Business Development Executive at Elvaridah

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
57094
Job Views
112

Job Description



Job Description



  • As a Business Development Executive, you are responsible for identifying potential business opportunities, building relationships with clients and partners, and driving the growth of our company.

  • You will also analyze market trends, gather feedback from our customers, and collaborate with the teams in our Organization to achieve revenue and growth targets.


Responsibilities


Market Research and Analysis:



  • Conduct thorough market research to identify potential opportunities, target audience, and emerging trends.

  • Analyze market data, competitor strategies, and customer behavior to develop informed business strategies.


Lead Generation:



  • Identify and qualify leads through various methods, including cold calling, networking, referrals, and online research.

  • Maintain a database of potential clients and partners for outreach


Client Relationship Management:



  • Build and maintain strong relationships with existing and potential clients, partners, and stakeholders.

  • Understand their needs, concerns, and preferences to tailor solutions effectively.


Strategy Development:



  • Develop comprehensive business development strategies aligned with the company's goals and objectives.

  • Determine target markets, value propositions, and entry strategies for new markets.


Pitching and Presentations:



  • Craft compelling presentations and pitches that effectively communicate the company's value proposition to clients and partners.

  • Present solutions in a clear, concise, and persuasive manner


Negotiation and Deal Closure:



  • Engage in negotiations with clients, partners, and vendors to secure mutually beneficial agreements and contracts.

  • Ensure that terms, pricing, and conditions are favorable to the company.


Sales Planning and Forecasting:



  • Develop sales plans, set targets, and create strategies to achieve revenue goals.

  • Monitor sales performance, analyze data, and adjust strategies as needed for optimal results


Expansion Planning:



  • Evaluate potential markets for expansion, considering factors like market demand, competition, regulatory environment, and cultural nuances.

  • Develop market entry strategies tailored to each market's characteristics.


Requirements



  • Candidates should possess a B.Sc Degree in Business, Marketing, Sales, or a related field with 3 - 5 years relevant work experience.

  • Previous experience in sales, business development, or a related field is required.

  • Strong communication skills for effective presentations, negotiations, and relationship-building

  • Problem-solving abilities to address challenges and seize opportunities.

  • Proficiency in using CRM (Customer Relationship Management) software and sales tool.

  • Ability to conduct thorough market research to identify potential opportunities and trend.

  • Understanding of sales techniques, funnel management, and closing deals

  • Willingness to adapt to changing market conditions and evolving strategies

  • Comfort with using technology, including software, tools, and online platform.


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