A Business Development Manager is responsible for identifying and pursuing new business opportunities to help a company grow and expand its market share. Their main job is to develop and maintain relationships with clients, partners, and other stakeholders to increase sales and revenue.
The key responsibilities of a Business Development Manager may include:
- Identifying potential business opportunities and evaluating their feasibility for the company.
- Developing and executing strategic plans to penetrate new markets and increase the company's market share.
- Building and maintaining relationships with existing and potential clients, partners, and stakeholders to promote the company's products and services.
- Negotiating and closing deals with clients and partners to achieve revenue targets.
- Developing and launching new products and services.
- Developing and implementing customer service policies and procedures to ensure customer satisfaction.
- Identifying customer needs and preferences and developing strategies to meet those needs.
- Planning and executing marketing campaigns across various channels such as email, social media, paid advertising, events, and more.