Business Development Manager (BDM)

A Business Development Manager (BDM) is a professional responsible for identifying and pursuing new business opportunities to drive revenue growth for an organization. They focus on expanding market presence, building client relationships, and developing strategies to increase profitability. BDMs play a key role in securing new clients, negotiating contracts, and collaborating with various teams to achieve business objectives. Key Responsibilities:

• Identifying and Pursuing New Business Opportunities: BDMs research market trends, identify potential clients, and develop strategies to acquire new business.
• Building and Maintaining Relationships: They establish and nurture relationships with clients, partners, and other stakeholders to foster long-term business growth.
• Developing Sales Strategies: BDMs create and implement sales plans, including lead generation, proposal development, and contract negotiation.
• Collaborating with Teams: They work closely with sales, marketing, and product development teams to align strategies and achieve common goals.
• Negotiating and Closing Deals: BDMs leverage their negotiation skills to secure new clients and finalize strategic partnerships.
• Monitoring and Analyzing Performance: They track key performance indicators (KPIs) related to business development and make adjustments to strategies as needed.
• Staying Updated on Industry Trends: BDMs keep abreast of industry developments, market trends, and competitor activities to identify new opportunities.

Skills and Qualifications:

• Strong Communication and Interpersonal Skills: BDMs need to effectively communicate with clients, colleagues, and stakeholders.
• Sales and Negotiation Skills: They should be adept at building relationships, identifying needs, and closing deals.
• Strategic Thinking and Planning: BDMs need to develop and execute business plans that align with overall company objectives.
• Market Research and Analysis: They should be able to identify market trends, analyze data, and develop strategies based on their findings.
• Project Management Skills: BDMs often manage multiple projects and need to prioritize tasks effectively.
• Knowledge of the Industry and Company Products/Services: They should have a strong understanding of the industry and be able to articulate the value proposition of their company's offerings.

Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹50,000.00 per month

Language:

• English (Preferred)

Work Location: In person