Business Development Manager (225-920)

A Business Development Manager plays a crucial role in the growth and operational success of a company by identifying new business opportunities, building key customer relationships, and maintaining an extensive knowledge of current market conditions. This role typically involves working with the management team to devise robust strategies for expansion and penetration into new markets. The Business Development Manager also works closely with other departments to ensure that company practices align with industry trends and client needs, fostering sustainable growth. An ideal candidate for this position should be resourceful, have excellent communication skills, and possess a strong drive to achieve both personal and organizational objectives.

Responsibilities

• Identify and develop new business opportunities through market research and networking.
• Build and maintain strong relationships with existing and potential clients.
• Collaborate with marketing and sales teams to improve brand awareness and revenue growth.
• Develop proposals and presentations for new business materials to create and nurture business opportunities.
• Conduct competitive analysis and identify the company’s unique selling propositions.
• Stay updated on market trends, competition activities, and industry developments.
• Negotiate and close deals while ensuring mutually beneficial outcomes for both parties.
• Report on market trends, business development activities, and client engagement strategies.
• Coordinate with the product development team to tailor solutions to meet client needs.
• Guide junior staff by mentoring and coordinating their involvement in projects.
• Prepare and manage business development budgets and investment plans effectively.
• Attend industry events and conferences to foster networking and business development opportunities.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Proven experience as a Business Development Manager or similar role is essential.
• Strong understanding of market dynamics, including competition and customer needs.
• Excellent communication, negotiation, and presentation skills are required.
• Ability to build rapport and forge effective partnerships with clients and stakeholders.
• Self-motivated with a strong results-driven approach and strategic mindset.
• Proficiency in using CRM software and Microsoft Office Suite is essential.