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The differences between client development managers and market 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 market development manager. Additionally, a market development manager has an average salary of $111,159, 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 market development manager are digital marketing, market development, and competitor analysis.
| Client Development Manager | Market Development Manager | |
| Yearly salary | $88,179 | $111,159 |
| Hourly rate | $42.39 | $53.44 |
| Growth rate | 10% | 10% |
| Number of jobs | 162,599 | 173,901 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 76% |
| 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 market development manager is in charge of overseeing marketing operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around assessing existing projects and programs, identifying areas needing improvement, devising strategies to find new opportunities, and coordinating with different departments to ensure profitable growth and a strong client base. They are also in charge of creating training programs for new employees, managing the budget, and supervising marketing initiatives. Furthermore, as a manager, it is essential to lead and encourage teams to reach goals and optimal performance, all while implementing the company's policies and regulations.
Client development managers and market development managers have different pay scales, as shown below.
| Client Development Manager | Market Development Manager | |
| Average salary | $88,179 | $111,159 |
| Salary range | Between $58,000 And $132,000 | Between $74,000 And $165,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | Maryland |
| Best paying company | McKinsey & Company Inc | Apple |
| Best paying industry | Professional | Technology |
There are a few differences between a client development manager and a market development manager in terms of educational background:
| Client Development Manager | Market Development Manager | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between client development managers' and market development managers' demographics:
| Client Development Manager | Market Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 60.1% Female, 39.9% | Male, 70.0% Female, 30.0% |
| 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% |