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The differences between senior territory business managers and business development sales 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 senior territory business manager and a business development sales manager. Additionally, a business development sales manager has an average salary of $111,309, which is higher than the $69,751 average annual salary of a senior territory business manager.
The top three skills for a senior territory business manager include neurologists, business development and oncology. The most important skills for a business development sales manager are business development, customer service, and CRM.
| Senior Territory Business Manager | Business Development Sales Manager | |
| Yearly salary | $69,751 | $111,309 |
| Hourly rate | $33.53 | $53.51 |
| Growth rate | 5% | 5% |
| Number of jobs | 112,398 | 181,115 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior territory business manager is responsible for overseeing the business functions and operations under the assigned district. Senior territory business managers strategize project management techniques to handle the company's key accounts efficiently. They also identify business opportunities by conducting data and statistical analysis to generate more revenue resources and increase profits for the business. A senior territory business manager coordinates with clients, negotiates contracts and agreements, and maintain healthy business relationships with business partners.
A business development sales manager is in charge of securing sales by reaching out to clients through calls, correspondence, or appointments. Their responsibilities often revolve around performing research and analysis to identify new leads and sales opportunities, offering different products and services, and creating proposals and price quotes for potential clients. A business development sales manager may also tailor payment plans, process billing, participate in various marketing initiatives, and produce progress reports. Furthermore, it is essential to ensure customer satisfaction and build positive relationships to strengthen the company's client base.
Senior territory business managers and business development sales managers have different pay scales, as shown below.
| Senior Territory Business Manager | Business Development Sales Manager | |
| Average salary | $69,751 | $111,309 |
| Salary range | Between $47,000 And $101,000 | Between $68,000 And $179,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Pennsylvania |
| Best paying company | - | Avient |
| Best paying industry | - | Professional |
There are a few differences between a senior territory business manager and a business development sales manager in terms of educational background:
| Senior Territory Business Manager | Business Development Sales Manager | |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between senior territory business managers' and business development sales managers' demographics:
| Senior Territory Business Manager | Business Development Sales Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 74.3% Female, 25.7% |
| 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% |