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The differences between executive directors business 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 an executive director business development and a business development director. Additionally, an executive director business development has an average salary of $134,931, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for an executive director business development include CRM, market trends and market research. The most important skills for a business development director are healthcare, CRM, and patients.
| Executive Director Business Development | Business Development Director | |
| Yearly salary | $134,931 | $117,784 |
| Hourly rate | $64.87 | $56.63 |
| Growth rate | 10% | 10% |
| Number of jobs | 211,826 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business development executive's primary goal is to help their company drive forward using multilayered sales and customer service skills. They research and pursue prospective clients and new business leads that have excellent business growth potential. They are expected to work on new business proposals and present persuasive presentations for their services or products. They must conduct a thorough analysis to ensure success and avoid losses that may affect their business partners' and shareholders' trust in the company's capability of maximizing target profit.
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.
Executive directors business development and business development directors have different pay scales, as shown below.
| Executive Director Business Development | Business Development Director | |
| Average salary | $134,931 | $117,784 |
| Salary range | Between $88,000 And $205,000 | Between $72,000 And $192,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | New Mexico |
| Best paying company | Exelixis | alliantgroup |
| Best paying industry | Technology | Finance |
There are a few differences between an executive director business development and a business development director in terms of educational background:
| Executive Director Business Development | Business Development Director | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between executive directors business development' and business development directors' demographics:
| Executive Director Business Development | Business Development Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 72.3% Female, 27.7% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |