Business Development Executive

3 days ago

Chennai, Tamil Nadu, India Margadarsi Chit Fund Full time ₹ 2,00,000 - ₹ 8,00,000 per year

Company Overview

Margadarsi Chit Fund Pvt Ltd., a well-established company with 62 years of history, is part of the renowned Ramoji Rao Group. As one of the most trusted financial services providers, we deliver diversified financial solutions catering to various customer segments. With a presence in four states and 118 branches, our customer-centric approach has fostered significant growth and trust. Headquartered in Hyderabad, we belong to the Financial Services industry and employ between 1,001-5,000 individuals.

Job Overview

We are seeking a dynamic Business Development Executive to join our team. This junior-level position is available in multiple locations including Chennai, Madurai, Coimbatore, Vellore, Salem, Tiruchirappalli, and Erode. This role is ideal for individuals with a passion for building client relationships, strategizing sales, and expanding market reach. While no prior work experience is necessary, a strong motivation to drive business growth is essential.

Qualifications and Skills

  • Excellent communication skills (Mandatory skill), necessary for articulating ideas, engaging clients, and ensuring smooth information flow across teams.
  • Proven ability in lead generation (Mandatory skill) to identify potential clients and explore new business opportunities.
  • Proficiency in customer relationship management (Mandatory skill), focusing on developing long-term client relationships and ensuring client satisfaction.
  • Sales skills to effectively promote our services and achieve revenue targets within assigned territories.
  • Strong negotiation skills to close deals that are advantageous for both the company and clients.
  • Market research experience to analyze industry trends and competitor offerings, providing insights for strategic growth.
  • Expertise in building relationships to cultivate professional connections, ensuring ongoing business and referrals.
  • Strategic planning capabilities to formulate and implement growth strategies aligned with company objectives.

Roles and Responsibilities

  • Identify and pursue new business opportunities to achieve sales targets and expand the customer base.
  • Develop and maintain strong relationships with existing clients to ensure repeat business and referrals.
  • Analyze market trends and competitor strategies to enhance business strategies and stay competitive.
  • Coordinate with internal teams to align sales strategies with business objectives and client needs.
  • Participate in sales meetings and brainstorm sessions to drive innovative sales tactics and solutions.
  • Prepare and deliver engaging presentations to potential clients to promote services and negotiate contracts.
  • Monitor client accounts and resolve any issues promptly to maintain high customer satisfaction levels.
  • Collaborate with the marketing team to enhance brand presence and support promotional initiatives.

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