Description

The territory manager is responsible for the specific region (or the territory) for a company and serves as a link between the headquarters of the company and the presence of the company in their territory. The territory sales manager's main responsibility is to boost sales within their region. However, the territory sales manager also has the responsibility to develop potential business partnerships, making sure that the needs of customers are met and making sure that the presence of the company within their area is in line with the expectations and standards of the company. A territory manager also ensures that the headquarters of the company is kept informed about their area of responsibility through presentation and reports. Based on how big the business, their territory manager could be required to also hire and dismiss new employees, and also ensure that the new employees are properly trained.

Since the territory sales manager typically supervises a large number of employees within the area they are assigned which means a lot of travel is necessary. when it comes to travel time, sales managers usually are employed for more than 40 hours per week and could be available for emergency situations. Since a large portion of the time of a territory sales manager is spent travelling throughout their region the work environment can differ greatly.

A college degree is typically not required to be an area sales director. Experience in sales and management is usually considered more significant than formal education. Three or five years' experience in sales management are typically needed.

Roles & Responsibilities

As a Territory Sales Manager with 3-6 years of experience in India, here are some main responsibilities:

  • Managing a portfolio of accounts, including nurturing existing relationships, identifying new business opportunities, and growing revenue.
  • Analyzing market trends, customer behavior, and competitive landscape to develop accurate sales forecasts and strategize business growth plans.
  • Collaborating with internal teams, such as marketing, product development, and customer support, to ensure efficient execution of sales strategies and achievement of targets.
  • Developing and implementing territory sales plans, including identifying key customers, setting sales targets, and prioritizing resources for maximum market coverage.

Qualifications & Work Experience

Major educational qualifications required for Territory Sales Manager are:

  • A bachelor's degree in business administration or business management, marketing, or a related field is preferable.
  • Experience as an area sales manager.
  • Expertise with all Microsoft Office applications.
  • Ability to work in a fast-paced environment.
  • Excellent leadership and organizational skills.
  • Strong analytical and problem-solving abilities.
  • Solid negotiation and consultative sales abilities.

Essential Skills For Territory Sales Manager

1

Accounting

2

Technical

3

Sales

4

Sales Strategy

5

Business Development

6

Management Accounting

Skills That Affect Territory Sales Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Accounting

44%

Technical

37%

Business Development

16%

Management Accounting

8%

Customer Relationship Management

15%

Career Prospects

Some Alternative job roles available for Territory Sales Manager are:

  • Senior Territory Manager: Achieves sales targets by overseeing and leading a team of sales representatives in a specific territory.
  • Lead Territory Manager: Takes charge of the sales activities in a designated territory, leading and motivating the sales team to meet and exceed targets.
  • Director of Sales: Directs and manages the overall sales strategy and operations, ensuring revenue growth and customer satisfaction.
  • Vice President of Sales: Provides strategic leadership and oversees all sales functions across multiple territories, driving revenue growth and achieving business objectives.

How to Learn

The Territory Sales Manager role in India is projected to witness substantial growth in the market. According to a 10-year analysis, this job position is expected to experience a positive trend with increased demand and opportunities. The region's economic growth and expanding industries contribute to this promising outlook. Google data indicates a rising number of employment opportunities in the future, emphasizing the demand for Territory Sales Managers. This position offers a significant scope for professional growth and development due to the flourishing market and its potential for further expansion.