A Business Development Manager is tasked with identifying and pursuing new business opportunities to fuel the company’s growth. This involves building and nurturing strong relationships with potential and existing clients, developing strategic growth plans, and implementing innovative strategies to drive revenue. They conduct in-depth market analysis to stay ahead of trends, identify emerging opportunities, and mitigate potential challenges. By working collaboratively with sales and marketing teams, they aim to expand the company’s market presence and enhance brand recognition. Their role is pivotal in ensuring sustained business growth, strengthening the company’s competitive position, and contributing to long-term success in a dynamic marketplace.
Specific Responsibilities:
1. Evaluate competitors' strengths and weaknesses to establish a strategic advantage.
2. Develop a comprehensive roadmap to achieve business growth and meet revenue goals.
3. Assess and qualify leads to ensure they align with the company’s objectives and target criteria.
4. Respond promptly to client inquiries and concerns to improve satisfaction and loyalty.
5. Negotiate contracts and agreements to build partnerships that benefit both parties.
6. Drive sales to completion and meet revenue targets through effective negotiation strategies.
7. Compile and present regular reports to management to track progress and highlight improvement areas.
8. Keep informed about industry trends, market dynamics, and advancements in technology.
Technical Skills and Competencies:
1. Market Research and Analysis
2. Strategic Planning
3. Lead Generation
4. Client Relationship Management
5. Partnership Development
6. Sales Strategy Execution
7. Monitoring and Reporting
8. Competitive Analysis
9. Sales Forecasting
Duration of Traineeship/Attachment Offered - 6 months
Mature Mid Career Individuals - $3,800
This Position is open for mid career individuals (Mature, 40 years and above).
Mid Career individuals from any qualifications level can apply.