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Territory account executive vs major account executive

The differences between territory account executives and major account executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a territory account executive has an average salary of $89,951, which is higher than the $79,860 average annual salary of a major account executive.

The top three skills for a territory account executive include salesforce, CRM and customer service. The most important skills for a major account executive are healthcare, salesforce, and cloud.

Territory account executive vs major account executive overview

Territory Account ExecutiveMajor Account Executive
Yearly salary$89,951$79,860
Hourly rate$43.25$38.39
Growth rate4%4%
Number of jobs207,014130,692
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 82%
Average age4744
Years of experience4-

What does a territory account executive do?

A territory account executive is in charge of overseeing and securing sales in a particular area. They mostly handle client accounts, usually offering products and services through face-to-face interactions, calls, or correspondence. Among their responsibilities include researching business and client opportunities, developing sales strategies, arranging appointments, discussing product specifications and payment terms, negotiating contracts, collecting fees, and building positive relationships with clients. Furthermore, a territory account executive must produce regular progress reports, coordinating with managers and staff.

What does a major account executive do?

A major account executive is responsible for handling client accounts and ensuring that their project requirements are met accordingly by following budget limitations and timetables. Major account executives determine strategic techniques to improve the client's brand image on the market and record progress based on the project's milestones. They also coordinate with the marketing and sales team to establish efficient campaigns and monitor sales performance. A major account executive conducts data and statistical analysis by evaluating the current market trends to identify opportunities that would generate more revenue resources and increase profitability.

Territory account executive vs major account executive salary

Territory account executives and major account executives have different pay scales, as shown below.

Territory Account ExecutiveMajor Account Executive
Average salary$89,951$79,860
Salary rangeBetween $50,000 And $161,000Between $52,000 And $121,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Riverbed Holdings, Inc.
Best paying industry-Utilities

Differences between territory account executive and major account executive education

There are a few differences between a territory account executive and a major account executive in terms of educational background:

Territory Account ExecutiveMajor Account Executive
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 82%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Territory account executive vs major account executive demographics

Here are the differences between territory account executives' and major account executives' demographics:

Territory Account ExecutiveMajor Account Executive
Average age4744
Gender ratioMale, 62.6% Female, 37.4%Male, 73.2% Female, 26.8%
Race ratioBlack or African American, 4.2% Unknown, 3.8% Hispanic or Latino, 13.6% Asian, 5.6% White, 72.6% American Indian and Alaska Native, 0.2%Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 15.7% Asian, 5.6% White, 67.7% American Indian and Alaska Native, 0.4%
LGBT Percentage6%5%

Differences between territory account executive and major account executive duties and responsibilities

Territory account executive example responsibilities.

  • Manage the development and integration of complete CRM efforts.
  • Manage payroll functions including check preparations, payroll reconciliation, and wire transfers.
  • Help facilitate strategic needs assessment for merchant campaigns target at ROI positive results.
  • Create new customers through existing data base and utilize CRM to maximize appointment quota.
  • Track customer activity using Salesforce.
  • Develop strategies using the competitive selling process throughout the sales cycle of qualify accounts document in Salesforce.com.
  • Show more

Major account executive example responsibilities.

  • Qualify new leads and request site surveys to determine serviceability of prospects, including submission of ROI analysis to sales management.
  • Assign to multiple teams to assess new prospecting tools, CRM's and order entry systems.
  • Utilize various CRM systems to effectively prospect for new business opportunities and track their progress through the sales pipeline.
  • Influence buying-decision by clearly demonstrating the value and strategic business fit of suggest SaaS solutions in impactful, roi-base presentations.
  • Charge with acquiring and maximizing revenue potential of client base applying ROI models and practical understanding of customers' corporate objectives.
  • Develop successful sales and marketing strategies for government, healthcare and education vertical markets.
  • Show more

Territory account executive vs major account executive skills

Common territory account executive skills
  • Salesforce, 20%
  • CRM, 17%
  • Customer Service, 13%
  • Sales Cycle, 8%
  • Customer Accounts, 7%
  • Account Executives, 6%
Common major account executive skills
  • Healthcare, 10%
  • Salesforce, 9%
  • Cloud, 8%
  • Sales Process, 8%
  • Account Management, 7%
  • Trade Shows, 5%