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Senior territory business manager vs territory manager

The differences between senior territory business managers 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 senior territory business manager and a territory manager. Additionally, a territory manager has an average salary of $73,728, which is higher than the $69,751 average annual salary of a senior territory business manager.

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

Senior territory business manager vs territory manager overview

Senior Territory Business ManagerTerritory Manager
Yearly salary$69,751$73,728
Hourly rate$33.53$35.45
Growth rate5%5%
Number of jobs112,398106,325
Job satisfaction-4
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 78%
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 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.

Senior territory business manager vs territory manager salary

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

Senior Territory Business ManagerTerritory Manager
Average salary$69,751$73,728
Salary rangeBetween $47,000 And $101,000Between $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 senior territory business manager and territory manager education

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

Senior Territory Business ManagerTerritory Manager
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior territory business manager vs territory manager demographics

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

Senior Territory Business ManagerTerritory Manager
Average age4646
Gender ratioMale, 51.5% Female, 48.5%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 senior territory business manager and territory 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 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

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

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