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 $49.67 an hour? That's $103,304 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.
When it comes to the most important skills required to be a business development sales manager, we found that a lot of resumes listed 14.4% of business development sales managers included business development, while 10.0% of resumes included sales goals, and 5.8% of resumes included customer service. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business development sales manager job title. But what industry to start with? Most business development sales managers actually find jobs in the technology and retail industries.
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 59.2% of business development sales managers have a bachelor's degree. In terms of higher education levels, we found that 18.7% 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.