Business Development Executive (225-626)

A Business Development Executive is an integral part of a company's growth strategy, charged with identifying new business opportunities and fostering existing client relationships. This role involves market research, strategic planning, and client outreach to expand the company’s market presence and achieve financial growth. The Business Development Executive works closely with the sales and marketing teams to align strategies and ensure that business objectives are met. This position requires excellent communication, negotiation, and problem-solving skills, as it involves pitching products or services to potential clients, establishing long-term partnerships, and exploring avenues for innovation. The ability to understand market trends and translate these insights into actionable strategies is crucial for success in this role.

Responsibilities

• Identify and develop new business opportunities to expand the company’s market presence.
• Collaborate with marketing and sales teams to ensure alignment of business strategies.
• Conduct market research to identify trends and opportunities within the industry.
• Negotiate contracts and close agreements to maximize company revenue and growth.
• Develop and deliver pitches and presentations to potential clients effectively.
• Build and maintain strong, long-lasting customer relationships for business continuity.
• Monitor and evaluate industry competitors to identify areas for improvement.
• Prepare and present reports that detail progress and future opportunities to management.
• Analyze sales and performance metrics to enhance the business development strategy.
• Provide feedback to product development teams based on client and market feedback.
• Ensure compliance with all company policies and industry regulations during deals.
• Participate in industry events, conferences, and networking activities to increase visibility.

Requirements

• Bachelor's degree in Business Administration, Marketing, or a related field.
• At least 3 years of experience in business development or a similar role.
• Strong understanding of market dynamics and strategic planning processes.
• Proven track record of meeting or exceeding sales targets and KPIs.
• Excellent communication, persuasion, and negotiation skills are a must.
• Ability to build rapport with key decision-makers and clients effectively.
• Proficient in using CRM software and other business productivity tools.
• Willingness to travel as needed to meet clients and develop business opportunities.