Account Executive duties and responsibilities
Account Executives are essential for the sales team of any company to succeed. To facilitate proper maintenance and expansion of customer accounts, an Account Executive must carry out several essential duties, including:
- Cold-calling potential customers, prospecting for accounts, and generating and following leads
- Generating new sales
- Closing contracts and extending accounts
- Managing a team of Sales Representatives and encouraging cooperation
- Teaching clients about all relevant goods and/or services
- Developing effective solutions to customer problems
- Keeping organized records and tracking progress toward business goals and quotas using automation tools
Account Executive skills and qualifications
In order to fulfill their duties, Account Executives need to possess a variety of different skills and qualifications to get the job done properly, including:
- Problem-solving skills
- Interpersonal skills
- Knowledge of the latest advertising and marketing trends
- Written and oral communication
- Decision making
- Deep understanding of business sales processes
- Microsoft Office and CRM software
- Negotiation skills
Account Executive experience requirements
Account Executives are managers in their own right, so the position requires a bit of experience in whatever industry the prospective employee will be working in. While it may not be necessary to have experience with the particular products a company is offering, an Account Executive typically must have at least three years of experience in sales working under another Account Executive.
Account Executive education and training requirements
An Account Executive position typically requires at least a bachelor’s degree in a field such as communications, marketing, business administration, or anything else relevant. While a master’s degree may be preferred and even necessary for those looking to pursue more senior roles later, this is not required in most cases. As for training, an Account Executive should already know negotiation techniques and have customer service skills. All they would need training on is the company’s products, but even that is already expected in some cases when Account Executives are hired from within a business.
Account Executive salary expectations
According to Indeed Salaries, the average salary for an Account Executive is $70,872 per year. Of course, individual salaries depend on the experience of the worker, the location of the position, and the company itself.
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