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Salary and Benefits

Territory Business Manager
$70K-$85K / yr. (est.)
$70K
$78,068 / year
$86K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Territory Business Manager

What does a Territory Business Manager do?

As Territory Business Managers, our primary responsibilities include managing and growing sales within a specific geographical area. We establish and maintain relationships with clients and stakeholders, ensuring that our products and services meet their needs. By analyzing market trends and competitor activities, we develop strategic plans to achieve sales targets and expand market share. Additionally, we provide training and support to sales teams to enhance their effectiveness. We frequently travel within the territory to meet clients and attend industry events.

Core tasks:

  • Identifying and pursuing new business opportunities within the territory
  • Building and maintaining strong client relationships
  • Developing sales strategies and setting sales targets
  • Monitoring market trends and competitor activities
  • Conducting product presentations and training sessions

Insights

How Many Years of Experience Do Professionals Need Before Becoming Territory Business Manager?
On average, people work 7+ years in other positions prior to becoming a Territory Business Manager.
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Territory Business ManagerDallas, TX - A year ago
🙄 don't hate on it, experience brings valuable skills to the table, it's definitely worth it
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Territory Business ManagerMiami, FL - A year ago
i understand the need for experience, but i think 7 years is a bit excessive for this position 😡
How Long Do Territory Business Manager Employees Typically Stay in Their Roles?
On average, Territory Business Managers works in this position for 3-5 years across multiple employers.
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Pharmaceutical Sales RepresentativeHouston, TX - A year ago
I've been grinding it out in pharmaceutical sales for 5 years now, and this stat hurts my soul 🔥
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Account ManagerMiami, FL - A year ago
This is ridiculous! How can an account manager stay in the same position for 3-5 years without any career advancement? Who's making these infographics? 😡
What Is the Job Hopper Score for Territory Business Manager Employees?
Moderate job changes in Territory Business Manager, showing some career movement without excessive turnover.
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Account ExecutiveHouston, TX - A year ago
So many changes make it hard to build lasting relationships with customers. Are these Territory Business Managers even sticking around long enough to get the job done? 🤔
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Marketing CoordinatorMiami, FL - A year ago
There's nothing wrong with trying out different roles to find your true calling. Kudos to these Territory Business Managers for exploring their options! 👏

Career path

Path to job

Discover a Territory Business Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Territory Business Manager typically studied at.
Arizona State University-Tempe
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Territory Business Manager Employees?
Gender ratio in Territory Business Manager position: 0.594514930155069 Male and 0.405485069844931 Female. Age ratio in Territory Business Manager position: 16-20: 1%, 21-30: 37%, 31-40: 39%, 41-50: 19%, 51-60: 4%, 60+: 0%. Territory Business Manager position is predominantly male (59.5%) with the largest age group being 31-40 years old, followed by 21-30 years old.
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Territory Business ManagerHouston, TX - A year ago
this age distribution really shows how young people dominate the field! 🙌
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Territory Business ManagerPhiladelphia, PA - A year ago
this is just another example of a male-dominated industry. it's frustrating. 😡

Workplaces

Who Are the Top Employers for Territory Business Manager?
Top employers of Territory Business Manager position: Alkermes, Biogen, Bristol-Myers Squibb. People who work in Territory Business Manager position most typically go on to work for the Alkermes.
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Territory Business ManagerChicago, IL - A year ago
I disagree with all of you! Biogen might offer good salary, but Bristol-Myers Squibb has a better work-life balance, which is crucial.
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Territory Business ManagerMiami, FL - A year ago
As a Territory Business Manager, I've worked for all three, and Alkermes offers the best training and support for their employees!
Alkermes
Biogen
Bristol-Myers Squibb
What Industries Does Territory Business Manager Typically Have Experience In?
Industry Background: The most typical industries of Territory Business Manager: Manufacturing, Retail, Health Care, Professional / Scientific / Technical, Information Technology. Territory Business Manager employees most likely come from a Manufacturing industry background.
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Territory Business ManagerHouston, TX - A year ago
Hold on a second! In the Professional / Scientific / Technical industry, being a Territory Business Manager is all about leveraging data analytics, identifying opportunities for business growth, and providing strategic recommendations. It requires a strong analytical mindset and problem-solving abilities! 💼
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Territory Business ManagerPhiladelphia, PA - A year ago
guys, guys chill... being a Territory Business Manager in Information Technology is unique and it's not fair to compare it with other industries. We have to stay updated with the latest tech trends, anticipate customer needs, and build long-lasting relationships. It requires both technical knowledge and sales skills! 😎

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Discussion about Territory Business Manager

Want to know more about Territory Business Manager position?
Share your thoughts and ideas about Territory Business Manager position with others in our community.
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How is the gender diversity among people working as a Territory Business Manager?
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Benjamin Gardner3 years ago
This is a well balanced profession, about half of the people are women.
What is the most common age of a Territory Business Manager?
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Benjamin Gardner3 years ago
The typical age is 33.
Is a Territory Business Manager considered to be a junior profession?
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Isabella Holmes3 years ago
On average, people have 7 years of experience when they start working as a Territory Business Manager
Which industries should a Territory Business Manager consider working in?
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Benjamin Gardner3 years ago
For a Territory Business Manager it’s the most likely to work in the Manufacturing.
Is it encouraged to have a degree as a Territory Business Manager?
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Isabella Holmes3 years ago
A Bachelor of Science degree could not hurt if you want to be a Territory Business Manager
Which company are you working for as a Territory Business Manager?
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Isabella Holmes3 years ago
Working as a Territory Business Manager it might be a good next step to work for Alkermes, Biogen, Bristol-Myers Squibb, Dexcom and Zoetis
How many years do people spend as a Territory Business Manager in their career path?
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Isabella Holmes3 years ago
4 years is the typical lifespan for a Territory Business Manager.
How likely is it for people working as a Territory Business Manager to switch companies still working as a Territory Business Manager?
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Benjamin Gardner3 years ago
The job hopper score is medium for a Territory Business Manager.
What work history do people usually have before becoming a Territory Business Manager?
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Liam Brown3 years ago
Typical prior positions for a Territory Business Manager are Sales Representative, Territory Manager or Pharmaceutical Sales Representative
Working as a Territory Business Manager what job titles should I consider to switch to?
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Isabella Holmes3 years ago
Changing from a Territory Business Manager to Territory Manager, Sales Representative or Account Manager is a typical career path.
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