Associates Development Business's primary role is to create sales by connecting and building relationships with new and existing customers. Business Development Associates conducts market research and explores new business opportunities. Collaborate with marketing, sales and production managers to create and implement business strategies for brand awareness and sales. They can also help develop marketing tools, analyze business competition and maintain corporate contact lists.
Working in most areas of promotion or marketing, Associates Development Business works in a variety of industries, mainly manufacturers and retailers. The Bureau of Labor Statistics reports that the increase in those working in promotions and marketing is expected to be 5 percent by 2024. This expected increase is affected by the need for companies to increase sales and revenue, introduce new products to the market and to expand. brand recognition.
Tasks of Business Development Associate
To meet their obligations to expand their market and customer base and promote products, Development Associates performs a variety of functions. After analyzing several job lists, we identified the main tasks and responsibilities of this job.
Build customer relationships
To expand the market, Development Associates is working to build new customer relationships and strengthen existing customer relationships to create new opportunities. In this role, Development Associations assist in sales and service processes to ensure customer satisfaction to help increase revenue and develop sustainable business relationships that will lead to fuel sales to potential partners in related organizations. the customers.
Promote company products
To raise product awareness and recognition, Development Associates helps create advertising and marketing tools for consumers and the public. Work closely with sales, marketing and advertising departments and managers to develop a targeted audience-specific strategy to increase sales and expand their market.
Conduct market research
Business Development Partnership deals mainly with market analysis and the creation of reports that focus on customer behavior, sales and market share of their company in relation to their specific product. They make plans for how to increase this market share and develop strategies that will lead to more revenue.
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