The role of a Business Development Manager is to steer the direction of a company and its business opportunities and strategy. Objectives for business development managers might include expansion, obtaining new business, branding and exploring new opportunities. The role cam prove lucrative, provided you can demonstrate a flair for encouraging new business accounts. Seniority will vary by company.
Learn more about Business Development Manager jobs in the guide below.
What are the job responsibilities as a Business Development Manager?
The day-to-day duties of a Business Development Manager can include the following tasks:
- Forging new business relationships and developing existing ones
- Overseeing the administration of accounts and business data research
- Working in close conjunction with call centre staff to analyse sales figures
- Carrying out market research and offering feedback on trends and developments
- Meeting clients to promote the business
- Analysing company PR and social networking strategy
- Performing a leading role in new product development
- Offering final approval to specific sales and marketing decisions
What skills do I need as a Business Development Manager?
The skills best suited to Business Development Manager jobs include:
- Negotiation skills
- Strong leadership skills
- Problem solving skills
- Creativity skills
- Good business acumen
- Financial management skills
- Project management skills
- Good level of English
- Organisation skills
- Excellent communication skills
- Great interpersonal skills
- The ability to network
What experience do I need to become a Business Development Manager?
To become a Business Development Manager, you should have plenty of experience within sales and/or customer service, and ideally project management. If you are looking to work in a specific industry, you will likely need a solid grasp of this area to advance in your role. With experience, you could progress to a Senior Development Manager, Business Development Executive or a Director.
What are the working conditions for a Business Development Manager?
Typically, the role of a Business Development Manager will be 9-5, Monday-Friday, although this job role can sometimes involve occasional travel to exploit business opportunities, which may include unsociable hours and weekends – particularly if international development is a key part of the business. It does vary depending on the organisation, and you might find yourself out of the office alot more than being at your desk. Most employers will demand a full clean driving license as a condition of your employment.
What is the average salary for a Business Development Manager?
According to our latest Simply Sales Jobs data from 2019, the average salary for Business Development Manager is £39,769.40. This figure also increased from 2018 by 11.08%, suggesting the rise in demand for talented individuals for this role.
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