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The differences between executive vice presidents of sales and vice presidents, 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 an executive vice president of sales, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $157,687 average annual salary of an executive vice president of sales.
The top three skills for an executive vice president of sales include CRM, sales process and client relationships. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Executive Vice President Of Sales | Vice President, Business Development | |
| Yearly salary | $157,687 | $165,159 |
| Hourly rate | $75.81 | $79.40 |
| Growth rate | 5% | 6% |
| Number of jobs | 164,194 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 73% |
| Average age | 46 | 52 |
| Years of experience | 8 | - |
An executive vice president of sales is responsible for monitoring the sales operations and performance of a company and ensuring that the sales targets are met. Executive vice presidents of sales coordinate with sales executives to identify business opportunities that would generate more clients and increase business revenues. They also conduct data and statistical analysis to determine current market trends and public demands and enhance the features of the business services to meet the client's requirements.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Executive vice presidents of sales and vice presidents, business development have different pay scales, as shown below.
| Executive Vice President Of Sales | Vice President, Business Development | |
| Average salary | $157,687 | $165,159 |
| Salary range | Between $108,000 And $229,000 | Between $104,000 And $262,000 |
| Highest paying City | Santa Clara, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Dotdash | Fanatics |
| Best paying industry | Technology | Manufacturing |
There are a few differences between an executive vice president of sales and a vice president, business development in terms of educational background:
| Executive Vice President Of Sales | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between executive vice presidents of sales' and vice presidents, business development' demographics:
| Executive Vice President Of Sales | Vice President, Business Development | |
| Average age | 46 | 52 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 81.3% Female, 18.7% |
| Race ratio | 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% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 12% |