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Market Development Manager Jobs in Montgomery, IL

The Development Manager will report to the CTO and will be responsible for turning technical ... Experience in a growing mid-market company where process, structure, and delivery maturity are ...

The Development Manager will report to the CTO and will be responsible for turning technical ... Experience in a growing mid-market company where process, structure, and delivery maturity are ...

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Market Development Manager information

See Montgomery, IL salary details

$36.8K

$93.6K

$157.7K

How much do market development manager jobs pay per year?

As of Aug 29, 2026, the average yearly pay for market development manager in Montgomery, IL is $93,564.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,600.00 and $110,900.00 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.

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

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

Infographic showing various Market Development Manager job openings in Montgomery, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $93,564 per year, or $45 per hour.

New Market Development Specialist

Lisle, IL • On-site


Koch Industries
Oil and Gas Extraction • 10K+ employees

8.0

Company rating: 8.0 out of 10

Based on 53 frontline employees who took The Breakroom Quiz

136th of 545 rated manufacturers

People enjoy working here

Good employer

Paid breaks


$85K - $95K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


Job description

New Market Development Specialist
Your Job
The New Market Development Specialist supports initial validation and ongoing exploration of New Markets. Working in tandem with the New Market Development team, this role participates in teardowns and research phases and partners with GSM to enable trainings and presentations on new markets. The Specialist contributes findings, technical context, and SME support to help the team assess attractiveness and to enable regional sales execution when segments move forward.
What You Will Do
New Market Research & Teardowns
  • Participate in product/system teardowns and hands-on technical assessments to uncover connection points, competitive differentiators, and customer needs.
  • Work with New Market Development team to document teardown findings, technical insights, and research outputs in a clear, actionable format for cross-functional stakeholders.

Subject Matter Expert (SME) & Training Support
  • Act as an SME for assigned new market segments to enable GSM and regional teams; prepare and deliver technical trainings, market overviews, and presentation materials.
  • Support, co-present, or lead customer and internal presentations, demonstrations, and workshops tailored to new market segments.
  • Develop and maintain concise SME reference materials (playbook inputs, technical briefs, FAQ sheets) to accelerate sales enablement and field adoption

Collaboration & Relationship Building
  • Work closely with the New Market Development team, Corporate Strategy, Business Units, and Regional Sales to align research, teardowns, and SME outputs with recommendations.
  • Build relationships with internal stakeholders (product management, marketing, distribution partners) to ensure consistent technical messaging and support for customer design-in needs.
  • Support regional teams by being available to consult on technical questions, account-specific requirements, and design cycle timing.

Prospecting & Lead Support
  • Provide technical qualification support for leads generated in new markets; help assess fit and escalate promising opportunities to the sales team.
  • Coordinate with distribution partners and regional teams on approaches to engage and penetrate new customers.

Who You Are (Basic Qualifications)
  • Demonstrated ability to distill technical findings into clear, actionable insights for sales and non-technical audiences.
  • Effective communicator and presenter - comfortable delivering trainings and supporting GSM presentations.
  • Results oriented and collaborative - willing to support regional teams and be responsive to field needs.
  • Knowledge of Molex network and product lineups (or equivalent connector/product ecosystem knowledge) is preferred.
  • Willingness to travel as required to support teardowns, customer engagements, and new market events.

Preferred Qualifications (optional)
  • Background in a relevant industry (automotive, industrial, consumer electronics, telecom, etc.) with exposure to OEM ecosystems.
  • Experience producing technical presentations and delivering in-field training sessions/presentations.

For this role, we anticipate paying $85,000- $95,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form .
Hiring Philosophy
All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here .
Who We Are
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits
Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
Equal Opportunities
Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click here for additional information. (For Illinois E-Verify information click here , aquí , or tu ).


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