Manager, Marketing & Business Development Salary
Managers of Marketing & Business Development in the United States take home approximately $62K per year on average. Residence and tenure each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Managers of Marketing & Business Development. Men are in the minority of survey respondents, with female Managers of Marketing & Business Development making up 73 percent. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.
|Salary||$40,124 - $96,502|
|Bonus||$776 - $10,877|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$40,164 - $98,662|
Job Description for Manager, Marketing & Business Development
The marketing and business develop manager oversees strategies and staff working in marketing and business development. There are many types of marketing, and a few of the most common categories are direct marketing, network marketing, and Internet marketing; each involves communication with prospective and current clients, as well as developing strategies to successfully sell their product and advance the company's goals. The duties of the manager of marketing and business development include developing strategic marketing plans and analyses; collaborating with others to design, develop, and publish content online; and establishing communication with potential clients. Business development-related duties may include the creation of development strategies, educating staff on those strategies, and developing solutions to business development-related issues within their organization.Read More...
Managers of marketing and business development typically work full time in an office setting. However, travel (including extensive travel) may be required depending on the number and location of staff they oversee, as well as to meet with current and prospective clients.
A bachelor's degree in business or a related field is generally the minimum educational requirement for this position. The manager of marketing and business development must also be driven, enthusiastic, and have excellent marketing and business skills. These managers must also have excellent leadership skills and be comfortable working with others and solving problems in group settings. (Copyright 2017 PayScale.com)
Manager, Marketing & Business Development Tasks
- Research market size, market trends and statistics relative to market expansion opportunities.
- Support new initiatives with research, analysis, writing, the development of electronic collateral and Power Point presentations.
- Deliver high level support related to market intelligence to the sales and marketing teams.
- Research, analyze and report on marketplace trends and competitors.
Manager, Marketing & Business Development Job Listings
Popular Skills for Manager, Marketing & Business Development
Survey results imply that Managers of Marketing & Business Development deploy a substantial tool kit of skills at work. Most notably, facility with Strategic Planning, Sales Management, and Business Development are correlated to pay that is significantly above average, leading to increases of 48 percent, 30 percent, and 15 percent, respectively. Skills that seem to negatively impact pay include Social Media Marketing. It is often found that people who know Customer Relationship Management are also skilled in Microsoft Office.
Pay by Experience Level for Manager, Marketing & Business Development
Pay by Experience for a Manager, Marketing & Business Development has a positive trend. An entry-level Manager, Marketing & Business Development with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 52 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Manager, Marketing & Business Development with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $68,000 based on 42 salaries. An experienced Manager, Marketing & Business Development which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $69,000 based on 27 salaries. A Manager, Marketing & Business Development with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $85,000 based on 15 salaries.
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Key Stats for Manager, Marketing & Business Development
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