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Business Development Manager - Retail

1-4 Years
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Job Description

  • Market Research and Analysis:Market Assessment: Conducting market research to identify potential markets, customer segments, and emerging retail trends
  • Competitive Analysis: Analyzing competitors strategies, pricing, and offerings to identify opportunities for differentiation and competitive advantage
  • Consumer Insights: Gathering and interpreting consumer data and feedback to understand customer preferences and buying behaviors
  • Business Strategy:Strategy Development: Collaborating with senior management to develop a retail business development strategy aligned with the organization's goals and objectives
  • Goal Setting: Establishing sales targets, growth metrics, and key performance indicators (KPIs) to measure the success of business development initiatives
  • Lead Generation and Prospecting:Lead Identification: Identifying potential retail clients, partners, and sales opportunities through research, networking, and industry events
  • Prospecting: Initiating contact with potential clients or partners to explore business opportunities, present the organization's products or services, and establish relationships
  • Relationship Building:Client Engagement: Cultivating and maintaining strong relationships with existing retail clients to understand their evolving needs and preferences
  • Partnerships: Forming strategic partnerships and alliances with other retail organizations, suppliers, or service providers
  • Sales and Revenue Growth:Sales Strategies: Developing and implementing sales strategies to increase revenue, such as upselling, cross-selling, and expanding product lines
  • Negotiations: Negotiating contracts, pricing, and terms to secure new retail partnerships or agreements
  • Pipeline Management: Managing the sales pipeline, tracking progress, and ensuring a steady flow of new business opportunities
  • Product or Service Development:Product Feedback: Gathering customer and market feedback to guide product or service development and improvements
  • Innovation: Exploring innovative retail concepts, technologies, and trends to stay competitive and relevant

More Info

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Industry:
Employment Type:
Open to candidates from:
Indian

About Company

At The Sleep Company, we are dedicated to revolutionizing the way people sleep and live. As a leading innovator in the sleep solutions industry, we combine cutting-edge technology with comfort-driven design to create products that enhance well-being and promote restful, restorative sleep. Our team is passionate about fostering a collaborative and inclusive environment where creativity thrives, and every member is empowered to make an impact.
Join us on our mission to transform the sleep experience and help people wake up to a better tomorrow.

Job ID: 129173849