Business development executive bridges connections with clients for company’s strategical growth & revenue. This article covers Business development executive salary, Job description, roles and responsibilities.
Business development executive is one of the most critical roles for any organization. This role demands high communication skills and strategical thinking in order to build business proposals, client connections for business development.
What is Business Development Executive
Any Business structure of a company will have a segment or department for Business development for company’s growth and sustainable development. This is a strategic department with high ability in building client business connections and customer trust relationships.
Business development executives are integral part of the company as they are tightly coupled with company’s existing and new business area.
Roles and Responsibilities of Business Development
- This role demands rich experience in sales and marketing with outstanding resourceful skills
- It plays major roles in keeping customer commitments and trust factor.
- They are required to be strong headed and technically strong on what are the various products and solutions which company offers to do the demos and marketing.
- One should have high networking skills in order to build and maintain customer and client relationships
- They should be strong headed with strategic mind set
Business Development Executive Job description
Many companies build employee Job Description focus on required skill set which may not attract the user to apply for the job. Hence it is important the JD should be effective and covers all aspects of the role and its responsibilities. The JD must cover the required technical and interpersonal skills along with good to have skills.
The good JD should cover following sections
- Job Title/Designation
- Role Purpose
- Working Relationships
- Required Technical Skills
- Additional Interpersonal Skills
- Good to have skills
Job Description Template
< Business Development Executive>
<Sales and Marketing>
<Company Name> looking for an enthusiastic business development executive with strategic orientation to significantly contributing for revenue and growth. This role is to build business proposals with clients and encourage more new leads to grow further. They are solely responsible in client retention and expansion of new business area.
Highly self-motivated executive with effective communication skills and strong decision-making skills.
- Build the company business proposals for significant contribution to business growth
- Build the client base and potential business leads
Maintain the existing client business proposals and delivery tracking
- Client Retention and building business leads
- Work on monthly sales and business KPIs
- Up keeping of the market strategies as per demands
- Should attend the networking trainings/events to build new connections
- Stakeholders & Working Relationships:
- Work closely with clients and other stakeholders
- Flexible enough to travel onshore and offshore
- Work effectively with sales, marketing and strategy teams.
- Minimum 10 years of experience in sales & marketing
- 5 years of experience in business development department
- Minimum of a master’s degree qualification in management, finance or related domain from reputed institute.
- Any relevant certifications in business development
- Well versed in building business proposals and building approvals
- Hands-on experience in sales and marketing management
- Strong product knowledge
- Rich experience on client base management and retention
- Strong experience in providing trainings and pitch in the demos
Required Interpersonal Skills
- Effective Communication
- strategic thinking
- Networking skills
- Resilient and flexible
- High Organization skills
- Solution oriented thinking
- Strong decision making
- Good grooming and attractive personality
Business Development Executive as career
Career in business development high demand jobs and it needs altogether different mindset and personality. There are various jobs under this segment as follows.
- Regional Sales managers
- Area sales executives
- Relationship officer
- Business Analyst
- Marketing Officer
Business development executive Jobs and Employment Opportunities
This job is one of the most required segments in any sort of company as mentioned in the start. Hence the job opportunities are very wide in various type of leading business organizations. Following are some of the companies where these jobs more popular.
- IT sector
- Food Processing
- Oil gas on shore and offshore companies
- Export and import
- Any product-based companies
Business Development executive Salary or Pay scale range:
Below are approximate salary range or pay scales for various jobs under this category in any good, reputed organization.
|Role||Designation||Job Level||Pay Scale up to (INR)|
|Business Development executive||Sales Consultant||C||640000 Lakhs|
|Senior Sales Consultant||D||11,00,000 lakhs|
|Area sales executive||E||25,00,000 lakhs|
|Regional sales manager||F||33,00,000 lakhs|
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