Business Development Executive

IMPERIAL MANUFACTURING PTE. LTD.; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A leading company in manufacturing seeks a Business Development Manager to drive growth through strategic planning, market analysis, and client relationship management. The successful candidate will develop sales strategies, negotiate contracts, and represent the company at industry events. This role offers an opportunity to influence company growth and expand market presence in a dynamic environment.

Qualifications

• Strong analytical and strategic planning skills.
• Proven track record in sales and client management.
• Experience in market analysis and identification of business opportunities.

Responsibilities

• Conduct market research to identify new business opportunities.
• Build and maintain strong relationships with clients.
• Develop and implement sales strategies to meet targets.

Skills

Market Research

Client Relationship Management

Strategic Planning

Sales Strategies

Negotiation

Cross-functional Collaboration

Job description

Job Description

1. Market Research & Analysis
- Conduct market research to identify new business opportunities, market trends, and customer needs.
- Analyze competitors and industry trends to inform strategic decisions.
2. Lead Generation & Prospecting
- Identify potential clients or partners through networking, industry events, and cold outreach.
- Develop and maintain a pipeline of prospects to generate new business opportunities.
3. Client Relationship Management
- Build and maintain strong relationships with existing clients, ensuring ongoing business and repeat sales.
- Handle client inquiries, concerns, and negotiations to ensure client satisfaction.
4.Strategic Planning & Business Expansion
- Develop strategic business plans to achieve company goals, including market expansion, product/service diversification, or entry into new regions.
- Collaborate with senior management to create actionable growth strategies.
5. Partnerships & Alliances
- Identify and establish partnerships or alliances that will benefit the business.
6. Sales & Revenue Generation
- Develop and implement sales strategies to meet or exceed sales targets.
- Work closely with the sales team to close deals and maintain a steady revenue flow.
7. Proposal Development & Presentations
- Prepare and present business proposals and presentations to potential clients or stakeholders.
- Customize proposals to meet the specific needs of the client or project.
8. Cross-functional Collaboration
- Work with marketing, product development, finance, and other departments to align business development efforts with overall company objectives.
- Provide feedback to internal teams regarding client needs, market trends, and opportunities for improvement.

9. Contract Negotiation & Deal Closing
- Negotiate contracts, pricing, and other terms with clients and partners.
- Ensure that all deals are in line with company policies and legal guidelines.
10. Performance Tracking & Reporting
- Monitor and track performance metrics, such as sales revenue, market penetration, and client satisfaction.
- Provide regular reports and updates to senior management on progress, challenges, and areas for improvement.
11. Brand Representation
- Represent the company at industry events, conferences, and meetings to build brand awareness.
- Act as an ambassador for the business in interactions with clients, partners, and stakeholders.
12. Budget Management
- Manage budgets for business development initiatives and ensure effective use of resources.
- Ensure cost-effective strategies are in place for lead generation, marketing, and other business development activities.