Post job

New business development vs director new business development

The differences between new business development and directors new business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a new business development and a director new business development. Additionally, a director new business development has an average salary of $110,272, which is higher than the $84,261 average annual salary of a new business development.

The top three skills for a new business development include senior level management, business development and CRM. The most important skills for a director new business development are business development, project management, and account management.

New business development vs director new business development overview

New Business DevelopmentDirector New Business Development
Yearly salary$84,261$110,272
Hourly rate$40.51$53.02
Growth rate10%10%
Number of jobs197,789154,470
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age3939
Years of experience1010

What does a new business development do?

New business development focuses on new business opportunities and new product innovation, including product design, business model design, and marketing. This includes a wide scope of responsibilities that includes marketing planning, strategic partnerships, and increased profitability. It is the responsibility of new business development agents to be aware of new market opportunities, possibilities for expansion, competitor product developments, and the company's current sources of revenue. This job can be summarized as the source of ideas, initiatives, and activities aimed in the direction of making a business better.

What does a director new business development do?

A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

New business development vs director new business development salary

New business development and directors new business development have different pay scales, as shown below.

New Business DevelopmentDirector New Business Development
Average salary$84,261$110,272
Salary rangeBetween $57,000 And $122,000Between $72,000 And $168,000
Highest paying CitySan Francisco, CASacramento, CA
Highest paying stateNew JerseyCalifornia
Best paying companyCitiWpp Us Holdings Inc
Best paying industryTechnologyEnergy

Differences between new business development and director new business development education

There are a few differences between a new business development and a director new business development in terms of educational background:

New Business DevelopmentDirector New Business Development
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

New business development vs director new business development demographics

Here are the differences between new business development' and directors new business development' demographics:

New Business DevelopmentDirector New Business Development
Average age3939
Gender ratioMale, 63.2% Female, 36.8%Male, 69.2% Female, 30.8%
Race ratioBlack or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage10%10%

Differences between new business development and director new business development duties and responsibilities

New business development example responsibilities.

  • Create, manage and update customer accounts on SalesForce customer database.
  • Utilize SalesForce to manage territory.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Negotiate TCO, leveraging ROI and relate metrics, at a high level in a mature market.
  • Facilitate communication between healthcare providers and client company contacts.
  • Deliver a complete energy solution that noticeably impact ROI savings for many industrial and manufacturing companies.
  • Show more

Director new business development example responsibilities.

  • Manage all duties of prospecting and closing new business from B2B to B2C clientele while performing CRM duties.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Direct request for proposal (RFP) and agency pitch processes from development to implementation.
  • Define the product strategy and personally establish OEM relationships including Intel, Compaq, and Microsoft.
  • Transform marketing strategy including the use of CRM technology and social media successfully engaging new potential clients.
  • Develop OEM project proposals for potential international partnerships.
  • Show more

New business development vs director new business development skills

Common new business development skills
  • Senior Level Management, 18%
  • Business Development, 15%
  • CRM, 10%
  • Sales Strategies, 6%
  • Sales Quota, 5%
  • Product Development, 3%
Common director new business development skills
  • Business Development, 20%
  • Project Management, 10%
  • Account Management, 9%
  • Business Strategies, 5%
  • Treasury, 5%
  • Corporate Clients, 5%

Browse executive management jobs