Business Development Executive

2 weeks ago

Lucknow, Uttar Pradesh, India Mass Nex Gen LLP Full time ₹ 2,40,000 - ₹ 3,60,000 per year
  • Market Research and Analysis: Conduct thorough market research to identify potential opportunities, market trends, and customer needs. Analyze industry data and competitor activity to stay informed about the competitive landscape.
  • Lead Generation: Identify and prospect potential clients through various channels such as cold calling, email outreach, networking events, and online platforms. Build and maintain a robust pipeline of qualified leads.
  • Client Relationship Management: Cultivate and nurture strong, long-lasting relationships with existing clients. Understand their needs, provide exceptional service, and identify opportunities for upselling or cross-selling.
  • Sales Strategy Development: Collaborate with the sales team to develop and implement effective sales strategies that align with the company's goals and objectives. Create and maintain sales plans and forecasts.
  • Proposal and Presentation: Prepare and deliver persuasive sales presentations and proposals to potential clients. Tailor these materials to address their specific needs and showcase the value of your products or services.
  • Negotiation and Closing Deals: Lead negotiations with clients, addressing their concerns and objections. Aim to successfully close deals while ensuring mutually beneficial terms.
  • Market Expansion: Identify and evaluate new market segments or regions for potential business expansion. Develop strategies to penetrate new markets and gain a competitive edge.
  • Product Knowledge: Maintain a deep understanding of the company's products or services, their features, benefits, and competitive advantages. Be prepared to answer client inquiries and provide relevant information.
  • Sales Reporting and Analysis: Generate regular reports on sales performance, pipeline progress, and key performance indicators (KPIs). Analyze data to identify areas for improvement and adjust strategies accordingly.
  • Team Collaboration: Collaborate with cross-functional teams, including marketing, product development, and customer support, to ensure seamless execution of business development plans and strategies.
  • Budget Management: Responsible for managing and optimizing the business development budget to maximize ROI while adhering to financial guidelines.
  • Continuous Learning: Stay updated on industry trends, emerging technologies, and best practices in business development. Attend conferences, workshops, and training sessions as needed.
  • Compliance and Ethics: Ensure all business development activities comply with legal and ethical standards. Maintain integrity and transparency in all interactions with clients and partners.
  • Goal Achievement: Set and work toward achieving sales targets and objectives. Develop action plans to address challenges and meet or exceed quotas.
  • Feedback and Improvement: Solicit feedback from clients, colleagues, and superiors to continuously improve business development processes and strategies.
  • Documentation: Maintain accurate records of client interactions, proposals, contracts, and other relevant documents using CRM software or other tools.
  • Adaptability: Be adaptable and open to changes in strategies or market conditions and pivot as necessary to achieve business goals.

Job Type: Full-time

Pay: ₹10, ₹30,000.00 per month

Work Location: In person

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