Business Development Executive
2 months ago
**OVERVIEW**
Job Title**: Business Development Executive**
Direct Reporting Relationships**:Senior Management**
Department**:Business Development**
Location**:Jeddah**
**Role Purpose**
Responsible for revenue targets set for Business Development (BD), profitability, controlling and reporting. Continuously build “Insights” brand in the market.
**KEY ACCOUNTABILITIES & ACTIVITIES**
**Key Accountabilities**
Strategic Development
- Building and developing a Business Strategy Plan to Increase the market share, New Product line Revenue, Increase share of wallet and Territorial expansion.
- Strategic planning to Improve Clients results
Develop a good understanding of the offered services (product knowledge)
Key Accounts Management
- Developing a complete understanding of key account needs
- Developing a solid and trusting relationship between major key clients and company
- Responsible for building clients’ portfolio for recurring business opportunities
- Improve organization reputation in the market by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments
- Responsible for clearance of receivables pertaining to won clients
Opportunity Assessment
- Identify C-level decision makers at targeted clients and approach them as per Business Plan
- Identify the targeted segment for Insights services and evaluate them as per their expected potential
- Identification of business opportunities by searching relevant industries, market databases & other sources of information and locate business deals from potential clients
Execution to Achieve Set Revenue Targets
- Prepare a Daily field plan by considering Insights’ services segments and Saudi Arabia’s market and targeted clients and achieve minimum daily visits as per SOPs
- Continually develop “Insights” brand and build increasing awareness in the marketplace
- Close new business deals by coordinating requirements; developing and negotiating proposals
- Maintain a good understanding of client business segment and of solutions proposed by the competition
Reporting
- Regularly share daily, weekly and monthly reports related with BD activities containing revenue target achieved, mature business deals, new leads, high value prospects and follow ups
Team
- Should be a good team player in order to achieve set targets and goals
- Self-motivated and enthusiastic individual
**JOB SPECIFICATIONS**
- Ability to meet revenue targets and assigned tasks
- Aptitude in networking and building relationships
- Ability to prioritize and meet critical deadlines
- Strong communication and inter personnel skills for interacting with C-level executives of clients
Fluent in English and Arabic (is a plus)
**Education / Certifications**
Bachelor degree in Business Administration, sales or relevant field. MBA is preferable
**Experience**
Four to five year’s previous work experience in Business Development, Key account management, and B2B Sales on a supervisor level preferably in a “SERVICES OFFERING COMPANY”.
**Package**
Handsome Salary with attractive commission as per the company policy
**Job Types**: Full-time, Permanent
**Experience**:
- Business Developments: 4 years (required)
**Location**:
- Jeddah (required)
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