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Business Development Job Description

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Overview

business development
380
The number of occurrences in our database.
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The Business Development position manages the existing sales pipeline, develops new business opportunities, and identifies trends and customer needs. Their role is building a sales pipeline that achieves targets, developing business strategies, and assisting in the coordination and implementation of marketing plans. Their responsibilities are to delegate tasks that achieve strategic goals, manage the proposal response process, generate new leads, help pitch logistics, develop and implement overarching outbound sales strategies, support deal structure and pricing, negotiate prices and proposals, and maintain and share professional knowledge.

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Steps to take to start your career as a Business Development and other jobs like it

  • Get out there and connect! Business development and sales related roles leverage your skill to be able to connect with people. There is also usually an opportunity to leverage your personal network to help you succeed. Get started on this now, build your network, talk to people, get comfortable engaging strangers. Join LinkedIn groups, interact with posts, and connect with professionals at companies or in roles you admire. Finding a mentor in sales or business development can also help guide your career.
  • A bachelor’s degree will open more potential roles as you look to get a start in this field and help with advancement later on. A degree in Business Administration, Marketing, Communications, or Sales Management can give you a solid understanding of business strategies and market trends. Classes in sales techniques, market research, and business operations are especially helpful. If a full degree isn’t your thing, certifications in sales or business development can offer targeted knowledge and practical skills in a shorter time.
  • If you’re having trouble landing a business development role specifically, start with entry-level roles within customer service or retail industries. Roles such as sales development representative (SDR) or customer service associate are also great places to start. These roles let you learn the ropes of client interaction and sales processes. Internships in industries you’re passionate about can also give you valuable hands-on experience.
  • While working in sales roles, focus on building client relationships, spotting new market opportunities, managing sales pipelines, and generating leads. Hone essential skills like communication and negotiation to earn trust and close deals. Learn to navigate CRM platforms and sales tools, and develop problem-solving skills to address client needs and uncover opportunities.
Hear from someone who’s had the job or one like it
"Discover what it’s like to work in business development at a leading tech company. Luna shares insights on sales roles, daily challenges, and the rewarding aspects of collaboration and continuous learning."
Career Video Transcript
Examples of Current Open Business Development Positions
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indeedImg
Avg Pay: $77K
Jobs: 107,281
glassdoor
Avg Pay: $99K
Jobs: 17,693

Education you need to become a Business Development

These are the most common degrees or certificates earned by Jobtrees users prior to becoming a Business Development

There may be other required degrees or certifications needed for this job. The below info shows you the most commonly desired education level from employers when hiring for this job.

  • Master of Business Administration (MBA)
    The number of occurrences matches with Business Development in our database.
    Avg. Duration:17 monthsAvg. Fees:$27,469Type:Mostly full timeView more on Studyportals
  • Bachelor of Arts (b.a.)
    The number of occurrences matches with Business Development in our database.
    Avg. Duration:48 monthsAvg. Fees:$17,700Type:Mostly full timeView more on Studyportals
  • Bachelor Degree in Applied Science
    The number of occurrences matches with Business Development in our database.
    Avg. Duration:47 monthsAvg. Fees:$24,547Type:Mostly full timeView more on Studyportals
  • Bachelor Degree in Communication and Media Studies
    The number of occurrences matches with Business Development in our database.
    Avg. Duration:40 monthsAvg. Fees:$33,225Type:Mostly full timeView more on Studyportals
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Annual Pay Estimate for Business Development and Other Important Info

See how many years Business Development's are in their job, how much they make, how long it took to get there and how available this job is in terms of open positions.

3.3 years
$88K
The average years of experience in the workforce prior to having this role
3.38 years
Mixed
The average number of roles it took our users to get to this one
3
242 out of 4012

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Career Paths for Business Development

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Jobs to start your career in becoming a Business Development

These are the most common roles Jobtrees users had to start their career that eventually lead them to Business Development. If you’re looking to get into this career these are jobs to consider to get your start. We’ve included below some current open job postings that match those roles. Click to search for more.