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The differences between market development specialists and development specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a market development specialist, becoming a development specialist takes usually requires 2-4 years. Additionally, a development specialist has an average salary of $60,344, which is higher than the $58,991 average annual salary of a market development specialist.
The top three skills for a market development specialist include market development, healthcare and heart failure. The most important skills for a development specialist are customer service, customer satisfaction, and professional development.
| Market Development Specialist | Development Specialist | |
| Yearly salary | $58,991 | $60,344 |
| Hourly rate | $28.36 | $29.01 |
| Growth rate | 19% | 8% |
| Number of jobs | 82,421 | 97,188 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 66% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
A market development specialist works on different marketing programs and projects to secure sales and premium goals. They develop and execute training strategies and programs, perform market research and analyses to find business opportunities, study the consumers and competitors, and create sales pitches ideal for field operations. They may also reach out directly to clients by calls, emails, or appointments, offer products and services, and establish positive relationships through efficient services. Additionally, a market development specialist oversees every marketing project's progress, producing reports for managers regularly.
A development specialist is responsible for monitoring career training and programs for the employees, improving their capabilities and maximum potential to contribute to the company's growth and success. Development specialists also assist in assessing departmental operations, evaluating training needs, and facilitate skill development discussions and exercises. A development specialist helps identify business opportunities to generate more revenues for the organization and improve profitability status. A development specialist must have excellent communication and organization skills and comprehensive knowledge of human management to assist employees with their inquiries and concerns.
Market development specialists and development specialists have different pay scales, as shown below.
| Market Development Specialist | Development Specialist | |
| Average salary | $58,991 | $60,344 |
| Salary range | Between $39,000 And $87,000 | Between $37,000 And $96,000 |
| Highest paying City | Wilmington, DE | Edison, NJ |
| Highest paying state | Delaware | New Jersey |
| Best paying company | Amazon | Ropes & Gray |
| Best paying industry | Finance | - |
There are a few differences between a market development specialist and a development specialist in terms of educational background:
| Market Development Specialist | Development Specialist | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between market development specialists' and development specialists' demographics:
| Market Development Specialist | Development Specialist | |
| Average age | 37 | 44 |
| Gender ratio | Male, 59.6% Female, 40.4% | Male, 40.5% Female, 59.5% |
| Race ratio | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.4% Asian, 9.6% White, 67.6% American Indian and Alaska Native, 0.1% | Black or African American, 10.4% Unknown, 6.3% Hispanic or Latino, 16.7% Asian, 5.8% White, 60.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 12% |