Job Descriptions

Business Development Specialist Job Description

What is the job description of a Business Development Specialist? What are the duties and responsibilities of a Business Development Specialist? What does a Business Development Specialist do?

Job description of a Business Development Specialist

Business Development Specialists are responsible for identifying opportunities for business growth and optimizing marketing strategies. They analyze business processes and finances, implement business plans, and establish effective networks.

This Business Development Specialist job description example includes the list of most important Business Development Specialist duties and responsibilities as shown below. It can be modified to fit the specific Business Development Specialist profile you're trying to fill as a recruiter or job seeker.

Business Development Specialist Duties and Responsibilities

Business Development Specialist job description should contain a variety of functions and roles including:

  • Analyzing and expanding business operations toward sustained growth.
  • Monitoring revenue streams and identifying opportunities to increase profitability.
  • Evaluating and improving sales, marketing, and branding strategies.
  • Identifying and developing new lines of business based on consumer behavior.
  • Negotiating and closing business deals that promote sustained revenue.
  • Liaising with Sales, Marketing, and Management to align strategies aimed at increasing revenue.
  • Assessing and advising on potential joint ventures, mergers, and acquisitions.
  • Performing competitor analysis toward obtaining an increased market share.
  • Developing client relationships and strengthening industry partnerships.
  • Identifying new clients by researching and creating networking opportunities.

Business Development Specialist Requirements / Skills / Qualifications

Business Development Specialist job description should include these common skills and qualifications:

  • Bachelor's Degree in Business Development or Marketing, or similar.
  • Master of Business Administration Degree (MBA) preferred.
  • Previous experience as a Business Development Specialist in a related industry.
  • Proficiency in integrated business management and CRM software, including NetSuite and Odoo.
  • Advanced knowledge of business development, marketing strategies, and brand expansion.
  • Competency in negotiating and closing business deals.
  • Ability to advise on possible joint ventures, mergers, and acquisitions.
  • Exceptional interpersonal and communication skills.
  • Experience in identifying profitable business opportunities and potential clients.
  • Exceptional ability to analyze market trends and competitor behavior.
  • Ability to maintain strong client relationships and establish industry partnerships.

As a hiring manager, recruiting an ideal Business Development Specialist starts with crafting a good job description. Use this Business Development Specialist job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Business Development Specialist may also reference it in preparation for the interview.

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