Business development/product managers track down sales leads and convince potential customers of the superior quality of the products and services they are selling. They are responsible for nurturing fruitful relationships with sales contacts, visiting clients on location, and attending networking events.
Working in this position, it will be your job to follow up on business leads and arrange meetings with potential clients or partners. You will be responsible for communicating the developments of products and services, so giving presentations will be a regular part of your days. Making sure marketing materials are efficient and align with company goals will also be your duty.
A degree in a finance or marketing-related field might be important to some employers out there but you can always take courses and get yourself certified if you don't feel like investing in a college education. Communication skills and a talent for sales will be more important above anything else, though. You will need to show for experience in the field, and leadership skills will also be non-negotiable.
How to Become a Business Development/Product Manager
What is a Business Development/Product Manager
There is more than meets the eye when it comes to being a Business Development/Product Manager. For example, did you know that they make an average of $53.72 an hour? That's $111,736 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
What Does a Business Development/Product Manager Do
There are certain skills that many Business Development/Product Managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Creativity, Interpersonal skills and Organizational skills.
How To Become a Business Development/Product Manager
If you're interested in becoming a Business Development/Product Manager, one of the first things to consider is how much education you need. We've determined that 74.4% of Business Development/Product Managers have a bachelor's degree. In terms of higher education levels, we found that 17.7% of Business Development/Product Managers have master's degrees. Even though most Business Development/Product Managers have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Business Development/Product Manager. When we researched the most common majors for a Business Development/Product Manager, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Business Development/Product Manager resumes include Associate Degree degrees or Doctoral Degree degrees.
You may find that experience in other jobs will help you become a Business Development/Product Manager. In fact, many Business Development/Product Manager jobs require experience in a role such as Product Manager. Meanwhile, many Business Development/Product Managers also have previous career experience in roles such as Regional Sales Manager or Business Development Manager.
What is the right job for my career path?
Tell us your goals and we'll match you with the right jobs to get there.
And if you’re looking for a job, here are the five top employers hiring now:
Business Development/Product Manager Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a Business Development/Product Manager can determine their career goals through the career progression. For example, they could start out with a role such as Business Development Manager, progress to a title such as Sales Vice President and then eventually end up with the title Executive Vice President Of Sales.
Business Development/Product Manager Jobs You Might Like
What is the right job for my career path?
Tell us your goals and we'll match you with the rights job to get there.
Average Salary for a Business Development/Product Manager
Calculate your salary
Use Zippia's Salary Calculator to see how your pay matches up.
Business Development/Product Manager Demographics
Business Development/Product Manager Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among Business Development/Product Managers, 21.2% of them are women, while 78.8% are men.
- The most common race/ethnicity among Business Development/Product Managers is White, which makes up 72.0% of all Business Development/Product Managers.
- The most common foreign language among Business Development/Product Managers is Spanish at 34.8%.
Find the best Business Development/Product Manager job for you
Business Development/Product Manager Jobs You Might Like
- High Paying Business Development/Product Manager Jobs - $158K and Up
- Entry Level Business Development/Product Manager Jobs
- Part Time Business Development/Product Manager Jobs
- Actively Hiring
- No Degree Business Development/Product Manager Jobs
Top Colleges for Business Development/Product Managers
1. University of Georgia
Athens, GA • Private
2. University of Wisconsin - Madison
Madison, WI • Private
3. University of Minnesota - Twin Cities
Minneapolis, MN • Private
4. Purdue University
West Lafayette, IN • Private
5. Howard University
Washington, DC • Private
6. Ohio State University
Columbus, OH • Private
7. University of Texas at Austin
Austin, TX • Private
8. University of Southern California
Los Angeles, CA • Private
9. University of Pennsylvania
Philadelphia, PA • Private
10. SUNY at Binghamton
Vestal, NY • Private
Find the best Business Development/Product Manager job for you
Business Development/Product Manager Jobs You Might Like
- High Paying Business Development/Product Manager Jobs - $158K and Up
- Entry Level Business Development/Product Manager Jobs
- Part Time Business Development/Product Manager Jobs
- Actively Hiring
- No Degree Business Development/Product Manager Jobs
Online Courses For Business Development/Product Manager That You May Like
New product development is essential for the survival of many companies in the Hi-Tec sector, as well as other sectors. The percentage of sales of successful business organizations tied to the successful Introduction of new products and services is high. However, the failure rate of new products development projects is also high and therefore there is a need for a methodology based on a well-designed process as well as tools and techniques to manage New Product Development (NPD) projects. Since...
Marketing Strategy, Product Marketing, Product Marketing Manager, Product Management, Product Manager, Marketing Plan...
Product Marketing Strategy: Marketing New Product: Product to Market: Product Promotion: New Product Launch Strategy...
Top Skills For a Business Development/Product Manager
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 8.0% of Business Development/Product Managers listed Product Development on their resume, but soft skills such as Creativity and Interpersonal skills are important as well.
1. California
$138,600
Avg. Salary
2. Washington
$129,282
Avg. Salary
3. Michigan
$105,701
Avg. Salary
How Do Business Development/Product Manager Rate Their Jobs?
Top Business Development/Product Manager Employers
Business Development/Product Manager Videos
