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The differences between client development managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a client development manager and a business development manager. Additionally, a business development manager has an average salary of $100,769, which is higher than the $88,179 average annual salary of a client development manager.
The top three skills for a client development manager include C++, account management and powerpoint. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Client Development Manager | Business Development Manager | |
| Yearly salary | $88,179 | $100,769 |
| Hourly rate | $42.39 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 162,599 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A client development manager cultivates and develops relationships with their regular and prospective clients. Client development managers track trends, opportunities, competitors, and challenges for sales. It is part of their job to document scheduled time and interactions in organizational software. They make negotiations and supervise outreach and sales activities. Also, they offer feedback and suggestions to improve customer satisfaction, maximize retention, and to increase the ROI of the clients in the industry.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Client development managers and business development managers have different pay scales, as shown below.
| Client Development Manager | Business Development Manager | |
| Average salary | $88,179 | $100,769 |
| Salary range | Between $58,000 And $132,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | McKinsey & Company Inc | Shearman & Sterling |
| Best paying industry | Professional | Finance |
There are a few differences between a client development manager and a business development manager in terms of educational background:
| Client Development Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between client development managers' and business development managers' demographics:
| Client Development Manager | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 60.1% Female, 39.9% | Male, 68.6% Female, 31.4% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |