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The differences between business development managers and regional sales 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 manager, becoming a regional sales manager takes usually requires 6-8 years. Additionally, a business development manager has an average salary of $100,769, which is higher than the $82,980 average annual salary of a regional sales manager.
The top three skills for a business development manager include customer service, CRM and healthcare. The most important skills for a regional sales manager are regional sales, customer satisfaction, and sales process.
| Business Development Manager | Regional Sales Manager | |
| Yearly salary | $100,769 | $82,980 |
| Hourly rate | $48.45 | $39.89 |
| Growth rate | 10% | 5% |
| Number of jobs | 215,309 | 121,934 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 77% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
A regional sales manager is responsible for monitoring the sales and distribution of goods and services within a specific region. Duties of a regional sales manager also include analyzing expenses and cost estimates, ensuring that operations meet budget goals with the highest quality, researching current market trends for sales performance development, providing sales training, and presenting sales reports. A regional sales manager must have strong leadership and decision-making skills to enforce policies and procedures to boost operations performance.
Business development managers and regional sales managers have different pay scales, as shown below.
| Business Development Manager | Regional Sales Manager | |
| Average salary | $100,769 | $82,980 |
| Salary range | Between $67,000 And $151,000 | Between $53,000 And $129,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Shearman & Sterling | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a business development manager and a regional sales manager in terms of educational background:
| Business Development Manager | Regional Sales Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 77% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between business development managers' and regional sales managers' demographics:
| Business Development Manager | Regional Sales Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 68.6% Female, 31.4% | Male, 81.5% Female, 18.5% |
| 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, 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% |