Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business development representatives and business development account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development account manager has an average salary of $99,209, which is higher than the $47,240 average annual salary of a business development representative.
The top three skills for a business development representative include business development, work ethic and customer service. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Business Development Representative | Business Development Account Manager | |
| Yearly salary | $47,240 | $99,209 |
| Hourly rate | $22.71 | $47.70 |
| Growth rate | 4% | 5% |
| Number of jobs | 269,704 | 222,573 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 78% |
| Average age | 44 | 46 |
| Years of experience | - | 8 |
A business development representative's role is to find new business and client opportunities through market research and networking. They are primarily responsible for participating in creating strategies to enhance client relations, improve sales, and reach out to potential clients through calls, correspondence, and meetings. Moreover, it is also their responsibility to perform follow-up calls, offer recommendations, and even build rapport to strengthen client base. As a representative, it is essential to coordinate with managers and supervisors and adhere to policies and regulations.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
Business development representatives and business development account managers have different pay scales, as shown below.
| Business Development Representative | Business Development Account Manager | |
| Average salary | $47,240 | $99,209 |
| Salary range | Between $26,000 And $82,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Alaska | New Hampshire |
| Best paying company | Wipro Limited | Meta |
| Best paying industry | Manufacturing | - |
There are a few differences between a business development representative and a business development account manager in terms of educational background:
| Business Development Representative | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Southern California |
Here are the differences between business development representatives' and business development account managers' demographics:
| Business Development Representative | Business Development Account Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 50.9% Female, 49.1% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 6.8% Unknown, 4.1% Hispanic or Latino, 16.3% Asian, 5.6% White, 66.9% American Indian and Alaska Native, 0.4% | 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 | 5% | 7% |