Business Development Executive Job in Kozhikode

Kozhikode, Kerala Full Time Date: 17 May 2024

Job description

Market Research: Conducting research to identify potential markets, industries, and clients for the organization's products or services. This involves analyzing market trends, competitor activities, and customer needs to identify opportunities for growth. Lead Generation: Generating leads through various channels such as cold calling, email outreach, networking events, and social media. This involves prospecting and qualifying leads to identify potential opportunities for business development. Client Relationship Management: Building and maintaining relationships with existing and potential clients to understand their needs, preferences, and challenges. This includes regular communication, meetings, and follow-ups to nurture relationships and address client inquiries. Proposal Development: Developing proposals, presentations, and pitches to showcase the organization's products or services and persuade potential clients to engage with the company. This involves customizing proposals to address client-specific needs and demonstrating value propositions effectively. Negotiation and Closing: Negotiating terms, pricing, and contracts with clients to secure new business opportunities. This includes handling objections, overcoming challenges, and finalizing agreements to achieve sales targets and revenue goals. Strategic Planning: Developing and implementing strategic plans and initiatives to drive business growth and expand the organization's market presence. This involves identifying key growth areas, setting objectives, and executing action plans to achieve business development objectives. Collaboration: Collaborating with internal teams such as sales, marketing, product development, and operations to align business development efforts with overall business goals and objectives. This includes sharing insights, coordinating activities, and supporting cross-functional initiatives. Market Intelligence: Monitoring industry trends, competitor activities, and market dynamics to stay informed about changes and developments in the marketplace. This involves gathering market intelligence, analyzing data, and identifying opportunities for business development. Pipeline Management: Managing the sales pipeline and tracking progress of leads and opportunities through various stages of the sales process. This includes updating CRM systems, forecasting sales, and prioritizing activities to maximize conversion rates and revenue generation. Client Feedback: Gathering feedback from clients about their experiences with the organization's products or services. This includes soliciting feedback through surveys, interviews, and follow-up discussions to identify areas for improvement and enhance customer satisfaction.