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The differences between senior channel managers and senior business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior channel manager and a senior business development manager. Additionally, a senior channel manager has an average salary of $142,754, which is higher than the $129,638 average annual salary of a senior business development manager.
The top three skills for a senior channel manager include channel marketing, digital marketing and customer satisfaction. The most important skills for a senior business development manager are healthcare, cloud, and business relationships.
| Senior Channel Manager | Senior Business Development Manager | |
| Yearly salary | $142,754 | $129,638 |
| Hourly rate | $68.63 | $62.33 |
| Growth rate | 10% | 10% |
| Number of jobs | 68,002 | 204,172 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A senior channel manager is someone who focuses on channel sales and marketing to clients and customers. The channel manager acts as part of a company's middle management branch that coordinates with all concerning sales through channel marketing. The channel manager monitors and analyzes all information on channel sales, communications with clients and customers in all company channels, improve relationships, and build trust. In companies with different marketing channels, this position is crucial, and a person with channel marketing expertise is highly preferred.
As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.
Senior channel managers and senior business development managers have different pay scales, as shown below.
| Senior Channel Manager | Senior Business Development Manager | |
| Average salary | $142,754 | $129,638 |
| Salary range | Between $99,000 And $205,000 | Between $94,000 And $178,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | Levi Strauss & Co. | Shearman & Sterling |
| Best paying industry | Start-up | Manufacturing |
There are a few differences between a senior channel manager and a senior business development manager in terms of educational background:
| Senior Channel Manager | Senior Business Development Manager | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior channel managers' and senior business development managers' demographics:
| Senior Channel Manager | Senior Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 58.7% Female, 41.3% | Male, 74.8% Female, 25.2% |
| Race ratio | 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% | 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 | 10% | 10% |