Manager
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior key accounts manager vs territory account manager demographics

Here are the differences between senior key accounts managers' and territory account managers' demographics:

Senior Key Accounts ManagerTerritory Account Manager
Average age4646
Gender ratioMale, 72.7% Female, 27.3%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 senior key accounts manager and territory account manager duties and responsibilities

Senior key accounts manager example responsibilities.

  • Manage a local sales portfolio and 2 staff members towards achieving and exceeding budget.
  • Manage a portfolio of accounts as well as dealt with all aspects of a campaign.
  • Manage and grow sales within Anheuser-Busch's highly visible casual dining, club and venue segments.
  • Manage and exceed all KPI's including net sales, trade rates and new item distribution.
  • Develop strategic business plans and manage customer's $1.2MM advertising budget, delivering significant ROI results.
  • Promote to manage Kroger Memphis, Nashville, Atlanta, Mid-Atlantic, Dallas, and Houston marketing areas.
  • Show more

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.
  • Show more

Senior key accounts manager vs territory account manager skills

Common senior key accounts manager skills
  • Portfolio, 17%
  • CRM, 8%
  • IRI, 8%
  • Revenue Growth, 8%
  • Customer Satisfaction, 7%
  • Technical Support, 7%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%

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