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The differences between directors new business development and directors of sales & business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director new business development, becoming a director of sales & business development takes usually requires 6-8 years. Additionally, a director new business development has an average salary of $110,272, which is higher than the $82,585 average annual salary of a director of sales & business development.
The top three skills for a director new business development include business development, project management and account management. The most important skills for a director of sales & business development are value proposition, sales cycle, and CRM.
| Director New Business Development | Director Of Sales & Business Development | |
| Yearly salary | $110,272 | $82,585 |
| Hourly rate | $53.02 | $39.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 154,470 | 163,561 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 79% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
A director of sales & business development is responsible for monitoring the business and project plans, ensuring that the sales targets are met, according to project requirements and specifications. Directors of sales & business development perform data analysis to track business performance and identify opportunities to grow revenues and profits. They also coordinate with the clients and maintain healthy business relationships by enhancing their brand image on various platforms and reach the target audience. A director of sales & business development works closely with the marketing and sales team for public relations and marketing campaigns placement.
Directors new business development and directors of sales & business development have different pay scales, as shown below.
| Director New Business Development | Director Of Sales & Business Development | |
| Average salary | $110,272 | $82,585 |
| Salary range | Between $72,000 And $168,000 | Between $38,000 And $176,000 |
| Highest paying City | Sacramento, CA | Arlington, VA |
| Highest paying state | California | Oregon |
| Best paying company | Wpp Us Holdings Inc | Mastercard |
| Best paying industry | Energy | Technology |
There are a few differences between a director new business development and a director of sales & business development in terms of educational background:
| Director New Business Development | Director Of Sales & Business Development | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between directors new business development' and directors of sales & business development' demographics:
| Director New Business Development | Director Of Sales & Business Development | |
| Average age | 39 | 46 |
| Gender ratio | Male, 69.2% Female, 30.8% | Male, 81.5% Female, 18.5% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |