Business Development Manager

3 - 8 years

4 - 8 Lacs

Posted:5 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

A business development manager's job includesidentifying new market opportunities, developing sales strategies, and building client relationships to drive long-term growth.Key responsibilities involve lead generation, market research, negotiating deals, and preparing proposals.They also collaborate with other teams, monitor performance, and stay updated on industry trends.

Key responsibilities

  • Strategy and planning:

  • Develop and execute business development and sales strategies.
  • Identify new business opportunities and market trends.
  • Conduct market research and analyze competitor activities.
  • Create long-term growth plans and strategic partnerships.
  • Sales and client relations:

  • Generate leads through cold calling, networking, and following up on referrals.
  • Build and maintain strong relationships with clients and stakeholders.
  • Negotiate and close deals to generate revenue.
  • Manage key customer accounts and identify new prospects.
  • Collaboration and reporting:

  • Collaborate with marketing, design, and sales teams to align efforts and meet goals.
  • Prepare business proposals, presentations, and contract agreements.
  • Use CRM software to manage client interactions.
  • Monitor business performance, track goals, and provide status reports.
  • Industry and product knowledge:

  • Stay updated on industry trends and the company's competitive position.
  • Develop a strong understanding of the company's products and services.
  • Team and other activities:

  • Train and mentor junior sales staff.
  • Attend networking events and conferences.

Key skills

  • Strategic and analytical thinking
  • Strong communication (verbal and written)
  • Negotiation skills
  • Project management
  • Organizational skills
  • Initiative and decision-making

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Indusind Bank logo
Indusind Bank

Banking and Financial Services

Mumbai

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