Business Development Manager
6 days ago
Location: Hyderabad
Position Type: Full-Time
Experience Level: 5-8
About Softobiz Technologies: Softobiz Technologies is a leading IT
services company dedicated to delivering innovative solutions to clients
worldwide. With a focus on cutting-edge technologies and exceptional client
service, we are committed to fostering business growth in the digital era.
Job Description:
Softobiz Technologies is seeking a dynamic and experienced
Sr Manager Business Development to spearhead revenue
growth, expand our client base, contribute to the overall success of the
organization, and effectively manage Profit and Loss (P&L)
responsibilities. The ideal candidate will possess a profound understanding of
the IT services industry, with a demonstrated track record in sales, pre-sales
activities, deal closures, team management, and financial acumen. This role will
primarily concentrate on the US Market, and other specified markets.
Responsibilities:
·
Understanding Requirements:
1. Thorough comprehension of client requirements and RFPs (Request for Proposals).2. Crafting tailored proposals in response to RFPs.3. Closing deals effectively.
·
Market Expansion and Revenue Generation:
1. Develop and implement strategies to identify and penetrate potential clients in targeted markets such as the North America.2. Drive revenue growth by acquiring new customers and expanding existing client relationships.
·
Sales Process Management:
1. Oversee the complete sales cycle, from lead generation and qualification to pre-sales discussions and finalizing deals.2. Proficiency in utilizing lead generation tools.3. Conduct compelling presentations and product demonstrations to illustrate Softobiz Technologies' value proposition.
·
Team Management:
1. Lead and mentor a high-performing business development team, offering guidance, coaching, and support.2. Establish and monitor team objectives to ensure alignment with overall business goals.
·
Client Relationship Management:
1. Cultivate and sustain robust, enduring relationships with clients, ensuring their satisfaction and retention.2. Serve as a trusted advisor, understanding clients' business needs and proposing bespoke solutions.
·
Industry Knowledge:
1. Possess extensive knowledge of the diverse IT services provided by Softobiz Technologies.2. Stay abreast of industry trends, competitor offerings, and market dynamics.
·
Profit and Loss (P&L) Management:
1. Assume responsibility for managing the Profit and Loss (P&L) of the business development function.2. Develop and execute strategies to optimize profitability while ensuring sustainable revenue growth.3. Monitor financial performance, analyze variances, and implement corrective actions as needed.
·
Proposal Development:
Collaborate closely with internal teams to formulate customized proposals and solutions tailored to clients' specific needs.
·
Closing Deals:
1. Successfully negotiate and close deals, adeptly handling objections to secure agreements.2. Achieve and surpass sales targets and objectives.
Qualifications:
- Minimum of 5-8 years of experience in business development, sales, and client acquisition within the IT services sector.- Demonstrated success in generating revenue and closing deals in the US markets.- Profound understanding of various IT services and technologies.- Outstanding communication and presentation skills, with the ability to convey complex technical concepts to non-technical stakeholders effectively.- Proven ability to lead and manage a high-performing team.- Strong financial acumen and experience in managing Profit and Loss (P&L) responsibilities.
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