Business Development Executive (225-728)

The Business Development Executive is a pivotal role in driving the growth and expansion of the business by identifying new business opportunities, maintaining a thorough knowledge of market conditions, and effectively implementing growth strategies. This position demands a strategic thinker who can perform market research, analyze opportunities, and develop strategic partnerships to drive sales and increase market share. The ideal candidate will possess excellent communication skills and a strong aptitude for forming long-term, mutually beneficial relationships with prospective clients and partners. The Business Development Executive will be instrumental in the long-term success of the company, fostering innovation, and enhancing the company’s market position by forecast business growth trends and exploring new markets. Adaptability, analytical thinking, and negotiation skills are key attributes in fulfilling this role effectively.

Responsibilities

• Identify and research potential new business opportunities and markets for growth.
• Develop and implement strategic plans to grow the business and market presence.
• Build and maintain strong, long-lasting relationships with clients and partners.
• Conduct comprehensive market and competitor analyses to inform strategies.
• Engage in cross-departmental collaboration to align business development efforts.
• Create detailed business plans and financial models to support strategic planning.
• Coordinate meetings with clients and stakeholders to discuss business strategies.
• Negotiate and close business deals to achieve key business development targets.
• Monitor and evaluate industry trends to identify potential business opportunities.
• Prepare and present reports on business development progress and forecasts.
• Participate in conferences and networking events to build industry connections.
• Develop marketing strategies and campaigns to drive brand visibility and sales.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Proven experience in business development, sales, or a similar role.
• Strong analytical skills with the ability to analyze data and develop strategy.
• Exceptional communication and negotiation skills to influence decision-making.
• Demonstrated ability to build and maintain professional relationships with clients.
• Strategic thinker with a keen eye for spotting new business opportunities.
• Experience in creating detailed business plans and financial forecasts.
• Ability to work independently as well as collaboratively in a fast-paced environment.
• Proficient in using CRM software and other business development tools.