Avg. Base Salary (USD)
The average salary for a Business Development Manager is $67,959
What is the Pay by Experience Level for Business Development Managers?
An early career Business Development Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $49,564 based on 21 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of $70,124 based on 12 salaries. An …Read more
What Do Business Development Managers Do?
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 …Read more
- 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.