Business development managers are responsible for managing expectations and developing business solutions for their organizations. They are in charge of creating effective business plans to generate more revenue, increase brand loyalty, and improve customer satisfaction.Some of their main duties include brainstorming with other business development staff to define the scope of the project, review requirements, and approve timeframes. They work well with other company managers to oversee the progress of business development. However, these individuals have strong leadership skills to motivate staff members, and they come up with innovative solutions for day-to-day development issues. Their main duties include managing client accounts and executing sales objectives. These development managers work in an office environment and use a personal computer to write reports, review business processes, and communicate with staff. They are proficient with office applications to modify spreadsheets and use a word processor to create proposals. They complete research to evaluate products and identify competitors. They use statistics to reach company goals within a given timeframe.A bachelor's degree in business management, administration, or a related field is required for this job. Previous years of work experience in a business development managing capacity can be helpful. Business and leadership certifications are a plus.

Based on recent data, the Business Development Manager role in Singapore is projected to experience significant growth in the market. Over the past 10 years, the job role has seen consistent demand and is expected to continue expanding in the future. With the booming economy and increasing globalization, more companies are focusing on expanding their businesses and seeking opportunities in Singapore. This has resulted in a surge of employment opportunities for Business Development Managers. As per recent data, the number of employment opportunities for this role is expected to continue rising, presenting a positive outlook for aspiring professionals in this field.

How to Learn

As a Business Development Manager with 3-6 years of experience in Singapore, your main responsibilities include:<ul><li> Identify and target potential clients in the market, assess their needs, and propose tailored solutions for their business growth.</li><li> Develop and maintain strategic partnerships with key stakeholders, including industry associations, government agencies, and potential collaborators.</li><li> Manage the end-to-end sales process, from prospecting and lead generation to contract negotiation and closing deals.</li><li> Stay updated on market trends, competitor activities, and industry developments to identify new business opportunities and drive revenue growth.</li></ul>

Roles & Responsibilities

Average take home Salary for a Business Development Manager in Singapore is around ₹4353064 per year

Salary Breakup

Business development managers are responsible for managing expectations and developing business solutions for their organizations. They are in charge of creating effective business plans to generate more revenue, increase brand loyalty, and improve customer satisfaction.

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Business Development Manager

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