Business Development Manager are responsible for obtaining new clients by networking, cold calling, advertising and any other means of generating interest from potential clients. They must learn how to find, engage and convince prospects to consider and purchase products and/or services from their companies.
In New York the highest paying entry level Business Development manager jobs are in the following industries:
With only 0 – 1 years’ experience New York based Business Development Manager can expect the following starting salaries*:
- Biotech and Pharmaceutical $86,577
- Accounting and Legal: $85,165
- Manufacturing $81,365
- Architecture and Civil Engineering $79,438
- Computer Software $77,913
*Courtesy of Glassdoor
College graduates with majors in relevant coursework in the above industries who are interested in business development manager jobs should consider reviewing the job listings below.
Business Development Managers build relationships and work with mid and senior level management, marketing, and technical staff. They usually manage the activities of others responsible for developing business for the company. A key part of this job description includes Strategic planning since it is the business manager’s responsibility to develop the pipeline of new business coming in to the company.
The Business Development Manager’s Role in the Organization
The lifeblood of any organization is the sales, revenue and business development efforts. The manager of business development is a key driver and contributor to improve an organization’s market position to help the company achieve financial growth. This person defines long-term organizational strategic goals, builds key customer relationships, identifies business opportunities, negotiates and closes business deals and maintains extensive knowledge of current market conditions.
As the senior sales position within a company it is their job to coordinate the internal teams which include the marketing staff as well as other managers to increase sales opportunities and thereby maximize revenue for their organization. To achieve this, they need to find potential new customers and ultimately convert them into clients as well as to continue to grow business in the future. The Manager of Business Development will also help manage existing clients and ensure they stay satisfied and positive. They call on clients, often being required to make presentations regarding solutions and services that meet or predict their clients’ future needs.