Business Development Executive Job in Kottayam

Kottayam, Kerala Full Time Date: 28 June 2024

Job description

Market Research and Analysis: Conducting market research to identify potential business opportunities, industry trends, and customer needs. Analyzing market data and competitor activities to develop targeted strategies for business growth and market penetration. Lead Generation and Prospecting: Generating leads through various channels including cold calling, networking, referrals, and digital marketing strategies. Qualifying leads and prioritizing opportunities based on their potential value and alignment with business objectives. Client Relationship Management: Building and nurturing relationships with key clients, partners, and stakeholders to understand their business needs and objectives. Conducting meetings, presentations, and negotiations to maintain and expand client relationships. Sales Pitch and Proposal Development: Creating compelling sales pitches, presentations, and proposals to communicate the organization's value proposition and solutions. Customizing proposals based on client requirements, addressing objections, and positioning offerings effectively. Negotiation and Deal Closure: Negotiating terms, pricing, and contractual agreements with clients to close deals and achieve sales targets. Ensuring that contracts are executed accurately and in accordance with company policies and legal requirements. Strategic Planning and Business Development: Developing and implementing strategic business development plans to drive revenue growth and market expansion. Setting measurable objectives, defining actionable steps, and tracking progress towards achieving business development goals. Collaboration and Cross-Functional Teamwork: Collaborating with internal teams such as sales, marketing, product development, and operations to align business development efforts with overall company objectives. Coordinating with cross-functional teams to execute joint initiatives, resolve client issues, and deliver integrated solutions. Market Intelligence and Competitive Analysis: Monitoring industry trends, competitor activities, and market dynamics to identify opportunities and threats. Providing insights and recommendations based on market intelligence to adapt strategies and gain competitive advantage. Reporting and Performance Analysis: Tracking sales activities, pipeline progress, and performance metrics using CRM (Customer Relationship Management) systems or sales tracking tools. Generating reports, analyzing data, and presenting findings to management to evaluate business development initiatives and make informed decisions. Continuous Learning and Professional Development: Staying updated on industry trends, best practices, and emerging technologies in business development and sales. Participating in training programs, workshops, and industry conferences to enhance skills, knowledge, and effectiveness in the role.