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QPED BUSINESS SOLUTIONS

Business Development Manager (BDM)

Early Applicant
  • a month ago
  • Be among the first 50 applicants

Job Description

Tasks & Activities Responsibility Identifying Business Opportunities

Deliverables Building and Maintaining Client Relationships

Sales and Revenue Generation

Collaboration and Coordination

Market Positioning and Brand Awareness

Reporting and Analysis

Continuous Learning and Improvement

Tasks and Activities

Identifying Business Opportunities.

Conduct market research to identify potential clients who could benefit from CFO services.

Analyse industry trends, competitor activities, and market gaps to identify new business opportunities.

Develop strategies to target specific market segments and expand the company s client base. Building and Maintaining Client Relationship.

Initiate and maintain relationships with key decision- makers and influencers in target companies.

Conduct meetings, presentations, and pitches to showcase the value proposition of the company s CFO services.

Address client inquiries, concerns, and feedback to ensure high levels of client satisfaction and retention,Sales and Revenue Generation.

Develop sales strategies and tactics to meet or exceed revenue targets set by the company.

Negotiate contracts, pricing, and terms with clients to secure new business and maximize profitability.

Collaborate with the marketing team to create compelling sales collateral, proposals, and presentations.

Collaboration and Coordination. Work closely with the CFO services team to understand the offerings, capabilities, and client requirements.

Coordinate with internal teams such as finance, legal, and operations to ensure smooth delivery of services to clients.

Collaborate with cross-functional teams on strategic initiatives, partnerships, and joint ventures to enhance service offerings.

Market Positioning and Brand Awareness.

Develop and execute marketing campaigns, events, and

initiatives to enhance the company's visibility and brand recognition.

Participate in industry conferences, networking events,

and forums to promote the company's expertise in CFO services.

Monitor market trends, competitor activities, and client

feedback to adapt strategies and stay competitive in the

market.

Reporting and Analysis:


Prepare regular reports, forecasts, and updates on

business development activities, sales pipelines, and key

performance metrics.

Conduct data analysis and performance reviews to assess

the effectiveness of business development strategies and

make data-driven decisions.

Continuous Learning and Improvement:


Stay updated with industry trends, best practices, and

regulatory changes related to CFO services.

Continuously enhance professional skills, sales

techniques, and product knowledge through training,

workshops, and certifications.

Actively seek feedback from clients, colleagues, and

supervisors to identify areas for improvement and

implement corrective actions.

Measurement

Metrics

New Business Acquisition:



Number of new clients acquired within a specific period.

Value of new contracts secured through business

development efforts.

Revenue Generation:


Total revenue generated from new clients brought in by

the Business Development Manager.

Growth in revenue from existing clients through

upselling or cross-selling additional services.

Sales Pipeline Management:


Size and health of the sales pipeline, including the

number of leads, prospects, and opportunities in various

stages of the sales cycle.

Conversion rates at each stage of the sales process (e.g.,

lead to prospect, prospect to client).

Client Retention and Satisfaction:


Client retention rate: Percentage of clients retained over

a specific period.

Net Promoter Score (NPS) or client satisfaction surveys to measure overall client satisfaction and loyalty.

Market Expansion:



Market penetration: Percentage of target market or

industry segment covered by the Business Development

Manager.

Market share growth: Increase in the company's market

share within the CFO services sector.

Activity Metrics:


Number of client meetings, presentations, and pitches

conducted.

Outreach activities such as calls, emails, and networking

events attended.

Proposal Success Rate

Percentage of proposals submitted that result in signed

contracts or agreements.

Time taken from proposal submission to contract closure

(sales cycle duration).

Strategic Partnerships:


Number of strategic partnerships established with

complementary service providers or industry stakeholders.

Impact of partnerships on lead generation, revenue, and

market reach.

Training and Development:



Participation in sales training programs, workshops, and

professional development activities.

Mastery of product knowledge, industry trends, and

competitive landscape.

Feedback and Improvement:


Feedback from clients, colleagues, and supervisors on the

Business Development Manager s performance.

Other

Requirements

E.g.

Office Timing

Weekly Off

Joining

conditions

Incentives and

Bonuses etc 6 Days Working

Sundays will be fix off

Job Types: Full-time, Permanent

Pay: 300,
  • 00 - 450,000.00 per year

    Benefits:
  • Health insurance
Provident Fund
Schedule:
  • Day shift
Supplemental pay types:
  • Performance bonus


Education:
  • Bachelor's (Preferred)

Experience:
  • Business development: 2 years (Preferred)

Financial services: 2 years (Preferred)

Language:
  • English (Preferred)


Work Location: In person




























More Info

Industry:Other

Function:Finance

Job Type:Permanent Job

Date Posted: 20/10/2024

Job ID: 97126545

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