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Translation from English to Chinese_CNEY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
What is the head of business development?
Head of business development jobs vary from organization to organization. Primarily, they are responsible for managing a team whose job it is to bring new customers and clients to the organization. As a result, they're absolutely integral to the success of a business, its ability to grow and gain market share.
What is the role of business development?
Business development is to be thought of as a marketing tactic. The objectives include branding, expansion in markets, new user acquisition, and awareness. However, the main function of Business Development is to utilize partners in selling to the right customers.
What is the definition of business development?
The activity of pursuing strategic opportunities for a particular business or organization, for example by cultivating partnerships or other commercial relationships, or identifying new markets for its products or services.
What skills do you need for business development?
Communication & Interpersonal Skills. ...
Collaboration Skills. ...
Negotiation & Persuasion skills. ...
Project Management Skills. ...
Research & Strategy. ...
Computer Skills. ...
Business Intelligence.
What do you do in business development?
The first aspect of a business development professional's job is typically to identify new business opportunities - new markets, new partnerships, new ways to reach existing markets, or new product or service offerings to better meet the needs of existing markets - and then to go out and exploit those opportunities to ...
What is the difference between marketing and business development?
Marketing promotes the brand, product and or service in a direct or indirect manner usually with the goal of identifying potential clients or advancing a corporate message (brand, investor sentiment, etc). Business development identifies strategic partnerships and opportunities within and across segments or industries.
What are the strategies for business development?
The Business Development Strategy is used to underpin your main Business Plan and essentially it sets out a standard approach for developing new opportunities, either from within existing accounts or by proactively targeting brand new potential accounts and then working to close them.
What is sales and business development?
In the traditional sense, business development refers to activities designed to expand your organization's reach into a new market -- for example, forming partnerships with other businesses to sell Company X's product to Company Y's customers.
Selling involves the interaction between a potential customer and a sales professional, who attempts to persuade the potential customer to purchase his company's product. Selling is a process with distinct steps that should be followed in order to achieve success.