Buisness Development Executive

3 weeks ago

Mohali, India nutrition shoppe Full time

Business Development Executive (Nutraceuticals)

Job Summary: The Business Development Executive is responsible for identifying new business opportunities, developing relationships with potential clients, and negotiating and closing business deals. This role requires a combination of strategic analysis, marketing, and sales skills to foster the company's growth.

Key Responsibilities:

  • Lead Generation: Identify potential new clients and turn this into increased business by using various strategies and approaches.
  • Client Relationships: Develop relationships with prospective clients, while maintaining existing client relationships that lead to repeat and referral business.
  • Market Research: Conduct research to identify new markets and customer needs, including analyzing market strategies, deal requirements, and financial potentials.
  • Proposal Development: Prepare and submit business proposals that align with clients' business needs, challenges, and objectives.
  • Negotiation and Closure: Negotiate terms of agreements, draft contracts, and close deals to maximize profits.
  • Strategic Planning: Develop and execute strategic business development plans aimed at sustaining or growing business.
  • Reporting: Track and record activity on accounts and help to close deals to meet these targets.
  • Collaboration: Work closely with internal teams, including marketing and product development, to ensure company goals are met.

Qualifications:

  • Master's degree in Business Administration, Sales, Marketing, or related field.
  • Proven working experience as a business development manager, sales executive, or a relevant role.
  • Proficiency in MS Office and CRM software
  • Strong market knowledge and ability to interpret financial data.
  • Excellent negotiation skills and proven track record of successfully pitching for new business.
  • Strong communication and interpersonal skills, with expertise in writing proposals and making presentations.
  • Ability to self-motivate and manage oneself and others if required.

Working Conditions:

  • Office environment, but frequent travel may be necessary to meet potential clients.
  • Standard working hours with additional hours to accommodate varying time zones and client needs.

Job Type: Full-time

Benefits:

  • Health insurance

Education:

  • Master's (Required)

Experience:

  • Sales: 2 years (Preferred)
  • Business development: 2 years (Required)
  • B2B sales: 2 years (Required)

Work Location: In person

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