Business Development Manager (Retail) (225-909)

The role of a Business Development Manager (Retail) is crucial in expanding a company's market presence and fostering relationships within the retail sector. This position involves identifying new business opportunities, developing strategic partnerships, and implementing sales strategies to enhance the company's portfolio. In the ever-evolving retail industry, a Business Development Manager must stay abreast of market trends to align the company’s goals with changing consumer demands. This role requires a dynamic individual with a keen insight into market dynamics and a strategic mindset to effectively position the business in a competitive landscape. The ideal candidate will have a strong background in sales and marketing, exceptional communication skills, and a proven track record of exceeding business objectives. Dedication to achieving growth targets and an ability to develop innovative solutions will be key to success in this role.

Responsibilities

• Identify and develop new business opportunities to expand retail market presence.
• Analyze current market trends to identify areas for potential business growth.
• Build and maintain strategic partnerships with retailers and other key stakeholders.
• Develop and implement sales strategies to achieve business growth objectives.
• Collaborate with marketing teams to align strategies and improve brand visibility.
• Conduct market research to understand competitor landscape and industry changes.
• Prepare regular reports and presentations detailing progress on business initiatives.
• Negotiate contracts and agreements with potential retail partners effectively.
• Lead cross-functional teams to drive business development projects to completion.
• Manage the entire sales cycle from lead generation to closing sales successfully.
• Ensure all sales activities comply with company policies and relevant legal standards.
• Attend industry events and networking functions to promote the company’s offerings.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Proven experience as a Business Development Manager, preferably in the retail sector.
• Exceptional communication, negotiation, and interpersonal skills for client management.
• Strong analytical skills to assess market trends and identify opportunities for growth.
• Ability to create and deliver presentations suited to a diverse audience.
• Demonstrated ability to meet and exceed predetermined business development goals.
• Proficiency in Microsoft Office Suite and CRM software for effective task management.