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The differences between sales and marketing vice presidents and directors new business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a sales and marketing vice president, becoming a director new business development takes usually requires 8-10 years. Additionally, a sales and marketing vice president has an average salary of $169,384, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a sales and marketing vice president include product development, revenue growth and strategic partnerships. The most important skills for a director new business development are business development, project management, and account management.
| Sales And Marketing Vice President | Director New Business Development | |
| Yearly salary | $169,384 | $110,272 |
| Hourly rate | $81.43 | $53.02 |
| Growth rate | 5% | 10% |
| Number of jobs | 158,926 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 76% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
A sales and marketing vice president is responsible for managing brand awareness, developing strategic promotional plans, and preparing marketing campaigns to attract existing. Potential customers increase sales revenues and improve the company's profitability. A sales and marketing vice president monitors the sales team, reviews the sales budget, researches the current industry trends to identify business opportunities, and allocates resources efficiently. A sales and marketing vice president must have excellent leadership and communication skills to discuss services with clients and set long-term sales development goals.
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.
Sales and marketing vice presidents and directors new business development have different pay scales, as shown below.
| Sales And Marketing Vice President | Director New Business Development | |
| Average salary | $169,384 | $110,272 |
| Salary range | Between $99,000 And $289,000 | Between $72,000 And $168,000 |
| Highest paying City | Burlingame, CA | Sacramento, CA |
| Highest paying state | Maine | California |
| Best paying company | Genentech | Wpp Us Holdings Inc |
| Best paying industry | Technology | Energy |
There are a few differences between a sales and marketing vice president and a director new business development in terms of educational background:
| Sales And Marketing Vice President | Director New Business Development | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between sales and marketing vice presidents' and directors new business development' demographics:
| Sales And Marketing Vice President | Director New Business Development | |
| Average age | 46 | 39 |
| Gender ratio | Male, 83.6% Female, 16.4% | Male, 69.2% Female, 30.8% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 10% |