business development manager.

The specific tasks of a business development manager include:

• setting business goals: as a business development manager, you set the goals that a business must achieve to improve growth. You also develop plans and implement them to support the attainment of those goals. You focus on growing the customer base and improving revenue.
• researching new target markets: your primary role is to identify new opportunities for business growth. Therefore, you need to research new markets for the company to explore. You create plans and implement initiatives to generate sales in new target markets.
• identifying new business leads: when you spot a target market for your products or services, you research potential accounts. Your job is to leverage market research and marketing campaigns to generate new leads for the business. You also pursue leads and move them through the sales cycle.
• developing proposals and quotes for prospective clients: you pursue important leads that can generate significant revenue for your employer. This part of your role involves pitching ideas to prospective clients and developing proposals outlining how your company can help them achieve their goals. When a client is interested in your business proposal, you generate quotes and negotiate prices.
• training business development staff: as a business development manager, you train the sales and marketing teams in the best strategies for approaching clients. You also set goals for the business development teams and help colleagues implement strategies to meet company objectives.
• attending conferences and company events: as a business development manager, you stay on top of industry events and upcoming trends. You attend conferences and meetings to keep up with changes in your industry.

As a business development manager, you work in various industries, including manufacturing, construction and retail. Your objective in all business sectors is the same, but your work environment varies. You mainly work indoors in an office setting, attend meetings and research clients. You also meet with clients at their preferred location. Sometimes, you have to work outdoors, for instance, for a game of golf, to attend social events with prospective clients, or to make home visits to discuss proposal details. Travelling to conferences and other industry events is often required.

As a business development manager, your colleagues include sales, marketing and customer relationship managers. You might also be working in close proximity to accountants and lawyers, as well as other specialists that could include HR managers, office managers, operations managers, product managers, finance analysts and finance managers.

As a business development manager, you work between 38 and 40 hours a week. However, the role often extends beyond traditional office hours, as you meet clients at times convenient to them. You may attend events and appointments in the evenings or a work conference over the weekend. While part-time opportunities are available, they are rare. You can accomplish many of your duties without leaving the office, but you meet with clients frequently to build good relationships. Business development managers can work from home or remotely to perform some of their duties.

The job outlook for business development managers is positive. According to upGrad, business development managers in Mumbai earn the highest salaries in India, with an average salary 18% higher than the national median. Working in large cities offers salaries higher than the national average. These include Pune (18% higher), Bangalore (16% higher), New Delhi (8% higher) and Chennai (3% higher). Job availability is also high in India, with an estimated 30K vacancies in 2022 and a further rise in demand predicted over the next five years. The career path for business development managers is promising, and the role can be your first step into executive positions in a company. As a business development manager, your situation is similar to sales and marketing managers. You can progress to other roles like marketing director or regional sales manager. Some business development managers become chief executive officers.

Finding your business development manager job through Randstad provides important advantages, such as:

• a wide variety of training and development opportunities
• an experienced contact person to provide help if needed
• a range of opportunities in your area
• get paid on a monthly basis
• temporary and permanent contracts

Looking for a permanent role? A temporary job as a business development manager is often a stepping stone to an attractive permanent job. Every year, thousands of people earn a permanent contract with great employers, thanks to a temporary job found through Randstad.

A business development manager evaluates the current sales performance of a company and finds ways to help it expand and grow. You study trends and enable companies to explore new markets. 

A business development manager develops strategic partnerships to help the company grow. A sales manager focuses on generating sales and revenue rather than building relationships. 

The entry-level salary is ₹4,50,000 per year. However, with experience, you can earn over ₹15,00,000.

You need a degree in a related business field and extensive work experience in sales or marketing to succeed in the role.

Applying for a business development manager job is easy: create a Randstad profile and search our job offers for vacancies in your area. Then simply send us your CV and cover letter. Need help with your application? Check out all our job search tips here!