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What are the top 3 skills for a business development executive?

By Zippia Team - Nov. 10, 2021

The top three skills for a business development executive are sales skills, communication skills, and business acumen. The core responsibility of a business developer is growing a business, and these three skills are the critical skills needed to make this happen.

Business development identifies long-term methods to increase value through the development of relationships, markets, and customers. While business development and sales roles serve different purposes, they share a few similar tasks and responsibilities. This is why basic sales skills are needed to succeed in this role.

To target opportunities for growth, a business development professional must identify members of the company's target audience and effectively find and follow up on opportunities. Additionally, business developers need the skills to build relationships with potential partners or prospects.

Business development executives must also be able to write and speak with clarity and confidence. The responsibilities of a business development executive include calling prospects, maintaining long-term relationships, and sharing valuable information with those involved in the business.

Finally, business acumen is a critical skill for a business development executive. This allows them to gain insights and a deep understanding of the current market. In business development, building these skills involves researching the needs of the business and its competitors to gain a broader view of the target market.

What are the top 3 skills for a business development executive?

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