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The differences between business development leads and business development 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 lead and a business development director. Additionally, a business development lead has an average salary of $118,868, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for a business development lead include project management, cloud and emerging technologies. The most important skills for a business development director are healthcare, CRM, and patients.
| Business Development Lead | Business Development Director | |
| Yearly salary | $118,868 | $117,784 |
| Hourly rate | $57.15 | $56.63 |
| Growth rate | 10% | 10% |
| Number of jobs | 172,226 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
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.
Business development leads and business development directors have different pay scales, as shown below.
| Business Development Lead | Business Development Director | |
| Average salary | $118,868 | $117,784 |
| Salary range | Between $84,000 And $167,000 | Between $72,000 And $192,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | New Mexico |
| Best paying company | Apple | alliantgroup |
| Best paying industry | Technology | Finance |
There are a few differences between a business development lead and a business development director in terms of educational background:
| Business Development Lead | Business Development Director | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development leads' and business development directors' demographics:
| Business Development Lead | Business Development Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 72.3% Female, 27.7% |
| 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% |