The average salary for a Business Development Manager is $3,072,255.
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$120k - $10m
$-66 - $5m
$197k - $1m
$200k - $10m
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Job Description for Business Development Manager
Business development managers are responsible for managing expectations and developing business solutions for their organizations. They are in charge of creating effective business plans to generate more revenue, increase brand loyalty, and improve customer satisfaction. Some of their main duties include brainstorming with other business development staff to define the scope of the project, review requirements, and approve timeframes. They work well with other company managers to oversee the p…Read more
Business Development Manager Tasks
- Achieve revenue goals.
- Maintain good working relationships with existing clients previously to enhance client retention and new sales through referrals and references.
- Identify and develop new and existing referral sources to develop successful referring relationships.
- Actively identify and generate prospects through strategic sales strategies focusing on customers in target markets.
Business Development Manager Job Listings
Popular Skills for Business Development Manager
Customer Relationship Management (CRM)
New Business Development
Skills in Customer Relationship Management (CRM), New Business Development, Sales Management and Business Strategy are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
Pay by Experience Level for Business Development Manager
An early career Business Development Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $1,820,223 based on 20 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of $3,230,000 based on 20 salaries. An experienced Business Development Manager with 10-19 years of experience earns an average total compensation of $6,500,000 based on 6 salaries.
Years of Experience
This data is based on 46 survey responses.
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