Business Development Executive Job in Ottapalam

Ottapalam, Kerala Full Time Date: 27 May 2024

Job description

Market Research: Conducting market research to identify potential clients, market trends, and industry developments. Analyzing competitor strategies, customer needs, and market dynamics to identify opportunities for business growth. Lead Generation: Generating leads through various channels such as cold calling, networking, referrals, email campaigns, and social media outreach. Identifying decision-makers within target organizations and initiating contact to introduce your company's products or services. Client Engagement: Building relationships with prospective clients through effective communication, presentations, and demonstrations of your company's offerings. Understanding client needs, challenges, and objectives to tailor solutions that meet their requirements. Proposal Development: Developing proposals, presentations, and pitches that effectively communicate the value proposition of your company's products or services. Customizing proposals to address the specific needs and concerns of prospective clients. Negotiation and Closing: Negotiating terms, pricing, and contract agreements with prospective clients to secure new business. Overcoming objections, addressing concerns, and building trust to close deals and achieve sales targets. Account Management: Managing relationships with existing clients to identify upsell and cross-sell opportunities, as well as ensuring client satisfaction and retention. Providing ongoing support, resolving issues, and maintaining regular communication to strengthen client relationships. Strategic Partnerships: Identifying potential strategic partners, alliances, or distribution channels that can help expand your company's reach and market presence. Initiating and nurturing partnerships to create mutually beneficial opportunities for growth. Sales Pipeline Management: Managing the sales pipeline by tracking leads, opportunities, and sales activities in a CRM (Customer Relationship Management) system. Monitoring progress, forecasting revenue, and prioritizing efforts to maximize sales effectiveness. Market Intelligence: Staying informed about industry trends, market developments, and competitor activities. Gathering intelligence on market opportunities, customer preferences, and emerging technologies to inform business strategy and decision-making. Reporting and Analysis: Generating sales reports, analyzing performance metrics, and providing insights into sales activities, trends, and outcomes. Using data-driven analysis to evaluate sales effectiveness, identify areas for improvement, and make strategic recommendations.