Job Description

Job description:Role: Business Development Manager ( BDM)Educational Background: B.Sc. / B. Pharma with MBALocation: HyderabadSalary: 7-8LPAExperience:6 years of experience in business development or sales roles within the pharmaceutical industryDescription:Market Analysis and Strategy:\xc2\xb7 Conduct market research and analysis to identify new business opportunities, market trends, and competitor activities.\xc2\xb7 Develop strategic plans and initiatives to penetrate new markets, expand existing customer base, and achieve sales targets.Client Relationship Management:\xc2\xb7 Build and maintain strong relationships with key stakeholders, including healthcare professionals, distributors, Doctors and strategic partners.\xc2\xb7 Collaborate with clients to understand their needs and develop tailored solutions to meet their requirements.Sales and Revenue Generation:\xc2\xb7 Implementing effective sales strategies to drive revenue growth and achieve business objectives.\xc2\xb7 Negotiate contracts and agreements with clients to secure new business opportunities and maximize profitability.Product Development Support:\xc2\xb7 Work closely with the product development team/ Product Manager to identify market needs and opportunities for product innovation and enhancement.\xc2\xb7 Provide input and feedback on product development initiatives based on market insights and customer feedback.Cross-functional Collaboration:\xc2\xb7 Collaborate with internal departments; including marketing, regulatory affairs, and finance, to ensure alignment of business development strategies with overall company objectives.\xc2\xb7 Coordinate cross-functional initiatives to support product launches, promotional campaigns, and market expansion efforts.Performance Monitoring and Reporting:\xc2\xb7 Track and analyze sales performance metrics, market trends, and customer feedback to evaluate the effectiveness of business development initiatives.\xc2\xb7 Prepare regular reports and presentations for senior management to communicate progress, challenges, and opportunities.Qualifications:\xc2\xb7 Proven track record of driving business growth, achieving sales targets, and building strong client/doctor relationships.\xc2\xb7 Excellent communication, negotiation, and presentation skills.\xc2\xb7 Strong analytical and problem-solving abilities, with the capacity to make data-driven decisions.\xc2\xb7 Ability to work independently and as part of a team in a fast-paced, dynamic environment.Benefits :\xc2\xb7 Competitive salary and performance-based incentivesPowered by Webbtree

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