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Senior territory business manager vs territory account manager

The differences between senior territory business 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 territory business manager and a territory account manager. Additionally, a senior territory business manager has an average salary of $69,751, which is higher than the $65,808 average annual salary of a territory account manager.

The top three skills for a senior territory business manager include neurologists, business development and oncology. The most important skills for a territory account manager are customer service, CRM, and product knowledge.

Senior territory business manager vs territory account manager overview

Senior Territory Business ManagerTerritory Account Manager
Yearly salary$69,751$65,808
Hourly rate$33.53$31.64
Growth rate5%5%
Number of jobs112,398163,183
Job satisfaction--
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 80%
Average age4646
Years of experience88

What does a senior territory business manager do?

A senior territory business manager is responsible for overseeing the business functions and operations under the assigned district. Senior territory business managers strategize project management techniques to handle the company's key accounts efficiently. They also identify business opportunities by conducting data and statistical analysis to generate more revenue resources and increase profits for the business. A senior territory business manager coordinates with clients, negotiates contracts and agreements, and maintain healthy business relationships with business partners.

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 territory business manager vs territory account manager salary

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

Senior Territory Business ManagerTerritory Account Manager
Average salary$69,751$65,808
Salary rangeBetween $47,000 And $101,000Between $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 territory business manager and territory account manager education

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

Senior Territory Business ManagerTerritory Account Manager
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 80%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior territory business manager vs territory account manager demographics

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

Senior Territory Business ManagerTerritory Account Manager
Average age4646
Gender ratioMale, 51.5% Female, 48.5%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 territory business manager and territory account manager duties and responsibilities

Senior territory business manager example responsibilities.

  • Utilize on-line agency managing software which aides in conformation of patient progress note submission to Medicare regulation standards.
  • Accomplish this by actively prospecting new business, maintaining accountability on all sales efforts, and actualizing attentiveness to detail.
  • Certify compliant with product knowledge, BMS behaviors, assign learning modules, and hands-on defensive driving.
  • Service hospitals by educating and selling the benefits of BMS products in the institutional setting.
  • Review physician notes and operative reports to determine appropriate coding for patients on Medicare and other private insurance companies.
  • Set up and train production staff to utilize QuickBooks for assembly company inventory system for accurate information provide to commercial customers.
  • 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 territory business manager vs territory account manager skills

Common senior territory business manager skills
  • Neurologists, 16%
  • Business Development, 15%
  • Oncology, 13%
  • BMS, 11%
  • Disease State, 11%
  • Sales Performance, 8%
Common territory account manager skills
  • Customer Service, 10%
  • CRM, 9%
  • Product Knowledge, 7%
  • Healthcare, 6%
  • Salesforce, 6%
  • Business Development, 5%

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