Business Development Analyst Job Description Template
The Business Development Analyst will be responsible for conducting market research, identifying new business opportunities, and generating leads for the sales team. In addition, the Business Development Analyst will work closely with the marketing team to develop and execute marketing campaigns. The ideal candidate will have strong analytical and communication skills, experience in market research and lead generation, and a passion for sales and marketing.
Business Development Analyst Job Responsibilities
- Conduct market research to identify new business opportunities
- Develop strategies to penetrate new markets and grow the business
- Build and maintain relationships with key clients and partners
- Identify and pursue joint venture and partnership opportunities
- Negotiate contracts with clients and partners
- Monitor industry trends and competitors to identify threats and opportunities
- Prepare reports for senior management detailing market trends, opportunity analysis, sales pipeline, etc.
Objectives
- To increase company revenue through the development and implementation of new business initiatives.
- To identify and assess new business opportunities for the company.
- To develop and implement strategies to penetrate new markets and grow existing markets.
- To manage and coordinate all aspects of the business development cycle from opportunity assessment through to project implementation.
- To build and maintain strong relationships with key internal and external stakeholders including clients, partners, suppliers and other members of the sales team.
- To prepare detailed proposals, presentations and reports as required by clients or senior management
Business Development Analyst Job Skills & Qualifications Needed
- The Business Development Analyst role requires excellent analytical skills, the ability to think strategically, and experience in business development or a related field. The ideal candidate will have a strong understanding of the sales process and be able to effectively manage multiple projects simultaneously. Additionally, the Business Development Analyst should possess excellent communication and presentation skills.