The average salary for a Market Development Manager is $78,998.
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What Do Market Development Managers Do?
Market development managers are tasked with increasing both profit and volume for their companies. Generally, they are assigned to particular territories for which they are responsible, and may have to research potential client and reach out to them in-person, by phone, or electronically.
When working with customers, market development managers may take orders in-person after presenting their products. Of course, they must have complete knowledge of their own products and related products to ap…Read more
Market Development Manager Tasks
- Achieve revenue goals.
- Spearhead development of marketing.
- Provide and coordinate presentations.
- Drive strategic development.
- Develop and retain clientele.
Job Satisfaction for Market Development Manager
Popular Employer Salaries for Market Development Manager
The top respondents for the job title Market Development Manager are from the companies BDS Marketing Inc, PepsiCo Inc and The Coca-Cola Company. Reported salaries are highest at PepsiCo Inc where the average pay is $75,216. Other companies that offer high salaries for this role include Thermo Fisher Scientific, Inc., earning around $74,500. BDS Marketing Inc pays the lowest at around $36,107. The Coca-Cola Company also pays on the lower end of the scale, paying $51,000.
Explore the most common career paths for Market Development Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Market Development Manager
Business Development Manager
Business Development Analyst
Somewhat common (8 - 20%)
Market Development Manager Job Listings
What Are Popular Skills for Market Development Managers?
Skills in Business Development and Strategic Marketing are correlated to pay that is above average. Skills that pay less than market rate include Sales Management, Marketing Management and Sales.
What is the Pay by Experience Level for Market Development Managers?
An early career Market Development Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $63,102 based on 65 salaries. A mid-career Market Development Manager with 5-9 years of experience earns an average total compensation of $77,353 based on 72 salaries. An experienced Market Development Manager with 10-19 years of experience earns an average total compensation of $92,374 based on 58 salaries. In their late career (20 years and higher), employees earn an average total compensation of $103,177.
Pay Difference by Location
Employees with Market Development Manager in their job title in Houston, Texas earn an average of 36.1% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (15.5% more) and Los Angeles, California (13.9% more). The lowest salaries can be found in Columbia, South Carolina (29.9% less).
Years of Experience
This data is based on 220 survey responses.