Q: Is territory manager a good job?

Yes, being a territory manager is a good job. Territory managers make good money, and there are no formal education requirements. Working as a territory manager can be an exciting career with no two workdays looking the same.

Question 1

How much does a territory account manager make?

Accepted Answer

Territory account managers make around $85,000 annually, though some may make upwards of $118,400 per year. Incentives are also given to territory account managers for successful retention and conversion of clients or customers. These incentives are often given as performance bonuses.

Question 2

What is a territory sales manager?

Accepted Answer

A territory sales manager is an individual who monitors sales activity for a specific region, as designated by their employer. These individuals monitor sales teams, provide strategies for field sales teams, and train new sales reps for the position. They're also responsible for increasing brand awareness in their specified region.

Question 3

What is the difference between an area sales manager and a territory sales manager?

Accepted Answer

The difference between an area sales manager and a territory sales manager lies in the experience and responsibilities given.

Area managers are expected to manage a team, make presentations, and hit goals in a specific area. Territory sales managers are expected to implement new strategies, expand or decrease sales teams, and ensure all numbers are hit by their area managers and their teams within a region.

Question 4

How much does a sales manager typically make?

Accepted Answer

A sales manager typically makes between $55,000 and $120,000 per year. This salary range represents sales manager positions spanning a massive range of industries, locations, and experience levels.

Question 5

How much does a territory sales manager earn?

Accepted Answer

A territory sales manager earns approximately $68,200 per year, with room for growth depending on the company and responsibilities added. Most territory sales managers are granted base pay with some added incentives as provided by the company. Location and industry saturation also play a part in base salary calculations.

Question 6

How much do territory sales reps make?

Accepted Answer

Territory sales reps make around $72,500 per year on average. Most entry-level positions report earning about $50,200 per year, while higher-level territory sales reps make approximately $113,000 annually. Most territory sales reps are offered some sort of commission to complement their base salary.

Question 7

How much does a sales territory manager make?

Accepted Answer

Sales territory managers make about $99,700 on average per year. This is the median salary for the position, though some individuals, especially those with extensive experience and sales acumen, make upward of $146,100 per year. The average starting salary for a sales territory manager hovers around $61,800.

Question 8

Is territory manager a good job?

Accepted Answer

Yes, being a territory manager is a good job. Territory managers make good money, and there are no formal education requirements. Working as a territory manager can be an exciting career with no two workdays looking the same.

Question 9

What are the roles of a territory manager?

Accepted Answer

The roles of a territory manager are to manage everything regarding the oversight of a company's sales operations in a specific geographic region.

This includes taking on the roles of managing the sales reps located in that area, serving as the main connection between that territory and HQ, training sales reps, and coordinating regional sales strategies.

Question 10

What is a territory manager in sales?

Accepted Answer

A territory manager in sales is a sales professional who oversees the daily sales operations of sales representatives that are assigned to a particular geographical area. They train sales employees, develop effective sales strategies, and ensure that sales quotas for an assigned territory are met.

Question 11

What skills are required to be a territory manager?

Accepted Answer

The skills required to be a territory manager include excellent sales skills, business acumen, and highly developed leadership ability. To stand out as a territory manager, a person should ensure that they also have analytical skills, research skills, and communication skills.

Frequently asked questions about territory sales managers

Questions about becoming a territory sales manager