Business development sales managers operate under the umbrella of business development. Their job is to ensure that the business grows by bringing in new clients and generating revenue. These managers may manage a sales team or collaborate with other sales related departments.
While performing their roles, Business development sales managers may analyze sales reports and financial data to understand the business' current financial state. They may also examine the competition and create a business development strategy.
These professionals may also research prospective accounts in targeted markets, meet with clients, collaborate with the sales and marketing teams, and foster strong relationships within and outside the organization. As a business development sales manager, you may also generate and pursue leads as well as follow the industry's latest news and developments.
To become a business development sales manager, you need a degree in business administration, management, or other related fields. A master's degree can also improve job prospects.
There is more than meets the eye when it comes to being a Business Development Sales Manager. For example, did you know that they make an average of $46.97 an hour? That's $97,691 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 20,600 job opportunities across the U.S.
There are certain skills that many Business Development Sales 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 Customer-service skills, Leadership skills and Analytical skills.
If you're interested in becoming a Business Development Sales Manager, one of the first things to consider is how much education you need. We've determined that 74.8% of Business Development Sales Managers have a bachelor's degree. In terms of higher education levels, we found that 10.7% of Business Development Sales Managers have master's degrees. Even though most Business Development Sales Managers have a college degree, it's possible 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 Sales Manager. When we researched the most common majors for a Business Development Sales 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 Sales Manager resumes include Associate Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become a Business Development Sales Manager. In fact, many Business Development Sales Manager jobs require experience in a role such as Account Executive. Meanwhile, many Business Development Sales Managers also have previous career experience in roles such as Sales Manager or Sales Representative.