Explore the critical requirements, core duties, primary responsibilities, and key skills that should be included in a comprehensive Business Development Manager job description.
What does a Business Development Manager do?
A Business Development Manager (BDM) is often the first person a new potential client will talk to when they want to know about a company's products and services. The BDM is also responsible for responding to requests for proposals (RFPs), tenders, and developing sales in new territories.
Job Description
We are looking for a new Business Development Manager to join our team. You will be responsible for managing a mix of existing accounts and new sales territories. To succeed in this role, you should be a good listener, have strong sales skills, and be motivated to find and close new business from cold calls and warm leads.
Job Duties and Responsibilities
- Contact potential clients and arrange meetings to build relationships.
- Plan and oversee new marketing strategies.
- Research organizations and individuals to find new opportunities.
- Maintain and grow relationships with current clients while attracting new ones.
- Identify and develop new markets to increase sales.
- Attend conferences, meetings, and industry events.
- Create quotes and proposals for clients.
- Set goals for the development team and ensure they are met.
- Train team members and help them improve their skills.
Requirements and Qualifications
- Bachelor's degree in business, marketing, or a related field.
- Experience in sales, marketing, or a related field.
- Strong communication skills and knowledge of technology.
- Ability to manage multiple projects at once.
- Excellent organizational skills.
- Comfortable working independently and handling uncertainty.
- Proficient in Microsoft Word, Excel, Outlook, and PowerPoint.
- Comfortable using a computer for various tasks.
Alternate Job Titles
- BDR Manager
- Manager Business Growth and Development
Business Development Manager Salary
The earning potential of a Business Development Manager can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Business Development Manager in the United States is approximately $141914.
Alternative Careers and Similar Jobs to a Business Development Manager
- Business Development Analyst Job
- Business Development Associate Job
- Business Development Consultant Job
- Business Development Coordinator Job
- Business Development Director Job
- Business Development Executive Job
- Business Development Officer Job
- Business Development Specialist Job
- Business Manager Job
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