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The differences between strategic development directors and market 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 strategic development director and a market development manager. Additionally, a strategic development director has an average salary of $127,778, which is higher than the $111,159 average annual salary of a market development manager.
The top three skills for a strategic development director include strategic development, business development and RFP. The most important skills for a market development manager are digital marketing, market development, and competitor analysis.
| Strategic Development Director | Market Development Manager | |
| Yearly salary | $127,778 | $111,159 |
| Hourly rate | $61.43 | $53.44 |
| Growth rate | 10% | 10% |
| Number of jobs | 92,285 | 173,901 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A strategic development director is responsible for systematic fundraising and holistic collection of revenue. They foster an ongoing relationship with donors and carry out fundraising campaigns. They work to develop strategic goals for their organization and to create short- and long-term plans to meet those goals.
A market development manager is in charge of overseeing marketing operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around assessing existing projects and programs, identifying areas needing improvement, devising strategies to find new opportunities, and coordinating with different departments to ensure profitable growth and a strong client base. They are also in charge of creating training programs for new employees, managing the budget, and supervising marketing initiatives. Furthermore, as a manager, it is essential to lead and encourage teams to reach goals and optimal performance, all while implementing the company's policies and regulations.
Strategic development directors and market development managers have different pay scales, as shown below.
| Strategic Development Director | Market Development Manager | |
| Average salary | $127,778 | $111,159 |
| Salary range | Between $89,000 And $182,000 | Between $74,000 And $165,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | California | Maryland |
| Best paying company | SunPower | Apple |
| Best paying industry | Technology | Technology |
There are a few differences between a strategic development director and a market development manager in terms of educational background:
| Strategic Development Director | Market Development Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between strategic development directors' and market development managers' demographics:
| Strategic Development Director | Market Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 66.0% Female, 34.0% | Male, 70.0% Female, 30.0% |
| 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% |