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Business Development Manager

£35,000 to £70,000

Cambridge, UK

Salary

Location

Full Time

Job Type

Permanent

Workplace

Job Description

Business Development Manager (UK)


Salary:

£35,000 to £70,000 + uncapped commission


Position Overview:

The Business Development Manager plays a pivotal role in driving growth and revenue for the organisation by identifying new business opportunities, developing strategic partnerships, and expanding the company's client base. This role involves a combination of market analysis, relationship-building, and strategic planning to achieve business objectives.


Key Responsibilities:
  • Market Analysis and Strategy:

Conduct market research to identify trends, potential clients, and competitive landscape. Develop and implement effective business development strategies to capitalise on opportunities.

  • Lead Generation and Prospecting:

Identify and target potential clients through research, networking, and lead generation activities. Build and maintain a robust pipeline of potential business opportunities.

  • Client Relationship Management:

Cultivate and maintain strong relationships with existing clients to drive repeat business and referrals. Engage in consultative selling by understanding client needs and offering tailored solutions.

  • Partnership Development:

Identify and establish strategic partnerships and collaborations to enhance business growth. Negotiate and finalise partnership agreements that align with company objectives.

  • Sales Presentations and Proposals:

Prepare compelling sales presentations and proposals to showcase the company's value proposition. Address client needs and objectives through customised solutions.

  • Negotiation and Deal Closure:

Lead negotiations with potential clients and partners to secure new business contracts. Collaborate with legal and finance teams to finalise agreements.

  • Sales Reporting and Analysis:

Track sales metrics, analyse performance data, and provide insights to inform business development strategies. Continuously refine approaches based on data-driven feedback.

  • Networking and Industry Engagement:

Attend industry events, conferences, and networking opportunities to expand professional connections. Stay informed about industry trends, regulations, and emerging market shifts.

Qualifications and Experience:
  • Bachelor's degree in Business, Marketing, or a related field (Master's degree preferred).

  • Proven experience in business development, sales, or a related role.

  • Strong understanding of business development strategies, sales techniques, and negotiation tactics.

  • Excellent communication, interpersonal, and presentation skills.




Salary:

£35,000 to £70,000 or more, depending on the aforementioned factors.

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