Business Development Executive 23F26

The Business Development Executive is a pivotal role within our company, responsible for driving growth and generating new business opportunities. The ideal candidate will possess a keen understanding of market dynamics, competition analysis, and customer needs. With a strategic mindset, the Business Development Executive will work to foster and nurture relationships with potential clients while maintaining current partnerships. This role requires excellent communication and negotiation skills, a proactive approach to problem-solving, and the ability to work independently as well as part of a team. The Business Development Executive will be instrumental in implementing strategies that increase revenue and expand our market presence, contributing directly to the company's bottom line.

Responsibilities

• Develop and execute strategies to drive business growth and maximize revenue.
• Identify new market opportunities through market research and data analysis.
• Build and maintain strong relationships with key industry stakeholders and partners.
• Conduct competitive analysis to identify industry trends and development opportunities.
• Coordinate with internal teams to align company offerings with customer needs.
• Prepare and present proposals to potential clients to secure business deals.
• Negotiate contract terms with clients in adherence to company guidelines.
• Participate in relevant conferences and exhibitions to promote the company brand.
• Track and report on sales performance metrics and adjust strategies as needed.
• Collaborate with marketing to develop promotional materials and strategies.
• Maintain accurate records of all sales activities and client communications.
• Provide feedback to product development teams regarding customer insights and product improvements.

Requirements

• Bachelor's degree in business administration, marketing, or a related field.
• Proven experience in business development or a similar sales position.
• Strong understanding of the industry with the ability to assess competition.
• Excellent communication, negotiation, and presentation skills are essential.
• Ability to work independently with minimal supervision and part of a team.
• Proficiency in Microsoft Office Suite and CRM software is required.
• Willingness to travel as needed to meet clients and attend events.