Management > Business Development Manager
Salary National Average
| Low | Medium | High |
|---|---|---|
| 1.0000 | 1.0000 | 1.0000 |
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Short Description:
A Business Development Manager is responsible for identifying new business opportunities and building relationships to drive company growth and revenue. They research market trends, develop strategies to expand the customer base, and negotiate partnerships or contracts. The role involves collaborating with sales, marketing, and product teams to align business strategies with organizational goals. Business Development Managers also track performance metrics and report on progress to senior leadership. Strong communication, negotiation, and strategic planning skills are essential for success in this role.
Duties / Responsibilities:
- Identify, develop, and pursue new business opportunities to drive company growth and revenue
- Build and maintain strong relationships with prospective and existing clients to promote products and services
- Conduct market research and competitive analysis to identify trends, potential clients, and areas for expansion
- Develop and implement strategic sales plans to achieve short- and long-term business objectives
- Collaborate with marketing, product development, and sales teams to align business growth strategies
- Prepare and deliver presentations, proposals, and pitches to potential clients and stakeholders
- Negotiate contracts, pricing, and terms of business agreements to maximize profitability
- Track business development metrics and prepare reports on pipeline progress and performance outcomes
- Represent the company at industry events, trade shows, and networking opportunities to build brand visibility
- Stay informed about market developments, industry innovations, and emerging business opportunities
Skills / Requirements / Qualifications
- Education: Bachelor’s degree in business administration, marketing, or a related field; MBA preferred
- Experience: 3–5 years of experience in sales, marketing, or business development, ideally in a relevant industry
- Sales & Negotiation: Strong skills in lead generation, relationship building, and closing deals
- Strategic Thinking: Ability to identify growth opportunities and develop actionable business plans
- Communication: Excellent presentation, negotiation, and interpersonal communication skills
- Analytical Skills: Proficiency in analyzing market trends, performance data, and sales metrics
- Technical Proficiency: Familiarity with CRM software (e.g., Salesforce, HubSpot) and Microsoft Office Suite
- Adaptability: Ability to thrive in a fast-paced, results-driven environment with shifting priorities
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