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The differences between market development specialists and 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 specialist takes usually requires 1-2 years. Additionally, a market development specialist has an average salary of $58,991, which is higher than the $58,013 average annual salary of a specialist.
The top three skills for a market development specialist include market development, healthcare and heart failure. The most important skills for a specialist are patients, customer service, and work ethic.
| Market Development Specialist | Specialist | |
| Yearly salary | $58,991 | $58,013 |
| Hourly rate | $28.36 | $27.89 |
| Growth rate | 19% | 10% |
| Number of jobs | 82,421 | 358,433 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 49% |
| Average age | 37 | 42 |
| Years of experience | 6 | 2 |
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.
Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.
Market development specialists and specialists have different pay scales, as shown below.
| Market Development Specialist | Specialist | |
| Average salary | $58,991 | $58,013 |
| Salary range | Between $39,000 And $87,000 | Between $32,000 And $104,000 |
| Highest paying City | Wilmington, DE | Jersey City, NJ |
| Highest paying state | Delaware | New Jersey |
| Best paying company | Amazon | The Citadel |
| Best paying industry | Finance | - |
There are a few differences between a market development specialist and a specialist in terms of educational background:
| Market Development Specialist | Specialist | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Stanford University |
Here are the differences between market development specialists' and specialists' demographics:
| Market Development Specialist | Specialist | |
| Average age | 37 | 42 |
| Gender ratio | Male, 59.6% Female, 40.4% | Male, 47.5% Female, 52.5% |
| 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, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 11% |