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The differences between business development executives and business development coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development executive has an average salary of $97,871, which is higher than the $58,362 average annual salary of a business development coordinator.
The top three skills for a business development executive include business development, digital transformation and customer service. The most important skills for a business development coordinator are customer service, CRM, and patients.
| Business Development Executive | Business Development Coordinator | |
| Yearly salary | $97,871 | $58,362 |
| Hourly rate | $47.05 | $28.06 |
| Growth rate | 10% | 19% |
| Number of jobs | 189,950 | 133,973 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Average age | 39 | 44 |
| Years of experience | 10 | - |
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.
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.
Business development executives and business development coordinators have different pay scales, as shown below.
| Business Development Executive | Business Development Coordinator | |
| Average salary | $97,871 | $58,362 |
| Salary range | Between $64,000 And $149,000 | Between $38,000 And $87,000 |
| Highest paying City | Phoenix, AZ | San Francisco, CA |
| Highest paying state | Arizona | Pennsylvania |
| Best paying company | Clifford Chance | Evernote |
| Best paying industry | Pharmaceutical | Professional |
There are a few differences between a business development executive and a business development coordinator in terms of educational background:
| Business Development Executive | Business Development Coordinator | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between business development executives' and business development coordinators' demographics:
| Business Development Executive | Business Development Coordinator | |
| Average age | 39 | 44 |
| Gender ratio | Male, 63.8% Female, 36.2% | Male, 31.5% Female, 68.5% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 11% |