What does a Business Development Manager do?

Business development managers are hired to grow an existing business by finding new and relevant opportunities. They develop an attainable business development strategy often focused on financial gain for the company and arrange business development meetings with prospective clients.

Business development managers follow up with leads, establish relationships with potential new clients, and arrange appointments for sales executives. They research potential accounts within their targeted markets and pursue leads. They follow through with leads, looking for a successful agreement or arrangement. They have an understanding of their target markets, and collaborate with design and sales teams at organizations to ensure the requirements and protocol are met. They attend business meetings with prospective clients and promote the company's products and services while addressing or predicting clients’ current and future objectives. Business development managers need a minimum bachelor’s degree in business administration, business management, finance, accounting, marketing, or related fields.

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Average Years of Experience

0 - 1
9%
2 - 4
42%
5 - 7
29%
8+
20%

Common Skill Sets

Integrator
AWS
Cloud Computing
Consulting
Business Units
CRM
Leadership
Exceptional Communication

Business Development Manager Seniority Levels

L2
Business Development Manager
A$93,500/yr
Business Developer
12% made the transition
Sales Representative
29% made the transition
See Career Path

Business Development Manager Salaries

Average Base Pay

A$93,500 /yr
Same as national average
Not including cash compensation
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A$65K
Median: A$94K
A$150K
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Glassdoor Estimated Salary

Business Development Manager jobs

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