A business development executive is responsible for researching and pursuing new business leads for the growth of the business. The role involves active coordination across teams and demands exceptional inter-personal skills. The executive is expected to work on new business proposals and presentations which are a persuasive representation of an organisations products/services.

Job roles and responsibilities

The role of a Business Development Executive is to assist the organisations sales and growth efforts by contributing to new customer acquisition. He/she should be able to provide ideas to attract new clients and keep the senior management updated about marketplace and competitor activity. The primary role and responsibilities of a Business Development Executive include:

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1. Build contacts with potential clients to create new business opportunities and gain new leads.

2. Keep prospective client database updated.

3. Maintain knowledge of all product and service offerings of the company.

4. Follow company guidelines and procedures for acquisition of customers, submission of tenders etc.

 

Skills Required
 

1. Must possess strong customer service skills

2. Excellent written and verbal communication along with good negotiation skills.

3. Must have excellent interpersonal skills

4. Ability to work under pressure

 

Advantages of working as a Business Development Executive

 

1. A chance for networking.

2. Gaining insight in all the sectors of an organisation like marketing, finance etc.

3. It helps to develop a creative thinking.

4. Time Management Skills.

 

Future Prospects

 

The future prospect after working as a Business Development Executive are bright because it is a very great profile to start your career with. That is due to the following reasons:

 

1. Since working as a business executive gives you a holistic view of an organisation you are better prepared to choose the field of your interest.

2. Working as a BD Executive makes you sensitized towards the perspective of people under various departments and thus, you are better equipped to be a manager.

3. All the work done as a BD Executive is ground level which helps an organisation to grow, making BD the best profile if you want try your hands on entrepreneurship.

 

Companies that offer this profile

 

1. OYO Rooms

2. Mask models and creators

3. ThinknRise

4. IDBI Life Insurance

 

Please Note: The above description is relative and can vary from company to company

 

Source: AspiringMinds.com