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The differences between bid managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development manager has an average salary of $100,769, which is higher than the $100,225 average annual salary of a bid manager.
The top three skills for a bid manager include project management, value proposition and pursuit. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Bid Manager | Business Development Manager | |
| Yearly salary | $100,225 | $100,769 |
| Hourly rate | $48.19 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 85,975 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Average age | 47 | 39 |
| Years of experience | - | 10 |
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 manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Bid managers and business development managers have different pay scales, as shown below.
| Bid Manager | Business Development Manager | |
| Average salary | $100,225 | $100,769 |
| Salary range | Between $70,000 And $142,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Apple | Shearman & Sterling |
| Best paying industry | Professional | Finance |
There are a few differences between a bid manager and a business development manager in terms of educational background:
| Bid Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between bid managers' and business development managers' demographics:
| Bid Manager | Business Development Manager | |
| Average age | 47 | 39 |
| Gender ratio | Male, 59.5% Female, 40.5% | Male, 68.6% Female, 31.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |