Job Title: Business Development Executive
Salary: Rs 1.7 Lakhs to 7.0 Lakhs
Location: Bengaluru
Company: Flipkart
Qualifications: B.Tech/B.E
Experience: 1 – 5 Years
ABOUT FLIPKART
Flipkart, founded in 2007 by Sachin Bansal and Binny Bansal, has emerged as certainly one of India’s leading e-alternate systems. Initially beginning as an internet e-book store, Flipkart rapidly prolonged its offerings to embody a massive selection of products which include electronics, style, home essentials, and extras. In 2018, Walmart acquired a majority stake in Flipkart, marking a large milestone in its increase trajectory.
Today, Flipkart keeps innovating within the Indian e-commerce area, leveraging technology to enhance patron revel in and operational efficiency. It operates through its website and mobile app, imparting an unbroken shopping experience to hundreds of heaps of users in the course of America. With a strong logistics network, Flipkart ensures nicely timed transport of merchandise to each city and rural area.
Furthermore, Flipkart has ventured into diverse sectors which include virtual bills (PhonePe) and content streaming (Flipkart Video), diversifying its portfolio and increasing its effect inside the digital atmosphere. Committed to empowering dealers and fostering entrepreneurship, Flipkart stays a pivotal participant in shaping the future of online retail in India.
Job Overview
As a Business Development Executive, your position centers on driving boom by way of figuring out new commercial enterprise possibilities, building and maintaining purchaser relationships, and negotiating contracts. You’ll strategize to increase the organization’s market presence, behavior market studies to identify traits and capability sectors for increase and collaborate closely with sales, advertising and marketing, and product development groups. Your goal is to power sales, grow profitability, and foster long-time period partnerships that align with the agency’s strategic goals. Strong communication abilities, analytical wondering, and a proactive method are vital in this dynamic and competitive position.
Key Responsibilities For a Business Development Executive:
- Identifying Opportunities: Constantly test the marketplace for brand new opportunities, ability clients, partnerships, or new markets to go into. This includes gaining knowledge of enterprise traits, competitor sports, and monetary conditions.
- Building Relationships: Cultivate and preserve robust relationships with current clients and capability customers. This includes networking, attending enterprise events, and leveraging social media structures to expand your expert network.
- Developing Proposals and Pitches: Create compelling proposals, shows, and pitches that effectively speak the corporation’s products or services and their price propositions to ability customers.
- Negotiating Contracts: Lead negotiations with customers, providers, or companions to secure superb phrases for the corporation. This includes know-how of criminal and monetary implications and participating with felony and finance teams as wished.
- Strategic Planning: Develop and implement strategic business improvement plans that align with the company’s average desires and goals. This may consist of placing income goals, forecasting capacity revenue, and developing strategies to obtain boom goals. (Business Development Executive)
- Market Research: Conduct thorough market studies to become aware of emerging tendencies, client desires, and competitive offerings. Use these statistics to manual strategic decisions and alter commercial enterprise development techniques.
- Collaboration: Work closely with go-functional teams which includes income, advertising, product improvement, and operations to ensure alignment and aid for business development tasks.
- Reporting and Analysis: Monitor and analyze income and business improvement sports in opposition to dreams, put together ordinary reviews for management, and offer insights and guidelines for improvement.
Essential Skills For a Business Development Executive:
- Strong Communication: Excellent verbal and written conversation skills are essential for efficiently conveying ideas, negotiating, and building relationships with customers and stakeholders.
- Negotiation Skills: Ability to barter effectively and near offers that are useful to the business enterprise at the same time as keeping nice relationships with clients and partners.
- Strategic Thinking: Capacity to assume strategically and expand lengthy-time period plans that align with commercial enterprise targets, count on marketplace tendencies, and capitalize on possibilities.
- Analytical Skills: Strong analytical talents to interpret facts, marketplace trends, and performance metrics to make informed enterprise choices and modifications to strategies.
- Sales Acumen: Understanding of sales concepts and techniques to become aware of leads, close deals, and gain income goals. (Business Development Executive)
- Problem-Solving Skills: Ability to identify demanding situations or limitations and increase innovative solutions to conquer them.
- Team Collaboration: Experience running collaboratively with past-practical teams to attain common dreams and targets.
- Adaptability: Flexibility to evolve to convert market conditions, patron preferences, and internal priorities.
- Project Management: Basic venture management talents to devise, execute, and reveal business improvement projects successfully.
- Ethical Integrity: Uphold ethical requirements in all commercial enterprise development activities, ensuring transparency and fairness in negotiations and partnerships.
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