A Fantastic Opportunity for ...
Reports To:
Business Development Manager will report to Managing Director and General Manager.
Job Overview
Business Development Managers are concerned with improving and growing a business, by establishing and developing relationships with customers, suppliers, and other partners. research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products, and services.
Responsibilities and Duties
1 Responsible for launching new products, development planning, and management. also in charge of identifying every sales lead and making the most out of every opportunity to increase revenue and profitability.
2 Responsible for organizing market research & sales promotion programs and coordinating company marketing functions. Also accountable for calculating the market share and market growth of the company’s products for the competitor price analysis.
3 Conduct extensive market research prior to starting up the business and gathering information.
4 Prepare a detailed business plan to achieve company goals and objectives.
5 Attend workshops, trade shows, and seminars to keep up-to-date on changes in the industry
6 Lead market research/ feasibility studies/ market scan to explore the
potential product categories by investigating the market opportunity and
generating new product ideas
7 Develop New Products Plan to align with Company’s strategy & Plan Explore consumer insights, and the job to be done, and then accomplish the New Product Development requirements
8 Prepare and present to senior management the required new product development feasibility project proposals
9 Develop effective standard operating procedures (SOPs) for handling product complaints, handling retention samples, and handling product recalls.
10 Negotiate pricing and contract clients with potential clients to facilitate deal closing.
11 Identify upselling opportunities in the market and manage contract renegotiation with new clients
12 Propose, screen, and close potential business deals which are in line with FairDeal Co., Ltd.'s long-term growth vision.
13 Evaluate market trends the competitive landscape and advise on FairDeal product gaps.
14 Research and build relationships with new clients.
15 Monitor and analyze data and market conditions to identify competitive advantage
16 Ensure that data is accurately entered and managed within the company’s CRM or other sales management system.