Job Description
Designation: Business Development Manager
General Summary:
The business development manager is in charge of developing business solutions. The main goal is to generate more revenue for the company. They will manage client accounts and come up with new sales ideas. This includes new sales strategies, sales pitches, and business plans.
Essential Job Functions for BDM
- Developing growth strategies and plans.
- Managing and retaining relationships with existing clients.
- Increasing client base.
- Having an in-depth knowledge of business products and value proposition
- Writing business proposals.
- Negotiating with stakeholders.
- Identifying and mapping business strengths and customer needs.
- Researching business opportunities and viable income streams.
- Following industry trends locally and internationally.
- Drafting and reviewing contracts.
- Reporting on successes and areas needing improvements.
Qualification and Experience:
As a manager at an organisation, this is a role that demands a qualification, or significant experience in the field. These degrees are important when advertising for a Business Development Manager:
- Business Development
- Economics or Finance
- Marketing
Skills/Abilities:
- High-level communication skills
- Stakeholder management skills
- Proven ability to negotiate
- Experience with design and implementation of business development strategy
- Conflict resolution
- The ability to self-motivate and motivate a team
- Experience working to and exceeding targets
