Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business development leads and account development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business development lead, becoming an account development manager takes usually requires 6-8 years. Additionally, a business development lead has an average salary of $118,868, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for a business development lead include project management, cloud and emerging technologies. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Business Development Lead | Account Development Manager | |
| Yearly salary | $118,868 | $72,375 |
| Hourly rate | $57.15 | $34.80 |
| Growth rate | 10% | 5% |
| Number of jobs | 172,226 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
Business Development Leads oversee the continuous pursuit of growth opportunities for the company. They should be familiar with current industry trends and economic news. They should also be familiar with the business performance to identify areas for improvement and development. They should know the company's target market to help create marketing campaigns. Business development leads may also be asked to create product innovations that would cater to their target market's needs. They are expected to spearhead programs that aim to attract new clients and retain existing ones.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Business development leads and account development managers have different pay scales, as shown below.
| Business Development Lead | Account Development Manager | |
| Average salary | $118,868 | $72,375 |
| Salary range | Between $84,000 And $167,000 | Between $43,000 And $120,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | California | New York |
| Best paying company | Apple | NVIDIA |
| Best paying industry | Technology | Technology |
There are a few differences between a business development lead and an account development manager in terms of educational background:
| Business Development Lead | Account Development Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between business development leads' and account development managers' demographics:
| Business Development Lead | Account Development Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 61.8% Female, 38.2% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |