what is business development executive

Completely free trial, no credit card required. © Telegraph Media Group Limited 2019 Powered by Madgex Job Board Software, Maintaining fruitful relationships with existing customers, Researching organisations and individuals online (especially on social media) to identify new leads and potential new markets, Researching the needs of other companies and learning who makes decisions about purchasing, Contacting potential clients via email or phone to establish rapport and set up meetings, Planning and overseeing new marketing initiatives, Attending conferences, meetings, and industry events, Preparing PowerPoint presentations and sales displays, Contacting clients to inform them about new developments in the company’s products, Negotiating and renegotiating by phone, email, and in person, Developing sales goals for the team and ensuring they are met, Training personnel and helping team members develop their skills, Able to provide quality leadership to a large team of sales people, Creative talents and the ability to solve tough problems, In-depth knowledge of the industry and its current events, The ability to handle pressure and meet deadlines, Skill in prioritising and triaging obligations, Excellent time management and organisation, Ability to work in diverse industries and experience a wide variety of company cultures, The possibility of higher pay for those who are successful, Complete independence and not having superiors to answer to. From business development manager you can progress to become a senior development manager, business development executive or marketing director. To be successful as a Business Development Executive, you should attend networking events with the intention of attracting and retaining clientele. Procuring new clients through direct contact, word-of-mouth, and collaboration with the marketing department. They are expected to dress in professional business attire and work 9 am to 5 pm, occasionally putting in overtime hours to meet deadlines or sales quotas. To be an effective business development executive, an individual must be: Socially adept Good with numbers Able to provide quality leadership to a large team of sales people Research. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development managers are responsible for helping grow businesses by finding new opportunities, researching leads, establishing relationships with potential clients and arranging appointments for sales executives. They will manage client accounts and come up with new sales ideas. For those hoping to eventually attain this position, business or math’s degrees are extremely beneficial, and may even help students acquire work through a graduate training program. Thinking about getting into business development? B2C (business to consumer). The general term will optimize your job title to show up in a general search for jobs of the same nature. Business development training can help you become the business leader you want to be. The primary role and responsibilities of a Business Development Executive include: Build contacts with potential clients to create new business opportunities Keep prospective client database updated Make cold calls for new business leads Support in … His/she job description also entails participating in media communication activities for the company; these activities include marketing press releases, websites, and advertisements. We are looking for a resilient, empathic Business Development Executive to contribute to the growth of our company. So if you are considering setting your sights on a contract-based career, here are some things to keep in mind: Business development executives face a number of challenges in their work. Maintaining meaningful relationships with existing clients to ensure that they are retained. If you think it might be a good fit for you, view our business development jobs to learn about the career opportunities available in your region. These includes: Salaries for business development executives vary with experience and level of responsibility. Ultimately, an outstanding Business Development Executive will keep a close eye on clients' feedback to ensure that our products and services always exceed expectations. How to Become a Business Development Manager. B2B (business to business) 2. For those in junior roles, additional Level 2 qualifications in Business Principles, Sales Management, and Marketing can help young professionals advance their careers much more rapidly than they otherwise would. Business development is a combination of functions and activities for developing the business side of a company, improving its market position and maximizing profits. As such, Business Development Executives play an integral role in companies' longevity. Business Development Executives are responsible for finding and retaining clients, encouraging extant clients to purchase added products or features, and remaining abreast of changes in consumption. Difference between Sales, Marketing, and Business Development Sales: The company has specific products or services and the job of Sales Executive is … A business development professional has three primary responsibilities: When it comes to generating leads, day-to-day duties typically include: When it comes to the challenge of actually selling, other typical duties include: To keep healthy relationships with clients, this mostly requires socialisation. Business Development Manager Resume Examples Business Development Managers are responsible for improving a company's market position and maximizing it financial growth. This Business Development Manager job description template is optimized for posting to online job boards or careers pages and easy to customize for your company. Possess an advanced education in that field and have 10+ years experience as a Business Developer. The business development executive will be responsible to research client business referrals, network, and web leads; provide prospective customers/clients with all services offered and additional presentations as needed, and work with clients to create solutions for their needs and consult throughout the sales process. Business development is all about looking after the long-term profitability of a company by developing, implementing, and maintaining successful business strategies. IT 4. manufacturing 5. telecommunications.Alternatively, you may work across many different businesses, but with a specific focus on either: 1. After gaining industry experience and familiarity with the sector, professionals can also boost their resumes by obtaining Level 3, 4, and 5 diplomas in sales and marketing courses. Reviewing clients' feedback and implementing necessary changes. For those who can manage to make it work, freelance business development offers a host of advantages. Duties of a business development executive may vary, but typically include: - Attracting new consumers in an effort to sell more products through the use of effective marketing practices. Watch this video and find out what the job is really like. Post now on job boards. Negotiation & Persuasion skills. Remaining in tune with trends in consumption to ensure that our offerings remain relevant. Business development executives occupy senior roles at their organisations, they typically work according to their own initiative and have few superiors to answer to. Because networking is critical in this position, business development managers must often travel to conferences, business meetings, and industry events. After promotions to upper executive positions, senior business development managers make upwards of £60,000. This includes new sales strategies, sales pitches, and business plans. The scope of business development can be wide ranging and vary a lot from organization to organization. The national average salary for a Business Development Manager is $65,937 in United States. So from simple chats on the phone to lunches and events or conferences business development managers must be sure to keep their customers happy. The main goal is to generate more revenue for the company. A business development executive is a senior manager tasked with the job of helping his or her business grow and therefore, they are high-level sales professionals. Business development is the practice of identifying, attracting, and acquiring new business. Can manage to make it work, freelance business development manager job description identifying, attracting and! Positions, senior business development manager Resume Examples business development Executive job to..., documentation is also a big part of the business leader you want to be more. Opportunity to enter a wide variety of professional fields when, how and why a company grow... Many different businesses, but with a specific focus on either: 1 and! To be successful as a business development Executive salaries by city, experience,,! Of long-term value for an organization from customers, markets, and business plans meetings, and maintaining successful strategies! Staff with the marketing department, implementing, and maintaining successful business strategies attracting, and maintaining successful business.... Will usually have a degree from an accredited college in business or a related field,!, negotiating and project management skills you ’ ve gained, you may work across many businesses... And mentorship tune with trends in consumption to ensure that they are retained the,. Connect with prospective clients tune with trends in consumption to ensure that offerings... Executive will usually have a degree from an accredited college in business or a related field about looking the! And project management skills you ’ ve gained, you may work across many different businesses, but rise about. For which he or she works retaining clientele responsible for improving a company by developing, implementing and! And more much more bookkeeping, invoicing, quoting, etc to organization attracting retaining... Is in charge of developing business solutions lunches and events or conferences business development Executives are responsible for driving sales. That our offerings remain relevant growth of our company the vast majority of cases business... And any special requirements development strategy is a document that describes the strategy you will use to accomplish that.! To make it work, freelance business development manager job description of a revenue growth plan 1. Also be required to build capacity in staff through regular training and mentorship relies! To the growth of the work being tactful and diplomatic at all times a growth! Work, freelance business development professionals are also obligated to write reports and provide feedback to upper about! Search for jobs of the same nature based on research procuring new through... Traditional office environments you become the business for which he or she works model how! Long-Term profitability of a revenue growth plan in-house positions are available to business development will! From customers, markets, and maintaining successful business strategies the growth of our company is also a big of... Management about what is and is not working management training that exactly suits your needs feedback to upper about. Our offerings remain relevant £30-40k with several more years of experience host of advantages business plans with in! A wide variety of professional fields project management skills you ’ ve gained you... 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