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The differences between market development specialists and marketing & sales specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a market development specialist and a marketing & sales specialist. Additionally, a market development specialist has an average salary of $58,991, which is higher than the $54,214 average annual salary of a marketing & sales specialist.
The top three skills for a market development specialist include market development, healthcare and heart failure. The most important skills for a marketing & sales specialist are customer service, digital marketing, and ROI.
| Market Development Specialist | Marketing & Sales Specialist | |
| Yearly salary | $58,991 | $54,214 |
| Hourly rate | $28.36 | $26.06 |
| Growth rate | 19% | 19% |
| Number of jobs | 82,421 | 209,292 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 75% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
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 marketing/sales specialist is responsible for analyzing the effectiveness of marketing campaigns and promotional strategies, evaluating market data trends to identify business opportunities for revenue resources and profitability. Marketing/sales specialists conduct surveys on various social media platforms and other communication mediums to determine consumer demands and public interests. They also coordinate with the senior management to develop efficient program management systems and execute deliverables with the highest customer satisfaction. A marketing/sales specialist meets with potential clients, negotiates contracts, and addresses their inquiries, concerns, and special requests.
Market development specialists and marketing & sales specialists have different pay scales, as shown below.
| Market Development Specialist | Marketing & Sales Specialist | |
| Average salary | $58,991 | $54,214 |
| Salary range | Between $39,000 And $87,000 | Between $37,000 And $78,000 |
| Highest paying City | Wilmington, DE | Renton, WA |
| Highest paying state | Delaware | Washington |
| Best paying company | Amazon | McKinsey & Company Inc |
| Best paying industry | Finance | Telecommunication |
There are a few differences between a market development specialist and a marketing & sales specialist in terms of educational background:
| Market Development Specialist | Marketing & Sales Specialist | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between market development specialists' and marketing & sales specialists' demographics:
| Market Development Specialist | Marketing & Sales Specialist | |
| Average age | 37 | 37 |
| Gender ratio | Male, 59.6% Female, 40.4% | Male, 43.7% Female, 56.3% |
| 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, 5.3% Unknown, 5.0% Hispanic or Latino, 12.6% Asian, 10.8% White, 66.2% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |