Business Development Executive Job in Iritty

Iritty, Kerala Full Time Date: 06 June 2024

Job description

Market Research and Analysis: Conducting market research to identify potential markets, industries, and clients for the company's products or services. You analyze market trends, competitive landscapes, and customer needs to identify opportunities for growth and development. Lead Generation and Prospecting: Generating leads through various channels such as cold calling, networking, referrals, and digital marketing initiatives. You identify and qualify potential leads, establish contact with decision-makers, and initiate conversations to explore business opportunities. Client Relationship Management: Building and maintaining relationships with clients, stakeholders, and business partners. You engage with clients to understand their needs, preferences, and challenges, and provide tailored solutions or proposals to address their requirements and add value to their business. Sales Presentations and Proposals: Preparing and delivering sales presentations, proposals, and pitches to potential clients. You communicate the company's value proposition, showcase products or services, and address client concerns or objections to persuade them to do business with the company. Negotiation and Closing Deals: Negotiating terms, pricing, and contracts with clients to secure new business opportunities. You engage in price negotiations, contract discussions, and deal structuring to reach mutually beneficial agreements that meet the needs of both parties and drive revenue growth. Strategic Planning and Goal Setting: Developing business development strategies, plans, and objectives to achieve sales targets and revenue goals. You collaborate with senior management to define sales targets, set performance metrics, and establish action plans to drive business growth and expansion. Market Positioning and Brand Awareness: Promoting the company's brand, products, and services to increase market visibility and awareness. You participate in industry events, conferences, and networking opportunities to build the company's reputation, establish thought leadership, and attract potential clients. Collaboration with Internal Teams: Collaborating with cross-functional teams such as marketing, product development, and customer support to align business development efforts with company objectives. You coordinate with internal stakeholders to ensure seamless execution of sales strategies and initiatives. Sales Pipeline Management: Managing the sales pipeline and tracking sales activities, opportunities, and progress using CRM (Customer Relationship Management) software. You maintain accurate and up-to-date records of client interactions, sales forecasts, and revenue projections to inform decision-making and resource allocation. Continuous Learning and Improvement: Staying updated on industry trends, market dynamics, and best practices in business development. You participate in training programs, attend industry conferences, and seek opportunities for professional development to enhance your skills, knowledge, and effectiveness as a business development executive.