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The differences between business development specialists and business development coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development coordinator has an average salary of $58,362, which is higher than the $57,410 average annual salary of a business development specialist.
The top three skills for a business development specialist include work ethic, CRM and customer service. The most important skills for a business development coordinator are customer service, CRM, and patients.
| Business Development Specialist | Business Development Coordinator | |
| Yearly salary | $57,410 | $58,362 |
| Hourly rate | $27.60 | $28.06 |
| Growth rate | 10% | 19% |
| Number of jobs | 182,116 | 133,973 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
A business development coordinator specializes in devising strategies to identify and develop new sales and marketing opportunities, ensuring profitable growth and a strong client base. Their responsibilities revolve around gathering data, conducting research and analysis, organizing conferences and other events, maintaining records and data, and disseminating information such as proposals, memos, instructional documents, and more. There are also instances when a business development coordinator must liaise with clients and external agencies, even respond to calls and correspondence from customers.
Business development specialists and business development coordinators have different pay scales, as shown below.
| Business Development Specialist | Business Development Coordinator | |
| Average salary | $57,410 | $58,362 |
| Salary range | Between $38,000 And $85,000 | Between $38,000 And $87,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | Wisconsin | Pennsylvania |
| Best paying company | Corsair | Evernote |
| Best paying industry | Finance | Professional |
There are a few differences between a business development specialist and a business development coordinator in terms of educational background:
| Business Development Specialist | Business Development Coordinator | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Southern California |
Here are the differences between business development specialists' and business development coordinators' demographics:
| Business Development Specialist | Business Development Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 31.5% Female, 68.5% |
| Race ratio | 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% | 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 | 11% | 11% |