Head of Business Development

The Head of Business Development is responsible for developing and implementing strategic initiatives to drive business growth and expansion. They identify new market opportunities, build relationships with potential clients and partners, and negotiate business deals. The Head of Business Development also oversees the sales team, sets sales targets, and ensures the achievement of revenue goals. They analyze market trends, competitor strategies, and customer needs to develop effective business development strategies.

Responsibilities

• Identify and pursue new business opportunities to expand the company's market reach.
• Develop and implement business development strategies to achieve revenue and growth targets.
• Build and maintain relationships with potential clients, partners, and key stakeholders.
• Lead and supervise the sales team, setting sales targets and providing guidance and support.
• Conduct market research and analysis to identify customer needs, preferences, and market trends.
• Collaborate with product development and marketing teams to align business strategies with product offerings.
• Prepare and deliver sales presentations, proposals, and pitches to potential clients.
• Negotiate and close business deals, ensuring favorable terms and conditions.
• Monitor market competition and recommend necessary adjustments to business development strategies.
• Stay updated on industry trends, market dynamics, and competitor activities.