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Salary and Benefits

Market Development Manager
$61K-$75K / yr. (est.)
$62K
$68,588 / year
$75K
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 Market Development Manager

What does a Market Development Manager do?

As market development managers, we are marketing professionals specializing in reaching new market segments, or non-buying customers in already targeted segments. For this, we develop and implement strategies impacting pricing, selling channels, product design, and more. We are also often in charge of account management and distributor partner management.

Core tasks:

  • conducting and evaluating market research
  • developing and executing strategies for expanding customer base
  • account management and new account development
  • providing market feedback and competitive intelligence to leadership
  • providing support to sales teams
  • management of channel partners and distributors

Insights

How Many Years of Experience Do Professionals Need Before Becoming Market Development Manager?
On average, people work 7+ years in other positions prior to becoming a Market Development Manager.
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Market Development ManagerSeattle, WA - 8 months ago
7+ years, huh? well, as the saying goes - patience is a virtue. 🕰
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Market Development ManagerMiami, FL - 7 months ago
I don't buy it! I want to be a market development manager now, not in 7 years! 😤
How Long Do Market Development Manager Employees Typically Stay in Their Roles?
On average, Market Development Managers works in this position for 3-5 years across multiple employers.
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Product SpecialistDallas, TX - 8 months ago
I can see why they might move on after a few years. Being a Market Development Manager requires not just expertise in the market, but also the ability to handle constant change and pressure. It's intense! 💪
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Business ConsultantMiami, FL - 8 months ago
tbh, 3-5 years in this role is more than enough. 🔥 The knowledge and connections gained by a skilled Market Development Manager can easily propel them into higher management positions!
What Is the Job Hopper Score for Market Development Manager Employees?
Moderate job changes in Market Development Manager, showing some career movement without excessive turnover.
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HR CoordinatorHouston, TX - 8 months ago
Frankly, this image doesn't excite me at all. It seems to show minimal changes and little room for professional growth. 😞
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Marketing AssistantBoston, MA - 8 months ago
i love seeing this! it's encouraging and motivating to witness the steady career growth that can be achieved as a Market Development Manager! 🌟

Career path

Path to job

Discover a Market Development Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Market Development Manager typically studied at.
Penn State University
Texas A&M University-Texarkana

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Market Development Manager Employees?
Gender ratio in Market Development Manager position: 0.708804385063378 Male and 0.291195614936622 Female. Age ratio in Market Development Manager position: 16-20: 2%, 21-30: 45%, 31-40: 34%, 41-50: 14%, 51-60: 4%, 60+: 1%. Market Development Manager position is predominantly male (70.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Market Development ManagerSan Francisco, CA - 7 months ago
As a woman working in this field, this data doesn't surprise me. It's a constant battle against gender bias and inequality. 🚺
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Market Development ManagerMiami, FL - 7 months ago
Wow, I feel like a rare species being a female in this position. This needs to change! 👩

Workplaces

Who Are the Top Employers for Market Development Manager?
Top employers of Market Development Manager position: BDS Marketing, Constellation Brands, PepsiCo. People who work in Market Development Manager position most typically go on to work for the BDS Marketing.
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Market Development ManagerHouston, TX - 7 months ago
I find it hard to believe that Constellation Brands is on this list. This image must be outdated.
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Market Development ManagerPhoenix, AZ - 7 months ago
Um, excuse me, but this infographic seems biased and inaccurate. Who even made it?
BDS Marketing
Constellation Brands
PepsiCo
What Industries Does Market Development Manager Typically Have Experience In?
Industry Background: The most typical industries of Market Development Manager: Manufacturing, Retail, Information Technology, Professional / Scientific / Technical, Wholesale. Market Development Manager employees most likely come from a Manufacturing industry background.
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Market Development ManagerHouston, TX - 8 months ago
No way, friend! 👎 Market Development Managers also analyze market trends, competitors, and develop growth plans. It's way more than schmoozing and fancy meetings.
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Market Development ManagerMiami, FL - 8 months ago
💪 Well, that's why they earn the big bucks, my man! They coordinate cross-functional teams, develop pricing strategies, and work towards expanding the company's market share. It's a challenging job!

Find your job as Market Development Manager

Discussion about Market Development Manager

Want to know more about Market Development Manager position?
Share your thoughts and ideas about Market Development Manager position with others in our community.
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Do a lot of women work as a Market Development Manager?
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Sophie Hayes3 years ago
Mostly men choose this job, but women also choose this.
How old are people who work as a Market Development Manager?
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Sophie Hayes3 years ago
33 is the average age of people working as a Market Development Manager.
How many years of experience do you usually have as a Market Development Manager?
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Benjamin Gardner3 years ago
You probably need around 7 years to work as a Market Development Manager
Which industries have a lot of people working in Market Development Manager roles?
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Liam Brown3 years ago
Manufacturing is the most frequent for a Market Development Manager.
Is a higher education needed as a Market Development Manager?
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Isabella Holmes3 years ago
Bachelor of Science degree is the typical for a Market Development Manager
As a Market Development Manager, which company should I definitely check out for jobs?
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Liam Brown3 years ago
Working as a Market Development Manager it might be a good next step to work for BDS Marketing, Constellation Brands, PepsiCo, The Coca-Cola Company and Thermo Fisher Scientific
How long do you usually work as a Market Development Manager before changing to another position?
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Liam Brown3 years ago
A Market Development Manager typically changes positions after 4 years.
How likely is it for people working as a Market Development Manager to switch companies still working as a Market Development Manager?
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Benjamin Gardner3 years ago
A typical Market Development Manager might work for one or two companies.
What occupations do people usually work in before becoming a Market Development Manager?
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Benjamin Gardner3 years ago
Typical prior positions for a Market Development Manager are Account Manager, Product Manager or Business Development Manager
What are the typical next steps for someone working as a Market Development Manager?
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Benjamin Gardner3 years ago
Consider the following: Business Development Manager, Marketing Manager or Regional Sales Manager
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Disclaimer

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