Roles and Responsibilities of a Business Development Executive:
Identifying, qualifying, and securing business opportunities
Building business relationships with current and potential clients
Collaborating with sales and leadership to secure, retain, and grow accounts
Developing customized targeted sales strategies
Creating informative presentations; Presenting and delivering information to potential clients at client meetings, industry exhibits, trade shows, and conferences
Coordinating business generation activities
Responding to client requests for proposals (RFPs)
Answering potential client questions and follow-up call questions
Creating and maintaining a list/database of prospect clients
Maintaining short- and long-term business development plans
Maintaining database (CRM, Excel, etc.) of prospective client information
Cold calling; making multiple outbound calls to potential clients
Understanding client needs and offering solutions and support
Researching potential leads from business directories, web searches, or digital resources
Qualifying leads from digital campaigns, conferences, references, tradeshows, etc.
Closing sales and working with the client through the closing process
Meeting or exceeding annual sales goals.
Meeting all quotas for cold, active, inactive calls, appointments, and interviews
Maintaining a pipeline of all sales administration using CRM software
Collaborating with management on sales goals, planning, and forecasting
Qualification Requirements of a Business Development Executive:
For entry-level business or management-related jobs, a bachelor's degree is the minimum requirement. However, for the position of business development executive, a person should at least have a master's degree in business administration with a specialization in any stream such as finance, marketing, human resource, etc. People specialized in marketing are preferred over others for this profile.