Business Development Manager - Bengaluru / Bangalore - confidential

    confidential
    confidential Bengaluru / Bangalore

    23 hours ago

    Full time ₹800,000 - ₹2,200,000 (INR) per year *
    Description
    • Market Research and Analysis:Market Assessment: Conducting market research to identify potential markets, customer segments, and emerging retail trends
    • Competitive Analysis: Analyzing competitors' strategies, pricing, and offerings to identify opportunities for differentiation and competitive advantage
    • Consumer Insights: Gathering and interpreting consumer data and feedback to understand customer preferences and buying behaviors
    • Business Strategy:Strategy Development: Collaborating with senior management to develop a retail business development strategy aligned with the organization's goals and objectives
    • Goal Setting: Establishing sales targets, growth metrics, and key performance indicators (KPIs) to measure the success of business development initiatives
    • Lead Generation and Prospecting:Lead Identification: Identifying potential retail clients, partners, and sales opportunities through research, networking, and industry events
    • Prospecting: Initiating contact with potential clients or partners to explore business opportunities, present the organization's products or services, and establish relationships
    • Relationship Building:Client Engagement: Cultivating and maintaining strong relationships with existing retail clients to understand their evolving needs and preferences
    • Partnerships: Forming strategic partnerships and alliances with other retail organizations, suppliers, or service providers
    • Sales and Revenue Growth:Sales Strategies: Developing and implementing sales strategies to increase revenue, such as upselling, cross-selling, and expanding product lines
    • Negotiations: Negotiating contracts, pricing, and terms to secure new retail partnerships or agreements
    • Pipeline Management: Managing the sales pipeline, tracking progress, and ensuring a steady flow of new business opportunities
    • Product or Service Development:Product Feedback: Gathering customer and market feedback to guide product or service development and improvements
    • Innovation: Exploring innovative retail concepts, technologies, and trends to stay competitive and relevant
    * This salary range is an estimation made by beBee
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