Business Developer at Hyride

Role Summary:

• The Business Development Officer will be responsible for developing and implementing business strategies to increase revenue, profitability, and market share for the company.
• The ideal candidate will have a proven track record of successful business development in a similar role, as well as strong communication, negotiation, and analytical skills.

Key Responsibilities:

• Conduct market research to identify new business opportunities and evaluate market trends and competition.
• Develop and implement strategies to increase sales, revenue, and profitability.
• Identify and pursue new business opportunities, including partnerships, collaborations, and joint ventures.
• Build and maintain strong relationships with clients, stakeholders, and industry influencers.
• Develop and implement marketing plans to promote the company's products and services.
• Identify and attend industry events and conferences to network and promote the company.
• Analyze sales data and market trends to identify opportunities for growth.
• Collaborate with other departments, including marketing, sales, and finance, to ensure alignment of business goals and objectives.
• Provide regular reports and updates to the Business Development Manager on progress against goals and objectives.
• Keep up to date with industry developments and trends, and provide insights and recommendations to the team.

Qualifications:

• Bachelor's degree in Business Administration, Marketing, or a related field.
• Proven track record of successful business development in a similar role.
• Strong communication, negotiation, and analytical skills.
• Ability to work independently and as part of a team.
• Excellent organizational and time management skills.
• Ability to prioritize and manage multiple projects and deadlines.
• Proficiency in Microsoft Office and CRM software.
• Experience in the cab-hailing company.

Functional Competencies

• Business Acumen: A strong understanding of business principles, including financial management, marketing, and sales.
• Market Analysis: Ability to analyze market trends and identify opportunities for growth, including potential customers and competitors.
• Sales and Marketing: A Business Development Officer should have a good understanding of sales and marketing principles, including branding, advertising, lead generation, lead conversion, and customer retention and customer relationship management.
• Market Research and Analysis: The ability to research and analyze market trends, customer preferences, and competitor strategies is a key competency for a Business Development Officer.
• Strategic Planning: Business Development Officers need to be able to develop and implement strategic plans that align with the company's goals and objectives.
• Networking and Relationship Building: A Business Development Officer should have excellent interpersonal skills and be able to build and maintain relationships with customers, stakeholders, and industry influencers.
• Communication: Excellent verbal and written communication skills are essential for a Business Development Officer, as they will be responsible for presenting ideas, negotiating contracts, and communicating with clients and colleagues.
• Financial Management: A Business Development Officer should have a good understanding of financial management principles, including budgeting, forecasting, and cost-benefit analysis.
• Project Management: The ability to manage multiple projects, prioritize tasks, and meet deadlines is important for a Business Development Officer.
• Technology Proficiency: Familiarity with customer relationship management (CRM) software, marketing automation tools, and other relevant technologies is an asset for a Business Development Officer.
• Adaptability: A Business Development Officer should be adaptable to changing market conditions, customer needs, and company goals.
• Leadership: The ability to lead and inspire a team of sales and marketing professionals is a key competency for a Business Development Officer, particularly in a managerial role.