Business Development Executive Duties and Responsibilities
To achieve their goal of expanding their employer’s business, Business Development Executives perform a variety of duties and responsibilities.
Conduct Market Research
Business Development Executives work with the marketing team to conduct a detailed market analysis before they expand into a territory or take on new business. This research can be on different businesses or different demographics depending on the employer. They use spreadsheets at an advanced level to analyze data and feel comfortable presenting their findings in written formats or verbally to senior decision-makers.
Maintain Relationships With Current Clients
While Business Development Executives focus mostly on growing the business through new client acquisition, they must maintain good relationships with current clients to be in that position. This involves using customer service and interpersonal skills to identify and meet client needs.
Create Product and Service Presentations
Business Development Executives typically put together high-priced deals, so the slides and other sales materials they use for their presentations are vital. They are responsible for using tools like PowerPoint, Photoshop and Illustrator to create these presentations.
Contact Leads to Set up Meetings
Business Development Executives spend a fair amount of time using their market research to prospect for leads. This can include good old-fashioned phone calls, as well as crafting emails for drip campaigns.
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