"healthcare," "crm," and "customer service" aren't the only skills we found business developers list on their resumes. In fact, there's a whole list of business developer responsibilities that we found, including:
Arguably the most important personality trait for a business developer to have happens to be creativity. An example from a resume said this about the skill, "advertising, promotions, and marketing managers must be able to generate new and imaginative ideas." Additionally, other resumes have pointed out that business developers can use creativity to "participated in due diligence, departmental it interviews and manage an asset inventory project. " Another commonly found skill for being able to perform business developer duties is the following: interpersonal skills. According to a business developer resume, "managers must deal with a range of people in different roles, both inside and outside the organization." Check out this example of how business developers use interpersonal skills: "develop new marketing & sales strategies; excellent communications, presentation and interpersonal skills. " Organizational skills is also an important skill for business developers to have. This example of how business developers use this skill comes from a business developer resume, "advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members." Read this excerpt from a resume to understand how vital it is to their everyday roles and responsibilities, "increase business by formulating most favorable organizational structure and motivating entire team to optimize 'best-in-class' product development and delivery. " A business developer responsibilities sometimes require "analytical skills." The responsibilities that rely on this skills are shown by this resume excerpt: "advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization." This resume example shows how this skill is used by business developers: "make cold calls via telephone to prospective clients, gather data for insurance quotes. " As part of the business developer description, you might find that one of the skills that might be helpful to the job is "communication skills." A business developer resume included this snippet: "managers must be able to communicate effectively with a broad-based team made up of other managers or staff members during the advertising, promotions, and marketing process" This skill could be useful in this scenario: "conducted marketing outreach, including cold calling, lead research, and follow-up communications. " See the full list of business developer skills.
We've found that 72.1% of business developers have earned a bachelor's degree. Furthermore, 12.7% earned their master's degrees before becoming a business developer. While it's true that most business developers have a college degree, it's generally possible to become one with only a high school degree. In fact, one out of every nine business developers did not spend the extra money to attend college.
The business developers who went onto college to earn a more in-depth education generally studied business and marketing, while a small population of business developers studied communication and finance.
Once you're ready to become a business developer, you should explore the companies that typically hire business developers. According to business developer resumes that we searched through, business developers are hired the most by Uline, Deloitte, and Evolent Health. Currently, Uline has 143 business developer job openings, while there are 94 at Deloitte and 52 at Evolent Health.
If you're interested in companies where business developers make the most money, you'll want to apply for positions at Apple, Discovery, and eBay. We found that at Apple, the average business developer salary is $169,943. Whereas at Discovery, business developers earn roughly $167,204. And at eBay, they make an average salary of $164,119.
View more details on business developer salaries across the United States.
If you earned a degree from the top 100 educational institutions in the United States, you might want to take a look at AT&T;, IBM, and Comcast. These three companies have hired a significant number of business developers from these institutions.
The industries that business developers fulfill the most roles in are the energy and hospitality industries. But the highest business developer annual salary is in the manufacturing industry, averaging $118,082. In the finance industry they make $110,229 and average about $108,852 in the technology industry. In conclusion, business developers who work in the manufacturing industry earn a 5.5% higher salary than business developers in the professional industry.