Business Development Executive Job in Thrissur

Thrissur, Kerala Full Time Date: 14 June 2024

Job description

Market Research: Conduct market research to identify industry trends, market segments, and potential business opportunities. Analyze competitor activities, market dynamics, and customer needs to inform business development strategies. Lead Generation: Generate leads and prospect new business opportunities through various channels, including cold calling, email outreach, networking events, and social media platforms. Identify and qualify leads based on their fit with the company's products or services. Client Relationship Management: Build and maintain strong relationships with existing clients, key accounts, and strategic partners to foster loyalty, trust, and long-term partnerships. Provide personalized support, address client needs, and ensure customer satisfaction. Sales Pipeline Management: Manage the sales pipeline and sales funnel by tracking leads, opportunities, and deals through various stages of the sales process. Monitor key performance indicators (KPIs), such as conversion rates, win rates, and sales velocity, to assess sales effectiveness and forecast revenue. Proposal Development: Prepare and present proposals, quotations, and presentations to prospective clients outlining the company's products, services, and value proposition. Customize proposals to address client requirements, pain points, and objectives effectively. Negotiation and Closing: Negotiate terms, pricing, and contracts with clients to secure new business deals and agreements. Overcome objections, address concerns, and resolve issues to facilitate successful deal closures and win-win outcomes. Strategic Partnerships: Identify and pursue strategic partnership opportunities with complementary businesses, vendors, suppliers, or industry associations to expand market reach, enhance product offerings, and drive mutual growth. Marketing Collaboration: Collaborate with marketing teams to develop marketing collateral, promotional materials, and sales tools to support business development efforts. Coordinate marketing campaigns, events, and initiatives to generate leads and increase brand visibility. Product and Service Development: Provide feedback and insights from client interactions to inform product development, service enhancements, and innovation initiatives. Identify emerging market needs and opportunities to diversify and expand the company's product or service portfolio. Customer Feedback and Insights: Gather feedback from clients, stakeholders, and market trends to identify areas for improvement and innovation. Use customer insights to refine business strategies, offerings, and customer experiences. Industry Networking: Build a professional network of industry contacts, influencers, and thought leaders through participation in industry events, conferences, seminars, and networking groups. Stay updated on industry developments, best practices, and emerging trends. Performance Tracking and Reporting: Track business development activities, sales performance, and revenue metrics using CRM systems and sales analytics tools. Prepare regular reports, dashboards, and presentations to communicate progress, achievements, and challenges to senior management.