Senior director of business development vs director of product development

The differences between senior directors of business development and directors of product 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 senior director of business development and a director of product development. Additionally, a senior director of business development has an average salary of $151,656, which is higher than the $140,507 average annual salary of a director of product development.

The top three skills for a senior director of business development include healthcare, CRM and client facing. The most important skills for a director of product development are product development, project management, and product management.

Senior director of business development vs director of product development overview

	Senior Director Of Business Development	Director Of Product Development
Yearly salary	$151,656	$140,507
Hourly rate	$72.91	$67.55
Growth rate	10%	10%
Number of jobs	165,086	175,429
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 71%
Average age	39	39
Years of experience	10	10

What does a senior director of business development do?

A senior director of business development is in charge of overseeing the sales and marketing operations of a company, ensuring efficiency and smooth workflow. Their responsibilities revolve around devising strategies to strengthen internal and external relationships, coordinating with analysts to find new sales opportunities, utilizing the latest trends, identifying consumer needs, and enforcing corrective measures on operations needing improvement. Furthermore, as a senior director of business development, it is essential to lead and spearhead projects, all while adhering to the company's vision and mission.

What does a director of product development do?

A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.

Senior director of business development vs director of product development salary

Senior directors of business development and directors of product development have different pay scales, as shown below.

	Senior Director Of Business Development	Director Of Product Development
Average salary	$151,656	$140,507
Salary range	Between $106,000 And $215,000	Between $100,000 And $196,000
Highest paying City	Seattle, WA	San Mateo, CA
Highest paying state	Washington	California
Best paying company	VMware	Apple
Best paying industry	Professional	Manufacturing

Differences between senior director of business development and director of product development education

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

	Senior Director Of Business Development	Director Of Product Development
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Senior director of business development vs director of product development demographics

Here are the differences between senior directors of business development' and directors of product development' demographics:

	Senior Director Of Business Development	Director Of Product Development
Average age	39	39
Gender ratio	Male, 78.8% Female, 21.2%	Male, 72.0% Female, 28.0%
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%

Differences between senior director of business development and director of product development duties and responsibilities

Senior director of business development example responsibilities.

Negotiate first ever manage Medicaid contract base on new method of reimbursement.
Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
Solicit search service to clients in the healthcare, financial and medical devices industries.
Approve contract negotiations, pricing approvals, RFP, RFI response and technical requirements.
Utilize social media marketing and CRM system to create, monitor and complete multiple sales projects to completion.
Respond to RFP's, RFB's, LOI's, and other public documents in competitive situations.

Director of product development example responsibilities.

Organize and manage project meetings between partners, vendors, and associates using both scrum and waterfall methodologies.
Manage long-term care, hospital transition, and Medicaid- Medicare expansion initiatives, that includes model of care design and implementation )
Manage packaging design and nutritional labeling within QA guidelines.
Manage company intellectual portfolio and develop key relationships with vendors and clients including leading global technology companies.
Develop using Java, JSP, J2EE, CSS, DHTML, HTML, Plugins and JavaScript.
Prepare proposals for new projects, including project feasibility, ROI, expenses and costs.

Senior director of business development vs director of product development skills

Common senior director of business development skills

Healthcare, 11%
CRM, 6%
Client Facing, 5%
Logistics, 4%
Sales Strategy, 4%
SVP, 4%

Common director of product development skills

Product Development, 12%
Project Management, 9%
Product Management, 9%
R, 7%
Product Strategy, 4%
Market Research, 3%

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Senior Director Of Business Development
Senior Director Of Business Development vs Director Of Product Development

Updated January 8, 2025

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