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The differences between business development coordinators and business development account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development account manager has an average salary of $99,209, which is higher than the $58,362 average annual salary of a business development coordinator.
The top three skills for a business development coordinator include customer service, CRM and patients. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Business Development Coordinator | Business Development Account Manager | |
| Yearly salary | $58,362 | $99,209 |
| Hourly rate | $28.06 | $47.70 |
| Growth rate | 19% | 5% |
| Number of jobs | 133,973 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 78% |
| Average age | 44 | 46 |
| Years of experience | - | 8 |
A business development coordinator specializes in devising strategies to identify and develop new sales and marketing opportunities, ensuring profitable growth and a strong client base. Their responsibilities revolve around gathering data, conducting research and analysis, organizing conferences and other events, maintaining records and data, and disseminating information such as proposals, memos, instructional documents, and more. There are also instances when a business development coordinator must liaise with clients and external agencies, even respond to calls and correspondence from customers.
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.
Business development coordinators and business development account managers have different pay scales, as shown below.
| Business Development Coordinator | Business Development Account Manager | |
| Average salary | $58,362 | $99,209 |
| Salary range | Between $38,000 And $87,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Pennsylvania | New Hampshire |
| Best paying company | Evernote | Meta |
| Best paying industry | Professional | - |
There are a few differences between a business development coordinator and a business development account manager in terms of educational background:
| Business Development Coordinator | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between business development coordinators' and business development account managers' demographics:
| Business Development Coordinator | Business Development Account Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 31.5% Female, 68.5% | Male, 62.4% Female, 37.6% |
| 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, 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 | 11% | 7% |