Business development manager
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Salary Not Disclosed
1 Vacancy
Job Description
Key Responsibilities:
- Identifying and Developing New Business:BDMs actively seek out new business opportunities through market research networking and lead generation activities.
- Relationship Building:They establish and nurture relationships with potential clients partners and other stakeholders to foster long-term business growth.
- Strategic Planning:BDMs develop and implement business development strategies including market entry plans product development initiatives and sales strategies.
- Sales and Revenue Generation:They play a key role in driving revenue growth by identifying and closing new business deals as well as expanding existing client relationships.
- Market Analysis:BDMs analyze market trends competitor activities and customer needs to identify opportunities for growth and innovation.
- Collaboration:They work closely with sales marketing product development and other teams to ensure alignment and successful execution of business development initiatives.
- Performance Monitoring:BDMs track key performance indicators (KPIs) related to business development activities such as lead generation sales conversion rates and revenue growth.
- Reporting and Communication:They communicate progress challenges and recommendations to senior management and other stakeholders.
Skills and Qualifications:
- Sales and Marketing:Strong understanding of sales processes marketing strategies and customer relationship management (CRM).
- Communication and Interpersonal Skills:Excellent verbal and written communication skills for building relationships presenting proposals and negotiating deals.
- Analytical and Strategic Thinking:Ability to analyze market data identify trends and develop effective business strategies.
- Project Management:Skills to manage multiple projects prioritize tasks and meet deadlines.
- Problem-Solving:Ability to identify and resolve challenges related to business development and sales.
- Leadership and Teamwork:Ability to lead and motivate teams collaborate effectively with other departments and foster a positive work environment.
- Industry Knowledge:Familiarity with the specific industry and market in which the company operates.
In essence a Business Development Manager is a key driver of growth for an organization responsible for identifying developing and executing strategies to expand the business and increase revenue.
Employment Type
Full Time
