Business Development Manager (BDM)

A Business Development Manager (BDM) job description outlines the responsibilities of a professional focused on driving revenue growth by identifying new business opportunities, building client relationships, and developing strategic partnerships. Key duties include market research, lead generation, creating business proposals, negotiating deals, and collaborating with internal teams to implement strategies for expanding market reach and profitability.  Key Responsibilities: Identify New Opportunities: Research markets, industries, and competitors to find fresh opportunities for business expansion and profitable growth.  Convert new Leads: Find and attract potential new clients through various methods, including online research, networking, and cold outreach.  Build Relationships: Develop and maintain strong, long-term relationships with clients and strategic partners to foster trust and secure new business.  Develop Proposals: Create compelling business proposals and presentations to showcase how the company's products or services can meet client needs and add value.  Negotiate and Close Deals: Lead negotiations for new contracts and partnerships, ensuring mutually beneficial agreements that contribute to the company's success.  Collaborate Internally: Work closely with sales, marketing, and product development teams to align goals, ensure project success, and facilitate overall business growth.  Report Progress: Set goals and track performance by creating weekly, monthly, and quarterly reports on business development initiatives.  Stay Informed: Keep abreast of industry trends, market developments, and competitor strategies to inform business decisions and identify innovative solutions.  Company: Lab grown diamond company, Noida. Product to sell: Franchises worth 10, 15 and 20 lakhs each. Location: Sector 93b, Noida. Salary: upto 50k plus incentives. No targets. No cold calling.