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The differences between territory managers and sales team leaders can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a territory manager, becoming a sales team leader takes usually requires 4-6 years. Additionally, a territory manager has an average salary of $73,728, which is higher than the $51,578 average annual salary of a sales team leader.
The top three skills for a territory manager include customer service, patients and product knowledge. The most important skills for a sales team leader are sales floor, product knowledge, and customer service.
| Territory Manager | Sales Team Leader | |
| Yearly salary | $73,728 | $51,578 |
| Hourly rate | $35.45 | $24.80 |
| Growth rate | 5% | 4% |
| Number of jobs | 106,325 | 227,509 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 60% |
| Average age | 46 | 43 |
| Years of experience | 8 | 6 |
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.
A sales team leader oversees the sales operations within a particular area, ensuring to reach goals within the allotted time. They are primarily responsible for setting goals, devising sales strategies, evaluating sales team performance, assigning tasks, and providing support and corrective measures should there be any concerns. Furthermore, as a team leader, it is essential to encourage the sales force, shape them into valuable members of the company, and implement all of the organization's regulations and policies.
Territory managers and sales team leaders have different pay scales, as shown below.
| Territory Manager | Sales Team Leader | |
| Average salary | $73,728 | $51,578 |
| Salary range | Between $46,000 And $117,000 | Between $35,000 And $73,000 |
| Highest paying City | Seattle, WA | Middletown, NJ |
| Highest paying state | Alaska | Rhode Island |
| Best paying company | FUJIFILM Diosynth Biotechnologies | Idera |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a territory manager and a sales team leader in terms of educational background:
| Territory Manager | Sales Team Leader | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Southern California | SUNY College of Technology at Delhi |
Here are the differences between territory managers' and sales team leaders' demographics:
| Territory Manager | Sales Team Leader | |
| Average age | 46 | 43 |
| Gender ratio | Male, 71.3% Female, 28.7% | Male, 60.4% Female, 39.6% |
| Race ratio | 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% | Black or African American, 8.4% Unknown, 4.6% Hispanic or Latino, 17.8% Asian, 6.9% White, 61.6% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 7% | 9% |