How to Become an Account Manager
Yellowbrick on May 10, 2022
Account Manager Career Profile, Salary & Job Outlook
What does an Account Manager do?
Account managers work in retail locations and act as a liaison between assigned brands for product orders. They work closely with beauty inventory planners to maintain product stock levels. They issue monthly manufacturing reporting planners and excess inventory reports to planners.
How much does an Account Manager make?
According to Comparably, Account Managers make a national average of $77,903 or $37.45 an hour (as of April 2022). In general, entry-level account managers make around $41,434 annually, with senior-level account managers making $180,000 a year. This wide range also depends on skill, seniority, company, and location.
What is the job outlook for an Account Manager?
Analysts forecast that global beauty industry revenue will reach $716 billion by 2025. In addition, according to the U.S. Bureau of Labor Statistics (BLS), job opportunities in the logistics field (including account manager) will increase at a rate of 30% during the 2020-2030 decade.
How to kick-off your career:
- Download and study manufacturing reporting planners (often referred to as MRPs).
- Explore the FIT x Beauty Inc. Beauty Business Essentials online course.
- Download Yellowbrick’s Ultimate Beauty Career Guide.
Learn from:
Christine Chang & Sarah Lee
Beauty Business Essentials contributors, Founders and CEOs of Glow Recipe
Related Careers:
Warehouse Operator | Inventory Analyst| Beauty Supply Planner | Cosmetic Chemist | Microbiologist | Product Development Associate | Packaging Designer | Supply Chain Executive | Health & Safety Engineer | Pick Packer| Material Handler | Production Planner | Distribution Analyst
- Category: Beauty Business
- Tag: beauty careers, beauty industry, beauty jobs