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Business Development Manager

2 weeks ago

Lahore, Punjab, Pakistan ABN Overseas Education Full time ₹972,000 - ₹1,080,000 per year

Business Development Manager: Description and Responsibilities

Role Overview The Business Development Manager plays a pivotal role in driving the company's growth by leading business development initiatives, building strategic partnerships, and guiding the sales team toward achieving revenue and expansion goals. This role requires a balance of strategic planning, market insight, team leadership, and client relationship management to position the company competitively in the market.

Key Responsibilities

1. Identifying New Business Opportunities

  • Conduct in-depth market research to identify emerging opportunities and industry trends.
  • Analyze competitor strategies and develop plans to capture market share.
  • Explore new markets, partnerships, and revenue streams for expansion.

2. Building and Managing Relationships

  • Develop and nurture long-term relationships with key stakeholders, partners, and high-value clients.
  • Represent the organization at networking events, industry forums, and business meetings.
  • Oversee client engagement strategies to enhance satisfaction and retention.

3. Lead Generation & Sales Strategy

  • Design and implement effective lead generation strategies to expand the client base.
  • Support and guide the sales team in converting leads into long-term business relationships.
  • Drive sales targets by setting performance metrics and monitoring progress.

4. Negotiation & Deal Closure

  • Lead high-level negotiations with prospective clients and partners.
  • Finalize contracts, agreements, and strategic deals to ensure favorable terms for the company.
  • Manage key accounts and oversee smooth onboarding of new clients.

5. Strategic Planning & Market Development

  • Collaborate with senior leadership to shape business development strategies aligned with organizational goals.
  • Provide insights on industry trends, risks, and opportunities to influence decision-making.
  • Forecast revenue growth and ensure business plans are executed effectively.

6. Collaboration with Marketing & Sales Teams

  • Work closely with marketing to design campaigns that attract and convert prospects.
  • Ensure alignment between sales initiatives and marketing strategies.
  • Mentor and train business development executives and associates.

7. Proposals, Presentations & Client Pitches

  • Oversee preparation of compelling proposals and presentations tailored to client needs.
  • Deliver high-level presentations to potential clients, partners, and investors.
  • Ensure proposal quality meets brand and business standards.

8. Performance Tracking & Reporting

  • Establish KPIs to evaluate the effectiveness of business development initiatives.
  • Present detailed reports on performance, sales pipelines, and forecasts to senior management.
  • Continuously refine strategies based on outcomes and market changes.

9. Industry Networking & Representation

  • Attend industry conferences, exhibitions, and trade shows to build networks and promote brand visibility.
  • Position the company as a thought leader by staying updated on industry advancements.

Qualifications & Skills

  • Bachelor's degree in Business, Marketing, or related field (Master's preferred).
  • Proven experience in business development, sales, or client management (managerial experience preferred).
  • Strong leadership, communication, and negotiation skills.
  • Expertise in CRM systems, business analytics, and market research tools.
  • Ability to manage teams, drive performance, and achieve revenue targets.
  • Strategic thinker with strong problem-solving and decision-making capabilities.

Job Type: Full-time

Pay: Rs80, Rs90,000.00 per month

Work Location: In person