The priÂmaÂry role of the ManÂagÂer of BusiÂness DevelÂopÂment is to prospect for new clients by netÂworkÂing, cold callÂing, adverÂtisÂing or othÂer means of genÂerÂatÂing interÂest from potenÂtial clients. They must then plan perÂsuaÂsive approachÂes and pitchÂes that will conÂvince potenÂtial clients to do busiÂness with the comÂpaÂny. They must develÂop a rapÂport with new clients, and set tarÂgets for sales and proÂvide supÂport that will conÂtinÂuÂalÂly improve the relaÂtionÂship. They are also required to grow and retain existÂing accounts by preÂsentÂing new soluÂtions and serÂvices to clients. BusiÂness DevelÂopÂment ManÂagers work with mid and senior levÂel manÂageÂment, marÂketÂing, and techÂniÂcal staff. He/she may manÂage the activÂiÂties of othÂers responÂsiÂble for develÂopÂing busiÂness for the comÂpaÂny. StrateÂgic planÂning is a key part of this job descripÂtion, since it is the busiÂness manager’s responÂsiÂbilÂiÂty to develÂop the pipeline of new busiÂness comÂing in to the company.
The Role of the Manager of Business Development
A BusiÂness DevelÂopÂment ManÂagÂer works to improve an organization’s marÂket posiÂtion and achieve finanÂcial growth. This perÂson defines long-term orgaÂniÂzaÂtionÂal strateÂgic goals, builds key cusÂtomer relaÂtionÂships, idenÂtiÂfies busiÂness opporÂtuÂniÂties, negoÂtiÂates and closÂes busiÂness deals and mainÂtains extenÂsive knowlÂedge of curÂrent marÂket conÂdiÂtions. BusiÂness DevelÂopÂment ManÂagers work in a senior sales posiÂtion withÂin the comÂpaÂny. It is their job to work with the interÂnal team, marÂketÂing staff, and othÂer manÂagers to increase sales opporÂtuÂniÂties and thereÂby maxÂiÂmize revÂenue for their orgaÂniÂzaÂtion. To achieve this, they need to find potenÂtial new cusÂtomers, present to them, ultiÂmateÂly conÂvert them into clients, and conÂtinÂue to grow busiÂness in the future. ManÂagÂer of BusiÂness DevelÂopÂment will also help manÂage existÂing clients and ensure they stay satÂisÂfied and posÂiÂtive. They call on clients, often being required to make preÂsenÂtaÂtions on soluÂtions and serÂvices that meet or preÂdict their clients’ future needs.