Business Development Executive

1. Conduct market research to identify new business opportunities

The Business Development Manager is responsible for researching market trends, understanding industry shifts, and identifying opportunities for growth. This involves analyzing competitors, spotting gaps in the market, and assessing where the company can expand.

By thoroughly understanding the landscape, the manager can suggest strategic moves like entering new markets or introducing products that cater to untapped demand.

2. Build and maintain strong relationships with clients and partners

The role isn’t just about initiating these connections but also nurturing them. A key part of business development is ensuring that partnerships are mutually beneficial, and the manager must consistently engage with stakeholders to maintain trust and create opportunities for future collaboration.

3. Work with internal teams to develop strategies that meet market and client needs

A Business Development Manager collaborates closely with internal teams such as marketing, sales, and product development to create strategies that align with both market demands and client needs. This collaboration ensures that the company’s offerings remain relevant and competitive, enhancing its ability to capture new opportunities while retaining existing clients.

4. Present business plans to company leaders and stakeholders

These plans outline growth strategies, market entry plans, risks, and expected outcomes. Being able to communicate these ideas clearly and persuasively is important, as it’s about gaining the buy-in needed to move forward with business development initiatives.

5. Monitor the progress of business initiatives and adjust plans as necessary

After implementing a strategy, it’s essential to monitor its performance continuously. The manager tracks key metrics like revenue growth, market penetration, and client acquisition. If progress falls short of expectations, the manager must be proactive in adjusting the plan to keep it aligned with company objectives, ensuring that goals are met.

6. Understand your company’s product positioning and keep tabs on competitors

A thorough understanding of the company’s product positioning in the market is essential. The Business Development Manager must also keep up with competitor activities, such as their pricing strategies, new product launches, and overall market behaviour. By staying informed, the manager can make strategic decisions to enhance the company’s competitive edge.

7. Collaborate with the sales team to generate leads and secure new clients

While business development focuses on long-term growth, the relationship with the sales team is key. The manager works with sales to generate qualified leads, ensuring that new business opportunities are followed up efficiently. Collaboration here helps the company secure new clients while expanding its market presence.

• It is a Full Time Telesales / Telemarketing job for candidates with 0 - 6 months of experience.

More about this Business Development Executive job

1. What is the eligibility criteria to apply for this Business Development Executive job?
   Ans: The candidate should be 12th Pass and above and above with 0 - 6 months of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹10000 - ₹15500 per month + Incentives that depends on your interview. It's a Full Time job in Nagpur.
3. How many working days are there for this Business Development Executive job?
   Ans: This Business Development Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Business Development Executive job?
   Ans: No, there is no fee applicable for applying this Business Development Executive job and during the employment with the company, i.e., DIGITRON SOFTWARES AND TECHNOLOGY.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Business Development Executive role?
   Ans: There is an immediate opening of 2 Business Development Executive at DIGITRON SOFTWARES AND TECHNOLOGY
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Telesales / Telemarketing job.
8. What are the timings of this Business Development Executive job?
   Ans: This Business Development Executive job has Day Shift.