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The differences between account development representatives and business development executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development executive has an average salary of $97,871, which is higher than the $63,780 average annual salary of an account development representative.
The top three skills for an account development representative include CRM, customer service and salesforce. The most important skills for a business development executive are business development, digital transformation, and customer service.
| Account Development Representative | Business Development Executive | |
| Yearly salary | $63,780 | $97,871 |
| Hourly rate | $30.66 | $47.05 |
| Growth rate | 4% | 10% |
| Number of jobs | 271,837 | 189,950 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Average age | 44 | 39 |
| Years of experience | - | 10 |
An account development representative is responsible for maintaining client accounts and generating more potential customers by developing strategic techniques to develop services that adhere to public demands and market trends. Account development representatives assist the project management team in developing efficient processes to promote the company's brand on various platforms, as well as updating the customers of recent updates and announcements and responding to their inquiries and concerns. They should have excellent communication and organizational skills, especially in handling complaints and negotiating business contracts and transactions.
A business development executive serves as a senior manager who drives company sales. Business development executives convince existing clients to buy more offerings and also source new clients. The focus of their job is on lead generation, prospect management, and customer acquisition. They collaborate with management in terms of sales objectives, planning, and prediction. The skills necessary for this job include customer service and relations, time management, strong written communication, and sales process experience.
Account development representatives and business development executives have different pay scales, as shown below.
| Account Development Representative | Business Development Executive | |
| Average salary | $63,780 | $97,871 |
| Salary range | Between $45,000 And $89,000 | Between $64,000 And $149,000 |
| Highest paying City | Philadelphia, PA | Phoenix, AZ |
| Highest paying state | Maryland | Arizona |
| Best paying company | MongoDB | Clifford Chance |
| Best paying industry | Manufacturing | Pharmaceutical |
There are a few differences between an account development representative and a business development executive in terms of educational background:
| Account Development Representative | Business Development Executive | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Georgia |
Here are the differences between account development representatives' and business development executives' demographics:
| Account Development Representative | Business Development Executive | |
| Average age | 44 | 39 |
| Gender ratio | Male, 53.1% Female, 46.9% | Male, 63.8% Female, 36.2% |
| Race ratio | Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 16.0% Asian, 5.5% White, 67.4% American Indian and Alaska Native, 0.4% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 5% | 10% |