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Salary and Benefits

Business Development Manager
$59K-$73K / yr. (est.)
$60K
$66,559 / year
$73K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Business Development Manager

What does a Business Development Manager do?

As business development managers, our primary goal is to generate revenue for our organization by identifying and pursuing new business opportunities. We lead initiatives to generate and engage with business partners, enter into new markets, or reach existing markets in new ways. The exact nature of our job depends on the industry, but usually we attend various networking events, reach out to potential customers, or respond to incoming leads. Coordinating across departments, we develop sales strategies, proposals and sales pitches.

Core tasks:

  • ownership of business development pipeline
  • identifying new business opportunities and cross-selling opportunities
  • developing new sales strategies
  • developing new relationships
  • cultivating existing business relationships

Insights

How Many Years of Experience Do Professionals Need Before Becoming Business Development Manager?
On average, people work 7+ years in other positions prior to becoming a Business Development Manager.
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Business Development ManagerMiami, FL - 6 months ago
Well, well, well! Looks like some people don't have the patience or perseverance to climb up the ladder. It's called experience, folks!
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Business Development ManagerSan Francisco, CA - 6 months ago
🤔 I wonder if these years in other positions are really necessary or if it's just an unnecessary hurdle to becoming a Business Development Manager.
How Long Do Business Development Manager Employees Typically Stay in Their Roles?
On average, Business Development Managers works in this position for 3-5 years across multiple employers.
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HR ManagerHouston, TX - 6 months ago
🙄 This infographic oversimplifies the role of a Business Development Manager. Trust me, it takes much longer than 3-5 years to build the necessary relationships and skills to succeed in this field.
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EntrepreneurMiami, FL - 6 months ago
Sure, 3-5 years is enough if you want mediocre results. As an entrepreneur, I've seen Business Development Managers who have worked for longer and still struggle. This graphic underestimates the true challenges of the position. 💩
What Is the Job Hopper Score for Business Development Manager Employees?
Moderate job changes in Business Development Manager, showing some career movement without excessive turnover.
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HR ManagerHouston, TX - 6 months ago
🤔 Do the frequent job changes show adaptability or lack of commitment from the Business Development Managers? This infographic leaves me with mixed feelings.
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Financial AnalystMiami, FL - 6 months ago
you'd think Business Development Managers would want stability to foster strong client relationships, but it seems like some enjoy job hopping 🤷

Career path

Path to job

Discover a Business Development Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Business Development Manager typically studied at.
Arizona State University-Tempe
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Business Development Manager Employees?
Gender ratio in Business Development Manager position: 0.716385322955625 Male and 0.283614677044375 Female. Age ratio in Business Development Manager position: 16-20: 3%, 21-30: 46%, 31-40: 30%, 41-50: 14%, 51-60: 6%, 60+: 1%. Business Development Manager position is predominantly male (71.6%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Business Development ManagerPhoenix, AZ - 6 months ago
Interesting to see that the majority of Business Development Managers are in their 20s and 30s. It's a field with great opportunities for young professionals! 📈
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Business Development ManagerPhiladelphia, PA - 6 months ago
Why does age matter? As long as you have the necessary skills and drive, you can excel in any position. Let's stop focusing on numbers and start focusing on impact! 💪

Workplaces

Who Are the Top Employers for Business Development Manager?
Top employers of Business Development Manager position: Advantage Solutions, Allergan, Amazon. People who work in Business Development Manager position most typically go on to work for the Advantage Solutions.
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Business Development ManagerChicago, IL - 6 months ago
Amazon? Seriously? They should stick to e-commerce, not business development.
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Business Development ManagerHouston, TX - 6 months ago
It's the quality of work that matters, not the size of the employer. Don't underestimate the small players!
Advantage Solutions
Allergan
Amazon
What Industries Does Business Development Manager Typically Have Experience In?
Industry Background: The most typical industries of Business Development Manager: Information Technology, Manufacturing, Professional / Scientific / Technical, Administrative & Support, Retail. Business Development Manager employees most likely come from a Information Technology industry background.
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Business Development ManagerNew York City, NY - 6 months ago
Gotta say, working as a Business Development Manager in the Administrative & Support industry is far from boring. You're constantly juggling projects, coordinating with multiple teams, and finding creative solutions for growth!
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Business Development ManagerMiami, FL - 6 months ago
The retail industry can be a rollercoaster ride. From analyzing customer trends to developing strategies to increase sales, being a Business Development Manager in retail requires perseverance and adapting to the ever-changing market! 💪

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Discussion about Business Development Manager

Want to know more about Business Development Manager position?
Share your thoughts and ideas about Business Development Manager position with others in our community.
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Can you work as a Business Development Manager if you are a freelancer?
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8 weeks ago
Yes
What is the women/men ratio in the job of Business Development Manager?
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Sophie Hayes3 years ago
More men than women work as a Business Development Manager.
How old are people who work as a Business Development Manager?
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Isabella Holmes3 years ago
The typical age is 33.
How many years of experience do you usually have as a Business Development Manager?
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Benjamin Gardner3 years ago
You should work for 7 years on average to become a Business Development Manager.
What industries does a Business Development Manager typically work in?
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Benjamin Gardner3 years ago
Manufacturing is typical for a Business Development Manager to work in.
Do I need a degree to work as a Business Development Manager?
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Benjamin Gardner3 years ago
Bachelor of Science degree is the typical for a Business Development Manager
Which company are you working for as a Business Development Manager?
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Liam Brown3 years ago
Working as a Business Development Manager it might be a good next step to work for Advantage Solutions, Allergan, Amazon, American Express and Cisco
How long do you usually work as a Business Development Manager before changing to another position?
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Sophie Hayes3 years ago
4 years is the typical lifespan for a Business Development Manager.
Is it frequent for people to switch companies and still work as a Business Development Manager?
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Sophie Hayes3 years ago
On average a Business Development Manager works for only a few companies.
What occupations do people usually work in before becoming a Business Development Manager?
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Liam Brown3 years ago
Account Manager, Account Executive or Sales Manager are the typical prior positions for a Business Development Manager
What can be the next step in your career path from Business Development Manager?
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Liam Brown3 years ago
Director OF Business Development, Account Executive or Account Manager can be a good next step
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Disclaimer

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