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Especially for Engineering/Construction Firms?
thanks a lot for ur invite wait engineering answers
A business development professional has three primary responsibilities:
When it comes to generating leads, day-to-day duties typically include:
When it comes to the challenge of actually selling, other typical duties include:
To keep healthy relationships with clients, this mostly requires socialisation. So from simple chats on the phone to lunches and events or conferences business development managers must be sure to keep their customers happy. Of course, as with all office jobs, documentation is also a big part of the work. Business development professionals are also obligated to write reports and provide feedback to upper management about what is and is not working.
i apologize for the answer and thanks
A Business Development Manager works to improve an organization’s market position and 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. Business Development Managers work in a senior sales position within the company. It is their job to work with the internal team, marketing staff, and other managers to increase sales opportunities and thereby maximize revenue for their organization. To achieve this, they need to find potential new customers, present to them, ultimately convert them into clients, and continue to grow business in the future. Business Development Managers will also help manage existing clients and ensure they stay satisfied and positive. They call on clients, often being required to make presentations on solutions and services that meet or predict their clients’ future needs.
Job DescriptionThe primary role of the Business Development Manager is to prospect for new clients by networking, cold calling, advertising or other means of generating interest from potential clients. They must then plan persuasive approaches and pitches that will convince potential clients to do business with the company. They must develop a rapport with new clients, and set targets for sales and provide support that will continually improve the relationship. They are also required to grow and retain existing accounts by presenting new solutions and services to clients. Business Development Managers work with mid and senior level management, marketing, and technical staff. He/she may manage the activities of others responsible for developing business for the company. Strategic planning is a key part of this job description, since it is the business manager’s responsibility to develop the pipeline of new business coming in to the company. This requires a thorough knowledge of the market, the solutions/services the company can provide, and of the company’s competitors. While the exact responsibilities will vary from company to company, the main duties of the Business Development Manager can be summarized as follows:
Thanks for invitation,
for instance:
Agree with expert answer>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Business development is all about sales and strategic marketing activities that supports sales. So, even for an engineering / construction company, the position will still have the same scope. The responsibilities can be summarized in the following points:
1. Conduct market research on the company's products/ services
2. Conduct competition analysis and keep it updated
3. Increase the volume of business from the current accounts
4. Bring new clients to the company
5. Build relationship with clients
6. Form strategic alliances with third parties to bring referrals
7. Achieve a specific monthly / quarterly / annual quota
8. Enhance the company's brand and reputation through both online and offline activities
9. Work closely with the other departments to ensure the your clients are being served well
10. Make weekly / monthly performance reports as required from management.
A Business Development Manager works to improve an organization’s market position and 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. Business Development Managers work in a senior sales position within the company. It is their job to work with the internal team, marketing staff, and other managers to increase sales opportunities and thereby maximize revenue for their organization. To achieve this, they need to find potential new customers, present to them, ultimately convert them into clients, and continue to grow business in the future. Business Development Managers will also help manage existing clients and ensure they stay satisfied and positive. They call on clients, often being required to make presentations on solutions and services that meet or predict their clients’ future needs
agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
In addition to the answers I would like to add:
1. To develop business activities
2. To create new market and customers
3. To facilitate processes
4. To be a middle point !
Thank You