Businessetiquettearticles.com – The Business Development division is one of the most important divisions in a company. The position of a Business Development Executive can help the company expand its business and increase revenue. Business Development is responsible for seeking new clients for the company and offering products or services to existing clients. Curious about the duties and qualifications? Let’s take a look at the following article!

Here are some tasks of a Business Development Executive in a company:

1. Analyzing new business opportunities
2. Maintaining and nurturing relationships with existing clients
3. Conducting competitor research and market demand analysis
4. Contacting potential clients to schedule meetings and present products and services
5. Collaborating with other divisions to meet client needs and market demands
6. Planning the company’s business development

If you are interested in working in the Business Development division, you need to know the qualifications and skills required to become a Business Development Executive! What are they? Let’s find out!

1. Good communication skills A Business Development professional must have good communication skills, as they will interact directly with potential customers and clients.
2. Negotiation skills Negotiation skills are essential because a Business Development Executive must be able to persuade clients to collaborate, negotiate price reductions, and meet client needs.
3. Strategic planning skills Strategy is needed to develop business and create products or services that are superior to competitors. Therefore, a Business Development Executive must have strategic thinking skills and good analytical abilities.