What does a Territory Manager do?
A Territory Manager is responsible for all sales activities for a company within a specific region or territory. They specifically focus on new business development, expanding the company’s market share within an area, and account management for existing customers.
A Territory Manager is generally a self-starter who enjoys working with people. They are a vital member of the sales team as they personally drive growth for the company in their area.
Territory Manager Responsibilities
- Travel throughout the assigned territory to meet with new and existing customers.
- Build and maintain quality working relationships with customers by ensuring their needs are met and promptly resolving any concerns that arise.
- Continually meet or exceed sales targets through acquiring new customers and upselling or cross-selling existing accounts.
- Analyze sales and marketing data to determine the most effective sales and marketing techniques.
- Develop innovative sales strategies to increase sales within the assigned territory.
- Conduct surveys to better understand customer needs and preferences.
- Attend trade shows to promote company products and services.
- Ensure brand awareness within the assigned territory meets company expectations.
- Monitor competitors’ sales activity and develop strategies to increase market share.
Territory Manager Qualifications
- Bachelor’s degree in business administration, management, marketing, or related field is preferred.
- Proven experience as a Territory Manager.
- The ability and desire to work in a fast-paced environment.
- Strong organizational and leadership skills.
- Excellent analytical and problem-solving skills.
- Sound negotiation and consultative sales skills.
- Effective communication skills.
- Exceptional customer service skills.
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