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The Sleep Company
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Business Development Manager - Retail

Business Development Manager - Retail

Name: Jobpe
Address: T-Hub, Plot No 1/C, Sy No 83/1, Raidurgam panmaktha, Knowledge City Rd, Hyderabad, Telangana, 500081, IN
Telephone: +91-83339-09630
Price range: Free

The Sleep Company

1 - 4 years

4 - 8 Lacs

bengaluru karnataka india

Posted:2 months ago| Platform: Foundit logo

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Skills Required

market research sales strategy customer acquisition data analysis negotiation skills crm software

Work Mode

On-site

Job Type

Full Time

Job Description

Market Research and Analysis:Market Assessment: Conducting market research to identify potential markets, customer segments, and emerging retail trends
Competitive Analysis: Analyzing competitors strategies, pricing, and offerings to identify opportunities for differentiation and competitive advantage
Consumer Insights: Gathering and interpreting consumer data and feedback to understand customer preferences and buying behaviors
Business Strategy:Strategy Development: Collaborating with senior management to develop a retail business development strategy aligned with the organization's goals and objectives
Goal Setting: Establishing sales targets, growth metrics, and key performance indicators (KPIs) to measure the success of business development initiatives
Lead Generation and Prospecting:Lead Identification: Identifying potential retail clients, partners, and sales opportunities through research, networking, and industry events
Prospecting: Initiating contact with potential clients or partners to explore business opportunities, present the organization's products or services, and establish relationships
Relationship Building:Client Engagement: Cultivating and maintaining strong relationships with existing retail clients to understand their evolving needs and preferences
Partnerships: Forming strategic partnerships and alliances with other retail organizations, suppliers, or service providers
Sales and Revenue Growth:Sales Strategies: Developing and implementing sales strategies to increase revenue, such as upselling, cross-selling, and expanding product lines
Negotiations: Negotiating contracts, pricing, and terms to secure new retail partnerships or agreements
Pipeline Management: Managing the sales pipeline, tracking progress, and ensuring a steady flow of new business opportunities
Product or Service Development:Product Feedback: Gathering customer and market feedback to guide product or service development and improvements
Innovation: Exploring innovative retail concepts, technologies, and trends to stay competitive and relevant

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Business Development Manager - Retail