Business Development Manager

Krishna Jewellers Pearls and Gems Private Limited; Hyderabad; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Health Insurance

Provident Fund

Daily Snack

Yearly Bonus

Supportive Work Environment

Job summary

Krishna Jewellers Pearls & Gems Pvt. Ltd. seeks a dynamic Business Development Manager to drive expansion, identify new markets, and lead field activities across cities and states. You will analyze locations, negotiate deals, and coordinate with marketing for regional campaigns.

The role requires strong market understanding, strategic thinking, and willingness to travel extensively to capture new markets and support growth initiatives in jewellery retail.

Qualifications

• Bachelor's degree (MBA preferred)
• Minimum 5+ years in Business Development / Retail Expansion / Field Sales
• Experience in Retail/Jewellery industry is an added advantage
• Strong skills in market analysis, negotiation, and strategic planning
• Ability to travel across cities and states for expansion and field activities

Responsibilities

• Identify and evaluate new business locations and properties for expansion.
• Scout locations, assess footfall, visibility, and viability, and finalize suitable properties.
• Conduct market research to understand demand, competition, and growth opportunities.
• Analyze customer behavior and local trends to identify high-potential areas for expansion.
• Travel across cities/states for market expansion and BD activities.
• Visit locations to explore opportunities, build networks, and execute expansion strategies.
• Plan and execute below-the-line marketing campaigns to generate leads and brand awareness.
• Organize local promotional activities like events, kiosks, and activations.
• Collaborate with marketing to support local/regional campaigns.
• Work with internal teams to align marketing with regional goals and ensure campaign execution.
• Monitor field staff performance and ensure operational efficiency.
• Supervise field teams and track daily activities towards targets and quality standards.
• Build and maintain relationships with property owners, brokers, and local stakeholders.
• Identify and collect data on High Net-Worth Individuals for business opportunities.
• Lead negotiations related to property acquisition, partnerships, and deals.
• Track and report market trends, competitor activities, and business performance.

Skills

Business strategy

Market analysis

Negotiation

Deal management

Location knowledge

Data collection

Communication

Interpersonal skills

Education

Bachelor's degree

MBA preferred

Job description

Krishna Jewellers Pearls & Gems Pvt. Ltd. is looking for a dynamic and result-driven Business Development Manager with strong market understanding and strategic thinking. The role involves identifying new business opportunities, expanding market presence, and driving growth through location analysis, field activities, and customer engagement. The candidate will be required to travel extensively across different cities and states to capture new markets and support business expansion initiatives.

Key Responsibilities

• Identify and evaluate new business locations and properties for expansion
• Scout potential locations, assess footfall, visibility, and commercial viability, and finalize suitable properties aligned with business growth plans.
• Conduct market research to understand demand, competition, and growth opportunities
• Analyze customer behavior, competitor presence, and local market trends to identify high-potential areas for expansion.
• Travel across different cities and states for market expansion and business development activities
• Visit multiple locations to explore opportunities, build networks, and execute on-ground expansion strategies.
• Plan and execute Below-The-Line (BTL) marketing campaigns to generate leads and brand awareness
• Organize local promotional activities such as events, kiosks, and activations to increase visibility and customer engagement.
• Collaborate with the marketing team to support local and regional campaigns
• Work closely with internal teams to align marketing efforts with regional business goals and ensure effective campaign execution.
• Monitor and manage field staff performance and ensure operational efficiency
• Supervise field teams, track daily activities, and ensure targets and quality standards are consistently met.
• Build and maintain relationships with property owners, brokers, and local stakeholders
• Develop strong connections to secure better deals, gain local insights, and facilitate smooth business operations.
• Identify and collect data on High Net-Worth Individuals (HNIs) for business opportunities
• Gather and maintain a database of potential premium customers to support targeted sales and relationship-building efforts.
• Lead negotiations related to property acquisition, partnerships, and business deals
• Handle discussions to secure favorable terms and close agreements that benefit long-term business growth.
• Track and report market trends, competitor activities, and business performance
• Regularly monitor key metrics and provide insights to management for informed decision-making and strategy improvements.

Qualifications

• Any Bachelor’s Degree (MBA preferred).

Experience

• Minimum 5+ years in Business Development / Retail Expansion / Field Sales.
• Experience in Retail / Jewellery industry is an added advantage.

Required Skills

• Business Strategy & Market Analysis
• Negotiation & Deal Management
• Location & Area Knowledge
• Data Collection & Reporting
• Communication & Interpersonal Skills

Preferred Skills

• Experience in location scouting and property finalization
• Strong network with brokers and local stakeholders
• Experience in multi-location business expansion
• Strategic Thinking
• Result-Oriented Approach
• Strong Execution Skills
• Ability to Work Independently
• Adaptability to Field & Hybrid Work
• Health Insurance
• Provident Fund.
• Daily Snack.
• Yearly Bonus.
• A supportive and friendly work environment