business development manager job responsibilities:
• builds market position by locating, developing, defining, and closing business relationships.
• identifies trendsetter ideas by researching industry and related events, publications, and announcements.
• tracks individual contributors and their accomplishments.
• locates or proposes potential business deals by contacting potential partners.
• discovers and explores business opportunities.
• screens potential business deals by analyzing market strategies, deal requirements, and financials.
• evaluates options and resolves internal priorities.
• recommends equity investments.
• develops negotiating strategies and positions by studying integration of new venture with company strategies and operations.
• examines risks and potentials for the business opportunities.
• estimates partners’ needs and goals.
• closes new business deals by coordinating requirements; developing and negotiating contracts; and integrating contract requirements with business operations.
• protects organization’s value by keeping information confidential.
• enhances organization’s reputation by accepting ownership for accomplishing new and different requests.
• explores opportunities to add value to job accomplishments.
business development manager qualifications / skills:
• closing skills
• motivation for sales
• prospecting skills
• sales planning
• selling to customer’s needs
• territory management
• market knowledge
• presentation skills
• energy level
• meeting sales goals
• professionalism
education and experience requirements:
• ba in business administration or a related field/ graduation in any field but experience most needed
• freshers can also applied but they have the capability to do work
• 3 -5 years of sales experience
• some employers prefer holders of a master’s degree