Description

Duties of a business development executive may vary, but typically include:

- Attracting new consumers in an effort to sell more products through the use of effective marketing practices.

-Finding other brands and companies to work alongside to reach out to other markets and to establish joint ventures.

-Research other brands and market trends, brainstorming ideas for new products and services.

-Build the brand's reputation with the consumer.

- Work closely with the regional sales managers and the sales teams.

Qualifications for a business development executive typically include a four-year degree in a business-related field and two to four years of work experience in the field. Communication and management skills are also a must for business development executive, as they manage several projects at a time and have specific deadlines. Building strong relationships with clients and consumers is vital.

Roles & Responsibilities

As a Business Development Executive with 0-3 years of experience in Singapore, your main responsibilities include:

  • Identify and research potential clients, industries, and markets to generate leads and opportunities. Conduct market research to identify potential clients and industries, and use this information to generate leads and opportunities for the company.
  • Build and maintain relationships with clients through effective communication and regular follow-ups. Communicate with clients regularly to build and maintain positive relationships, ensuring their needs are met and addressing any concerns or inquiries they may have.
  • Assist in the development and implementation of sales strategies to achieve business growth targets. Collaborate with the sales team to develop and implement effective strategies for achieving sales goals and driving business growth.
  • Prepare and deliver sales presentations, proposals, and contracts to attract new clients and secure business partnerships.

Qualifications & Work Experience

For a Business Development Executive job role, the following qualifications are required:

  • Proven track record in sales and business development, with a strong ability to identify and capitalize on new opportunities.
  • Excellent communication and negotiation skills to engage with potential clients, build relationships, and close deals.
  • Strategic thinking and problem-solving abilities to analyze market trends, develop effective sales strategies, and overcome challenges.
  • Strong networking skills to establish and maintain connections with industry professionals, partners, and stakeholders, facilitating business growth.

Essential Skills For Business Development Executive

1

Sales Technique

2

Client Interaction

3

Business Development

4

Verbal Communication

Skills That Affect Business Development Executive Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Sales Technique

39%

Client Interaction

4%

Business Development

10%

Verbal Communication

3%

Career Prospects

The role of a Business Development Executive is critical in driving growth and expansion for companies. For professionals with 0-3 years of experience in Singapore, here are following alternative roles worth considering:

  • Sales Representative: A position focused on selling products or services, building customer relationships, and meeting sales targets.
  • Marketing Coordinator: A role that involves supporting marketing campaigns, conducting market research, and assisting with promotional activities.
  • Account Manager: An opportunity to manage client accounts, develop business relationships, and ensure customer satisfaction.
  • Market Research Analyst: A position focused on gathering and analyzing data, conducting market research studies, and providing insights to support business strategies.

How to Learn

The job role of Business Development Executive in Singapore is projected to experience significant growth in the market. According to a 10-year analysis, this position is expected to witness a steady increase in demand. With Singapore's focus on expanding businesses and attracting investments, the employment opportunities for Business Development Executives are predicted to rise substantially. Google data indicates a positive trend in job openings for this role, suggesting a promising future for professionals seeking to pursue a career in business development in Singapore.