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Business Development Executive
2 months ago
Hiring for Business Development Executive in Thane -ON SITE
Candidate based in Mumbai may only apply
- Location: Thane, Wagle Estate
- Year of exp required: 0 to 3 Years only
- Salary: 3,60,000 LPA to 4,20,000 LPA fixed + Incentives
- Excellent Communication is needed.
- Skills: Sales exp is a plus, Selling Experience
Job Responsibilities :-
1. Identifying Business Opportunities:
· Conduct thorough market research and analysis to identify potential business opportunities in target markets.
· Stay updated on industry trends, technological advancements, and competitor activities.
· Identify emerging market segments and niche opportunities for business expansion.
2. Lead Generation:
· Develop and implement strategies for lead generation, including cold calling, email campaigns, networking, and referrals.
· Qualify leads based on predefined criteria and prioritize them for follow-up.
· Maintain a pipeline of leads and opportunities to achieve sales targets and revenue goals.
3. Developing Business Strategies:
· Collaborate with senior management to develop strategic business plans and growth initiatives.
· Define short-term and long-term business development goals and objectives.
· Recommend strategies to penetrate new markets and increase market share.
4. Client Relationship Management:
· Build and maintain strong relationships with existing and prospective clients.
· Conduct client meetings, presentations, and discussions to understand their needs and requirements.
· Act as a trusted advisor to clients, providing insights and recommendations on business solutions.
5. Sales and Proposal Development:
· Prepare and deliver compelling sales pitches, proposals, and presentations to clients.
· Customize solutions to meet the specific needs and challenges of each client.
· Negotiate contracts, pricing, and terms with clients to secure business opportunities.
6. Market Intelligence and Analysis:
· Monitor and analyze market trends, customer behavior, and competitor activities.
· Gather and interpret data to identify new market opportunities and potential threats.
· Provide insights and recommendations based on market intelligence to inform strategic decision-making.
7. Performance Tracking and Reporting:
· Track and analyze sales performance, business development activities, and key performance indicators (KPIs).
· Prepare regular reports and presentations to communicate business development results and progress against targets.
· Identify areas for improvement and implement corrective actions as needed.
8. Compliance and Ethics:
· Ensure compliance with all relevant laws, regulations, and company policies.
· Uphold ethical standards and integrity in all business dealings and interactions.
· Maintain confidentiality of sensitive information and proprietary data.