Description:
Learn about the key requirements, duties, responsibilities, and skills that should be in a Business Development Specialist Job Description
Responsibilities:
- Analyzing and expanding business operations toward sustained growth.
- Monitoring revenue streams and identifying opportunities to increase profitability.
- Evaluating and improving sales, marketing, and branding strategies.
- Identifying and developing new lines of business based on consumer behavior.
- Performing competitor analysis toward obtaining an increased market share.
- Developing client relationships and strengthening industry partnerships.
- Identifying new clients by researching and creating networking opportunities.
- Negotiating and closing business deals that promote sustained revenue.
- Liaising with Sales, Marketing, and Management to align strategies aimed at increasing revenue.
- Assessing and advising on potential joint ventures, mergers, and acquisitions.
Qualifications:
- Bachelor's Degree in Business Development or Marketing, or similar.
- Master of Business Administration Degree (MBA) preferred.
- Previous experience as a Business Development Specialist in a related industry.
- Proficiency in integrated business management and CRM software, including NetSuite and Odoo.
- Advanced knowledge of business development, marketing strategies, and brand expansion.
- Experience in identifying profitable business opportunities and potential clients.
- Exceptional ability to analyze market trends and competitor behavior.
- Ability to maintain strong client relationships and establish industry partnerships.
- Competency in negotiating and closing business deals.
- Ability to advise on possible joint ventures, mergers, and acquisitions.
- Exceptional interpersonal and communication skills.