Description

Most of the time, business development coordinators work in an office full-time. Their jobs are to continuously generate new clients or new sales leads for their company and to maintain good relationships with existing clients. Employers often require that business development coordinators have a bachelor’s degree in marketing, management, finance, or business. However, some companies may accept candidates with significant years of experience as business development coordinators in lieu of a bachelor's degree requirement. They must be proficient in Microsoft Office and their organizations' computer system. Business development coordinators must be motivated. They must be comfortable in communicating with new or existing clients, via phone or email or in person. They must be dedicated, be able to meet deadlines, and be able to work independently. They must have an analytical aptitude to solve complex problems. They must be able to work well in a team environment. Business development coordinators must have excellent communication skills, both orally and in writing. They must be personable and must ensure excellent customer service. They must understand thoroughly the products and services that their company is selling. They must be comfortable in making presentation using various tools, such as PowerPoint slides. They may be required to travel to meet prospective or existing clients. They may have to train, coach, and mentor new or more junior business development coordinators. They may have to keep up to date with government rules and regulations relevant to their industry. They may have to attend conferences.

Roles & Responsibilities

As a Business Development Coordinator with 3-6 years of experience in Canada, your main responsibilities include:

  • Identify and pursue new business opportunities, conduct market research, and analyze industry trends to support the development of sales strategies.
  • Cultivate and maintain relationships with clients, stakeholders, and partners, including attending networking events, meetings, and conferences.
  • Collaborate with cross-functional teams to develop proposals, presentations, and sales materials, ensuring alignment with business objectives and customer needs.
  • Track and analyze sales data, prepare reports and forecasts, and provide recommendations for improving sales performance and achieving targets.

Qualifications & Work Experience

For a Business Development Coordinator, the following qualifications are required:

  • Proven experience in business development or sales, with a track record of achieving targets and driving revenue growth.
  • Strong communication and interpersonal skills to effectively build and maintain relationships with clients, stakeholders, and internal teams.
  • Excellent strategic thinking and problem-solving abilities to identify new business opportunities and develop innovative strategies to expand market presence.
  • Exceptional organizational and multitasking skills to manage multiple projects simultaneously, prioritize tasks, and meet deadlines effectively.

Essential Skills For Business Development Coordinator

1

Business Transformation

2

Business Risk

3

Business Development

Skills That Affect Business Development Coordinator Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Business Development

19%

Business Communication

5%

Customer Relationship Management

1%

Career Prospects

The role of a Business Development Coordinator is crucial for driving growth and establishing partnerships. For professionals with 3-6 years of experience in Canada, here are four alternative roles to consider:

  • Sales Account Manager: A position that involves managing and nurturing client relationships, driving sales, and meeting revenue targets.
  • Marketing Specialist: A role focused on developing and implementing marketing strategies, conducting market research, and executing promotional campaigns.
  • Product Manager: A position responsible for overseeing the development, launch, and management of new products or services, ensuring they meet customer needs and drive business growth.
  • Strategic Partnerships Manager: A role centered around identifying and establishing strategic partnerships with other organizations to drive mutual benefits and expand market reach.

How to Learn

The role of Business Development Coordinator in Canada has exhibited significant growth in recent years due to expanding markets and industries. According to a 10-year analysis, the job role is projected to continue experiencing substantial growth, reflecting a positive trend in demand. With Canada's expanding economy and an emphasis on business growth, the number of employment opportunities for Business Development Coordinators is expected to increase in the future. The latest data available from Google supports this projection, indicating a promising outlook for professionals in this field.