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The differences between business strategy consultants and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business strategy consultant has an average salary of $115,742, which is higher than the $101,635 average annual salary of a business developer.
The top three skills for a business strategy consultant include cloud, business cases and project management. The most important skills for a business developer are healthcare, CRM, and customer service.
| Business Strategy Consultant | Business Developer | |
| Yearly salary | $115,742 | $101,635 |
| Hourly rate | $55.65 | $48.86 |
| Growth rate | 11% | 10% |
| Number of jobs | 123,920 | 193,469 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
A business strategy consultant specializes in developing strategies to help a company achieve its short and long-term goals. Their responsibilities typically include understanding the needs of the company, performing research and analysis to identify new business opportunities, gathering and analyzing data to determine the strengths and weaknesses of current operations, studying the competitors, and preparing detailed analysis reports and presentations for clients. It is also their duty to monitor the progress of implemented strategies, conducting corrective measures when needed. Furthermore, a business strategy consultant must adhere to the company's policies and regulations, including its vision and mission.
A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Business strategy consultants and business developers have different pay scales, as shown below.
| Business Strategy Consultant | Business Developer | |
| Average salary | $115,742 | $101,635 |
| Salary range | Between $79,000 And $169,000 | Between $66,000 And $156,000 |
| Highest paying City | Dallas, TX | San Francisco, CA |
| Highest paying state | Texas | California |
| Best paying company | Apple | |
| Best paying industry | Utilities | Manufacturing |
There are a few differences between a business strategy consultant and a business developer in terms of educational background:
| Business Strategy Consultant | Business Developer | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Western Carolina University |
Here are the differences between business strategy consultants' and business developers' demographics:
| Business Strategy Consultant | Business Developer | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% 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 | 12% | 11% |