drjobs Business Development Manager IT

Business Development Manager IT

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1 Vacancy
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Job Location drjobs

Bangalore - India

Monthly Salary drjobs

INR 900000 - 1200000

Vacancy

1 Vacancy

Job Description

Business Development Manager

Overview
The Business Development Manager plays a critical role in driving the organization s growth and success by identifying new business opportunities building relationships and fostering partnerships. This individual is responsible for strategically navigating the market landscape to create a sustainable revenue model. The Business Development Manager collaborates closely with the sales marketing and product teams to develop and implement strategies that align with the organization s objectives. Through market analysis competitive assessment and client engagement this role is essential for aligning the company s offerings with client needs and emerging market trends. As an integral part of the leadership team the Business Development Manager not only seeks out new client relationships but also nurtures existing partnerships to enhance customer satisfaction and loyalty. The importance of this role cannot be overstated; effective business development is the lifeblood of the organization and directly correlates to overall profitability and market presence.
Key Responsibilities
  • Identify and target new business opportunities to expand the company s market presence.
  • Develop and maintain strong relationships with new and existing clients.
  • Conduct thorough market research to inform strategic planning.
  • Create and implement effective sales strategies to achieve business objectives.
  • Prepare and deliver compelling sales presentations to potential clients.
  • Negotiate contracts and agreements with clients and partners.
  • Monitor industry trends and provide insights to the leadership team.
  • Collaborate with marketing teams to create promotional materials and campaigns.
  • Track and analyze sales metrics to measure success and identify areas for improvement.
  • Generate reports on business development efforts and outcomes for management review.
  • Attend industry conferences trade shows and networking events to represent the company.
  • Work closely with product development teams to align offerings with market demand.
  • Provide ongoing support and training to junior business development staff.
  • Ensure compliance with company policies and industry regulations in all business dealings.
  • Manage multiple projects and client requests simultaneously to ensure timely delivery of services.
Required Qualifications
  • Bachelor s degree in Business Administration Marketing or related field.
  • At least 5 years of experience in business development or sales roles.
  • Proven track record of successfully meeting or exceeding sales targets.
  • Strong understanding of sales principles and customer relationship management.
  • Exceptional interpersonal and communication skills.
  • Ability to build rapport and foster relationships with clients.
  • Experience in market analysis and competitive strategy development.
  • Proficiency in CRM software and sales tracking tools.
  • Strong organizational and time management skills.
  • Ability to work independently as well as part of a team.
  • Willingness to travel for business meetings and events.
  • Master s degree is a plus.
  • Industryspecific experience may be preferred depending on the sector.
  • Understanding of digital marketing tools and strategies.
  • Ability to adapt and respond to a rapidly changing business environment.
  • Focus on achieving results with a strong customer orientation.

business development,negotiation skills,market research,strategic thinking,sales strategies,sales,organizational skills,presentation skills,project management,crm software,team leadership,communication,client relationship management,analytical skills,negotiation,market analysis,digital marketing

Employment Type

Full Time

Company Industry

About Company

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