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The differences between business development & sales executives and business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a business development & sales executive, becoming a business development manager takes usually requires 8-10 years. Additionally, a business development & sales executive has an average salary of $102,053, which is higher than the $100,769 average annual salary of a business development 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 manager are customer service, CRM, and healthcare.
| Business Development & Sales Executive | Business Development Manager | |
| Yearly salary | $102,053 | $100,769 |
| Hourly rate | $49.06 | $48.45 |
| Growth rate | 5% | 10% |
| Number of jobs | 252,830 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 74% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
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 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.
Business development & sales executives and business development managers have different pay scales, as shown below.
| Business Development & Sales Executive | Business Development Manager | |
| Average salary | $102,053 | $100,769 |
| Salary range | Between $64,000 And $162,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Amazon | Shearman & Sterling |
| Best paying industry | Transportation | Finance |
There are a few differences between a business development & sales executive and a business development manager in terms of educational background:
| Business Development & Sales Executive | Business Development Manager | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between business development & sales executives' and business development managers' demographics:
| Business Development & Sales Executive | Business Development Manager | |
| Average age | 46 | 39 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 68.6% Female, 31.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 10% |