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19/04 Shiwani Gautam
Associate Consultant - HR at Optivalue tek consulting

Views:66 Applications:24 Rec. Actions:Recruiter Actions:11

Manager - Business Development - IT Product (5-15 yrs)

Bangalore/Remote Job Code: 322144

Job Title : Business Development Manager (Software Industry)

Overview :

As a Business Development Manager in the software industry, you will play a crucial role in driving the growth and success of our company. You will be responsible for identifying new business opportunities, developing strategic partnerships, and expanding our client base. Your primary focus will be on generating revenue through sales and establishing long-term relationships with key clients.

Key Responsibilities :

Market Research and Analysis :

- Conduct thorough market research to identify potential clients, market trends, and competitive intelligence.

- Analyze market data to identify growth opportunities and areas for expansion.

Business Development Strategy:

- Develop and implement strategic business development plans to achieve sales targets and company objectives.

- Identify new business opportunities and develop strategies to capitalize on them.

Client Relationship Management :

- Build and maintain strong relationships with existing clients, understanding their needs and ensuring their satisfaction.

- Proactively engage with clients to identify new business opportunities and address any concerns.

Sales and Revenue Generation :

- Lead the sales process from prospecting to closing deals, including negotiation and contract development.

- Meet and exceed sales targets by effectively managing the sales pipeline and driving the sales cycle.

Partnership Development :

- Identify potential strategic partners and establish mutually beneficial relationships to drive business growth.

- Collaborate with partners to develop joint marketing initiatives and expand market reach.

Team Collaboration :

- Work closely with cross-functional teams, including sales, marketing, product development, and customer support, to ensure alignment and support for business development initiatives.

- Provide leadership and guidance to sales and business development teams to foster a culture of collaboration and accountability.

Reporting and Analysis :

- Prepare regular reports and analysis on sales performance, market trends, and business development activities.

- Use data-driven insights to optimize business development strategies and drive continuous improvement.

Qualifications :

- Bachelor's degree in Business Administration, Marketing, or related field. MBA preferred.

- 5+ years of experience in business development or sales within the software industry.

- Proven track record of achieving sales targets and driving revenue growth.

- Strong understanding of software products and technologies, with the ability to articulate value propositions to clients.

- Excellent communication and interpersonal skills, with the ability to build rapport and negotiate effectively.

- Strategic thinker with the ability to analyze market trends and develop innovative business development strategies.

- Proactive and results-oriented with a strong sense of initiative and drive for success.

- Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities simultaneously.

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