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Business Development Manager
2 months ago
GROW Women Leaders is an equity employer and strongly encourages applications from all qualified individuals, including men, indigenous people, visible minorities, people of sexual orientations and gender identities, persons with disabilities, and others who may contribute to the further diversification of the company.
We are seeking a highly skilled and experienced Business Development Manager to join our team. In this role, you will be responsible for identifying business opportunities, building and maintaining relationships, sales and revenue generation, negotiation and contract management, and market expansion.
Job DescriptionThe Business Development Manager will play a key role in driving sales, expanding the company's market presence, and establishing strong relationships with new and existing clients. The ideal candidate will possess a blend of strategic thinking, sales expertise, and excellent interpersonal skills to achieve business goals and drive revenue growth.
Key Responsibilities- Research and Identify New Business Opportunities
- Conduct market research to understand industry trends, competitive dynamics, and customer needs.
- Identify potential business partnerships, new markets, and revenue streams.
- Develop and Implement Business Development Strategies
- Develop and implement business development strategies that align with the company's long-term goals.
- Lead efforts to generate new sales leads, actively pursuing and closing business deals that align with company objectives.
- Manage the Sales Pipeline
- Manage the sales pipeline, tracking progress towards sales goals and reporting on performance.
- Use data-driven insights to inform business strategies and identify opportunities for market expansion.
- Negotiation and Contract Management
- Lead negotiations with clients and partners to secure favorable terms and agreements.
- Draft, review, and manage contracts, ensuring compliance with company policies and legal requirements.
- Market Expansion
- Conduct market research to understand industry trends, competitive dynamics, and customer needs.
- Identify potential business partnerships, new markets, and revenue streams.
- A bachelor's degree in Business Administration, Marketing, Sales, Finance, or a related field is typically required.
- A minimum of 3-5 years of experience in business development, sales, marketing, or a related field is typically required.
- Experience using Customer Relationship Management (CRM) tools to manage sales activities, track progress, and analyze data.
- Ability to analyze market trends, identify business opportunities, and develop strategies to enter new markets or expand within existing ones.
- Strong analytical skills to evaluate business performance and make informed decisions.
- Proficiency in multiple languages can be an advantage, especially for roles involving international business development.