Find The Best New Business Development Jobs For You

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Average Salary
$96,218
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
100,176
Job Openings

New Business Development Careers

If you are a new Business Developer Manager, you are responsible for growing the business by finding new opportunities for profit, research leads, establishing a relationship with clients, and arranging appointments for sales executives. You will work to improve your organization's market position. You will often work with internal teams like the marketing staff and other managers to increase sales opportunities.

You will be responsible for generating revenue for your company. To become a New Business Development Manager, you must have a bachelor's degree in marketing, business, or a related field. You need to have basic knowledge of CFM software and MS Office. There are companies that prefer you to hold a master's degree in management. At the very least, you need to understand market and marketing strategies.

The top skills you need to develop are creative skills to work with teams and customers, critical thinking, communication and analytical skills, and negotiation skills. You must be goal-focused and organized. You can make an average annual salary of $104,000 if you are good at your job.

There is more than meets the eye when it comes to being a new business development. For example, did you know that they make an average of $46.26 an hour? That's $96,218 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.

What Does a New Business Development Do

There are certain skills that many new business development have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed creativity, interpersonal skills and organizational skills.

When it comes to the most important skills required to be a new business development, we found that a lot of resumes listed 13.0% of new business development included business development, while 9.8% of resumes included new customers, and 9.8% of resumes included sales goals. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the new business development job title. But what industry to start with? Most new business development actually find jobs in the technology and manufacturing industries.

How To Become a New Business Development

If you're interested in becoming a new business development, one of the first things to consider is how much education you need. We've determined that 66.6% of new business development have a bachelor's degree. In terms of higher education levels, we found that 9.1% of new business development have master's degrees. Even though most new business development have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a new business development. When we researched the most common majors for a new business development, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on new business development resumes include master's degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a new business development. In fact, many new business development jobs require experience in a role such as account executive. Meanwhile, many new business development also have previous career experience in roles such as sales representative or account manager.

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Average Salary
$96,218
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
100,176
Job Openings

New Business Development Career Paths

Top Careers Before New Business Development

Top Careers After New Business Development

New Business Development Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a New Business Development

New Business Development in America make an average salary of $96,218 per year or $46 per hour. The top 10 percent makes over $133,000 per year, while the bottom 10 percent under $69,000 per year.
Average Salary
$96,218
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Best Paying Cities

City
ascdesc
Average Salarydesc
San Francisco, CA
Salary Range97k - 187k$135k$135,464
New York, NY
Salary Range86k - 155k$116k$115,906
Conroe, TX
Salary Range69k - 135k$97k$96,995
Grand Rapids, MI
Salary Range64k - 122k$89k$88,914
Philadelphia, PA
Salary Range65k - 117k$88k$87,576
Bowie, MD
Salary Range63k - 114k$85k$85,334
$47k
$187k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
New Business Development--Hospitality Chains
New Business Development--Hospitality Chains
American Recruiters
American Recruiters
01/21/2021
01/21/2021
$80,00001/21/2021
$80,000
New Business Development-Western States
New Business Development-Western States
Eurofins Scient.
Eurofins Scient.
12/12/2020
12/12/2020
$90,00012/12/2020
$90,000
New Business Developer
New Business Developer
Spherion
Spherion
09/16/2020
09/16/2020
$35,00009/16/2020
$35,000
New Business Developer
New Business Developer
Spherion
Spherion
08/14/2020
08/14/2020
$35,00008/14/2020
$35,000
Outside Sales-New Business Development
Outside Sales-New Business Development
W.W. Grainger, Inc.
W.W. Grainger, Inc.
08/04/2020
08/04/2020
$65,00008/04/2020
$65,000
See More Recent Salaries

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New Business Development Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a New Business Development. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a New Business Development Resume

At Zippia, we went through countless New Business Development resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

New Business Development Demographics

Gender

male

59.8 %

female

35.5 %

unknown

4.7 %

Ethnicity

White

73.3 %

Hispanic or Latino

10.9 %

Asian

8.7 %

Foreign Languages Spoken

Spanish

52.7 %

Japanese

6.6 %

French

6.6 %
See More Demographics

New Business Development Education

Majors

Business
32.0 %
Marketing
12.7 %

Degrees

Bachelors

66.6 %

Associate

10.2 %

Masters

9.1 %

Top Colleges for New Business Developments

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

5. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

6. Ohio State University

Columbus, OH • Private

In-State Tuition
$10,726
Enrollment
45,769

7. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

9. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990
See More Education Info

Online Courses For New Business Development That You May Like

New Product Development - develop your own new product
coursera

New product development is essential for the survival of many companies in the Hi-Tec sector, as well as other sectors. The percentage of sales of successful business organizations tied to the successful Introduction of new products and services is high. However, the failure rate of new products development projects is also high and therefore there is a need for a methodology based on a well-designed process as well as tools and techniques to manage New Product Development (NPD) projects. Since...

Customer Insights: New Product Development Orientation
coursera

This course is the first in the Customer Insights and New Product Development (CIPD) specialization. It will introduce learners to the tools and process of gathering customer insights for identifying and developing new product opportunities. Through an integrated set of five modules and hands-on project experiences, learners will acquire the knowledge and skills to turn their ideas gained from understanding customer needs into innovative new products...

New Product Development
edX (Global)

An effective process for conceiving, developing and launching new products or services is critical to becoming competitive in most industries. This course includes key concepts like new product development strategy, types of product development strategies and steps. This course involves (a) Organizational integration of the work of functional specialists, industrial designers, and other key participants within the firm. (b) Reducing the time-to-market while meeting cost and quality targets. ...

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Top Skills For a New Business Development

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 13.0% of new business development listed business development on their resume, but soft skills such as creativity and interpersonal skills are important as well.

Best States For a New Business Development

Some places are better than others when it comes to starting a career as a new business development. The best states for people in this position are California, New York, Washington, and New Jersey. New business development make the most in California with an average salary of $123,605. Whereas in New York and Washington, they would average $114,343 and $113,196, respectively. While new business development would only make an average of $108,059 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Arkansas

Total New Business Development Jobs:
756
Highest 10% Earn:
$175,000
Location Quotient:
1.36
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. California

Total New Business Development Jobs:
6,121
Highest 10% Earn:
$210,000
Location Quotient:
0.99
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. New York

Total New Business Development Jobs:
2,785
Highest 10% Earn:
$191,000
Location Quotient:
1.02
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top New Business Development Employers

1. Konecranes
4.4
Avg. Salary: 
$90,466
New Business Developments Hired: 
19+
2. Monster.com
4.6
Avg. Salary: 
$99,497
New Business Developments Hired: 
9+
3. Quiznos
4.6
Avg. Salary: 
$88,920
New Business Developments Hired: 
7+
4. AT&T
4.7
Avg. Salary: 
$102,146
New Business Developments Hired: 
6+
5. C.H. Robinson
4.4
Avg. Salary: 
$93,292
New Business Developments Hired: 
5+
6. Xerox
4.7
Avg. Salary: 
$104,760
New Business Developments Hired: 
5+

New Business Development Videos

Updated October 2, 2020