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The differences between regional business managers and business development account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a regional business manager and a business development account manager. Additionally, a regional business manager has an average salary of $124,644, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a regional business manager include patients, regional business and sales strategies. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Regional Business Manager | Business Development Account Manager | |
| Yearly salary | $124,644 | $99,209 |
| Hourly rate | $59.92 | $47.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 148,007 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A regional business manager is responsible for monitoring the overall business transactions and sales performance of a company within the designated region. Regional business managers review and negotiate business contracts with existing and potential clients and acknowledge their requests according to business regulations. They respond to the clients' inquiries and concerns regarding the company's services and discuss campaigns with the marketing and sales department. A regional business manager must have excellent communication and leadership skills, especially in handling the staff's performance and facilitating programs to reach their maximum potential and productivity.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
Regional business managers and business development account managers have different pay scales, as shown below.
| Regional Business Manager | Business Development Account Manager | |
| Average salary | $124,644 | $99,209 |
| Salary range | Between $94,000 And $164,000 | Between $57,000 And $170,000 |
| Highest paying City | Salem, OR | San Francisco, CA |
| Highest paying state | Oregon | New Hampshire |
| Best paying company | BNP Paribas | Meta |
| Best paying industry | Pharmaceutical | - |
There are a few differences between a regional business manager and a business development account manager in terms of educational background:
| Regional Business Manager | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between regional business managers' and business development account managers' demographics:
| Regional Business Manager | Business Development Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 73.1% Female, 26.9% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |