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The differences between account executive-fields and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, which is higher than the $72,343 average annual salary of an account executive-field.
The top three skills for an account executive-field include CRM, product knowledge and technology solutions. The most important skills for a business developer are healthcare, CRM, and customer service.
| Account Executive-Field | Business Developer | |
| Yearly salary | $72,343 | $101,635 |
| Hourly rate | $34.78 | $48.86 |
| Growth rate | 4% | 10% |
| Number of jobs | 160,285 | 193,469 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
The field account executive works with the sales and marketing team and accounts planning to create a strategy that will improve sales. This person also monitors competition and the performances of all handled accounts. The field account executive also provides ideas for product development and helps create marketing campaigns and other advertising strategies. Through an account executive's inputs and ideas, the company can focus on successful campaigns to expand.
A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Account executive-fields and business developers have different pay scales, as shown below.
| Account Executive-Field | Business Developer | |
| Average salary | $72,343 | $101,635 |
| Salary range | Between $49,000 And $104,000 | Between $66,000 And $156,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | Apple |
| Best paying industry | - | Manufacturing |
There are a few differences between an account executive-field and a business developer in terms of educational background:
| Account Executive-Field | Business Developer | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Western Carolina University |
Here are the differences between account executive-fields' and business developers' demographics:
| Account Executive-Field | Business Developer | |
| Average age | 44 | 44 |
| Gender ratio | Male, 61.6% Female, 38.4% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 6.8% Unknown, 4.1% Hispanic or Latino, 15.8% Asian, 5.6% White, 67.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 5% | 11% |