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Title

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Business Development Executive

Description

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We are looking for a dynamic and results-driven Business Development Executive to join our team and play a crucial role in driving our business growth and increasing our market share. In this position, you will be responsible for identifying new business opportunities, developing relationships with potential clients, and closing deals to meet our revenue targets. The ideal candidate will have a strong understanding of market trends, the ability to analyze sales data, and the skills to effectively negotiate and persuade. You will work closely with the marketing and product development teams to ensure our offerings meet the needs of our target market. Additionally, you will attend industry events, conferences, and other networking opportunities to represent our company and build a strong professional network. Your contribution will directly impact our company's success, and you will play a key role in shaping our future growth strategies. This role requires a strategic thinker with excellent communication skills, a passion for sales, and a commitment to achieving long-term business goals.

Responsibilities

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  • Identify and develop new business opportunities.
  • Maintain and expand relationships with existing clients.
  • Conduct market research to identify trends and market needs.
  • Prepare and deliver presentations to potential clients.
  • Negotiate contracts and close agreements to maximize profits.
  • Attend industry events and conferences for networking opportunities.
  • Collaborate with the marketing team to develop strategies for targeting potential clients.
  • Provide detailed reports on sales activities and forecast future sales.
  • Work closely with the product development team to ensure offerings meet client needs.
  • Stay up-to-date with new products/services and new pricing/payment plans.

Requirements

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  • Bachelor's degree in Business Administration, Marketing, or related field.
  • Proven work experience as a Business Development Executive or similar role.
  • Strong understanding of sales performance metrics.
  • Excellent negotiation and communication skills.
  • Ability to deliver engaging presentations.
  • Experience with CRM software and MS Office.
  • Understanding of market research methods and analysis.
  • Solid organizational and time-management skills.
  • Ability to work independently and as part of a team.
  • Willingness to travel as required.

Potential interview questions

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  • Can you describe a time when you identified and capitalized on a new business opportunity?
  • How do you stay informed about market trends and competitors?
  • What strategies do you use to maintain relationships with existing clients?
  • Can you give an example of a successful negotiation you were part of?
  • How do you prioritize your tasks and manage your time effectively?
  • Describe a challenging situation you faced in business development and how you overcame it.
  • What experience do you have with CRM software?
  • How do you approach creating a presentation for a potential client?
  • What do you think is the most important skill for a Business Development Executive and why?
  • How do you handle rejection or failure?