If you are a new Business Developer Manager, you are responsible for growing the business by finding new opportunities for profit, research leads, establishing a relationship with clients, and arranging appointments for sales executives. You will work to improve your organization's market position. You will often work with internal teams like the marketing staff and other managers to increase sales opportunities.
You will be responsible for generating revenue for your company. To become a New Business Development Manager, you must have a bachelor's degree in marketing, business, or a related field. You need to have basic knowledge of CFM software and MS Office. There are companies that prefer you to hold a master's degree in management. At the very least, you need to understand market and marketing strategies.
The top skills you need to develop are creative skills to work with teams and customers, critical thinking, communication and analytical skills, and negotiation skills. You must be goal-focused and organized. You can make an average annual salary of $104,000 if you are good at your job.
There is more than meets the eye when it comes to being a new business development. For example, did you know that they make an average of $46.26 an hour? That's $96,218 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many new business development have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed creativity, interpersonal skills and organizational skills.
When it comes to the most important skills required to be a new business development, we found that a lot of resumes listed 13.0% of new business development included business development, while 9.8% of resumes included new customers, and 9.8% of resumes included sales goals. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the new business development job title. But what industry to start with? Most new business development actually find jobs in the technology and manufacturing industries.
If you're interested in becoming a new business development, one of the first things to consider is how much education you need. We've determined that 66.6% of new business development have a bachelor's degree. In terms of higher education levels, we found that 9.1% of new business development have master's degrees. Even though most new business development have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a new business development. When we researched the most common majors for a new business development, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on new business development resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a new business development. In fact, many new business development jobs require experience in a role such as account executive. Meanwhile, many new business development also have previous career experience in roles such as sales representative or account manager.