Business Development Specialist 19J25

A Business Development Specialist is a key player in driving a company’s growth and profitability. This professional is responsible for identifying new business opportunities, generating leads, nurturing relationships with potential clients, and working closely with the sales and marketing teams to accomplish strategic goals. The role requires a keen understanding of market trends, competitive analysis, and effective communication skills to present and sell ideas. The Business Development Specialist must be self-motivated, target-driven, and capable of working both independently and collaboratively within a team. Success in this role significantly impacts a company's ability to expand its client base and increase revenue streams.

Responsibilities

• Identify and evaluate prospective business opportunities across diverse markets and sectors.
• Develop and implement strategies to penetrate new markets and capture additional sales prospects.
• Build and maintain strong, long-lasting relationships with both new and existing clients.
• Create and present detailed proposals to prospective clients to secure deals and partnerships.
• Collaborate with sales and marketing teams to ensure unified business growth objectives.
• Conduct thorough market research to identify trends, competitor activities, and customer needs.
• Participate in networking events, conferences, and industry functions to build connections.
• Analyze customer feedback, data, and market conditions to refine business strategies.
• Manage and update the customer relationship management (CRM) system accurately and promptly.
• Monitor industry and technology developments to position the company ahead of market trends.
• Prepare regular reports on progress, forecasts, and results for management review.
• Work with the finance department to ensure proper financial agreements with clients.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field required.
• Minimum of three years of experience in business development or a similar role.
• Proven track record of achieving or exceeding sales targets and objectives.
• Excellent communication, negotiation, and interpersonal skills essential for success.
• Strong analytical skills with the ability to evaluate business opportunities effectively.
• Ability to work independently and as part of a collaborative team environment.
• Proficiency in CRM software and other business development tools highly advantageous.
• Willingness to travel as needed to meet with clients and attend events.