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Consultant in product development vs business development director

The differences between consultants in product development and business development directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a consultant in product development and a business development director. Additionally, a business development director has an average salary of $117,784, which is higher than the $111,727 average annual salary of a consultant in product development.

The top three skills for a consultant in product development include cycle management, business development and product development. The most important skills for a business development director are healthcare, CRM, and patients.

Consultant in product development vs business development director overview

Consultant In Product DevelopmentBusiness Development Director
Yearly salary$111,727$117,784
Hourly rate$53.71$56.63
Growth rate10%10%
Number of jobs138,422153,601
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 74%
Average age3939
Years of experience1010

What does a consultant in product development do?

Product development consultants create products with enhanced or additional features to help their clients remain competitive. They evaluate the proposed designs of products before advising their team to start its development. Their jobs are mainly to report on actions to improve the product proposals and give constructive criticisms regarding the staff's performance during meetings or group huddles. They must also have strong written and verbal communication skills, knowledge in product development processes, and detail orientation to perform the duties of the job well.

What does a business development director do?

A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.

Consultant in product development vs business development director salary

Consultants in product development and business development directors have different pay scales, as shown below.

Consultant In Product DevelopmentBusiness Development Director
Average salary$111,727$117,784
Salary rangeBetween $81,000 And $153,000Between $72,000 And $192,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaNew Mexico
Best paying companyERMalliantgroup
Best paying industryTransportationFinance

Differences between consultant in product development and business development director education

There are a few differences between a consultant in product development and a business development director in terms of educational background:

Consultant In Product DevelopmentBusiness Development Director
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Consultant in product development vs business development director demographics

Here are the differences between consultants in product development' and business development directors' demographics:

Consultant In Product DevelopmentBusiness Development Director
Average age3939
Gender ratioMale, 66.6% Female, 33.4%Male, 72.3% Female, 27.7%
Race ratioBlack 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 Percentage10%10%

Differences between consultant in product development and business development director duties and responsibilities

Consultant in product development example responsibilities.

  • Handle design and specification of administration system requirements to efficiently manage, operate, and support client API configurations and sessions.
  • Create model using SolidWorks, performance simulation are carried out using ANSYS.
  • Assist clients with technical issues, product labeling, FDA regulations and production problems.
  • Source OEM and contract manufacturers / suppliers and provide technical input to obtain companies first FDA 510K marketing clearance.
  • Used Solidworks developing metrology probe for profilometer.
  • Utilize SQL to support data-driven analysis and decision processes to inform project prioritization, assess feature effectiveness, and troubleshoot issues.
  • Show more

Business development director example responsibilities.

  • Create and manage business development, government affairs and public relations initiatives to achieve growth objectives for this correctional healthcare company.
  • Achieve access to SVP level resulting in significant new business.
  • Manage network services, e-ticketing and packaging solutions, CRM solutions, message management, and e-provisioning/identity management/security solutions.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Track all sales and marketing activities using a CRM program and analyze data to optimize business development approach and management
  • Collaborate with the marketing team to ensure laser focuse messages at all conferences and trade shows ensuring competitive logistics solution offerings.
  • Show more

Consultant in product development vs business development director skills

Common consultant in product development skills
  • Cycle Management, 18%
  • Business Development, 15%
  • Product Development, 11%
  • Lifecycle Management, 5%
  • Product Design, 5%
  • R, 5%
Common business development director skills
  • Healthcare, 9%
  • CRM, 5%
  • Patients, 4%
  • Customer Relationships, 4%
  • Account Management, 4%
  • Project Management, 4%

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