Business Development
7 months ago
he job scope of a Business Development Manager (BDM) can vary depending on the company, industry, and specific goals, but here are the typical responsibilities and activities associated with this role:
**Identifying Opportunities**: The BDM is responsible for identifying new business opportunities and potential markets. This involves conducting market research, analyzing trends, and staying updated on industry developments.
**Client Relationship Management**: Building and maintaining strong relationships with existing clients, understanding their needs, and ensuring their satisfaction. The BDM may be responsible for upselling or cross-selling additional products or services to existing clients.
**Sales Strategies**: Developing and implementing sales strategies and tactics to achieve revenue and growth targets. This includes setting sales goals, creating pricing strategies, and product positioning.
**Pitching and Presentations**: Preparing and delivering persuasive presentations and proposals to potential clients, partners, or investors. The BDM should be able to clearly communicate the value of the company's products or services.
**Negotiation**: Negotiating and closing deals, contracts, and partnerships. This may involve contract terms, pricing, and other aspects of business agreements.
**Market Expansion**: Identifying opportunities to expand into new markets, regions, or industries. This could include market entry strategies and growth plans.
**Strategic Planning**: Developing and executing long-term business plans and objectives to achieve sustainable growth. This involves setting business development goals and creating action plans.
**Budget Management**: Managing budgets and allocating resources efficiently to support business development initiatives. This may include monitoring expenses related to marketing and sales activities.
**Team Collaboration**: Collaborating with cross-functional teams within the organization, including marketing, product development, and customer support, to ensure alignment in business development efforts.
**Analytics and Reporting**: Using data and analytics to measure the success of business development strategies and making data-driven decisions. Providing regular reports and updates to management.
**Compliance and Legal Requirements**: Ensuring that all business development activities comply with legal and regulatory requirements, including industry-specific standards.
**Market Research and Competitive Analysis**: Staying informed about industry trends, competitors, and market changes. This includes identifying the strengths and weaknesses of competitors.
**Networking**: Building and maintaining a professional network within the industry, attending conferences, and participating in industry associations to foster relationships and identify potential opportunities.
**Results-Driven Approach**: Being results-oriented and continuously measuring the success of business development efforts against established KPIs and objectives.
**Job Types**: Full-time, Part-time
**Salary**: RM3,000.00 - RM3,500.00 per month
Expected hours: 18 per week
Schedule:
- Day shift
Supplemental pay types:
- Commission pay
- Performance bonus
Ability to commute/relocate:
- Kuala Lumpur: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Diploma/Advanced Diploma (required)
**Experience**:
- Sales: 1 year (required)
**Language**:
- Mandarin (required)
- Bahasa (required)
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