Business Development Executive Job in Muvattupuzha

Muvattupuzha, Kerala Full Time Date: 17 May 2024

Job description

Market Research: Conduct research to identify potential markets, industries, and target segments for business expansion. 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 outreach, networking events, and social media. Identify and qualify prospects based on their interest, needs, and fit with the company's products or services. Client Relationship Management: Build and maintain relationships with existing clients to understand their needs, address their concerns, and identify opportunities for upselling or cross-selling additional products or services. Provide exceptional customer service to foster loyalty and retention. New Business Acquisition: Develop and implement strategies to acquire new clients and customers. Identify key decision-makers, conduct sales presentations, negotiate contracts, and close deals to win new business opportunities. Strategic Partnerships: Identify and pursue strategic partnership opportunities with other organizations, vendors, or industry stakeholders to expand the company's reach, capabilities, and offerings. Collaborate with partners to develop joint marketing initiatives, co-branded products, or referral programs. Product Development: Provide feedback and insights from the market to inform product development initiatives. Identify opportunities for product enhancements, new features, or additional offerings to better meet customer needs and stay competitive in the market. Sales Strategy Development: Develop and execute sales strategies to achieve business objectives and revenue targets. Set sales targets, create sales plans, and track progress towards goals. Adjust strategies as needed based on market conditions, competitor activities, and customer feedback. Networking and Relationship Building: Build and maintain a network of industry contacts, business professionals, and potential clients through networking events, industry conferences, and other forums. Leverage relationships to generate referrals, partnerships, and business opportunities. Proposal Development: Prepare and present proposals, bids, and sales pitches to prospective clients. Customize proposals to address client needs, showcase the company's value proposition, and differentiate from competitors. Collaborate with internal teams to develop pricing, scope, and terms that align with client requirements. Market Expansion: Explore opportunities for geographic expansion into new regions or markets. Conduct market assessments, establish distribution channels, and develop market entry strategies to penetrate new territories and grow the business.