Business Development Manager

5 - 9 years

0 Lacs

Posted:15 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Business Development Manager in the Indian pharmaceutical market, your main responsibility will be to identify and pursue new business opportunities. You will conduct market research and competitive analysis to identify potential clients and market segments. Developing and executing strategic sales plans to penetrate new markets and expand market share will be crucial. Generating leads, qualifying prospects, and scheduling meetings with potential clients are also part of your responsibilities. Additionally, you will prepare and deliver compelling presentations and proposals to prospective clients. Customer Relationship Management is a key aspect of this role, where you will build and maintain strong, long-term relationships with key customers, particularly pharmaceutical companies. Understanding customer needs, proactively addressing their concerns, providing excellent customer service, and ensuring customer satisfaction are essential tasks. Sales & Revenue Generation is another significant part of your role. You are expected to achieve and exceed assigned sales targets and revenue goals, negotiate contracts, and close deals effectively. Tracking sales performance and preparing regular reports on sales activities and results will also be required. Staying abreast of industry trends, competitor activities, and market developments through Market Analysis is essential. Analyzing market data and identifying new opportunities for business growth will be part of your responsibilities. Collaboration with internal teams, including Engineering, Production, and Marketing, to ensure smooth project execution and customer satisfaction is also expected. In terms of qualifications, you should have a Bachelor's degree in Engineering (Mechanical, Manufacturing, or related field) or an MBA in Marketing/Sales. 5-8 years of proven experience in business development or sales within the Pharmaceutical industry, with a preference for experience in the Tooling, Dies, and Molds sector, is required. Strong communication, interpersonal, and presentation skills, excellent negotiation and persuasion skills, strong analytical and problem-solving skills, proficiency in CRM software and other relevant sales tools, and proficiency in English communication and presentation skills are essential. The ability to travel within India as required is also necessary. Desired skills include knowledge of industry regulations and standards related to pharmaceutical tooling, experience in working with key decision-makers in the pharmaceutical industry, a strong understanding of market research and competitive analysis, and the ability to work independently and as part of a team.,

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