The word Business Development Executive is a job function that has evolved as part of the transformation of our business world to a global economy. The term conveys a strategic and pivotal role in the growth of a business enterprise. It is both sophisticated and all-encompassing in its meaning of the word “development.
Business Development Executive Job Description
Their priority is to assist their companies acquire new customers and sell additional products or services to existing ones; this means the role is a crucial one for any business with the ambition to expand or the necessity to diversify its clientele.
Business Development Executive Interview Questions
There are several interview questions regarding this, but here some important questions as below
How Would you Identify a New Market to Enter?
According to Analysis of sales data should help to identify possible new markets. This would be followed up with some market research.
Why do you Think you’re Good at Sales?
If you have a proven track record in sales, say so and give some examples. Mention how you are a good listener, good at interpreting a person’s motive and intention and that you feel confident in closing deals.
Why do you Enjoy Business Development?
Say that you feel that business development is the heart of a healthy business and it is extremely rewarding to see a business grow on the back of your decisions and actions.
What Motivates you in your Work?
Hitting targets and achieving goals is your main motivation. Say that you are motivated by the desire to do a great job and to help improve business.
What’s your Ideal Working Environment?
Say that you enjoy working in a team environment. Describe the environment in such a way as it sounds similar to the work environment you believe the company has adopted.
How would you get to understand and cater to a prospect’s specific needs?
Say that you listen to their needs and then propose a solution that will meet a majority of their needs. If there are any gaps in the product offering, explain that workarounds can be developed to ensure that business runs smoothly.
What is a Sales Executive?
Sales executives are the main and key point of contact between an organisation and its clients: answering queries, offering advice and introducing new products. Their work includes: organising sales visits. demonstrating and presenting products. establishing new business.
Business Development Salaries
Business Development Executive: $40,000
India (INR) : 1.5 Lakhs
Business Development Manager USA: $60,000