A business development manager (BDM) is crucial to driving growth, increasing revenue, and forging new partnerships. The primary function of a business development manager is to identify growth opportunities, create and maintain relationships with existing clients to ensure sustained business growth.
NOTE: THE SUCCESSFUL CANDIDATE WILL BE REQUIRED TO SPEND TWO WEEKS AT THE HEADOFFICE IN UAE (Dubai)
JOB RESPONSIBILITIES
- Develop and execute strategic sales plans to drive business growth, expand market presence, and achieve revenue targets.
- Identify, approach, and secure new partnerships.
- Lead contract negotiations and close deals, ensuring favourable and mutually beneficial agreements while managing the entire customer acquisition process.
- Stay informed on the products available from providers, understanding their features, functionalities, and upcoming releases to effectively present them to customers.
- Continuously adapt strategies based on new market conditions, regulatory changes, and technological advancements within the industry.
- Conduct comprehensive market research to identify new business opportunities, emerging trends, and growth areas, always staying ahead of the competition.
- Analyze competitors' products, services, and marketing initiatives to refine sales strategies and enhance current market position.
- Monitor regional and industry trends, customer feedback, and the competitive landscape to identify areas for growth, innovation, and new product opportunities.
- Act as the primary point of contact for new customers during the acquisition phase, building and nurturing strong relationships by providing tailored solutions that meet their needs.
- Ensure a seamless handover to the Account Manager once customers are onboarded and set up, for ongoing management and support.
- Develop and implement operational strategies to enhance brand awareness and product usage.
- Conduct in-depth market research to analyze trends, customer behavior, and competitor strategies for identifying business opportunities.
- Develop tailored strategies and initiatives to improve customer experience and drive revenue growth.
- Review product and team performance regularly, identifying areas for improvement.
- Build and maintain relationships with key industry stakeholders including sponsors, partners, and affiliates.
- Develop and execute marketing strategies across retail and digital channels.
- Monitor marketing performance metrics, analyze results, and make data-driven adjustments for improved effectiveness.
Attend industry events, conferences, and expos (ICE, Sigma, iGB, etc.) to network and represent the company.
QUALIFICATIONS
- Bachelor's degree in Business Administration, Marketing, or a related field.
- Strong understanding of the industry/sector market and trends.
- Excellent communication and presentation skills, both written and verbal.
- Demonstrated ability to build and maintain relationships with clients and stakeholders.
- Strong negotiation and persuasion skills.
- Ability to work independently and as part of a team.
- Proficiency in Microsoft Office and CRM software.
- Willingness to travel as needed.
- Proven success in achieving and exceeding sales targets.
- Additional skills: Bootstrap, Web design, Adobe Animate (advantage).