Business Development Executive Jobs Opening in Divine Wisdom Financial pvt ltd at Madivala, Bangalore
Job Description
Position Overview
A Business Development Executive (BDE) is responsible for identifying business opportunities, building client relationships, and driving revenue growth. The role involves generating leads, pitching products or services, closing deals, and maintaining long-term business relationships with clients.
A BDE serves as a bridge between the company and the client, ensuring that customer needs are understood and fulfilled while achieving the organization’s sales and growth objectives.
Key Responsibilities
1. Lead Generation and Prospecting
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Research potential clients and identify new business opportunities.
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Generate leads through cold calling, emails, networking, referrals, and social media.
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Build and maintain a prospect database for targeted campaigns.
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Utilize platforms like LinkedIn, Justdial, Indiamart, or industry directories to identify potential customers.
2. Client Acquisition and Relationship Management
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Approach potential clients to introduce products and services.
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Conduct presentations, meetings, and product demonstrations.
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Develop and maintain strong client relationships to encourage repeat business.
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Understand client requirements and customize solutions accordingly.
3. Market Research and Business Strategy
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Analyze market trends, competitor offerings, and customer preferences.
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Provide feedback to the management team for improving sales strategies and product positioning.
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Identify niche markets and new segments to target for business expansion.
4. Sales Pitching and Negotiation
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Prepare and deliver effective sales pitches to potential clients.
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Negotiate pricing, contracts, and terms to ensure profitable business deals.
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Address client objections and provide solutions to close deals successfully.
5. Collaboration with Internal Teams
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Coordinate with the marketing, product, and operations teams to deliver client requirements.
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Work closely with the pre-sales team to prepare proposals and quotations.
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Ensure smooth onboarding and post-sales support for new clients.
6. Target Achievement and Reporting
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Meet or exceed monthly, quarterly, and annual sales targets.
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Maintain proper records of leads, calls, meetings, and conversions.
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Prepare sales reports and forecasts for management review.
7. Customer Retention and Upselling
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Develop strategies for customer retention and ensure a high satisfaction rate.
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Identify opportunities for upselling and cross-selling existing products or services.
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Build long-term relationships with key clients to maximize lifetime value.
Required Skills and Competencies
1. Sales and Negotiation Skills
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Ability to persuade, influence, and close deals effectively.
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Strong negotiation skills to create win-win business agreements.
2. Communication Skills
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Excellent verbal and written communication abilities.
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Ability to deliver professional presentations and proposals.
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Strong listening skills to understand client needs.
3. Relationship-Building Abilities
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Building trust and rapport with potential and existing clients.
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Maintaining positive relationships for long-term business growth.
4. Market Knowledge
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Understanding industry trends, customer behavior, and competitor strategies.
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Staying updated with market developments to adapt business approaches accordingly.
5. Technical and Digital Skills
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Proficiency in using CRM software for managing leads and customer data.
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Comfortable working with MS Office, Google Workspace, and online research tools.
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Basic understanding of digital marketing strategies is a plus.
6. Time and Task Management
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Prioritizing multiple tasks while meeting deadlines.
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Managing a high volume of calls, emails, and client interactions effectively.
More information about this Business Development Executive Job
Please go through the below FAQs to get all answers related to the given Business Development Executive job
- What are the job requirements to apply for this Business Development Executive job position?
- Ans: A candidate must have a minimum of 0 to 06 Months year experience as an Business Development Executive
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com, BA, BBA/BBM
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Business Development Executive is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Business Development Executive position?
- Ans: There are immediate 1 job openings for Business Development Executive in our Organisation.
