Business Development Executive
Identify, develop and secure business opportunities to drive company growth.
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Typical monthly salary
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Job opportunities
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Jobs in Jobstreet right now
Salary
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Typical monthly salary
Job growth
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In the last year
Job satisfaction
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On this page
- What's it like to be a Business Development Executive?
- How to become a Business Development Executive
- Latest Business Development Executive jobs
- Top skills and experience for Business Development Executives
- Business Development Executive role reviews
What's it like to be a Business Development Executive?
Business Development Executives help to grow businesses by identifying new market opportunities and driving business relationships. Their main tasks often include conducting market research, nurturing business relationships, strategising business initiatives, and collaborating with sales and marketing departments. They work across a wide range of industries, including technology, pharmaceuticals, retail, and financial sectors.
Tasks and duties
- Identifying potential new markets and new customers to increase business opportunities.
- Developing and executing long-term strategic plans and shorter tactical plans to achieve business goals.
- Generating leads and turning them into opportunities for sales.
- Negotiating with stakeholders and executives to close sales deals.
- Building and maintaining relationships with clients and key personnel within customer companies.
- Tracking sales goals and reporting results to management.
- Understanding the market and keeping up-to-date with industry news and competition.
How to become a Business Development Executive
Diplomas are accepted for this role, although bachelor's degrees are preferred. Relationship building, negotiation and sales skills are advantageous.
- Consider getting a bachelor's degree in marketing, business development, management or another related degree.
- Gain experience through an internship, freelance work and entry-level jobs in sales or marketing.
- Continue to develop a strong business network and knowledge of the latest trends.
- Consider acquiring a postgraduate degree such as a Master of Business Administration (MBA).
Compare your salary
Find out how your salary compares with the average salary for Business Development Executives.
Latest Business Development Executive jobs on Jobstreet
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Business Development Executive employers on Jobstreet are looking for job seekers with expertise in the following areas.
Source: Jobstreet job ads and Jobstreet Profile data
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Latest Business Development Executive reviews
Jun 2023
Good
Reviewer's Qualification
Bachelor of Engineering
Experience
Less than a year
Organisation size
Small (1-19 employees)
Specialisation
Manufacturing, Transport & Logistics
The good things
Sales job is challenging as always need to attend differ customer need and ontime response but it will give a preparation as in time and task management
The challenges
It can be challenging to lose a client if you can handle the chemistry
Read more
Nov 2022
Very challengging and fun to explore
Reviewer's Qualification
Bachelor of Business Administration
Experience
Less than a year
Organisation size
Large (200+ employees)
Specialisation
Manufacturing, Transport & Logistics
The good things
Engagement with top management and variety of people. Improve soft skill.
The challenges
Different from previous job and laise with top management to make decision making.
Read more
Source: Jobstreet role reviews
Jobstreet has not verified the truth or accuracy of these comments and does not adopt or endorse any of the comments posted on this page.Jobstreet collects and posts the comments for what they are worth and for information purposes only to assist candidates to find employment through my.jobstreet.com
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