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 in Singapore with 3-6 years of experience, your main responsibilities are:

  • Generating and qualifying leads, making sales calls and assessing client needs to close deals.
  • Building and maintaining long-term relationships with clients, providing excellent customer service, and identifying upselling and cross-selling opportunities.
  • Conducting market research and analyzing industry trends to develop targeted marketing strategies, improve sales performance, and identify potential new markets.
  • Developing and delivering effective presentations, proposals, and pitches to potential clients and stakeholders in order to negotiate contracts and close deals.

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

Business Development

3

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

67%

Business Development

2%

Verbal Communication

1%

Career Prospects

The role of Business Development Executive is vital in driving growth and expanding business opportunities. With 3-6 years of experience in Singapore's dynamic market, professionals can explore alternative roles that leverage their skills and expertise. Here are following alternative roles worth considering:

  • Sales Manager: A leadership position that involves overseeing a team of sales representatives, developing sales strategies, and driving revenue growth.
  • Marketing Manager: A role focused on developing and executing marketing campaigns, conducting market research, and driving brand awareness.
  • Account Manager: A position that involves building and maintaining relationships with key clients, identifying their needs, and providing solutions to meet their business objectives.
  • Product Manager: A role centered around managing the lifecycle of a product, conducting market analysis, developing product strategies, and driving product innovation.

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.