Business Development Managers are fundamental in any business – their role is to generate sales for an organisation from a new client base. They must identify new markets and opportunities, build relationships with clients and negotiate and close deals. A strong track record of business to business sales is essential.
Job description
The role of the Business Development Manager is to develop new business within a certain industry or geographical sector.
Candidates will be expected to use existing sales contacts to generate revenues, as well as identifying prospective clients within the target market.
Duties include:
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Extensive market research.
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Meeting potential clients.
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Reporting sales activity and forecasts to senior management.
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Manage pricing and margins within agreed limits.
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Presenting sales proposals to customers.
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Training and managing more junior employees.
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Co-ordinating advertising and marketing plans.
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Providing input into new and existing product development.
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Identifying new opportunities.
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Maintenance of internal reporting software.
Qualifications
No formal qualifications are needed, though sometimes employers will request that candidates are degree-educated. Employers are generally looking for a strong track record in a similar role.
Salary Snapshot
Recent salaries advertised on Clearly Sales Jobs (November 2009) include:
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£30-35,000 plus benefits for a National Business Development Manager for an industrial door firm in the East Riding.
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£60-150,000 for a Senior Business Development Manager for an e-commerce software company in Birmingham.
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£25-40,000 plus benefits for a Business Development Manager for a Business Services company based in London.
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£35,000 plus car for a Regional Business Development Manager for a glazing company in Kent.
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