Tuesday, June 30, 2020
How to become a Business Development Manager
How to become a Business Development Manager Looking for a career where development comes with the title? Youâve come to the right placeâ¦Business Development Managers are senior sales people who are responsible for improving an organisationâs financial growth.Their role could involve anything from sourcing new clients and developing relationships, to coming up with strategic goals (both short-term and long-term) and generating business interest through advertising, client calls, and networking.Business Development Managers are needed in almost every sector, and usually work in office environments â" although travelling to conferences, and events could also be part of their day-to-day.Typical duties for a Business Development Manager could include:Seeking out opportunities and pursuing potential sales leadsAssessing the needs of an organisation and tailoring sales pitches accordinglySelling products and/or services and negotiating costs with clientsBuilding on existing client relationships via phone, email, and face-to-fa ceSetting and monitoring sales targetsManaging, training, and motivating a team of sales peopleWriting and pitching sales proposalsIs it right for me?Not only will you need excellent communication (see also: sales) skills, and a knack for negotiation to become a Business Development Manager, youâll also need to be a strategic thinker with good business sense.A fast-paced working environment and tight deadlines come with the territory for anyone working in this field, so self-motivation, initiative, and a vested passion for what you do is also a must.A Business Development Manager will also need to be:Knowledgeable about sales methods and strategiesAble to give excellent customer servicePersuasive and personableA team player with good leadership skillsAble to manage time effectivelyA creative problem solverComputer literateCareer Progression Entry-level Business Development ManagerUp to £25,000 Business Development ManagerUp to £40,000 Senior Business Development ManagerUp to £65,000What's it really like? After realising I wanted a job working with people, I started out as a Sales Executive â" and Iâve never looked back (OK, maybe a few times). Even with the tough sales calls, itâs a really great industry to work in if you enjoy building relationships and thinking of strategic ways to do things. Being a Business Development Manager allows me to combine both of these strengths, and while one day I could be motivating my team, the next I could be contacting clients, arranging meetings, and persuading them to get on board with our businessâs products. Thereâs also a huge sense of community in my office, and the fact that weâre all working towards a joint goal makes meeting sales targets that little bit easier. Get qualifiedThere are no set entry requirements to become a Business Development Manager, but most employers will look for applicants with previous experience in sales, business management, or marketing. A degree or diploma in a related fi eld may be beneficial, but it isnât a prerequisite.
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