Developing a network: BDMs build a network of contacts to attract new clients.
Researching markets: BDMs research new market opportunities and trends.
Overseeing growth projects: BDMs oversee growth projects, sales projections, and revenue forecasting.
Managing client relationships: BDMs build and maintain strong client relationships.
Collaborating with sales: BDMs collaborate with sales teams to achieve business goals.
Strategic planning: BDMs develop strategic plans to create a pipeline of new business.
Reporting: BDMs report on business development activities.
Setting KPIs: BDMs establish key performance indicators (KPIs) to track the success of their business development and marketing.
Setting up a CRM system: BDMs set up a Client Relationship Management (CRM) system to track and manage client interactions, referrals, and business development activities.
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