A business development manager plays many different roles related to helping a business grow. One main duty of a business development manager is achieving revenue goals. An individual in this position must actively identify and generate prospects using strategies geared towards customers in their target markets. Maintaining good working relationships with current clients is key as well. This helps to increase client retention and to promote new sales and connections through referrals and references. Along those same lines, a business development manager must also find and develop new and existing referral sources from which successful referential relationships can be gained. A typical day in the life of a business development manager may include meeting with different company teams and establishing goals and strategies, meeting with clients to discuss business relationships, developing proposals for new strategies, etc. Business development managers are hired in almost any and every type of industry.
Business Development Manager Tasks
Identify and develop new and existing referral sources to develop successful referring relationships.
Actively identify and generate prospects through strategic sales strategies focusing on customers in target markets.
Achieve revenue goals.
Maintain good working relationships with existing clients previously to enhance client retention and new sales through referrals and references.