Business Development Executive Job in Ernakulam

Ernakulam, Kerala Full Time Date: 13 April 2024

Job description

Lead Generation: Researching and identifying potential clients or customers in target markets through various channels such as online research, networking events, industry associations, and referrals. Prospecting and Outreach: Initiating contact with potential clients through cold calls, emails, social media outreach, or in-person meetings to introduce the company's products or services and establish interest. Relationship Building: Building and nurturing relationships with prospects, key decision-makers, and influencers to understand their needs, challenges, and priorities. Developing rapport and trust to position the company as a trusted partner or solution provider. Needs Assessment: Conducting needs assessments and consultations with prospects to understand their business requirements, pain points, and objectives. Identifying opportunities where the company's products or services can add value and address client needs. Solution Presentation: Developing and delivering compelling presentations, proposals, and demonstrations to showcase the company's products or services. Tailoring solutions to align with client requirements and objectives. Negotiation and Deal Closure: Negotiating contract terms, pricing, and service agreements with clients to finalize deals and secure new business opportunities. Overcoming objections, addressing concerns, and facilitating the signing of contracts or agreements. Pipeline Management: Managing sales pipelines and opportunities effectively using CRM (Customer Relationship Management) systems or sales tracking tools. Updating pipeline stages, forecasting sales projections, and prioritizing activities to maximize conversion rates. Market Research and Analysis: Conducting market research, competitor analysis, and industry trends analysis to identify market opportunities, emerging trends, and competitive threats. Using insights to refine sales strategies and target high-potential markets. Collaboration with Internal Teams: Collaborating with internal teams such as sales, marketing, product development, and customer service to coordinate efforts, align strategies, and support client acquisition and retention initiatives. Client Relationship Management: Managing relationships with existing clients to identify upsell or cross-sell opportunities, gather feedback, and ensure client satisfaction. Providing ongoing support, assistance, and account management to maintain long-term client relationships. Networking and Industry Engagement: Participating in industry events, conferences, trade shows, and networking forums to expand professional networks, build brand visibility, and identify business opportunities. Performance Reporting and Analysis: Tracking and analyzing sales performance metrics, KPIs (Key Performance Indicators), and conversion rates. Generating reports, forecasts, and insights to evaluate business development efforts and inform strategic decision-making.