Business Development Manager & Executive

Job Description

Job Summary: We are seeking two highly motivated Business Development Managers and Executives to drive growth in the Nutraceutical Formulation sector, focusing on both domestic and export markets. The ideal candidates will have a strong understanding of the nutraceutical or pharmaceutical industry and will be responsible for developing strategies to expand our market presence, build client relationships, and increase revenue. Key Responsibilities: Market Research and Analysis: Conduct comprehensive market research to analyze competitors, identify emerging trends, and assess customer preferences in both domestic and export markets. Use market data to inform product development and marketing strategies. Revenue Targets and Performance: Set and monitor annual revenue targets for both domestic and international markets. Track performance against targets and implement corrective actions as necessary. Industry Representation: Represent the company at industry exhibitions and trade shows, promoting products and networking with potential clients. Stay informed about market developments and competitor activities. Client Relationship Management: Build and maintain strong relationships with key clients. Understand client needs and deliver tailored solutions that enhance customer satisfaction and loyalty. Strategy Development and Implementation: Formulate and execute strategies to expand market presence, identifying new business opportunities and strengthening relationships with existing clients. Qualifications: Educational Requirements: M.Sc or B.Pharma in relevant fields (Pharmaceuticals, Life Sciences, or related). A graduate in Bachelors dBusiness Administration, International Business, or a related field is required. A Masters degree is preferred. Industry Experience: At least 2-4 years of experience in business development within the nutraceutical or pharmaceutical sectors. Proven track record of successful project management and business growth. Skills Required: Excellent communication and interpersonal skills. In-depth knowledge of regulatory requirements for nutraceutical products. Strong ability to analyze market data and develop actionable insights. Proficiency in negotiating and closing deals. Desired Profile of the Candidate: Proven ability to manage business development projects from inception to completion. Demonstrated success in growing revenue and market share within the nutraceutical or pharmaceutical industries. Strong networking and relationship-building skills.

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