Business Development Specialist (225-1004)

The role of a Business Development Specialist is crucial for driving growth and expanding a company's client base. This position focuses on identifying new business opportunities, markets, and partnerships to increase revenue. The Business Development Specialist will work closely with marketing, sales, and product development teams to align strategies and objectives. They need to have a strong understanding of the industry, client needs, and the company's offerings to craft compelling pitches and proposals. Excellent communication skills and the ability to build and maintain relationships are essential in this role, as is a strategic mindset to navigate competitive markets effectively. This role requires enthusiasm, creativity, and adaptability in a fast-paced and ever-changing business environment.

Responsibilities

• Identify and evaluate new business opportunities to achieve revenue targets.
• Develop strategic plans to drive sales growth and secure new clients.
• Collaborate with marketing and sales teams to develop targeted pitches and campaigns.
• Create and maintain relationships with key stakeholders and decision-makers.
• Conduct market research and competitive analysis to inform strategy decisions.
• Prepare detailed business proposals and presentations to prospective clients.
• Negotiate terms of business agreements and close new business deals.
• Track and report on key performance metrics and business development activities.
• Attend industry events and conferences to network and promote the company.
• Provide feedback to product development teams based on client insights and trends.
• Ensure all client communications are handled professionally and effectively.
• Maintain updated knowledge of industry trends and competitor activities.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Proven experience in business development or a similar sales role.
• Strong analytical skills and the ability to conduct market research.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to build and maintain professional client relationships effectively.
• In-depth understanding of industry trends and competitive landscape.
• Proficiency in using CRM software and other business development tools.
• Capability to work independently and as part of a teamwork strategy.
• Ability to prioritize tasks and manage time effectively in a fast-paced environment.