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The business development manager is responsible for establishing and maintaining business relationships with current and prospective customers, promoting and selling products and services, and developing proposals and marketing materials. They must research new potential customers, address any customer issues, analyze the market potential, identify new business opportunities, monitor competitors, and present reports on customer needs and trends. The role requires a bachelor's degree in a relevant field, 8+ years of industry experience including 5 years in business development, knowledge of sales and negotiation skills, and the ability to develop presentations and communicate effectively.

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0% found this document useful (0 votes)
49 views

Like Rigworld Group 'S Comment

The business development manager is responsible for establishing and maintaining business relationships with current and prospective customers, promoting and selling products and services, and developing proposals and marketing materials. They must research new potential customers, address any customer issues, analyze the market potential, identify new business opportunities, monitor competitors, and present reports on customer needs and trends. The role requires a bachelor's degree in a relevant field, 8+ years of industry experience including 5 years in business development, knowledge of sales and negotiation skills, and the ability to develop presentations and communicate effectively.

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Business development manager

Responsibilities: Establish, develop, and maintain business relationships with current customers and
prospective customers in the market Promote, sell, and secure orders from existing and prospective
customers through a relationship-based approach. Lead the preparation of compelling proposals,
presentations, and marketing materials. Research sources for developing prospective customers to
determine their potential. Anticipate and expedite the resolution of customer problems and
complaints. Analyze market’s potential and determines the value of existing and prospective
customer value to the business. Identify and develop new business and revenue streams from new
and previously under-explored and under-developed initiatives and/or accounts. Monitor market
conditions, innovations and trends, and competitors' performance, pricing and sales strategies to
maximize competitive stance Present reports on customer needs, problems, interests, competitive
activities, and potential for new products and services. Participate in industry and client organizations
trade shows, etc. as a strategic part of client development
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Requirements: Bachelor’s Degree in Engineering, Marketing, Business Administration, or in a related


field or equivalent professional qualification. Possession of MBA is an advantage 8+ years of industry
experience with at least 5 years of Business Development experience Knowledge of sales promotion
techniques. Proactive, confident self-starter and strong analytical thinker. Ability to develop and
deliver presentations. Strong interpersonal and communication skills, paired with the ability to
persuade and influence others. Proficient in negotiating contracts with clients and partners

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