A business development executive (BDE) is responsible for increasing sales and revenue by attracting new customers and retaining existing ones. Their duties include:
Research: Researching businesses individuals and industry trends to identify potential clients and markets
Sales: Generating sales leads contacting potential clients and negotiating business terms
Relationship building: Developing and maintaining relationships with clients
Strategy: Creating business strategies analyzing market trends and tracking business performance
Representation: Representing the company at industry events meetings and conferences
Communication: Preparing client presentations and materials and explaining the benefits of products to prospective clients
Management: Hiring onboarding and training new team members and delegating tasks to freshers
Reporting: Presenting sales reports to senior board members and investors
Time management: Developing daily and monthly schedules and creating meetings with teams
BDEs need a variety of skills including:
Communication
Negotiation and persuasion
Analytical and research abilities
Adaptability and flexibility
Relationship building
Time management
meeting with clients virtually or during sales visits. demonstrating and presenting products. establishing new business. maintaining accurate records. attending trade exhibitions, conferences and meetings. reviewing sales performance. negotiating contracts and packages.
Education
Graduation