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The differences between commercial specialists and business development specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development specialist has an average salary of $57,410, which is higher than the $55,619 average annual salary of a commercial specialist.
The top three skills for a commercial specialist include customer service, portfolio and commercial loans. The most important skills for a business development specialist are work ethic, CRM, and customer service.
| Commercial Specialist | Business Development Specialist | |
| Yearly salary | $55,619 | $57,410 |
| Hourly rate | $26.74 | $27.60 |
| Growth rate | 11% | 10% |
| Number of jobs | 48,979 | 182,116 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
Commercial specialists are professional analysts who assist their firms by developing marketing strategies, identifying business opportunities to provide data for reporting, planning, and executing trade events. These specialists investigate and write recommendations to match businesses and resolve sensitive trade complaints. Their list of responsibilities includes organizing events or meetings, supervising contractors, preparing promotional and briefing materials, and a lot more. When the events, products, and services are assigned, they follow up with their clients about them to determine their success accurately.
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.
Commercial specialists and business development specialists have different pay scales, as shown below.
| Commercial Specialist | Business Development Specialist | |
| Average salary | $55,619 | $57,410 |
| Salary range | Between $31,000 And $97,000 | Between $38,000 And $85,000 |
| Highest paying City | Menlo Park, CA | Jersey City, NJ |
| Highest paying state | Washington | Wisconsin |
| Best paying company | Bain & Company | Corsair |
| Best paying industry | Transportation | Finance |
There are a few differences between a commercial specialist and a business development specialist in terms of educational background:
| Commercial Specialist | Business Development Specialist | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Western Carolina University |
Here are the differences between commercial specialists' and business development specialists' demographics:
| Commercial Specialist | Business Development Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 52.7% Female, 47.3% | Male, 50.7% Female, 49.3% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 9.8% White, 68.0% 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% |