The Business Development Manager plays an important role in increasing growth and expanding the market presence of the company. They identifying and cultivating new business opportunities, negotiating contracts with suppliers and distributors, and establishing partnerships to increase sales and market share.
1. Identifying Opportunities: Actively searching for new business chances and partnerships to help the company grow and make more money.
2. Market Research: Studying the market to find out what customers like, what other companies are doing, and where there might be opportunities for our business.
3. Building Relationships: Making and keeping good relationships with suppliers, stores, and other important people to help the company work well with others and grow.
4. Negotiation and Contract Management: Talking to suppliers, stores, and other partners to make sure we get good deals and that everyone is happy with the agreements we make.
Requirements:
1. Product Knowledge: Understanding the company's furniture products, including features, benefits, and specifications, is essential for effectively promoting and selling them to clients.
2. Sales and Negotiation: Training in sales techniques, negotiation strategies, and contract management helps Business Development Managers secure profitable deals and partnerships.
3.Software: Learning to use existing software for managing customer interactions, tracking sales leads, and maintaining client relationships effectively.
4. Financial Acumen: Providing training on financial metrics, budgeting, and pricing strategies enables Business Development Managers to maximize profitability.
