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The differences between business developers and business development associates 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 $65,126 average annual salary of a business development associate.
The top three skills for a business developer include healthcare, CRM and customer service. The most important skills for a business development associate are customer service, powerpoint, and project management.
| Business Developer | Business Development Associate | |
| Yearly salary | $101,635 | $65,126 |
| Hourly rate | $48.86 | $31.31 |
| Growth rate | 10% | 10% |
| Number of jobs | 193,469 | 141,089 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 78% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
A business development associate's role is to develop strategies to boost a company's sales and overall growth. They are primarily responsible for conducting research and analysis to identify clients' needs, participate in creating business plans and products, and produce progress reports and presentations. A business development associate must also maintain a database of customer information, arrange meetings between clients, coordinate with marketing staff, and assist in negotiations. Furthermore, it is essential to adhere to the policies and standards of the company.
Business developers and business development associates have different pay scales, as shown below.
| Business Developer | Business Development Associate | |
| Average salary | $101,635 | $65,126 |
| Salary range | Between $66,000 And $156,000 | Between $39,000 And $106,000 |
| Highest paying City | San Francisco, CA | Greenwich, CT |
| Highest paying state | California | Connecticut |
| Best paying company | Apple | Kirkland & Ellis |
| Best paying industry | Manufacturing | Automotive |
There are a few differences between a business developer and a business development associate in terms of educational background:
| Business Developer | Business Development Associate | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Southern California |
Here are the differences between business developers' and business development associates' demographics:
| Business Developer | Business Development Associate | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 54.5% Female, 45.5% |
| Race ratio | 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% | 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 | 11% | 11% |