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What is a business development associate and how to become one
A business development associate works to identify new business opportunities and build relationships with potential clients. They research market trends, develop revenue strategies, and collaborate with other departments. A business development associate also manages existing accounts, tracks sales performance, and prepares reports to management. They possess excellent communication skills, strong analytical abilities, and independence. The role often requires a bachelor's degree in business administration, marketing, or a related field.
What general advice would you give to a business development associate?
William Aniskovich JD
Associate Professor, Albertus Magnus College
Avg. Salary $65,126
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.43%
Asian 8.83%
Black or African American 6.36%
Hispanic or Latino 9.39%
Unknown 4.56%
White 70.43%
Genderfemale 45.54%
male 54.46%
Age - 43American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 43Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
What are the pros and cons of being a business development associate?
Pros
Chance to work on high-profile projects with major clients
Possibility for career advancement and growth within the company
Opportunity to develop sales and negotiation skills
Potential for a high salary and bonuses
Ability to travel and attend industry events
Cons
Long hours and high stress levels, especially during peak periods
Requires a lot of cold calling and prospecting, which can be tedious and demotivating
Often requires working evenings and weekends to accommodate clients' schedules
May require extensive travel, which can be tiring and disruptive to personal life
Can be challenging to keep up with constantly changing market trends and competition
Business development associate career paths
Key steps to become a business development associate
Explore business development associate education requirements
Start to develop specific business development associate skills
Skills Percentages Customer Service 9.22% PowerPoint 5.72% Project Management 5.33% Market Research 5.17% Lead Generation 4.34% Research business development associate duties and responsibilities
- Manage RFP process including search and qualification of requests and coordinate fulfillment.
- Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
- Enhance company social media platforms by updating all product information across Facebook and LinkedIn.
- Utilize LinkedIn as necessary for any recruiting initiatives or research that is needed.
Prepare your business development associate resume
When your background is strong enough, you can start writing your business development associate resume.
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Choose from 10+ customizable business development associate resume templates
Build a professional business development associate resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your business development associate resume.
Apply for business development associate jobs
Now it's time to start searching for a business development associate job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first business development associate job
Are you a business development associate?
Share your story for a free salary report.
Average business development associate salary
The average business development associate salary in the United States is $65,126 per year or $31 per hour. Business development associate salaries range between $39,000 and $106,000 per year.
What am I worth?
How do business development associates rate their job?
Business development associate reviews
Cultivating relationships with customers and accessing customers needs , I like solving their problems with the product or service that I am pre selling to them before passing the lead to a sales executive.
I am passionate about my role as a BDR and there is nothing that I don't like. I don't like to be put in a box so to speak I enjoy reaching high and don't like to limited.
Innovating a business model is key for a profitable business and growth. Without a proper and sustainable business model, even the best product or technology innovations will not flourish. Learn the skills and knowledge needed to start improving your business as you learn through real-life examples from fellow entrepreneurs, innovators and leading experts on business model innovation. Benefit business owners, entrepreneurs, business consultants or business developers who seek better understanding of business models and the tools to develop them.
There's nothing much not to like about this role.
B2B Communication and Building Relationships, Product\Strategy Development and Implementation, Solving Problems
Updated January 8, 2025
