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Business Development Executive Jobs in Basking Ridge, NJ

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Business Development Executive information

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$36.1K

$96K

$203.5K

How much do business development executive jobs pay per year?

As of Sep 2, 2026, the average yearly pay for business development executive in Basking Ridge, NJ is $96,007.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,900.00 and $103,100.00 per year, depending on experience, location, and employer.

What is a business development executive?

A business development executive is responsible for developing growth in the company through increased sales and customer acquisition. Your job duties as a business development executive are to generate sales leads, contact potential clients, and nurture existing customer relationships. You also promote products and services, represent the company at networking events and conferences, travel to events and meetings with key clients, conduct online research via social media platforms to discover leads and new target markets, and help plan and oversee marketing and advertising initiatives. This career requires excellent sales, management, and interpersonal skills.

What are the key skills and qualifications needed to thrive as a business development executive?

To thrive as a Business Development Executive, you need strong sales acumen, market research abilities, and a bachelor's degree in business or a related field. Familiarity with CRM software, lead generation tools, and data analysis platforms is typically required. Outstanding communication, negotiation, and relationship-building skills help set top performers apart in this role. These competencies are crucial for identifying growth opportunities, securing new clients, and driving sustained business success.

What are some common challenges faced by business development executives when entering new markets, and how can they be addressed?

Business Development Executives often face challenges such as understanding unfamiliar market dynamics, building trust with local clients, and navigating regulatory requirements when entering new markets. To address these, it's important to conduct thorough market research, leverage local partnerships, and stay informed about legal and cultural considerations. Collaborating closely with cross-functional teams—such as marketing, legal, and product development—also helps ensure a smooth market entry and long-term success.

What is the difference between Business Development Executive vs Sales Executive?

AspectBusiness Development ExecutiveSales Executive
Primary FocusIdentifying new business opportunities and strategic partnershipsClosing sales and achieving sales targets
ResponsibilitiesMarket research, lead generation, relationship buildingProduct presentations, negotiations, client follow-up
Required SkillsCommunication, networking, strategic thinkingPersuasion, product knowledge, negotiation
Work EnvironmentClient meetings, market analysis, strategic planningSales pitches, client meetings, CRM management

While both roles aim to increase revenue, a Business Development Executive focuses on creating long-term growth opportunities, whereas a Sales Executive concentrates on closing individual sales. Understanding these differences helps in choosing the right career path or hiring the appropriate professional.

What is the average salary of a business development executive?

The average salary of a business development executive in the US is approximately $70,000 to $90,000 per year, depending on experience, location, and industry. Entry-level roles may start lower, while experienced professionals with strong sales skills and industry knowledge can earn higher compensation, often supplemented with commissions or bonuses.

What work does a business development executive do?

A business development executive is responsible for identifying new business opportunities, building relationships with potential clients, and promoting the company's products or services. They often conduct market research, develop sales strategies, and negotiate deals to increase revenue and expand the company's market presence.
More about Business Development Executive jobs

What are the most commonly searched types of Business Development jobs in Basking Ridge, NJ?

The most popular types of Business Development jobs in Basking Ridge, NJ are:

What cities near Basking Ridge, NJ are hiring for Business Development Executive jobs?

Cities near Basking Ridge, NJ with the most Business Development Executive job openings:

Business Development Executive jobs near you
Infographic showing various Business Development Executive job openings in Basking Ridge, NJ as of August 2026, with employment types broken down into 100% Full Time. Highlights an 49% In-person, and 51% Remote job distribution, with an average salary of $96,007 per year, or $46.2 per hour.

Business Development Executive - North Brunswick, NJ - BDENM

Compu-Vision - IT

Newark, NJ

Full-time

Posted 12 days ago

Job description

Job Title: Business Development Executive
Location: North Brunswick, NJ
Type: Full-Time
Work Arrangement: Onsite

Position Overview:

We are seeking a Business Development Executive to drive new business growth, develop client relationships, identify sales opportunities, and expand the company's market presence.

Responsibilities

  • Identify and develop new business opportunities.

  • Build and maintain strong client relationships.

  • Generate leads through networking, outreach, and market research.

  • Conduct client meetings, presentations, and business discussions.

  • Understand client needs and recommend appropriate solutions.

  • Develop and execute business development strategies.

  • Negotiate contracts and close new business opportunities.

  • Maintain accurate sales pipelines and activity records.

  • Collaborate with internal teams to ensure successful client onboarding and service delivery.

  • Meet and exceed business development and revenue targets.

Required Qualifications

  • 0–2 years of experience in business development, sales, account management, or a related role.

  • Strong business development and client relationship management skills.

  • Excellent communication, presentation, and negotiation skills.

  • Strong networking and lead-generation abilities.

  • Results-oriented with strong business acumen.

  • Proficiency with Microsoft Office and CRM systems.

  • Ability to work onsite in North Brunswick, NJ.

What We Offer

  • Competitive base salary with uncapped commission and incentive opportunities.

  • Opportunity to build and grow new business relationships.

  • Professional development and career-growth opportunities.

  • Collaborative support from experienced internal teams.

  • High-impact role with direct visibility into business growth.