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The differences between commercial managers and business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a commercial manager, becoming a business development manager takes usually requires 8-10 years. Additionally, a business development manager has an average salary of $100,769, which is higher than the $100,167 average annual salary of a commercial manager.
The top three skills for a commercial manager include project management, customer service and business development. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Commercial Manager | Business Development Manager | |
| Yearly salary | $100,167 | $100,769 |
| Hourly rate | $48.16 | $48.45 |
| Growth rate | 5% | 10% |
| Number of jobs | 104,252 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 74% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
A commercial manager is in charge of devising strategies for optimal procedures. Their responsibilities typically revolve around liaising with clients to determine their needs, coordinating with different departments to gather necessary data, performing research and analysis to identify the strengths and weaknesses of existing systems, and developing new business plans for profit growth and efficient workflow. Furthermore, as a manager, it is essential to lead and encourage the staff to reach goals, all while implementing the company's policies and regulations.
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.
Commercial managers and business development managers have different pay scales, as shown below.
| Commercial Manager | Business Development Manager | |
| Average salary | $100,167 | $100,769 |
| Salary range | Between $70,000 And $143,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Hawaii | California |
| Best paying company | Cheniere Energy | Shearman & Sterling |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a commercial manager and a business development manager in terms of educational background:
| Commercial Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between commercial managers' and business development managers' demographics:
| Commercial Manager | Business Development Manager | |
| Average age | 46 | 39 |
| Gender ratio | Male, 73.3% Female, 26.7% | Male, 68.6% Female, 31.4% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% 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 | 7% | 10% |