Business Development Executive Job in Kozhikode

Kozhikode, Kerala Full Time Date: 27 June 2024

Job description

Market Research and Analysis: Conducting market research to identify potential clients, industry trends, and competitive landscapes. Analyzing data to develop insights and strategies for business growth and market penetration. Lead Generation and Prospecting: Identifying and prospecting potential clients through networking, cold calling, email campaigns, and other lead generation activities. Qualifying leads based on company criteria and client needs to determine viable opportunities. Client Relationship Management: Building and maintaining strong relationships with prospective clients, understanding their business needs, and positioning the organization's products or services as solutions. Conducting meetings, presentations, and demonstrations to showcase offerings and address client inquiries. Proposal Development and Negotiation: Developing tailored proposals, pitches, and presentations in collaboration with the sales and marketing teams. Negotiating terms, contracts, and pricing to close deals and achieve mutually beneficial agreements. Sales Pipeline Management: Managing the sales pipeline and forecasting sales targets accurately. Tracking and following up on leads, maintaining communication throughout the sales cycle, and ensuring timely closure of deals. Collaboration with Internal Teams: Collaborating with sales, marketing, product development, and operations teams to align business development strategies with company goals. Providing market feedback and insights to inform product/service enhancements and go-to-market strategies. Market Expansion and Strategic Initiatives: Developing and executing strategies to penetrate new markets, industries, or geographical regions. Identifying partnership opportunities and strategic alliances to drive business growth and market expansion. Client Feedback and Market Insights: Gathering client feedback and market insights to identify trends, customer preferences, and competitive positioning. Using insights to refine sales strategies, improve product offerings, and enhance customer satisfaction. Sales Reporting and Analysis: Generating regular reports on business development activities, sales performance, and pipeline status. Analyzing sales data, trends, and KPIs to evaluate effectiveness and adjust strategies as needed. Continuous Learning and Professional Development: Keeping abreast of industry trends, market dynamics, and competitor activities through continuous learning and networking. Developing expertise in the organization's products/services and maintaining a strong understanding of industry best practices.