Business Development Manager’s job duties include:
- Conduct market research, follow up on leads and negotiate and close deals with prospective clients in target markets.
- It is important to understand the target markets, including industry, company, project, and how to contact the company to attract clients.
- To ensure that requirements are met, collaborate with the design and sales teams.
- Discover new prospects within your area of responsibility by maintaining relationships with current clients.
- Be able to clearly understand our products, the competition in our industry, and where we fit into it.
- Be aware of the latest developments in the industry and the competitors of your company.
Job brief for Business Development Manager
A key objective of a business development manager job’s description is to enhance sales and forge strong client relationships to drive sustainable financial growth. However, any company could benefit from candidates who have the following skills.
- Develop leads and make cold calls to prospective customers
- Provide marketing support for the development of opportunities in target markets
- Managing key customer relationships and developing them
- Holding face-to-face meetings with customers/clients
- Giving expert advice about the products and services you sell
Responsibilities of Business Development Manager
- Find and explore new markets, growth areas, trends, customers, partnerships, products, and services – or find new ways to reach existing markets.
- Generate leads and make cold calls to potential customers.
- Face-to-face meetings or phone calls with customers/clients.
- Maintain and develop customer/client relationships.
- Have a good understanding of your customers’ needs and be able to respond accordingly.
- To refine and improve a business, you need to think strategically – see the big picture and set aims and objectives.
- Implement operational changes through strategic planning.
- Draft client contracts may be delegated to someone else depending on the size of the company, or formal agreements may not be required.
- Know the products or services of the business and be able to recommend them to others.
- Ensure that staff across the organization understands the need for change and their role in it.
- Arrange external training for your team members.
- With the marketing department, discuss promotional strategies and activities.
- Collaborate with the finance and warehousing departments.
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Requirements for Business Development Manager
- Whether in a management position, a sales role, or a related role, experience in business development is essential.
- A track record of proven sales.
- An understanding of customer support is an asset.
- Microsoft Office skills and CRM software skills (e.g. Salesforce) are a plus.
- Expertise in English.
- Expertise in the market.
- Negotiation skills and communication skills.
- Being able to build rapport.
- The ability to manage time and plan.