Manager - Business Development
2 weeks ago
Manager - Business Development
Posted on: 27 February 2025
Department: Business Development
Experience required: 3 - 15 years
House of Shipping provides business consultancy and advisory services for Shipping & Logistics companies. House of Shipping's commitment to their customers begins with developing an understanding of their business fundamentals.
Currently, House of Shipping is recruiting for BDM for a Leading global freight forwarding company in both Jeddah/Riyadh location. In Riyadh, the job will be Remote.
Job Purpose:
The Business Development Manager (BDM) is responsible for promoting and selling its services within their respective market, focusing on new business opportunities with both small/medium-sized enterprises (SME) and large-sized customers. The role is self-driven and profit-oriented, with the aim of consistently generating new revenue and gross profit to meet monthly and annual targets. Additionally, the BDM will play a key role in supporting trade lane development and coordinating with other its branches for joint sales efforts. The BDM will also work to raise awareness of its services as a reputable and reliable service provider in the marketplace.
Key Responsibilities:
- Actively promote and sell its services to new customers, targeting SME and large businesses across the region of operation.
- Continuously secure new business opportunities to meet and exceed monthly/annual revenue and gross profit targets.
- Generate leads, pursue potential clients, and register opportunities in the CRM system.
- Ensure customer data and sales visits are accurately recorded in the ERP-based CRM.
- Maintain and develop relationships with new and existing customers by regularly visiting accounts and validating service levels.
- Provide timely and professional follow-up to customer communications, enhancing value-added services.
- Negotiate with customers, ensuring adherence to company pricing guidelines while maximizing profits.
- Support the development of strategic trade lanes by identifying key trade opportunities and increasing traffic on these lanes.
- Work with internal trade lane teams to promote its offerings in specific lanes to both new and existing customers.
- Develop and execute strategies to grow market share and profitability in key trade lanes.
Market Representation & Promotion:
- Represent it in the marketplace by actively promoting the brand to customers, vendors, and industry stakeholders.
- Raise awareness of its services as a reputable and reliable provider, establishing a strong presence in the market.
- Promote core trade lines and consolidation products to both existing and potential customers, with the goal of increasing profitability.
Collaboration and coordination with WeFreight Branches:
- Collaborate with other branches to align on trade lane strategies and support global opportunities.
- Conduct joint sales calls with colleagues from other branches, ensuring a coordinated approach to large customers and cross-border opportunities.
- Actively share and identify business opportunities across the network, enhancing the overall company performance.
Strategic Planning & Market Analysis:
- Identify and map market opportunities, designing and implementing strategic approaches to capture new business.
- Participate in weekly/monthly sales meetings, sharing insights on market trends and customer needs.
- Gather market intelligence to help develop broader market strategies, contributing to the company's overall growth.
Operational Collaboration:
- Work closely with the Operations and Customer Service departments to ensure the successful execution of customer SOPs.
- Support the operations team in delivering quality service to meet customer expectations and business objectives.
Financial and Administrative Support:
- Collaborate with the receivables team to follow up on outstanding customer payments.
- Provide feedback from customers to management regarding its products and services, ensuring continuous improvement.
Key Performance Indicators (KPIs):
- Achievement of monthly/annual sales and gross profit targets.
- Number of new customers acquired, and new revenue streams developed.
- Growth and development of key trade lanes.
- Level of customer satisfaction and retention.
- Coordination and success in joint sales efforts with other WeFreight branches.
- Timeliness and accuracy in CRM data input and reporting.
- Conversion rate of sales visits to revenue-generating business.
Key interactions (Internal | External)
External: Customers | Trade summits |
Internal: Sales & BD | Finance | HR | Operations | Management | Other Branch offices
Education requirements: Bachelor's degree in business, Sales, Marketing, or a related field.
Competencies and skills:
- Minimum 3-5 years of experience in sales or business development, preferably in the freight forwarding or logistics industry.
- Proven track record of achieving sales targets and generating revenue.
- Strong understanding of the market and its business dynamics.
- Experience in trade lane development and working within a global network.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work independently with a self-motivated and disciplined approach.
- Proficiency in using CRM and ERP systems for tracking sales and customer information.
- Strong strategic thinking and market analysis skills.
- Experience in coordinating across branches or regions to drive business growth.
Core Competencies:
- Customer-focused and results-driven.
- Commercially minded with a strong drive for profit generation.
- Strong ability to promote and sell products and services effectively.
- Ability to build and maintain relationships with key stakeholders.
- Collaborative team player with cross-departmental and cross-regional coordination skills.
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