Business Development Manager (225-820)

The role of a Business Development Manager is pivotal in driving the growth and success of a company. This professional is tasked with identifying new business opportunities and maintaining long-term relationships with clients. Their objective is not only to generate higher revenue but also to support the company in broadening its market presence and achieving profitability. The Business Development Manager plays a crucial role in understanding market trends, competitor analysis, and building strategic plans to enhance the company's competitive advantage. This position demands acute market insight, strategic thinking, and exceptional communication skills to effectively manage both internal teams and external partners. The ideal candidate is an innovative thinker with a drive to foster the company’s long-term sustainability and success.

Responsibilities

• Identify and pursue new business opportunities in relevant markets for expansion.
• Develop and maintain strong customer relationships to ensure recurring business.
• Conduct regular market research to align strategies with emerging trends.
• Collaborate with the marketing team to optimize lead generation and brand awareness.
• Prepare detailed business plans to facilitate goal-setting and company objectives.
• Negotiate contracts and close agreements to maximize revenue and client base.
• Coordinate with internal teams to deliver seamless client solutions and services.
• Monitor industry trends and competitors to identify potential threats and opportunities.
• Update senior management on progress, strategies, and improvements regularly.
• Ensure compliance with all regulations and ethical practices in business dealings.
• Attend networking events to build professional and industry connections.
• Consistently meet or exceed established sales and business development targets.

Requirements

• Bachelor’s degree in business administration, sales, or related field.
• Proven experience as a business development manager or similar executive role.
• Excellent verbal and written communication and negotiation skills are essential.
• Strong analytical and strategic thinking abilities to assess market conditions.
• Ability to build and maintain lasting professional relationships with clients.
• Proficiency in using CRM software and Microsoft Office Suite tools is required.
• Ability to travel as needed to meet with potential clients and partners.