Business Development Manager

Management
What is the Role of Business Development Manager , How to Become a Business Development Manager - TheCareerHub
  • Growth
    18%
  • Salary
    RS 25000-100000
Overview

Who is Business Development Manager?

Business development managers are responsible for developing proper business solutions and managing realistic expectations for the organization. They create business plans that effectively increase revenue, improve customer satisfaction, and increase brand loyalty. As such, their work is closely related to that of advertising and marketing managers. More than just well-timed networking, business development is the creation of long-term value for an organization from customers, markets, and relationships.

Typical day at work

What does Business Development Manager do?

A decent job title should include a broad term, the quantity of experience you have, and any specific credentials you have. The broad word will help your job title stand out in a broader search for similar positions. By emphasising the degree of responsibility and prior knowledge required, the level of experience will help you attract the most qualified individuals. Consider mentioning the specialisation in the job title if your role is specialised. To ensure that readers understand what your job advertisement is about before clicking, avoid using internal titles, abbreviations, or acronyms.

  1. Business Development Officer.
  2. Business Development Manager.
  3. Business Development Associate.
  4. Business Developer (International).
  5. Business Development Representative.
  • A business development has to research organizations to find new customers and identify who makes the decisions.
  • They have to do ‘cold calling’ to arrange meetings at customers’ premises.
  • Finding out what an organization needs and working with a team to plan proposals and pricing.
  • A business development manager has to sell products and services to new and existing customers.
  • They have to negotiate with customers and building positive relationships
  • Attending events and conferences.
  • Writing reports and making presentations to customers and senior management.
  • Identifying new methods and opportunities for sales campaigns.
  • Forecasting sales targets and making sure they’re met.
  • Delivering training to business developers and junior sales teams.
Abilities & aptitude needed

What are the skills, abilities & aptitude needed to become Business Development Manager?

To become a business development manager one must have the ability to sell products and services. The ability to use your initiative, ambition and a desire to succeed is also required. Excellent communication, leadership, customer service and business management skills. To be able to use a computer and the main software packages confidently is necessary.

Courses

Which course I can pursue?

Best Colleges

Which are the best colleges to attend to become Business Development Manager?

Industries

Which industries are open for Business Development Manager?

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Internship

Are there internships available for Business Development Manager?

Take the opportunity to work under a profession that gives you a exposure in all the fields of a business. It will allow you to have a practical learning about management , human resource, finance, leadership kills and will also give you contacts for future reference.

Career Outlook

What does the future look like for Business Development Manager?

Business Development Managers retain a high value in every company. Regardless of your industry, you’ll be in line to earn an impressive income. They have opportunity to work in all the industries. They work with multiple companies on contract basis and thus require travelling between the companies.

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