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Market Development Manager Jobs in Lombard, IL (NOW HIRING)

RWE Gruppe

Senior Market Development Manager

Chicago, IL · On-site

$164 - $200/hr

Exempt The Senior Market Development Manager is a key memberofthe Market Development team. This team is part of the broader Strategy department, is a highly analytical and strategy-oriented group ...

RWE

Senior Market Development Manager

Chicago, IL · On-site

$164K - $200K/yr

Exempt The Senior Market Development Manager is a key member of the Market Development team. This team is part of the broader Strategy department, is a highly analytical and strategy-oriented group ...

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Market Development Manager information

See Lombard, IL salary details

$36.4K

$92.5K

$156K

How much do market development manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for market development manager in Lombard, IL is $92,540.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,800.00 and $109,700.00 per year, depending on experience, location, and employer.

What is a market development manager?

A market development manager seeks new business opportunities and customers for their employer. As a market development manager, you may work with specific products or focus on a particular region or industry. Your job duties include researching new markets, developing relationships with companies or prospective clients, and presenting sales pitches. You may also take customers’ orders, create promotional materials, or manage stock and inventory to ensure adequate supply for fulfilling orders.

What is a market development manager?

A Market Development Manager is a professional responsible for identifying and developing new business opportunities, markets, and partnerships to drive company growth. Their role often involves conducting market research, creating strategies to enter new markets, and building relationships with potential clients or partners. They work closely with sales, marketing, and product teams to ensure successful market expansion. Ultimately, their goal is to increase the company's market share and revenue through strategic business development initiatives.

What are the key skills and qualifications needed to thrive as a market development manager?

To thrive as a Market Development Manager, you need strong analytical abilities, market research skills, and a background in business or marketing, often supported by a relevant bachelor’s degree. Familiarity with CRM software, sales analytics tools, and data visualization platforms is typically required. Exceptional communication, strategic thinking, and relationship-building skills distinguish top performers in this role. These competencies enable effective identification and cultivation of new market opportunities, driving business growth and competitive advantage.

How does a market development manager typically collaborate with sales and product teams to drive growth?

A Market Development Manager works closely with both sales and product teams to identify new business opportunities and expand market presence. They often gather feedback from the sales team about customer needs and market trends, then relay this information to the product team to influence product development or adaptation. Regular cross-functional meetings and joint strategy sessions are common, ensuring alignment on goals and seamless execution of market entry strategies. This collaborative approach enables the organization to respond quickly to emerging market demands and drive overall business growth.

What is the difference between Market Development Manager vs Business Development Representative?

AspectMarket Development ManagerBusiness Development Representative
Primary FocusStrategic market expansion and long-term growthGenerating leads and initial client engagement
Required CredentialsBachelor's degree, experience in marketing or sales, industry knowledgeBachelor's degree, sales skills, communication abilities
Work EnvironmentCross-functional teams, strategic planning sessionsSales calls, client meetings, lead qualification
Employer UsageMarketing, sales, and business development departments

The Market Development Manager focuses on strategic initiatives to expand market presence, while the Business Development Representative primarily handles lead generation and initial client interactions. Both roles require strong communication skills and industry knowledge, but differ in scope and responsibilities.

More about Market Development Manager jobs

What cities near Lombard, IL are hiring for Market Development Manager jobs?

Cities near Lombard, IL with the most Market Development Manager job openings:

Market Development Manager jobs near you
Infographic showing various Market Development Manager job openings in Lombard, IL as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $92,540 per year, or $44.5 per hour.

Market Development Manager

Kaizen HR Solutions, LLC

Chicago, IL • Remote

Full-time

Re-posted 6 days ago

Job description

REMOTE anywhere in the Midwest or East Coast

Due to continued growth, leading specialty chemical manufacturer has an immediate need for a Market Business Development Manager to continue to drive the growth of designated markets and deliver on financial performance targets. Success will be measured through the development of your business pipeline and the ultimate conversion of opportunities to financial results.

  • Manage the development and conversion to revenue of the new business pipelines for assigned markets.
  • Develops relationships with new and existing customers to identify current and future needs. Translate validated needs into product and application requirements for the technical and manufacturing teams.
  • Support global sales team throughout the customer lifecycle. Negotiate and close agreements with key customers.
  • Identifies tradeshow opportunities and other associated activities to promote customer understanding of product and technology capabilities.
  • Develop customer presentations and participates in customer meetings.
  • Evaluate, assess, and build an understanding of market dynamics and trends for focus markets. Translate market knowledge into actionable commercial and go-to-market strategies.
  • Own and maintain market intelligence for focus markets.
  • Develop and execute marketing plans in collaboration with product management to expand the reach of target markets.
  • Collaborate with commercial and technical teams across the globe.

Requirements:

  • Bachelor's Degree in Science
  • Must have 7+ years previous new business or market development experience.
  • Experience in evaluating and assessing markets as well as driving, and closing complex highly technical sales for the pharma sector -i.e. specialty chemicals, reagents, API, etc.
  • Composites, coating, or protective markets are highly desired.
  • A history of success penetrating new accounts and building relationships to fill the pipeline
  • Credible technical skills. Ability to engage with and sell into a technical audience - i.e. engineers, R&D, etc.
  • Travel up to 25%

The role provides a base plus incentive compensation.

Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected by law.

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