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The differences between business development & sales executives and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development & sales executive has an average salary of $102,053, which is higher than the $57,410 average annual salary of a business development specialist.
The top three skills for a business development & sales executive include cloud, market trends and CRM. The most important skills for a business development specialist are work ethic, CRM, and customer service.
| Business Development & Sales Executive | Business Development Specialist | |
| Yearly salary | $102,053 | $57,410 |
| Hourly rate | $49.06 | $27.60 |
| Growth rate | 5% | 10% |
| Number of jobs | 252,830 | 182,116 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 73% |
| Average age | 46 | 44 |
| Years of experience | 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 specialist is an expert who determines opportunities for marketing strategy optimization and business growth. The specialists perform business process and financial analysis, effective network creation, and business plan implementation. Being a good business development specialist requires knowledge and experience in managing a business. The skillset for the position includes a strong command in English, information technology, attention to detail, and written and verbal communication.
Business development & sales executives and business development specialists have different pay scales, as shown below.
| Business Development & Sales Executive | Business Development Specialist | |
| Average salary | $102,053 | $57,410 |
| Salary range | Between $64,000 And $162,000 | Between $38,000 And $85,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | New Jersey | Wisconsin |
| Best paying company | Amazon | Corsair |
| Best paying industry | Transportation | Finance |
There are a few differences between a business development & sales executive and a business development specialist in terms of educational background:
| Business Development & Sales Executive | Business Development Specialist | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Western Carolina University |
Here are the differences between business development & sales executives' and business development specialists' demographics:
| Business Development & Sales Executive | Business Development Specialist | |
| Average age | 46 | 44 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 50.7% Female, 49.3% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 11% |