Business Development Manager (BDM)

Capitalnine Services Private Limited is a trusted Corporate Direct Sales Associate (DSA) partnering with leading Banks and NBFCs across India

A Business Development Manager (BDM) focuses on driving revenue growth by identifying new business opportunities, building client relationships, and developing strategic plans for market expansion. Key responsibilities include conducting market research to uncover opportunities, generating leads, nurturing client and partner relationships, creating business proposals, negotiating deals, and collaborating with internal teams like marketing and sales to align strategies and achieve company goals. 

Key Responsibilities:

• Market Research and Opportunity Identification:
• Conduct thorough market research to find new markets, potential clients, and innovative solutions that align with company goals. 
• Lead Generation and Nurturing:
• Actively generate and qualify leads to build a pipeline of potential clients and nurture them through the initial stages of the sales funnel. 
• Relationship Management:
• Build and maintain strong, long-term relationships with clients and strategic partners to foster loyalty and secure partnerships. 
• Strategic Planning:
• Develop comprehensive business plans and strategies for new market entry, client needs, and product development to achieve profitability. 
• Sales and Negotiation:
• Create tailored presentations and proposals to showcase company products or services, and lead the negotiation phase to close deals. 
• Internal Collaboration:
• Work closely with internal teams, including marketing, sales, and product development, to ensure alignment on goals and smooth project execution. 
• Industry Trend Monitoring:
• Stay informed about the latest industry developments and trends to identify new opportunities and adapt strategies accordingly. 
• Reporting and Goal Setting:
• Set goals, track progress, and create reports to communicate performance and outcomes to stakeholders. 

Essential Skills:

• Strategic Thinking:
• Ability to think strategically and develop long-term plans for business growth. 
• Communication:
• Excellent verbal and written communication skills for interacting with clients and internal teams.