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The differences between business development directors and business development executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business development director and a business development executive. Additionally, a business development director has an average salary of $117,784, which is higher than the $97,871 average annual salary of a business development executive.
The top three skills for a business development director include healthcare, CRM and patients. The most important skills for a business development executive are business development, digital transformation, and customer service.
| Business Development Director | Business Development Executive | |
| Yearly salary | $117,784 | $97,871 |
| Hourly rate | $56.63 | $47.05 |
| Growth rate | 10% | 10% |
| Number of jobs | 153,601 | 189,950 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
A business development executive serves as a senior manager who drives company sales. Business development executives convince existing clients to buy more offerings and also source new clients. The focus of their job is on lead generation, prospect management, and customer acquisition. They collaborate with management in terms of sales objectives, planning, and prediction. The skills necessary for this job include customer service and relations, time management, strong written communication, and sales process experience.
Business development directors and business development executives have different pay scales, as shown below.
| Business Development Director | Business Development Executive | |
| Average salary | $117,784 | $97,871 |
| Salary range | Between $72,000 And $192,000 | Between $64,000 And $149,000 |
| Highest paying City | San Francisco, CA | Phoenix, AZ |
| Highest paying state | New Mexico | Arizona |
| Best paying company | alliantgroup | Clifford Chance |
| Best paying industry | Finance | Pharmaceutical |
There are a few differences between a business development director and a business development executive in terms of educational background:
| Business Development Director | Business Development Executive | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development directors' and business development executives' demographics:
| Business Development Director | Business Development Executive | |
| Average age | 39 | 39 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 63.8% Female, 36.2% |
| Race ratio | 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% | 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% |