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Negotiator vs business development consultant

The differences between negotiators 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 $63,632 average annual salary of a negotiator.

The top three skills for a negotiator include financial statements, powerpoint and nielsen. The most important skills for a business development consultant are healthcare, CRM, and cloud.

Negotiator vs business development consultant overview

NegotiatorBusiness Development Consultant
Yearly salary$63,632$85,153
Hourly rate$30.59$40.94
Growth rate5%6%
Number of jobs8,748168,111
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 72%
Average age4444
Years of experience--

What does a negotiator do?

A Negotiator is primarily in charge of communicating with clients and business partners to negotiate and establish sales, building positive relationships in the process. They typically perform market research and analysis to develop plans and sales pitches, coordinate with the company's legal team, arrange appointments with clients to discuss contract terms, and address issues and concerns, resolving them promptly and efficiently. Moreover, a negotiator maintains an active communication line with staff, regularly reporting to managers for a smooth and efficient workflow.

What does a business development consultant do?

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.

Negotiator vs business development consultant salary

Negotiators and business development consultants have different pay scales, as shown below.

NegotiatorBusiness Development Consultant
Average salary$63,632$85,153
Salary rangeBetween $35,000 And $114,000Between $52,000 And $137,000
Highest paying CityIslip, NYMinneapolis, MN
Highest paying stateNew YorkPennsylvania
Best paying companyBloombergVeeva Systems
Best paying industryMediaMedia

Differences between negotiator and business development consultant education

There are a few differences between a negotiator and a business development consultant in terms of educational background:

NegotiatorBusiness Development Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common college-Western Carolina University

Negotiator vs business development consultant demographics

Here are the differences between negotiators' and business development consultants' demographics:

NegotiatorBusiness Development Consultant
Average age4444
Gender ratioMale, 47.4% Female, 52.6%Male, 64.1% Female, 35.9%
Race ratioBlack 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%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 Percentage11%11%

Differences between negotiator and business development consultant duties and responsibilities

Negotiator example responsibilities.

  • Manage the sales per FHLMC guidelines to ensure the integrity of each sale.
  • Identify and select Medicaid manage care providers for contracting opportunities.
  • Manage expectations of DCMA / DCAA regulators and when necessary defend evaluated/negotiated positions.
  • Provide assistance with escrow questions pertaining to taxes and insurance.
  • Prepare and submit reports as required by the IDIQ contracts.
  • Initiate initial mortgage insurance claims on cases that are covered by PMI.
  • Show more

Business development consultant example responsibilities.

  • Manage and negotiate key vendor relationships including financial transaction processing, product marketing, advertising and collateral fulfillment to maximize ROI.
  • Improve customer retention and customer satisfaction by implementing a CRM system.
  • Work alongside CEO in developing and implementing a sales training program/protocols for new salespeople using a customize CRM
  • Connect business processes through its online payroll solution, integrate human resource information system and cloud computing services.
  • Conduct extensive research to identify healthcare provider clients and physician job candidates.
  • Arrange in-person meetings to referring primary care providers and other community healthcare organizations.
  • Show more

Negotiator vs business development consultant skills

Common negotiator skills
  • Financial Statements, 11%
  • PowerPoint, 10%
  • Nielsen, 7%
  • Loan Modifications, 7%
  • Foreclosure, 6%
  • Strategic Sourcing, 4%
Common business development consultant skills
  • Healthcare, 13%
  • CRM, 9%
  • Cloud, 9%
  • Customer Satisfaction, 8%
  • Sales Training, 6%
  • Sales Pipeline, 5%

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