Inside Look: Exploring the 8×8 Business Development Manager Salary

Are you curious about the salary prospects of a business development manager at 8×8? Business development managers (BDMs) play a critical role in driving growth by identifying new business opportunities and building relationships with clients. In this blog post, we explore the world of 8×8 business development managers and their earning potential.

What is 8×8?

Before we dive into the details of the BDM salary at 8×8, let’s first understand what the company does. 8×8 is a cloud communications company that provides a range of products such as video conferencing, contact center solutions, and cloud-based phone systems. Founded in 1987, the company’s headquarters are in San Jose, California, and they have a global presence in over 125 countries.

What Exactly Does a Business Development Manager Do?

BDMs at 8×8 are responsible for identifying and closing strategic business deals with clients. The role involves building relationships with prospective clients, understanding their needs, and presenting them with 8×8’s range of solutions. Other core tasks include:

• Developing and implementing sales strategies to achieve revenue growth targets
• Conducting market research and identifying new business opportunities
• Collaborating with cross-functional teams to deliver the best solutions for clients

What is the Salary of an 8×8 Business Development Manager?

The salary of an 8×8 BDM varies based on several factors, including experience, location, and performance. According to Payscale, the average salary for a BDM at 8×8 is around $80,000 per year, with a range of $51k to $128k per year.

It’s important to note that BDMs’ earning potential at 8×8 isn’t limited to their base salary. They have the opportunity to earn a significant amount of commission, depending on their performance. The commission structure is tiered, with higher payouts for achieving higher revenue targets.

What are the Qualifications Required to Become an 8×8 Business Development Manager?

At 8×8, BDMs typically have a bachelor’s degree or higher in a business-related field, along with experience in sales or business development. Given the nature of the role, strong communication skills and an ability to build relationships with clients are also critical.

Key Takeaways

Here’s a quick summary of what we’ve covered:

• 8×8 is a cloud communications company that provides video conferencing, contact center solutions, and cloud-based phone systems
• A BDM at 8×8 is responsible for identifying new business opportunities and closing deals with clients
• The average salary of a BDM at 8×8 is around $80,000 per year, with a range of $51k to $128k per year
• BDMs also have the opportunity to earn commission depending on performance, with higher revenue targets leading to higher payouts
• The qualifications required for the role include a bachelor’s degree in business and experience in sales or business development

In conclusion, the role of a business development manager at 8×8 is a challenging but rewarding one. With an average salary of $80,000 per year and potential additional commission, it’s also a lucrative career path to consider.

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