The average salary for a Business Development Manager with Account Management skills is $70,031.
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$45k - $117k
$2k - $31k
$1k - $18k
$5k - $40k
$47k - $132k
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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
- 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.
- Achieve revenue goals.
- Maintain good working relationships with existing clients previously to enhance client retention and new sales through referrals and references.
Popular Employer Salaries for Business Development Manager
The top respondents for the job title Business Development Manager are from the companies Advantage Sales & Marketing, LLC, Amazon.com Inc and Maxim Healthcare Services. Reported salaries are highest at Amazon.com Inc where the average pay is $80,680. Other companies that offer high salaries for this role include American Express Co. (AMEX) and PC Connection, Inc., earning around $71,500 and $70,986, respectively. Scansource, Inc. pays the lowest at around $49,579. Maxim Healthcare Services and Advantage Sales & Marketing, LLC also pay on the lower end of the scale, paying $54,045 and $57,738, respectively.
Business Development Manager Job Listings
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Popular Skills for Business Development Manager
New Business Development
Skills in New Business Development and Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Sales Management, Sales and Customer Relationship Management (CRM).
Pay by Experience Level for Business Development Manager
An entry-level Business Development Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $51,379 based on 29 salaries. An early career Business Development Manager with 1-4 years of experience earns an average total compensation of $59,731 based on 794 salaries. A mid-career Business Development Manager with 5-9 years of experience earns an average total compensation of $71,084 based on 801 salaries. An experienced Business Development Manager with 10-19 years of experience earns an average total compensation of $80,685 based on 650 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,256.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Business Development Manager in their job title in Houston, Texas earn an average of 28.8% more than the national average. These job titles also find higher than average salaries in San Francisco, California (28.6% more) and New York, New York (5.0% more). The lowest salaries can be found in Dallas, Texas (7.4% less) and Chicago, Illinois (6.9% less).
Years of Experience
This data is based on 2,659 survey responses.
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