Business Development Executive at Ivee Consulting Limited

As a Business Development Executive at our freight and forwarding company, you will play a crucial role in identifying new business opportunities, expanding our market presence, and fostering strong relationships with clients. Reporting directly to the Head of Business Development, you will be responsible for driving growth strategies, acquiring new clients, and enhancing our service offerings. Your primary focus will be to contribute to the company’s success by increasing revenue and market share through strategic initiatives and effective relationship management.

Key Responsibilities:

Market Research & Analysis:

• Conduct thorough market research to identify potential business opportunities and trends.
• Analyze competitors and market conditions to develop strategies for gaining a competitive edge.

Lead Generation & Client Acquisition:

• Identify and reach out to potential clients through various channels, including networking, cold calls, and industry events.
• Develop and present proposals to prospective clients, demonstrating the value of our shipping services.

Relationship Management:

• Build and maintain strong relationships with existing clients, ensuring high levels of customer satisfaction and retention.
• Act as the primary point of contact for key accounts, addressing their needs and concerns promptly.

Strategic Planning:

• Collaborate with the senior management team to develop and implement business development strategies.
• Identify and pursue strategic partnerships and alliances to enhance the company's market presence.

Reporting & Documentation:

• Maintain accurate records of business development activities, client interactions, and sales pipeline.
• Prepare and present regular reports on business development progress and performance metrics.

Sales Support:

• Assist in the development of sales materials and presentations.
• Support the sales team with market insights and lead qualification.

Key Performance Indicators (KPIs):

New Business Acquisition:

• Number of new clients acquired per quarter.
• Revenue generated from new business opportunities.

Client Retention:

• Retention rate of existing clients.
• Client satisfaction and feedback scores.

Lead Conversion Rate:

• Percentage of leads converted into clients.
• Time taken to close new business deals.

Market Penetration:

• Growth in market share within target regions.
• Number of new markets or segments entered.

Revenue Growth:

• Increase in overall revenue and profit margins.
• Achievement of quarterly and annual revenue targets.

Strategic Initiatives:

• Number and success rate of strategic partnerships or alliances established.
• Implementation and impact of new business development strategies.

Qualifications:

Education:

• Bachelor's degree in Business Administration, Marketing, International Trade, Logistics, or a related field. An MBA or advanced degree is a plus.

Experience:

• Minimum of 3-5 years of experience in business development or sales, preferably within the shipping, logistics, or transportation industry.
• Proven track record of successful client acquisition and relationship management.

Skills:

• Strong understanding of the shipping and logistics industry.
• Excellent communication, negotiation, and presentation skills.
• Ability to analyze market trends and develop strategic plans.
• Proficiency in CRM software and Microsoft Office Suite.

Attributes:

• Self-motivated with a results-driven approach.
• Strong interpersonal skills with the ability to build and maintain relationships.
• High level of integrity and professionalism.
• Adaptability and ability to work under pressure in a fast-paced environment.

Additional Requirements:

• Willingness to travel as needed for client meetings and industry events.
• Knowledge of relevant regulations and compliance issues in the shipping industry.