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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.
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.
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.
Negotiators and business development consultants have different pay scales, as shown below.
| Negotiator | Business Development Consultant | |
| Average salary | $63,632 | $85,153 |
| Salary range | Between $35,000 And $114,000 | Between $52,000 And $137,000 |
| Highest paying City | Islip, NY | Minneapolis, MN |
| Highest paying state | New York | Pennsylvania |
| Best paying company | Bloomberg | Veeva Systems |
| Best paying industry | Media | Media |
There are a few differences between a negotiator and a business development consultant in terms of educational background:
| Negotiator | Business Development Consultant | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | - | Western Carolina University |
Here are the differences between negotiators' and business development consultants' demographics:
| Negotiator | Business Development Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 47.4% Female, 52.6% | Male, 64.1% Female, 35.9% |
| Race ratio | 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% | 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 | 11% | 11% |