Business Development Manager at CIG Motor Ltd

About the job

• The Business Development Manager at CIG Motor is responsible for identifying new business opportunities, developing strategic partnerships, and expanding the company’s market reach. This role involves networking with key stakeholders, negotiating deals, and ensuring the company remains competitive and drives revenue growth through innovative market expansion strategies.

Key Responsibilities

Identifying New Business Opportunities:

• Analyze market trends and customer needs to identify new business opportunities that align with the company’s growth strategy.
• Explore new markets, products, or services that could enhance the company’s revenue streams and competitiveness.

Market Expansion:

• Develop strategies to penetrate new geographic or demographic markets, ensuring alignment with the company’s commercial objectives.
• Conduct market research to identify emerging trends, competition, and opportunities for business expansion.

Deal Negotiation & Contract Management:

• Lead negotiations for business deals, ensuring favorable terms and long-term value for the company.
• Manage the end-to-end process of deal structuring, contract creation, and agreement finalization, ensuring compliance with legal and company standards.

Networking & Relationship Building:

• Attend industry events, conferences, and networking sessions to increase the company’s visibility and build relationships with key industry players.
• Leverage existing networks to generate new leads and partnerships that align with the company’s growth strategy.

Collaboration with Sales & Marketing Teams:

• Work closely with the sales and marketing teams to ensure that new business development strategies are aligned with broader commercial goals.
• Coordinate with marketing to align promotional efforts with partnership and expansion initiatives.

Revenue Growth & Performance Monitoring:

• Implement strategies that contribute directly to revenue growth through new partnerships and business opportunities.
• Monitor the performance of new business ventures and partnerships, providing feedback to senior leadership on progress and opportunities for improvement.

Risk Management & Mitigation:

• Assess potential risks involved in entering new markets or establishing partnerships, implementing strategies to mitigate these risks.
• Ensure that all new business opportunities are evaluated for their financial viability and potential risks.

Requirements

• Minimum of a Bachelor’s degree in Business, Marketing, Sales, or a related field.
• Between 5-7 years of experience in business development, partnership management, or sales.
• Proven ability to identify and secure new business opportunities that drive revenue growth.
• Strong networking, negotiation, and relationship management skills.
• Ability to develop creative solutions to business challenges.

Benefits

• Competitive Salary
• 13th Month Allowance
• Leave Allowance
• Monthly Performance Bonus
• Retirement Savings
• Robust Medical Coverage
• Daily Lunch
• Staff Transportation
• Employee Car Ownership Scheme
• Learning & Development Budget
• Group Life Insurance
• Paid Time Off
• Opportunity to work in a fast-paced and dynamic environment