
Business Development

Business Development1
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About the Job
Skills
Company Overview
Margadarsi Chit Fund Private Limited, a part of the esteemed Ramoji Rao Group, is a pioneer in the financial services sector with a strong focus on customer satisfaction. With 62 years of excellence, the company offers a range of financial solutions across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, operating out of 121 branches. Headquartered in Hyderabad, Margadarsi Chit Fund is recognized for its dedication to service and efficient financial management, supported by a workforce of over 1,000 employees.
Job Overview
This Business Development position is based in Miryalaguda and is a full-time role with a Degree (B.Com, BBA, B.SC). The successful candidate will be responsible for expanding the company's market presence, fostering customer relationships, and driving sales growth. The role demands strong business acumen and the ability to implement effective business strategies while ensuring alignment with company goals.
Qualifications and Skills
- Proven capability in business development practices with a track record of results. Understanding market dynamics and strategies is critical. (Mandatory skill)
- Proficiency in marketing skills to develop engagement strategies that align with company objectives and enhance market visibility. (Mandatory skill)
- Experience in customer relationship management to ensure customer satisfaction and loyalty. Ability to handle CRM tools efficiently. (Mandatory skill)
- Excellent communication skills, both verbal and written. Capable of conveying ideas effectively to stakeholders at all levels within the organization, ensuring clear, concise, and professional exchanges in both internal and external communications.
- Strong negotiation skills to close deals effectively and maintain beneficial relationships with clients and partners.
- Problem-solving aptitude that enables identifying challenges swiftly and implementing optimal solutions to improve business operations.
- Experience in debt collection to manage and recover outstanding balances, ensuring compliance with relevant regulations.
Roles and Responsibilities
- By conducting market research, identify and capitalize on new business opportunities to expand the company's reach and customer base.
- Develop and implement strategic plans that align with the company’s growth objectives. Tailor plans based on regional market demands.
- Build and maintain robust relationships with existing and potential clients to support the company’s customer-centric approach.
- Collaborate with marketing teams to design and execute promotional campaigns that drive brand awareness and customer engagement.
- Analyze financial reports and operational data to guide decision-making processes and improve profitability.
- Monitor competitor activities and industry trends to adapt business strategies accordingly, ensuring a competitive edge in the market.
- Prepare and present reports to senior management on business development activities, sales forecasts, and performance metrics.
About the company
Industry
Financial Services
Company Size
1,001-5,000 Employees
Headquarter
Hyderabad
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