Territory Account Manager Salary
A Territory Account Manager earns an average salary of $55,774 per year. The skills that increase pay for this job the most are Account Management, Account Sales, and Technical Sales.
|Salary||$34,052 - $82,687|
|Bonus||$2,035 - $39,548|
|Commission||$4,949 - $32,549|
|Total Pay (||$39,305 - $98,254|
Job Description for Territory Account Manager
A territory account manager uses mostly mental and communication skills when performing the job. This manager assesses a geographical territory and sells and closes new opportunities for a potential client. This job entails having usable knowledge of data entry and presentation software such as powerpoint. A territory account manager may work indoors when presenting opportunities for clients but may be required to be outdoors when judging a geographical location for sales, depending on client needs.Read More...
A territory account manager must have people and communication skills for clients, managers, and subordinates. Having previous positions in sales and/or communications may also be required in this position. Another skill a territory account manager may need is experience with computer technology and web technologies. Examples of this technology may include a working knowledge of salesforce.com and iCloud. A territory account manager may also be required to resolve client complaints by making reports, developing solutions to problems, investigating problems, and making recommendations to clients.
A four-year degree in fields such as communication, marketing, or a related field may also be a requirement for this position. The work usually involves standard daytime office hours. Years of experience in a related field may be required for this position, and it will certainly be helpful when applying.
Territory Account Manager Tasks
- Assess, plan, and manage a designated geographical territory to increase revenue and achieve sales goals.
- Travel to customer and company sites to conduct business.
- Resolve customer complaints through customer engagement, investigation, and development of solutions.
- Generate new business by building relationships and driving the business case to potential clients.
Pay by Experience Level for Territory Account Manager
Pay by Experience for a Territory Account Manager has a positive trend. An entry-level Territory Account Manager with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 39 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Territory Account Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $69,000 based on 30 salaries. An experienced Territory Account Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $81,000 based on 30 salaries. A Territory Account Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $83,000 based on 13 salaries.
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Key Stats for Territory Account Manager
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