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What are the roles and responsibilities of a business development manager?

By Zippia Team - Mar. 3, 2022

The roles and responsibilities of a business development manager include seeking out and developing long-term relationships with clients. These professionals generate new sales leads, negotiate client pricing, and forecast sales revenue to help organizations maximize their profits.

The business development manager (BDM) is often the first point of contact a new potential client will have with a business when they are seeking information on the products and services the company provides. The BDM also responds to RFPs, tenders, and develops sales in new sales territories.

Business development managers must evaluate current sales performance and identify ways an organization can expand and grow. Although the responsibilities of a business development manager may vary by industry, many day-to-day duties are uniform.

Some common roles and responsibilities of business development managers include:

  • Setting goals and developing plans for business and revenue growth

  • Researching, planning, and implementing new target market initiatives

  • Researching prospective accounts in target markets

  • Pursuing leads and moving them through the sales cycle

  • Developing quotes and proposals for prospective clients

  • Setting goals for the business development team and developing strategies to meet those goals

  • Increasing the value of current customers while attracting new ones

  • Attending conferences, meetings, and industry events

  • Training personnel and helping team members develop their skills

What are the roles and responsibilities of a business development manager?

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