Business Development Manager

Job Description

Designation-Business Development ManagerProduct-InsuranceCTC-4 LPALocation- Ahmednagar, akola, Alibaug , Amravati, Aurangabad, Baramati,,beed ,bhandara, chandrapur ,chiplun, jalgaon, jalna, , latur, ,nagpur ,mumbai,Key Responsibilities:
• Lead Generation & Opportunity Identification:
• Research and identify new business opportunities through market research, networking, and industry events.
• Develop a pipeline of potential clients and leads by proactively reaching out to prospects.
• Analyze market trends and competitor activities to identify potential areas for business expansion.
• Relationship Building & Client Acquisition:
• Build and maintain strong relationships with prospective clients, partners, and industry influencers.
• Schedule and conduct meetings, presentations, and negotiations with potential clients to secure new business deals.
• Understand client needs and objectives, and propose tailored solutions that align with the companys offerings.
• Sales Strategy & Negotiation:
• Develop and execute sales strategies to drive revenue growth and meet sales targets.
• Manage the full sales cycle from initial contact to closing deals, including contract negotiation and finalization.
• Collaborate with internal teams (sales, marketing, legal, etc.) to ensure smooth execution of client contracts and agreements.
• Market Expansion & Brand Awareness:
• Identify and explore new markets and customer segments to expand the companys reach.
• Promote the companys brand and services at industry events, conferences, and networking opportunities.
• Work closely with the marketing team to align campaigns with business development goals and drive inbound leads.
• Customer Retention & Relationship Management:
• Foster long-term relationships with clients by providing ongoing support, addressing concerns, and ensuring client satisfaction.
• Work with account managers to ensure seamless onboarding and continued satisfaction for new clients.
• Sales Reporting & Forecasting:
• Track sales performance and report on progress against sales targets, budgets, and KPIs.
• Prepare regular reports for senior management on pipeline activity, sales forecasts, and revenue generation.
• Collaboration with Internal Teams:
• Coordinate with product and service teams to ensure the companys offerings meet client needs.
• Provide feedback from clients and market research to support the development of new products or services.

Keyskills :
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