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1 month ago

Job Summary

The Business Development Manager is responsible for driving the growth and expansion of the company’s business opportunities. This role involves identifying new market prospects, developing strategic partnerships, and executing initiatives that enhance the company's market position and financial growth.

  • Minimum Qualification : Degree
  • Experience Level : Mid level
  • Experience Length : 5 years

Job Description/Requirements

Responsibilities:

Market Research and Analysis:

  • Conduct market research to identify new business opportunities and industry trends.
  • Analyze competitors and market dynamics to inform strategic planning.


Strategy Development:

  • Develop and implement business development strategies to achieve company goals and objectives.
  • Create and execute business plans to generate new revenue streams and partnerships.


Client Acquisition and Relationship Management:

  • Identify and pursue new business prospects and leads.
  • Build and maintain strong relationships with clients, partners, and stakeholders.
  • Conduct presentations and negotiations to secure new business deals.


Sales and Revenue Generation:

  • Develop and manage a pipeline of potential clients and opportunities.
  • Work with the sales team to develop proposals and close deals.
  • Monitor and report on sales performance and business development metrics.


Collaboration and Coordination:

  • Work closely with marketing, product, and operations teams to align business development efforts with company objectives.
  • Collaborate with internal teams to ensure successful implementation of new business initiatives.


Reporting and Documentation:

  • Prepare and deliver regular reports on business development activities and outcomes.
  • Maintain accurate records of client interactions, proposals, and contracts.


Requirements:

  • Bachelor’s degree in Business Administration, Marketing, or a related field. An MBA or other relevant advanced degree is a plus.
  • Proven experience as a Business Development Manager or in a similar role, with a strong track record of success.
  • Industry-specific knowledge (if applicable) is highly desirable.


Skills:

  • Excellent communication, negotiation, and interpersonal skills.
  • Strong analytical and problem-solving abilities.
  • Proficiency in CRM software and Microsoft Office Suite (Word, Excel, PowerPoint).


Attributes:

  • Ability to work independently and as part of a team.
  • Strong organizational and time-management skills.
  • Results-oriented with a proactive approach to achieving goals.


Other Requirements:

  • Willingness to travel as needed to meet with clients and attend industry events.
  • Ability to adapt to a fast-paced and dynamic work environment.


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