Find The Best Market Development Specialist Jobs For You

Where do you want to work?

0 selections

Market Development Specialist Careers

Companies employ marketing development specialists to help them grow a particular business segment. Their primary roles include advertising the company's goods and services, designing marketing activities, and working with other departments to meet marketing objectives.

A market development specialist secures grants and sponsorships for a variety of organizations. Therefore, you will support the company's programs by actively finding allies, either by assisting department leaders in designing fundraising strategies, sustaining donor partnerships, or securing new ones. To achieve revenue and premium targets, you will also run training programs and provide sales materials.

Most businesses look for an applicant with a bachelor's degree in marketing, business, communication, or a similar field when recruiting for a marketing development specialist position. Experience in marketing and knowledge of the industry are both big pluses. To convert cold leads into loyal customers, you'll need good communication skills as well as the ability to persuade and persist. The average annual salary for a business specialist is $61,370.

There is more than meets the eye when it comes to being a market development specialist. For example, did you know that they make an average of $27.33 an hour? That's $56,843 a year!

Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.

What Does a Market Development Specialist Do

There are certain skills that many market development specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, analytical skills and communication skills.

When it comes to the most important skills required to be a market development specialist, we found that a lot of resumes listed 17.0% of market development specialists included sales goals, while 13.6% of resumes included market development, and 10.2% of resumes included healthcare. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the market development specialist job title. But what industry to start with? Most market development specialists actually find jobs in the manufacturing and technology industries.

How To Become a Market Development Specialist

If you're interested in becoming a market development specialist, one of the first things to consider is how much education you need. We've determined that 74.5% of market development specialists have a bachelor's degree. In terms of higher education levels, we found that 12.4% of market development specialists have master's degrees. Even though most market development specialists have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a market development specialist. When we researched the most common majors for a market development specialist, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on market development specialist resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a market development specialist. In fact, many market development specialist jobs require experience in a role such as sales representative. Meanwhile, many market development specialists also have previous career experience in roles such as account executive or account manager.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary
$56,843
Average Salary
Job Growth Rate
20%
Job Growth Rate
Job Openings
54,303
Job Openings

Market Development Specialist Career Paths

Top Careers Before Market Development Specialist

Top Careers After Market Development Specialist

Market Development Specialist Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Market Development Specialist

Market Development Specialists in America make an average salary of $56,843 per year or $27 per hour. The top 10 percent makes over $82,000 per year, while the bottom 10 percent under $39,000 per year.
Average Salary
$56,843
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities

City
ascdesc
Average Salarydesc
Newark, NJ
Salary Range50k - 88k$67k$66,935
Auburn, WA
Salary Range48k - 90k$66k$66,280
New York, NY
Salary Range48k - 84k$64k$63,749
Santa Rosa, CA
Salary Range42k - 84k$60k$60,149
Minneapolis, MN
Salary Range44k - 78k$59k$59,305
Saint Louis, MO
Salary Range42k - 75k$57k$56,854
$34k
$90k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Market Development and Insights Professional
Market Development and Insights Professional
International Business MacHines Corporation
International Business MacHines Corporation
03/16/2021
03/16/2021
$96,80003/16/2021
$96,800
Technical Market Development Specialist I
Technical Market Development Specialist I
CBMM North America, Inc.
CBMM North America, Inc.
09/10/2020
09/10/2020
$88,40009/10/2020
$88,400
Market Development Specialist III
Market Development Specialist III
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc.
08/26/2020
08/26/2020
$84,44808/26/2020
$84,448
Market Development Specialist III
Market Development Specialist III
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc.
08/17/2020
08/17/2020
$82,36808/17/2020
$82,368
Market Development Specialist III
Market Development Specialist III
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc.
08/11/2020
08/11/2020
$84,44808/11/2020
$84,448
See More Recent Salaries

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Market Development Specialist Demographics

Gender

male

56.7 %

female

38.7 %

unknown

4.6 %

Ethnicity

White

71.5 %

Hispanic or Latino

11.3 %

Asian

8.3 %

Foreign Languages Spoken

Spanish

37.5 %

Portuguese

12.5 %

Chinese

10.0 %
See More Demographics

Market Development Specialist Education

Majors

Business
30.0 %
Marketing
13.1 %

Degrees

Bachelors

74.5 %

Masters

12.4 %

Associate

6.7 %

Top Colleges for Market Development Specialists

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

4. University of Maryland - College Park

College Park, MD • Private

In-State Tuition
$10,595
Enrollment
30,184

5. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

6. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

7. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

8. University of Nebraska - Lincoln

Lincoln, NE • Private

In-State Tuition
$9,242
Enrollment
20,592

9. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

10. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495
See More Education Info

Online Courses For Market Development Specialist That You May Like

Sales Fire: B2B Sales & Business Development for Startups
udemy
4.4
(509)

The Ultimate Sales Methodology for Business Development & B2B Sales to Learn Sales Strategy, Sales Skills & Deal Closing...

Salesforce Sales Development Representative
coursera

If you've always wanted a rewarding career, the tech sales industry may be the path for you. If you're an ambitious problem-solver who likes to win, you'll find tech sales not only fulfilling, but lucrative as well. As the tech industry continuously introduces innovative services and products, tech sales roles have become more crucial than ever. SDRs are in the front lines of the tech biz, connecting with customers and clients, and coming up with the smartest solutions for their problems. Sales...

New Product Development
edX (Global)

An effective process for conceiving, developing and launching new products or services is critical to becoming competitive in most industries. This course includes key concepts like new product development strategy, types of product development strategies and steps. This course involves (a) Organizational integration of the work of functional specialists, industrial designers, and other key participants within the firm. (b) Reducing the time-to-market while meeting cost and quality targets. ...

See more
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Market Development Specialist

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 17.0% of market development specialists listed sales goals on their resume, but soft skills such as detail oriented and analytical skills are important as well.

Best States For a Market Development Specialist

Some places are better than others when it comes to starting a career as a market development specialist. The best states for people in this position are Massachusetts, Rhode Island, Delaware, and New Jersey. Market development specialists make the most in Massachusetts with an average salary of $77,524. Whereas in Rhode Island and Delaware, they would average $73,545 and $72,007, respectively. While market development specialists would only make an average of $66,876 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Pennsylvania

Total Market Development Specialist Jobs:
2,475
Highest 10% Earn:
$105,000
Location Quotient:
1.41
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Market Development Specialist Jobs:
160
Highest 10% Earn:
$121,000
Location Quotient:
0.87
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Arkansas

Total Market Development Specialist Jobs:
550
Highest 10% Earn:
$104,000
Location Quotient:
1.4
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
View Full List

How Do Market Development Specialist Rate Their Jobs?

Working as a Market Development Specialist? Share your experience anonymously.
Rate
Do you work as a Market Development Specialist?
Rate how you like work as Market Development Specialist. It's anonymous and will only take a minute.
Rate

Top Market Development Specialist Employers

1. Ingram Micro
4.7
Avg. Salary: 
$41,191
Market Development Specialists Hired: 
104+
2. Medtronic
4.8
Avg. Salary: 
$82,902
Market Development Specialists Hired: 
14+
3. General Electric
4.7
Avg. Salary: 
$81,627
Market Development Specialists Hired: 
8+
4. Sony Corporation of America
4.7
Avg. Salary: 
$58,643
Market Development Specialists Hired: 
7+
5. Parker Hannifin
4.7
Avg. Salary: 
$73,932
Market Development Specialists Hired: 
5+
6. Cardinal Health
4.7
Avg. Salary: 
$73,108
Market Development Specialists Hired: 
5+
Updated October 2, 2020