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The differences between business development directors and commercial directors 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 commercial director. Additionally, a commercial director has an average salary of $143,615, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for a business development director include healthcare, CRM and patients. The most important skills for a commercial director are project management, kpis, and healthcare.
| Business Development Director | Commercial Director | |
| Yearly salary | $117,784 | $143,615 |
| Hourly rate | $56.63 | $69.05 |
| Growth rate | 10% | 10% |
| Number of jobs | 153,601 | 97,667 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 67% |
| 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.
Commercial Directors are executives who manage the performance and subsequent growth of the company. They lead activities related to the commerce side of the business. Commercial directors study the current trends in both the economic market and in the industry that the business operates in. They also study their target market. With this research, they devise ways to ensure that a company's performance will not decline as they navigate the changing market landscape. Commercial Directors should have good foresight and strong analytical skills to make sense of the current trends and how they would affect their future.
Business development directors and commercial directors have different pay scales, as shown below.
| Business Development Director | Commercial Director | |
| Average salary | $117,784 | $143,615 |
| Salary range | Between $72,000 And $192,000 | Between $93,000 And $221,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Mexico | Massachusetts |
| Best paying company | alliantgroup | Emergent BioSolutions |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a business development director and a commercial director in terms of educational background:
| Business Development Director | Commercial Director | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development directors' and commercial directors' demographics:
| Business Development Director | Commercial Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 80.9% Female, 19.1% |
| 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% |