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The differences between bid managers and business development account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bid manager has an average salary of $100,225, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a bid manager include project management, value proposition and pursuit. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Bid Manager | Business Development Account Manager | |
| Yearly salary | $100,225 | $99,209 |
| Hourly rate | $48.19 | $47.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 85,975 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 78% |
| Average age | 47 | 46 |
| Years of experience | - | 8 |
A bid manager spearheads and oversees a company's bidding procedures for goods and services. They are in charge of managing a team of bidding analysts, reviewing customer requirements, and preparing proposals in adherence to guidelines and protocols. They also perform market research and analyses, study client and competitor behavior, gather and analyze data from other offices, perform risk assessments, and maintain databases. Moreover, a bid manager also has the responsibility to supervise staff, monitor their performance, and resolve issues should any arise.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
Bid managers and business development account managers have different pay scales, as shown below.
| Bid Manager | Business Development Account Manager | |
| Average salary | $100,225 | $99,209 |
| Salary range | Between $70,000 And $142,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | New Hampshire |
| Best paying company | Apple | Meta |
| Best paying industry | Professional | - |
There are a few differences between a bid manager and a business development account manager in terms of educational background:
| Bid Manager | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between bid managers' and business development account managers' demographics:
| Bid Manager | Business Development Account Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 59.5% Female, 40.5% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.9% White, 65.8% American Indian and Alaska Native, 0.7% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |