Careernav offers career advice to students, career guidance to graduates and career development to emerging executives.

Sales & Key Account Management

Last modified: November 07, 2011, 01:25 PM
Save

This is an ideal career for visionary thinkers. Sales people are responsible for the organisation’s sales covering distribution to dealers, distributors, retailers and end user customers of the company's range of products. You sell approved marketing strategies and ensure the sales organisation gains effective product distribution, then use short and longer term promotion strategies to maximise sales volume and profitability.

Typical Career Progression

 
Position
 
Remuneration
Experience
Education
Start Position
Sales 
Representative
$50,000 to $70,000
$75,000 to $95,000 OTE
None required. Enthusiasm
Tertiary
1st Promotion
Account Manager
$70,000 to $80,000
$95,000 to $105,000 OTE
2 years
Tertiary
2nd Promotion
State Account Manager
$85,000 to $95,000
$105,000 to $125,000 OTE
3 to 4 years
Degree
3rd Promotion
State Manager 
 
 

 

National Account Manager

$125,000 to $150,000
$150,000 to $185,000 OTE
 
$105,000 to $135,000
$135,000 to $160,000 OTE
6 to 8 years
Degree
4th Promotion
National Business Manager
$120,000 to $150,000
$150,000 to $185,000 OTE
8 to 10 years
Degree
5th Promotion
Sales Director
$210,000 to $310,000
$250,000 to $365,000 OTE
10+ years
Post Graduate Degree

The salaries have been cross reviewed from a number of different sources including major corporations HR managers, and various industry salary surveys. They include On Target Earnings (OTE) or bonuses.

Typical Accountabilities & Responsibilities Account Management

Account Manager
Conducts sales and service negotiations with buyers. Promotes features of the company's products and services
State Account Manager
Same functions as ‘Account Manager’ only covers all accounts in a state
National Account Manager
Same function as ‘Account Manager’ only covers larger accounts with a national presence in all states
National Business Manager
Same function as National Account Manager but with overall responsibility for the major accounts, its promotional spend and results
Sales Director
Plans, controls and directs activities of the account management team and field sales force to obtain maximum sales volume. Negotiates trading terms at the highest level with major accounts. Responsible for trade promotion budget of many millions

Career Path Options & Employment

In a sales career you use behavioural competencies that can be adapted to a variety of occupations – your interpersonal skills are essential, so too is your ability to persuade and influence. A career in sales can merge into field force management or account management, marketing, general business, retail and even your own business if you’re an entrepreneur and can surround yourself with complementary support staff.

Almost all industries have a sales force or key account structure and the ability to generate above target sales figures is highly sought after and well remunerated. It is also transferrable overseas if travel is in your future. Selling is an acquired skill, that honed well will deliver a rewarding and lucrative career.

About the Author

Tom Key

Tom Key

Sales Director for Careernav Pty Ltd.

Tom Key is the Sales Director for Careernav based from our offices in Melbourne, as well as working from home.  He has previously held a Sales Manager role incorporating both Account and Key Account Management responsibilities for ICI Paints across large areas of the United Kingdom.  

Tom has also recruited Sales and Marketing professionals for major blue chip companies across Europe and Asia for the last 15 years, as well as helping businesses to plan their sales force deployment and identify the correct cultural fit to enable successful team dynamics.  Tom is passionate about online businesses as well as utilising new sales concepts to compliment traditional sales techniques. 


Did you know that no two corn flakes look the same?

Read the next section in this career

Supporters

ANZ Smartypig Anaconda Murcotts Save The Children Toshiba Victoria University Webjet