Business Development Manager (BDM)
The Business Development Manager (BDM) plays a crucial role in driving the growth of the organization by identifying and pursuing new business opportunities. This role is essential for creating longterm value for the company through strategic partnerships and new market expansion. The BDM is responsible for understanding the competitive landscape market trends and customer needs which informs actionable marketing and sales strategies. By collaborating with internal teams and external stakeholders the BDM helps align business goals with operational capabilities ensuring sustainable growth. Additionally the BDM serves as a key representative in mentoring junior staff contributing to a positive work culture. Overall this role demands a strategic mindset and the ability to thrive in a dynamic business environment amplifying the company s market presence and fostering client engagements.
Key Responsibilities
- Identify and research new business opportunities and potential markets.
- Develop relationships with prospective clients and key stakeholders.
- Prepare and deliver presentations to potential clients.
- Coordinate with marketing and sales teams to optimize strategies.
- Negotiate contracts and agreements with clients.
- Analyze industry trends and competitor activities.
- Maintain a pipeline of upcoming opportunities and manage client followups.
- Collaborate with product development teams to align offerings with market needs.
- Track progress against business development goals and targets.
- Present actionable insights and reports to senior management.
- Participate in networking activities to build industry connections.
- Provide training and support to junior staff in business development practices.
- Ensure compliance with legal and company policies during deal closure.
- Monitor and evaluate the success of business development initiatives.
- Attend industry conferences and events to promote the company.
Required Qualifications
- Bachelors degree in Business Administration Marketing or related field.
- 3 years of experience in business development or sales roles.
- Proven track record of achieving sales targets and growing client relationships.
- Strong understanding of market dynamics and customer behavior.
- Exceptional verbal and written communication skills.
- Ability to work independently and as part of a team.
- Competence in using CRM software and business analysis tools.
- Excellent negotiation and persuasion capabilities.
- Proficiency in Microsoft Office Suite.
- Strong organizational and time management skills.
- Ability to travel as required for business purposes.
- Project management experience is a plus.
- Familiarity with digital marketing strategies and their applications.
- Recognized problemsolving skills and decisionmaking abilities.
- Understanding of financial metrics such as ROI and profit margins.
- Creativity in developing innovative business proposals.
client relationship management,decision making,financial metrics,creativity,crm software,communication skills,problem solving,communication,analytical thinking,contract management,business acumen,negotiation skills,market research,digital marketing strategies,sales,microsoft office suite,negotiation,decision-making,strategic planning,time management,business analysis,project management,problem-solving,persuasion,business development,business analysis tools,digital marketing,organizational skills