Retail Business Development Executive 30J25

The Retail Business Development Executive is a crucial role in the retail sector, focused on driving growth and expanding market reach. The individual in this position is responsible for identifying new business opportunities, managing client relationships, and developing strategies to increase market share. This role requires a dynamic and goal-oriented professional with a strong understanding of the retail industry. The executive will work closely with marketing and sales teams to formulate plans that attract and retain customers. With excellent communication and negotiation skills, the Retail Business Development Executive will play a pivotal role in growing the business, enhancing profitability, and improving the brand's visibility in the competitive retail landscape.

Responsibilities

• Identify new business opportunities and develop strategies to capture them effectively.
• Build and maintain strong relationships with existing and potential clients.
• Conduct market research to identify customer needs and pursue leads.
• Collaborate with marketing and sales teams to develop business growth strategies.
• Prepare and deliver pitches and presentations to potential clients.
• Analyze sales data to understand market trends and customer demands.
• Negotiate contracts and agreements to maximize revenue and profitability.
• Establish goals for the retail team and track performance to achieve them.
• Develop and implement customer loyalty and retention programs.
• Manage budgets, forecasts, and reports to drive business objectives.
• Stay updated with industry trends and competitor activities to maintain a competitive edge.
• Participate in industry events and networking opportunities to enhance business development.

Requirements

• Proven experience in business development within the retail industry.
• Strong understanding of market dynamics and customer requirements.
• Excellent communication, negotiation, and presentation skills.
• Ability to develop and execute strategic business development plans.
• Sound analytical skills to interpret sales data and make informed decisions.
• Bachelor’s degree in business administration, marketing, or a related field.
• Demonstrated ability to build and maintain successful client relationships.