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Market development specialist vs research specialist

The differences between market development specialists and research 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 research specialist. Additionally, a market development specialist has an average salary of $58,991, which is higher than the $52,662 average annual salary of a research specialist.

The top three skills for a market development specialist include market development, healthcare and heart failure. The most important skills for a research specialist are data collection, patients, and research projects.

Market development specialist vs research specialist overview

Market Development SpecialistResearch Specialist
Yearly salary$58,991$52,662
Hourly rate$28.36$25.32
Growth rate19%19%
Number of jobs82,42179,341
Job satisfaction-4
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 61%
Average age3737
Years of experience66

What does a market development specialist do?

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.

What does a research specialist do?

In a laboratory setting, a research specialist's responsibilities primarily revolve around conducting thorough research and analysis, producing extensive detailed reports, reviewing results, and coordinating with senior researchers and other laboratory personnel to ensure the accuracy of results. Furthermore, a research specialist may contribute their expertise to other publications and articles, train or supervise new researchers, and implement all laboratory guidelines and safety regulations at all times.

Market development specialist vs research specialist salary

Market development specialists and research specialists have different pay scales, as shown below.

Market Development SpecialistResearch Specialist
Average salary$58,991$52,662
Salary rangeBetween $39,000 And $87,000Between $35,000 And $77,000
Highest paying CityWilmington, DESeattle, WA
Highest paying stateDelawareWashington
Best paying companyAmazonNovartis
Best paying industryFinanceTechnology

Differences between market development specialist and research specialist education

There are a few differences between a market development specialist and a research specialist in terms of educational background:

Market Development SpecialistResearch Specialist
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 61%
Most common majorBusinessBiology
Most common collegeUniversity of GeorgiaUniversity of Georgia

Market development specialist vs research specialist demographics

Here are the differences between market development specialists' and research specialists' demographics:

Market Development SpecialistResearch Specialist
Average age3737
Gender ratioMale, 59.6% Female, 40.4%Male, 38.0% Female, 62.0%
Race ratioBlack 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, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.1% American Indian and Alaska Native, 0.1%
LGBT Percentage10%10%

Differences between market development specialist and research specialist duties and responsibilities

Market development specialist example responsibilities.

  • Manage all negotiations of catalog advertising for reseller channel, including proofing and approving placement of ads.
  • Conduct keyword research and selection for pay-per-click campaigns and SEO projects.
  • Provide ongoing support of all SEO initiatives including reporting, analysis and optimization recommendations.
  • Maximize equipment productivity by ensuring proper placement and usage by developing working relationship with suppliers, distributors and their sales force.
  • Strengthen cross-selling opportunities by cultivating, building, and maintaining relationships with clients across different business channels.

Research specialist example responsibilities.

  • Manage both GLP and non-GLP studies that are contracted to CROs.
  • Create weekly presentations using Microsoft PowerPoint and manage monthly board meetings.
  • Manage social media publications to spread awareness and notifications on Facebook.
  • Assist in surgical procedures on both rabbits and rats to obtain tissue specimens for RNA isolation for subsequent RT-PCR
  • Perform and supervise applied bench scale and pilot scale process research on extraction, distillation, and reaction processes.
  • Perform the timely and accurate execution of CESG protocols, procedures and results within the cloning and crystallography teams.
  • Show more

Market development specialist vs research specialist skills

Common market development specialist skills
  • Market Development, 21%
  • Healthcare, 15%
  • Heart Failure, 8%
  • Sales Growth, 7%
  • Trade Shows, 6%
  • Customer Events, 4%
Common research specialist skills
  • Data Collection, 7%
  • Patients, 7%
  • Research Projects, 7%
  • Data Analysis, 5%
  • Molecular Biology, 5%
  • Cell Culture, 4%

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