![]() ![]() Jobs are often advertised with a basic salary and a higher on-target earnings (OTE) figure. Some jobs will be advertised with 'uncapped commission'. It's common for bonuses to be paid and these can be very large, sometimes matching your annual salary. The sector you work in is also a determining factor. Salaries are affected by regional variances, and pay is generally higher in London and the South East. As a senior business development manager or business director, it's possible to earn around £80,000.At mid-management level with several years' experience, you can expect to earn between £30,000 and £60,000, depending on the region and sector you work in.Your starting salary as a graduate business development manager will be in the region of £25,000 to £28,000.develop the business sales and marketing strategy.carry out sales forecasts and analysis and present your findings to senior management/the board of directors.negotiate pricing with customers, and suppliers in some cases.If your business development role is more sales orientated, you may also: keep abreast of trends and changes in the business world.attend seminars, conferences and events where appropriate. ![]() seek ways of improving the way the business operates.liaise with the finance team, warehousing and logistics departments as appropriate.discuss promotional strategy and activities with the marketing department.train members of your team, arranging external training where appropriate.ensure staff are on board throughout the organisation, and understand the need for change and what is required of them.have a good understanding of the businesses' products or services and be able to advise others about them.draw up client contracts - depending on the size of company, this task may be completed by someone else or agreements may not be as formal.work strategically - carrying out necessary planning in order to implement operational changes.think strategically - seeing the bigger picture and setting aims and objectives in order to develop and improve the business. ![]() #Vacancy manager how to#understand the needs of your customers and be able to respond effectively with a plan of how to meet these.foster and develop relationships with customers/clients.meet with customers/clients face to face or over the phone.generate leads and cold call prospective customers.seek out the appropriate contact in an organisation.research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets.Types of business managementīusiness development can be applied to almost all types of business, but you may choose to specialise in a certain sector, such as:Īlternatively, you may work across many different businesses, but with a specific focus on either:Īs a business development manager, you'll need to: Your work will often reach across all areas of the business. ![]() You may have a single role in the organisation or lead a team of staff. Your work can involve careful strategic planning and positioning in the appropriate markets, or enhancing the operation of the business, position or reputation in some way. As a business development manager, you'll identify new business opportunities in order to generate revenue, improve profitability and help the business grow ![]()
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