BUSINESS DEVELOPER • Developers are in charge of generating new client business through networking and follow up on recommendations. They design and implement strategies for the client utilizing their companies assets to accommodate both parties best. • Pillars of Business Development 1.Management 2.Marketing 3.Opertions 4. Finance ROLES AND RESPONSIBILITIES ROLES 1. Understanding the inner workings of a company’s products and services, as well as its customer 2. A business developer’s job is ultimately to generate new revenue and help companies grow RESPONSIBILITIES • Identifying new business opportunities • Maintaining relationships with existing clients • Working closely with the business owner on a business growth strategy and then devising an action plan with goals and objectives STRATEGY DEVELOPMENT 5 STAGES OF STRATEGY DEVELOPMENT PROCESS 1. GOAL SETTING Goals to be detailed, realistic and match the values the your vision 2. ANALYSIS Understanding the needs of the business 3. STRATEGY FORMATION Developing alternative approaches 4. STRATEGY IMPLEMENTATION Be clear with one’s responsibilities and duties 5. STRATEGY MONITORING Determining progress by measuring performance and results CUSTOMER SATISFACTION Service performance will lead to increase customer satisfaction, which eventually produce a higher financial performance. Good customer service = Increased revenue “when it comes to sales, the probability of selling to an existing happy customer is up to 14x higher than the probability of selling to a new customer.” Customer satisfaction is key to success ,that we build trust It's about creating a consistently positive experience with our brand DIGITAL MARKETING Digital Marketing helps to promote brand and generate the leads through digital mediums. Promoting a brand plays a big role in generating leads and digital marketing helps to sustain at very limited cost. Comprises text and multimedia messages as well as email, social media, and web-based advertising as a marketing channel. STEPS TO IMPLEMENT DIGITAL MARKETING STRATEGY 1. 2. 3. 4. 5. 6. Set goals Get clear on target audience Get clear on positioning in the marketplace Select specific tactics and activities Decide how you will measure results Schedule a time to review and tweak digital marketing strategy • RACE has 4+1 clientoriented phases: Planning, Reach, Act, Convert and Engage. “Reach” stage aims to attract and raise customer awareness. • “Act” stage operates to make interactions with potential clients. • “Convert” stage is designed to increase sales • “Engage” is designed to build a clients base of regular and loyal customers. • THANK YOU