Business Development Executive Job in Thalassery

Thalassery, Kerala Full Time Date: 30 May 2024

Job description

Market Research: Conducting market research to identify potential business opportunities, market trends, customer needs, and competitive landscapes. Analyzing market data and industry insights to identify target markets and develop effective strategies for business growth. Lead Generation: Generating leads through various channels such as cold calling, networking, email campaigns, social media outreach, and industry events. Qualifying leads based on criteria such as budget, timeline, and fit with company offerings. Prospecting and Outreach: Identifying and reaching out to potential clients, partners, or stakeholders to explore collaboration opportunities, pitch company products or services, and initiate business discussions. Building and maintaining a pipeline of prospective clients and opportunities. Client Acquisition: Acquiring new clients and customers through effective sales techniques, presentations, and negotiations. Understanding client needs, pain points, and objectives to tailor solutions and value propositions that address their specific requirements. Relationship Building: Cultivating and nurturing relationships with existing clients, partners, and key stakeholders to foster long-term partnerships and loyalty. Providing excellent customer service, support, and follow-up to maintain client satisfaction and retention. Proposal Development: Developing customized proposals, presentations, and pitches to showcase company offerings, highlight key benefits, and address client needs. Collaborating with internal teams such as sales, marketing, and product development to create compelling proposals. Contract Negotiation: Negotiating terms, pricing, and contractual agreements with clients, partners, and vendors. Ensuring that contracts are mutually beneficial, legally sound, and aligned with company objectives and policies. Strategic Planning: Developing and executing strategic business development plans and initiatives to achieve revenue targets, market expansion goals, and business growth objectives. Identifying new business opportunities, market niches, and growth areas for the company. Networking and Relationship Management: Building a strong professional network of contacts, industry influencers, and potential clients through participation in networking events, conferences, trade shows, and industry associations. Leveraging networking opportunities to promote the company's brand and generate business leads. Market Intelligence: Gathering intelligence on competitor activities, industry trends, customer preferences, and regulatory developments. Monitoring market dynamics and adapting business strategies accordingly to stay ahead of the competition and capitalize on emerging opportunities. Metrics and Reporting: Tracking and analyzing key performance indicators (KPIs) such as sales targets, lead conversion rates, pipeline growth, and revenue projections. Generating regular reports and updates on business development activities, progress, and outcomes for management review and decision-making. Continuous Learning and Development: Keeping abreast of industry trends, best practices, and emerging technologies in business development, sales, and marketing. Pursuing professional development opportunities such as training programs, workshops, and certifications to enhance skills and knowledge.