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The differences between business development & sales executives and business development account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a business development & sales executive and a business development account manager. Additionally, a business development & sales executive has an average salary of $102,053, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a business development & sales executive include cloud, market trends and CRM. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Business Development & Sales Executive | Business Development Account Manager | |
| Yearly salary | $102,053 | $99,209 |
| Hourly rate | $49.06 | $47.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 252,830 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A business development executive is a management professional who is responsible for searching for new business leads and building contacts with potential clients to create new business opportunities that can drive business growth. This executive must be familiar with the products and services offered by the company so that they can procure clients through direct contact or word-of-mouth. The executive is required to create business proposals and contracts to draw in more profit from clients. This executive must also train staff members with the technical and social skills that are needed to enhance sales.
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 & sales executives and business development account managers have different pay scales, as shown below.
| Business Development & Sales Executive | Business Development Account Manager | |
| Average salary | $102,053 | $99,209 |
| Salary range | Between $64,000 And $162,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | New Hampshire |
| Best paying company | Amazon | Meta |
| Best paying industry | Transportation | - |
There are a few differences between a business development & sales executive and a business development account manager in terms of educational background:
| Business Development & Sales Executive | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between business development & sales executives' and business development account managers' demographics:
| Business Development & Sales Executive | Business Development Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 62.4% Female, 37.6% |
| Race ratio | 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% | 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 | 7% | 7% |