Business Development Specialist (225-830)

A Business Development Specialist is crucial for fostering the growth and expansion of a company. This role involves identifying new business opportunities, market trends, and strategies to drive organizational growth and increase revenues. This specialist works closely with sales, marketing, and product teams to ensure alignment with the company's goals and objectives. By understanding market dynamics and customer needs, the specialist can develop innovative solutions and approaches to help the company gain a competitive edge. The position requires strong analytical skills, excellent networking abilities, and a proactive mindset to explore and forge sustainable business partnerships.

Responsibilities

• Identify new business opportunities through research and market analysis.
• Develop and maintain a pipeline of potential partnerships and collaborations.
• Collaborate with sales and marketing teams to align strategies and objectives.
• Cultivate strong relationships with key stakeholders and industry influencers.
• Conduct market analysis to understand trends and customer needs.
• Evaluate and execute business development strategies to maximize growth.
• Negotiate and finalize contracts with new and existing business partners.
• Prepare proposals and presentations to influence decision-makers effectively.
• Track and report on key performance metrics to measure impact and progress.
• Attend conferences and networking events to broaden industry knowledge.
• Develop innovative approaches to enhance the company’s competitive position.
• Support the creation of marketing initiatives to increase brand awareness.

Requirements

• Bachelor’s degree in Business, Marketing, or related field is required.
• Proven experience in business development, sales, or marketing roles.
• Strong understanding of financial principles and business processes.
• Excellent communication and interpersonal skills, with the ability to persuade.
• Solid analytical skills to interpret complex data and generate insights.
• Ability to work collaboratively with cross-functional teams and stakeholders.
• Experience in negotiating contracts and managing partnerships.
• Proficiency in CRM software and Microsoft Office Suite is preferred.