Business Development Executive Job in Ernakulam

Ernakulam, Kerala Full Time Date: 17 April 2024

Job description

Market Research and Analysis: Conduct research to identify potential markets, industries, and clients for the organization's products or services. Analyze market trends, competitor activities, and customer needs to identify opportunities for growth. Lead Generation: Generate leads through various channels such as cold calling, email campaigns, networking events, and social media outreach. Qualify leads based on criteria such as budget, authority, need, and timeline (BANT). Prospecting and Outreach: Reach out to prospective clients to introduce the organization's products or services, educate them on the value proposition, and identify their specific needs and requirements. Relationship Building: Build and nurture relationships with potential clients, stakeholders, and industry influencers. Establish trust and credibility by demonstrating expertise, understanding their business challenges, and offering solutions. Sales Presentations and Proposals: Prepare and deliver persuasive sales presentations, proposals, and pitches to showcase the organization's capabilities and offerings. Customize proposals to address the specific needs and objectives of each client. Negotiation and Closing: Negotiate terms, pricing, and contracts with clients to reach mutually beneficial agreements. Overcome objections, address concerns, and demonstrate value to facilitate the closing of deals. Account Management: Manage relationships with existing clients to maximize customer satisfaction, retention, and upsell opportunities. Stay engaged with clients, provide ongoing support, and identify opportunities for additional business. Pipeline Management: Maintain a healthy pipeline of leads, opportunities, and deals in various stages of the sales process. Track progress, update CRM systems, and provide regular reports on sales activities and performance. Collaboration and Coordination: Collaborate with internal teams such as marketing, product development, and customer support to align business development efforts with overall business objectives. Coordinate cross-functional efforts to support client needs and deliver solutions. Continuous Learning and Improvement: Stay informed about industry trends, market dynamics, and emerging technologies relevant to the organization's products or services. Continuously seek feedback, learn from successes and failures, and adapt strategies to optimize performance.