The average salary for a Business Development Executive is $73,167.
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$41k - $163k
$3k - $51k
$1k - $31k
$5k - $52k
$46k - $191k
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Job Description for Business Development Executive
Duties of a business development executive may vary, but typically include: - Attracting new consumers in an effort to sell more products through the use of effective marketing practices. -Finding other brands and companies to work alongside to reach out to other markets and to establish joint ventures. -Research other brands and market trends, brainstorming ideas for new products and services. -Build the brand's reputation with the consumer. - Work closely with the regional sales managers …Read more
Business Development Executive Tasks
- Develop positive business relationships with clients.
- Identify and pursue new opportunities for business partnerships.
- Write business proposals and lead negotiation of contract terms.
- Evaluate the benefits and risks of potential partnerships.
Job Satisfaction for Business Development Executive
Popular Employer Salaries for Business Development Executive
The top respondents for the job title Business Development Executive are from the companies International Business Machines (IBM) Corp., Staples, Inc. and Amazon.com Inc. Reported salaries are highest at International Business Machines (IBM) Corp. where the average pay is $174,086. Other companies that offer high salaries for this role include Amazon.com Inc, earning around $120,000. Gartner Group Inc pays the lowest at around $68,496. Staples, Inc. also pays on the lower end of the scale, paying $68,500.
Business Development Executive Job Listings
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Popular Skills for Business Development Executive
New Business Development
Skills in New Business Development, Business Development, Strategic Sales and Client Interaction are correlated to pay that is above average. Skills that pay less than market rate include Account Sales.
Pay by Experience Level for Business Development Executive
An entry-level Business Development Executive with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $46,067 based on 22 salaries. An early career Business Development Executive with 1-4 years of experience earns an average total compensation of $53,153 based on 279 salaries. A mid-career Business Development Executive with 5-9 years of experience earns an average total compensation of $70,842 based on 223 salaries. An experienced Business Development Executive with 10-19 years of experience earns an average total compensation of $89,006 based on 305 salaries. In their late career (20 years and higher), employees earn an average total compensation of $119,160.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Business Development Executive in their job title in Minneapolis, Minnesota earn an average of 22.6% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (19.5% more) and Atlanta, Georgia (6.7% more). The lowest salaries can be found in Chicago, Illinois (15.4% less) and Denver, Colorado (0.5% less).
Years of Experience
This data is based on 1,054 survey responses.
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