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The differences between marketing consultants and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development consultant has an average salary of $85,153, which is higher than the $70,593 average annual salary of a marketing consultant.
The top three skills for a marketing consultant include customer service, web content and media sales. The most important skills for a business development consultant are healthcare, CRM, and cloud.
| Marketing Consultant | Business Development Consultant | |
| Yearly salary | $70,593 | $85,153 |
| Hourly rate | $33.94 | $40.94 |
| Growth rate | 19% | 6% |
| Number of jobs | 88,935 | 168,111 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Average age | 37 | 44 |
| Years of experience | 6 | - |
A marketing consultant is responsible for utilizing their extensive retail expertise to develop strategies on how to strengthen client base and achieve better sales. Furthermore, a marketing consultant must perform research and analysis to determine opportunities for financial gains, devise plans to improve client satisfaction, assess the competition, look out for any risks, and develop its brand and image. They should also ensure that all steps taken adhere to the policies and regulations of the organization.
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
Marketing consultants and business development consultants have different pay scales, as shown below.
| Marketing Consultant | Business Development Consultant | |
| Average salary | $70,593 | $85,153 |
| Salary range | Between $44,000 And $112,000 | Between $52,000 And $137,000 |
| Highest paying City | Wilmington, DE | Minneapolis, MN |
| Highest paying state | Delaware | Pennsylvania |
| Best paying company | Meta | Veeva Systems |
| Best paying industry | Technology | Media |
There are a few differences between a marketing consultant and a business development consultant in terms of educational background:
| Marketing Consultant | Business Development Consultant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Western Carolina University |
Here are the differences between marketing consultants' and business development consultants' demographics:
| Marketing Consultant | Business Development Consultant | |
| Average age | 37 | 44 |
| Gender ratio | Male, 46.0% Female, 54.0% | Male, 64.1% Female, 35.9% |
| Race ratio | Black or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.7% Asian, 10.8% White, 65.9% American Indian and Alaska Native, 0.1% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 11% |