Business Development Manager

-Responsible to develop and implement comprehensive business development strategies that align with the company’s growth objectives. -Responsible to identify and pursue new market opportunities, partnerships, and business ventures within the electronics and electrical industry. -Conducting thorough market research to understand industry trends, customer needs, and the competitive landscape. -Responsible to set and achieve short-term and long-term revenue targets, ensuring alignment with overall company goals. -Analyzing data to make informed decisions on product offerings, pricing strategies, and market positioning. -Responsible to continuously monitor market dynamics and adjust business strategies to maintain competitiveness. -Responsible to build and nurture strong relationships with key clients, distributors, and industry partners. -Developing tailored strategies to attract and retain clients, ensuring long-term business partnerships. -Responsible to negotiate and close high-value deals, ensuring favorable terms and sustainable business growth. -Responsible to drive sales initiatives and campaigns to meet or exceed revenue and profitability targets. -Collaborating with sales teams and leading the sales process from lead generation to deal closure, ensuring a high conversion rate. -Responsible to work closely with the marketing team to develop and execute promotional campaigns that highlight the company’s products and services. -Representing the company at trade shows, industry events, and conferences to promote offerings and network with potential clients. -Providing feedback to the product development team on market needs and customer preferences. -Leading and mentoring a team of sales and business development professionals, providing guidance and support to achieve individual and team objectives. Coordinating efforts across departments to ensure seamless execution of business strategies. -Responsible to prepare and present regular reports on business development activities, sales performance, and market trends to senior management. -Tracking and reporting on key performance indicators (KPIs) to measure the success of business development initiatives. -Analyzing sales data to identify opportunities for improvement and make data-driven decisions. -Staying informed about regulatory changes that could impact the business and adapt strategies accordingly.