Business Development Executive Job in Thiruvananthapuram

Thiruvananthapuram, Kerala Full Time Date: 02 May 2024

Job description

Market Research: Conduct market research to identify potential business opportunities, market trends, customer needs, and competitor activities. Gather data and insights to inform business development strategies and decision-making. Lead Generation: Generate leads and prospect new clients through various channels such as cold calling, email outreach, networking events, and referrals. Identify key decision-makers within target companies and initiate contact to introduce products or services. Client Relationship Management: Build and maintain relationships with existing and prospective clients to nurture partnerships and foster long-term business relationships. Understand client needs, preferences, and pain points to tailor solutions and offerings accordingly. Sales Presentations and Proposals: Prepare and deliver compelling sales presentations, pitches, and proposals to prospects, highlighting the value proposition, benefits, and unique selling points of the company's products or services. Customize presentations to address specific client requirements and objectives. Negotiation and Deal Closing: Negotiate terms, pricing, and contracts with clients to secure new business opportunities and close deals. Handle objections, address concerns, and overcome challenges to finalize agreements and achieve sales targets. Pipeline Management: Manage the sales pipeline effectively, tracking leads, opportunities, and deals through various stages of the sales process. Use CRM software or sales tracking tools to organize and prioritize leads, follow up on prospects, and maintain accurate records of interactions. Strategic Partnerships: Identify and pursue strategic partnerships, alliances, or collaborations with other businesses or organizations to expand market reach, access new customer segments, and drive revenue growth. Explore co-marketing, co-selling, or joint venture opportunities to leverage synergies and mutual benefits. Market Expansion: Develop and implement strategies to enter new markets, regions, or industry verticals, leveraging market insights, competitive analysis, and industry trends. Identify target segments, devise market entry plans, and execute go-to-market strategies to capture market share and establish a presence. Customer Feedback and Insights: Gather customer feedback and insights to understand customer satisfaction levels, preferences, and areas for improvement. Use feedback to refine products, services, and sales strategies, and to enhance the overall customer experience. Sales Reporting and Analysis: Prepare regular sales reports, forecasts, and performance metrics to track progress against targets, analyze sales data, and identify areas for improvement. Provide insights and recommendations to management based on sales analysis and market trends. Continuous Learning and Development: Stay updated on industry trends, best practices, and emerging technologies related to business development and sales. Participate in training, workshops, and professional development opportunities to enhance skills and knowledge. Team Collaboration: Collaborate with cross-functional teams such as marketing, product development, and customer service to align business development efforts with overall company goals and objectives. Share insights, feedback, and market intelligence to support cross-functional initiatives and initiatives.