At a Glance
- Tasks: Lead business growth by finding new clients and maintaining existing relationships.
- Company: Join Marken, a UPS subsidiary, specializing in healthcare logistics and clinical drug distribution.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and networking.
- Why this job: Make an impact in healthcare logistics while developing your sales and negotiation skills.
- Qualifications: Bachelor's degree and 5-7 years of sales or marketing experience required.
- Other info: Work closely with senior management and contribute to strategic planning.
The predicted salary is between 43200 - 72000 £ per year.
Title: Business Development Director
Job Purpose:
A Business Development Director works to improve an organization’s market position and achieve financial growth. This person defines long-term organizational strategic goals, builds key customer relationships, identifies business opportunities, negotiates and closes business deals and maintains extensive knowledge of current market conditions. Business Development Directors work in a senior sales position within the company. It is their job to work with their internal team, marketing staff, and other Directors and Managers to increase sales opportunities and thereby maximize revenue for Marken.
To achieve this, they need to find potential new customers, present to them, ultimately convert them into clients, and continue to grow business in the future. The Business Development Director will also help manage existing clients and ensure they stay satisfied and positive. They call on clients, often being required to make presentations on solutions and services that meet or predict their clients’ future needs.
Main Duties and Responsibilities:
The primary role of the Business Development Director is to prospect for new clients by networking, cold calling, advertising or other means of generating interest from potential clients. They must then plan persuasive approaches and pitches that will convince potential clients to do business with the company. They must develop a rapport with new clients, set targets for sales, and provide support that will continually improve the relationship. They are also required to grow and retain existing accounts by presenting new solutions and services to clients.
Business Development Directors work with mid and senior level management, marketing, and technical staff. He/she may manage the activities of others responsible for developing business for the company. Strategic planning is a key part of this job description, since it is the business manager’s responsibility to develop the pipeline of new business coming in to the company. This requires a thorough knowledge of the market, the solutions/services the company can provide, and of the company’s competitors. While the exact responsibilities will vary, the main duties of the Business Development Director can be summarized as follows:
New Business Development
- Prospect for potential new clients and turn this into increased business.
- Cold call as appropriate within your market or geographic area to ensure a robust pipeline of opportunities.
- Meet potential clients by growing, maintaining, and leveraging your network.
- Identify potential clients, and the decision makers within the client organization.
- Research and build relationships with new clients.
- Set up meetings between client decision makers and company’s practice leaders/Principals.
- Plan approaches and pitches.
- Work with team to develop proposals that speak to the client’s needs, concerns, and objectives.
- Participate in pricing the solution/service.
- Handle objections by clarifying, emphasizing agreements and working through differences to a positive conclusion.
- Use a variety of styles to persuade or negotiate appropriately.
- Present an image that mirrors that of the client.
Client Retention
- Present new products and services and enhance existing relationships.
- Work with technical staff and other internal colleagues to meet customer needs.
- Arrange and participate in internal and external client debriefs.
Business Development Planning
- Attend industry functions, such as association events and conferences, and provide feedback and information on market and creative trends.
- Present to and consult with mid and senior level management on business trends with a view to developing new services, products, and distribution channels.
- Identify opportunities for campaigns, services, and distribution channels that will lead to an increase in sales.
- Using knowledge of the market and competitors, identify and develop the company’s unique selling propositions and differentiators.
Management and Research
- Ensure that data is accurately entered and managed within SalesForce.
- Track and record activity on accounts and help to close deals to meet these targets.
- Research and develop a thorough understanding of the company’s people and capabilities.
- Understand the company’s goal and purpose so that will continually enhance the company’s performance.
Requirements:
Education
- A bachelor’s degree
- 5-7 years of sales or marketing experience.
Other Skills and Qualifications
- Networking
- Persuasion
- Prospecting
- Public Speaking
- Research
- Writing
- Closing Skills
- Motivation for Sales
- Sales Planning
- Identification of Customer Needs and Challenges
- Territory Management
- Market Knowledge
- Meeting Sales Goals
- Professionalism
- SalesForce CRM, and Microsoft Office.
Marken is a wholly owned subsidiary of UPS and is a critical part of UPS Healthcare. Marken offers a state-of-the-art GMP-compliant depot network and logistic hubs for clinical drug product storage and distribution worldwide, and supports cell and gene therapy logistics services from clinical to commercial, while maintaining the leading position for Direct-to-Patient and Home Healthcare services, biological sample shipments and biological kit production.
Moving Our World Forward by Delivering What Matters.
Business Development Director employer: Marken Ltd.
Contact Detail:
Marken Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Director
✨Tip Number 1
Networking is key for a Business Development Director. Attend industry events, conferences, and local meetups to connect with potential clients and decision-makers. Building relationships in person can significantly enhance your chances of landing the job.
✨Tip Number 2
Familiarize yourself with the latest market trends and competitors in the industry. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the business landscape, which is crucial for a role focused on strategic planning.
✨Tip Number 3
Practice your public speaking and presentation skills. As a Business Development Director, you'll need to present solutions to clients effectively. Consider joining a local Toastmasters club or similar group to refine these skills before applying.
✨Tip Number 4
Leverage your existing network to gather insights about the company and its culture. Reach out to current or former employees on LinkedIn to learn more about their experiences, which can give you an edge during the interview process.
We think you need these skills to ace Business Development Director
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Business Development Director. Highlight your experience in sales, client management, and strategic planning in your application.
Tailor Your CV: Customize your CV to reflect the skills and experiences that align with the job description. Emphasize your networking abilities, persuasion skills, and any relevant achievements in business development.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for business development and your understanding of the market. Use specific examples from your past experiences to demonstrate how you can contribute to Marken's growth.
Showcase Relevant Skills: In your application, be sure to highlight key skills such as public speaking, research, and closing deals. Mention your proficiency with SalesForce CRM and Microsoft Office, as these are important tools for the role.
How to prepare for a job interview at Marken Ltd.
✨Know Your Market
Make sure to research the current market conditions and trends relevant to the company. Understanding the competitive landscape will help you articulate how you can contribute to the organization's growth.
✨Demonstrate Your Networking Skills
Be prepared to discuss your networking strategies and how you've successfully built relationships in the past. Highlight specific examples where your connections led to new business opportunities.
✨Prepare Persuasive Pitches
Practice your approach and pitch for potential clients. Tailor your presentation to address their specific needs and concerns, showcasing how your solutions can benefit them.
✨Showcase Client Retention Strategies
Discuss your experience in maintaining and growing existing client relationships. Provide examples of how you've presented new products or services that enhanced client satisfaction and loyalty.