Jagpreet
11 January, 2022
Table of Contents
A business development executive is a valuable addition to any company. A skilled BDE can bring in new business and boost a company’s prospects. A BDE’s main responsibility is to generate leads for companies in e-commerce, retail, pharma, FMCG, electronics, clothes and fashion, cosmetics, furniture, aerospace, manufacturing, chemicals, and other fields. You will be able to meet your business goals on time if you engage a motivated BDE who is professional in their approach to work. Following proper recruiting practices is the key to selecting the perfect BDE for your firm. Only experts with the proper talents, behavioral qualities, and subject expertise will enter your workforce if you have a competitive recruitment strategy in place.
In most cases, a Business Development Executive performs the same duties as a Sales Executive or an Account Executive. In the end, this person is in charge of selling a product or service directly to clients. These customers could be other businesses (B2B sales) or individual customers (Business-to-Consumer, or B2C sales).
Also Read: Business Development Manager: Everything You Need to Know
EXAMPLE: Business Development Executives are employed by a digital marketing business to find and contact potential organizations that might be interested in purchasing digital marketing services. The BDEs will conduct research on firms, analyze their present digital marketing activities, and build relationships with them (most likely via phone and email), recommending ways in which the agency may assist them in improving their digital marketing efforts. They’ll then keep solid working connections with clients, offering them add-ons and enhancements whenever available, and continually looking for methods to add value and grow the company!
Also Read: Top 10 Online MBA Degree Colleges in India For BDE & BDM
To work in Business Development, you must be an excellent communicator, as previously said. Previous sales or customer service experience is a wonderful method to show that you have this talent as well as a customer-centric mentality. A business degree can also help because it demonstrates that you understand corporate goals and settings.
When it comes to advancement, it’s normal for a BDE to be promoted to a BDM (Business Development Manager). Taking on additional responsibility for the planning and development of the company’s growth strategy is likely if you move into this position. You can also expect to be in charge of evaluating the effectiveness of the business development team and managing more junior employees.
Source: AmbitionBox
While positions may have various titles and be located in slightly different departments, many of the same tasks apply to them. Anyone embarking on a job hunt should be aware that roles sometimes overlap, so read job descriptions carefully and perform your own study into specific positions to see if they’d be a good fit for you. Here are some job titles with responsibilities that are typically quite similar to those of a Business Development Executive to give you an idea of the range available…
If you like what you see and think Business Development would be a good fit for you, take a look at our Current Vacancies on our website
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