The average salary for an Experienced Vice President (VP), Business Development with Business to Business (B2B) Sales skills is $130,093.
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$78k - $186k
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Job Description for Vice President (VP), Business Development
One of the major responsibilities for vice presidents of business development is developing and executing company sales and marketing plans, including implementing new ideas and tools for the company. They provide direction and planning for the company and oversee the workings of the company. A vice president of business development must work closely with a team of salespeople, management and lower-level employees. Vice presidents of development must secure contracts with new customers, as we…Read more
Vice President (VP), Business Development Tasks
- Oversee the formation of business partnerships and negotiation of contracts.
- Lead company's planning and execution of strategies to increase sales and company growth.
- Manage business development and sales staff.
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Popular Skills for Vice President (VP), Business Development
New Business Development
Skills in Business Development, New Business Development, Strategy Development, Strategic Sales and Contract Negotiation are correlated to pay that is above average.
Pay by Experience Level for Vice President (VP), Business Development
An early career Vice President (VP), Business Development with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $79,327 based on 24 salaries. A mid-career Vice President (VP), Business Development with 5-9 years of experience earns an average total compensation of $118,222 based on 40 salaries. In their late career (20 years and higher), employees earn an average total compensation of $143,807.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Vice President (VP), Business Development in their job title in Seattle, Washington earn an average of 35.9% more than the national average. These job titles also find higher than average salaries in San Francisco, California (15.8% more) and New York, New York (13.4% more). The lowest salaries can be found in Miami, Florida (19.3% less) and Atlanta, Georgia (4.1% less).
Years of Experience
This data is based on 176 survey responses.
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