A Business Developer works to grow a company’s profits through attracting new customers and by increasing the spend of existing customers. Business development involves all tasks and processes concerning both the analytical preparation, monitoring and support of growth opportunities. Market development involves selling more of your service or product to repeat customers. 4. Professional expertise – An advertising company should acquire professional expertise in advertising matters and all aspects of marketing as well.
This requires business development and legal counsel to assess the business opportunity versus the business risk and explain the trade-offs to management. Almost daily, I run into the misconception that the function of sales and business development are interchangeable, from co-workers to industry peers.
Those companies that align their model,infrastructure and strategy in place hit the market sweet spot. Capitalizing on my success at example global corporation and OO&L Network Systems, I am seeking a professional opportunity to leverage my exceptional sales record and proven account management skills to benefit your company as well as your clients.
They must then plan persuasive approaches and pitches that will convince potential clients to do business with the company. You should have a strategy for how to deal with potential clients who have been contacted, but are not interested at this time. If a company is seeking to expand and grow in other ways, business development opportunities may be the best solution.
So, company cars are a standard bonus amongst business development executives, and business trips around the country or even around the world are an occasional necessity for many businesses. They have to be able to set goals, plan and manage projects, manage the risks involved, calculate budgets, cost, time and teams working on ongoing projects.