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Business Development Manager

  • Posted 2 months ago
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Job Description

The Business Development Manager (BDM) will be responsible for driving revenue growth by identifying new business opportunities, developing strategic partnerships, and managing a team of Business Development Executives. The BDM will work closely with senior management to propose innovative business strategies and ensure customer satisfaction while achieving sales targets.

Key Responsibilities :

Strategic Business Development:

  • Identify and develop new business opportunities to expand the company's market reach.
  • Analyze market trends, competitors, and customer needs to propose innovative business solutions.
  • Develop strategies to enhance existing client relationships and increase revenue streams.
  • Contribute to the development of sales and marketing strategies to improve brand positioning.
  • Collaborate with senior management to suggest and implement new business ideas.

Team Leadership & Management :

  • Lead, mentor, and motivate the Business Development team to achieve sales targets.
  • Set individual and team goals, monitor performance, and provide regular feedback.
  • Conduct regular training sessions to enhance the skills of the team.
  • Allocate tasks and responsibilities effectively among team members.
  • Foster a high-performance sales culture within the team.

Client Acquisition & Relationship Management :

  • Build and maintain strong relationships with key clients and stakeholders.
  • Conduct client meetings, presentations, and negotiations to close deals.
  • Develop customized solutions based on client needs.
  • Ensure timely follow-ups and resolution of client inquiries.
  • Organize senior management visits to key clients for business expansion discussions.

Sales Planning & Execution:

  • Achieve and exceed quarterly/annual sales targets.
  • Prepare and manage a structured sales pipeline and ensure timely closure of deals.
  • Oversee proposal preparation, account mapping, and penetration strategies.
  • Maintain and update CRM with accurate sales and customer data.
  • Provide weekly sales forecasts, funnel reports, and participate in sales reviews.

Operational & Financial Responsibilities:

  • Ensure timely collection of payments from customers.
  • Work closely with internal teams to streamline sales operations.
  • Optimize business development processes for better efficiency and results.
  • Ensure compliance with company policies and industry regulations.

Qualification & Skills :

  • Education: Bachelor's degree in Business Administration, Marketing, or a related field. MBA is a plus.
  • Experience: 4+ years of experience in business development, sales, or a similar role, with at least 2 years in a managerial capacity.
  • Sales Expertise: Proven ability to achieve and exceed sales targets.
  • Leadership Skills: Strong team management, coaching, and mentoring abilities.
  • Strategic Thinking: Ability to analyze market trends and recommend business expansion strategies.
  • Communication & Negotiation: Excellent presentation, communication, and negotiation skills.
  • Tech Savvy: Proficiency in CRM tools, MS Office, and digital sales techniques.
  • Flexibility: Willingness to travel as required for client meetings and business development activities.

More Info

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About Company

Job ID: 111580459

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