Business Development Manager
Business Development Manager17
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About the Job
Skills
BDM Job Roles & Responsibilities:
1. Market Analysis:
Conduct thorough market research to identify potential opportunities, trends, and competitor activities.
Analyze market data to develop strategies for business growth.
2. Lead Generation and Prospecting:
Develop and implement effective lead generation strategies to identify potential clients, investors, and partners.
Prospect and build relationships with key stakeholders in the real estate industry.
3. Client Acquisition:
Identify and target potential clients and investors for real estate projects.
Develop and execute client acquisition plans to secure new business opportunities.
4. Relationship Building:
Establish and nurture strong relationships with clients, real estate developers, investors, and industry influencers.
Act as a primary point of contact for client inquiries and needs.
5. Sales Strategy Development:
Develop and implement strategic sales plans to achieve business development goals.
Collaborate with sales teams to ensure alignment with overall business objectives.
6. Collaborative Selling:
Work closely with real estate agents and brokers to facilitate collaborative selling efforts.
Coordinate with internal teams to provide comprehensive solutions to clients.
7. Networking:
Attend industry events, conferences, and networking functions to expand professional contacts and business opportunities.
Represent the company positively to potential clients and partners.
8. Proposal and Presentation Development:
Prepare and deliver compelling presentations and proposals to potential clients and investors.
Customize proposals based on client needs and market conditions.
9. Contract Negotiation:
Lead negotiations for real estate transactions, ensuring favorable terms for the company.
Collaborate with legal teams to review and finalize contracts.
10. Market Expansion:
- Identify new markets and regions for potential business expansion.
- Develop and implement strategies to penetrate new markets and increase market share.
11. Revenue Generation:
- Meet or exceed revenue targets through effective business development initiatives.
- Continuously explore new revenue streams and opportunities within the real estate sector.
12. Reporting and Analysis:
- Prepare regular reports on business development activities, key performance indicators, and market trends.
- Analyze data to identify areas for improvement and strategic adjustments.
13. Client Retention:
- Implement strategies to enhance client satisfaction, encourage repeat business, and foster long-term client relationships.
- Address client concerns promptly and effectively.
14. Training and Development:
- Provide training to sales and business development teams on effective strategies and best practices.
- Ensure the team is knowledgeable about market trends and the competitive landscape.
15. Partnership Development:
- Identify and pursue strategic partnerships with other businesses, real estate developers, and industry stakeholders.
- Negotiate and structure partnership agreements to mutual benefit.
16. Customer Feedback Analysis:
- Collect and analyze customer feedback through surveys, reviews, and other channels.
- Use feedback to identify areas for improvement and enhance the customer experience.
17. CRM Utilization:
- Utilize Customer Relationship Management (CRM) tools to manage and track business development activities.
- Ensure accurate and up-to-date information in the CRM system.
About the company
Industry
Real Estate
Company Size
51-200 Employees
Headquarter
Bangalore, Karnataka
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