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Director of retail sales vs director new business development

The differences between directors of retail sales and directors new business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a director of retail sales, becoming a director new business development takes usually requires 8-10 years. Additionally, a director new business development has an average salary of $110,272, which is higher than the $36,773 average annual salary of a director of retail sales.

The top three skills for a director of retail sales include customer satisfaction, product line and retail sales. The most important skills for a director new business development are business development, project management, and account management.

Director of retail sales vs director new business development overview

Director Of Retail SalesDirector New Business Development
Yearly salary$36,773$110,272
Hourly rate$17.68$53.02
Growth rate5%10%
Number of jobs180,640154,470
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 76%
Average age4639
Years of experience810

What does a director of retail sales do?

A director of retail sales is in charge of spearheading and overseeing retail sales operations, ensuring efficiency and smooth workflow. They are primarily responsible for setting goals and objectives, supervising product roadmaps, managing budgets, coordinating managers and different departments, and making decisions in adherence to the company's needs. They must also monitor the progress of sales, implementing solutions in problem areas. Furthermore, as a director, it is essential to lead and encourage the employees to reach goals, all while implementing the company's policies and regulations.

What does a director new business development do?

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.

Director of retail sales vs director new business development salary

Directors of retail sales and directors new business development have different pay scales, as shown below.

Director Of Retail SalesDirector New Business Development
Average salary$36,773$110,272
Salary rangeBetween $21,000 And $62,000Between $72,000 And $168,000
Highest paying CitySan Francisco, CASacramento, CA
Highest paying stateCaliforniaCalifornia
Best paying companyBlackRockWpp Us Holdings Inc
Best paying industryManufacturingEnergy

Differences between director of retail sales and director new business development education

There are a few differences between a director of retail sales and a director new business development in terms of educational background:

Director Of Retail SalesDirector New Business Development
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Georgia

Director of retail sales vs director new business development demographics

Here are the differences between directors of retail sales' and directors new business development' demographics:

Director Of Retail SalesDirector New Business Development
Average age4639
Gender ratioMale, 65.1% Female, 34.9%Male, 69.2% Female, 30.8%
Race ratioBlack 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 Percentage7%10%

Differences between director of retail sales and director new business development duties and responsibilities

Director of retail sales example responsibilities.

  • Manage initial contact, negotiation and administration of all OEM programs.
  • Manage a staff of 2 OEM account managers and 3 national account managers.
  • Monitor and manage all KPI's driving DTC business including taster count, bottles per visitor, conversion rates and attrition.
  • Manage multi-million dollar advertising budgets and strategically book vehiclesgarnering optimal visibility and ROI.
  • Full responsibility for all sales activities for a start-up electronic commerce company managing electronic data flow in the healthcare industry.
  • Visit and train in store sales staff on new products, sales reports, POS placement and customer service.
  • Show more

Director new business development example responsibilities.

  • Manage all duties of prospecting and closing new business from B2B to B2C clientele while performing CRM duties.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Direct request for proposal (RFP) and agency pitch processes from development to implementation.
  • Define the product strategy and personally establish OEM relationships including Intel, Compaq, and Microsoft.
  • Transform marketing strategy including the use of CRM technology and social media successfully engaging new potential clients.
  • Develop OEM project proposals for potential international partnerships.
  • Show more

Director of retail sales vs director new business development skills

Common director of retail sales skills
  • Customer Satisfaction, 11%
  • Product Line, 8%
  • Retail Sales, 6%
  • CRM, 6%
  • POS, 5%
  • Market Research, 5%
Common director new business development skills
  • Business Development, 20%
  • Project Management, 10%
  • Account Management, 9%
  • Business Strategies, 5%
  • Treasury, 5%
  • Corporate Clients, 5%

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