Post job

Prospector vs business development representative

The differences between prospectors and business development representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a prospector has an average salary of $53,179, which is higher than the $47,240 average annual salary of a business development representative.

The top three skills for a prospector include outbound calls, lead generation and foreclosure. The most important skills for a business development representative are business development, work ethic, and customer service.

Prospector vs business development representative overview

ProspectorBusiness Development Representative
Yearly salary$53,179$47,240
Hourly rate$25.57$22.71
Growth rate5%4%
Number of jobs1,981269,704
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 70%
Average age4544
Years of experience12-

Prospector vs business development representative salary

Prospectors and business development representatives have different pay scales, as shown below.

ProspectorBusiness Development Representative
Average salary$53,179$47,240
Salary rangeBetween $25,000 And $109,000Between $26,000 And $82,000
Highest paying City-San Francisco, CA
Highest paying state-Alaska
Best paying company-Wipro Limited
Best paying industry-Manufacturing

Differences between prospector and business development representative education

There are a few differences between a prospector and a business development representative in terms of educational background:

ProspectorBusiness Development Representative
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaStanford University

Prospector vs business development representative demographics

Here are the differences between prospectors' and business development representatives' demographics:

ProspectorBusiness Development Representative
Average age4544
Gender ratioMale, 58.3% Female, 41.7%Male, 50.9% Female, 49.1%
Race ratioBlack or African American, 1.2% Unknown, 4.9% Hispanic or Latino, 7.2% Asian, 2.8% White, 83.3% American Indian and Alaska Native, 0.6%Black or African American, 6.8% Unknown, 4.1% Hispanic or Latino, 16.3% Asian, 5.6% White, 66.9% American Indian and Alaska Native, 0.4%
LGBT Percentage4%5%

Differences between prospector and business development representative duties and responsibilities

Prospector example responsibilities.

  • Develop strong relationships in Bronx community and achieve a solid reputation as a Medicaid seller.
  • Process customer loans in active foreclosure to assist in options on keeping their homes or advise in liquidation options.
  • Communicate errors to appropriate personnel for resolution as necessary to prevent contest or impair foreclosure actions.
  • Account analysis and preparation, assessing customer needs, and preparation of professional sales recommendations tailor to each customer s business.
  • Recognize as a team leader and receive many corporate sales achievement awards.
  • Prospect and generate sales revenue by adding new program residential customers and cross selling and upselling current residential customers.

Business development representative example responsibilities.

  • Lead BDR team in overall net new leads and opportunities in 2013 , 2014 and to date 2015
  • Follow up on leads generate from web hits, public Webinar registrations and tradeshows.
  • Write content and manage marketing automation through Pardot, creating campaigns and analyzing results.
  • Create hold leads into SalesForce cloud system for further outbound call on possible sale.
  • Manage customer portfolios, service relationships and cross-selling of all company's products and services.
  • Lead firm s social media presence on Facebook, Instagram, and Google+ and launch.
  • Show more

Prospector vs business development representative skills

Common prospector skills
  • Outbound Calls, 48%
  • Lead Generation, 28%
  • Foreclosure, 13%
  • Cold Calls, 11%
Common business development representative skills
  • Business Development, 19%
  • Work Ethic, 7%
  • Customer Service, 7%
  • BDR, 6%
  • Sales Cycle, 4%
  • Lead Generation, 4%

Browse life, physical, and social science jobs