1. What is the average salary of a Business Development Director?
The average annual salary of Business Development Director is $181,101.
In case you are finding an easy salary calculator,
the average hourly pay of Business Development Director is $87;
the average weekly pay of Business Development Director is $3,483;
the average monthly pay of Business Development Director is $15,092.
2. Where can a Business Development Director earn the most?
A Business Development Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Business Development Director earns the most in San Jose, CA, where the annual salary of a Business Development Director is $228,423.
3. What is the highest pay for Business Development Director?
The highest pay for Business Development Director is $228,650.
4. What is the lowest pay for Business Development Director?
The lowest pay for Business Development Director is $146,998.
5. What are the responsibilities of Business Development Director?
Directs the execution of the business development vision, strategy, plans, and processes to drive sales, increase revenue, expand markets, and accomplish financial objectives. Identifies and evaluates new markets, partners, channels, and customers. Develops and uses contacts and relationships within the industry, business environment, and customer base to understand and respond to competition, pricing, and product demand changes. Oversees the development of proposals and contracts for new business opportunities and manages negotiations. Collaborates with marketing, sales, product development, and other stakeholders to support business development plans. Requires a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
6. What are the skills of Business Development Director
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
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Salesforce: Designing and maintaining a cloud-based software that provides customer relationship management (CRM) service for a better experience.
3.)
Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.