At a Glance
- Tasks: Drive business growth and manage strategic accounts in a dynamic market research environment.
- Company: Join M3 Global Research, a leader in market research with a global reach.
- Benefits: Competitive salary, remote work options, and opportunities for professional development.
- Why this job: Be a key player in shaping client relationships and driving success in a fast-paced industry.
- Qualifications: 5+ years in healthcare market research and strong business development skills required.
- Other info: Mentorship opportunities and a vibrant team culture await you.
The predicted salary is between 72000 - 108000 £ per year.
Due to our continued growth, we are hiring for a Vice President Business Development at M3 Global Research, an M3 company.
About the Business Division: M3 Global Research, part of M3 Inc., provides the most comprehensive and highest quality market research recruitment and support services available to the industry with relationships reaching respondents in more than 70 countries worldwide. M3 Global Research maintains ISO 26362 and ISO 27001 certifications with the highest quality data collection and project management capabilities that cover the spectrum of quantitative and qualitative techniques utilized today. M3 services incorporate all of the most advanced statistical and attitudinal methodologies allowing clients to provide world-class offerings and support services to their end-client customers throughout multiple industry sectors.
Mission of the Role: The Vice President Business Development grows and drives existing accounts. The role will meet quarterly and annual sales targets. Additionally, this individual is responsible for development of processes to ensure all client needs are being met within efficient means, encouraging communication and ongoing education of difficult topics among Sales and Delivery teams and enhancing productivity to address client satisfaction and/or project completion concerns fairly and in a timely fashion. This is the ideal role for someone who is driven by their own success, a strong networker, and an effective teacher and communicator.
Essential Duties and Responsibilities:
- Overall responsibility for the growth and profitability of assigned strategic accounts.
- Ensure that pricing is optimized and follows company pricing policy; scope changes are recosted accurately and discounts where necessary are suitable and appropriate thus providing a consistent sales presence to complement the field-level sales and operations aspects of managing the account(s).
- Utilize account data to create strategies and develop plans that are executed and reviewed on an ongoing basis to grow the business.
- Review accounts monthly versus sales and revenue goals.
- Provide support as necessary for reporting of current sales revenue conversion and other data for internal analysis and client reviews.
- Supervise day-to-day and strategic aspects of accounts.
- Monitor operational aspects of projects acting as necessary as liaison between client and M3.
- Nurture a client-centric culture in your accounts with strong sales behaviours.
- Serve as VP point of escalation for any delivery concerns.
- Collaborate with Global Sales and Delivery teams to develop uniform processes and their distribution among all teams; establish and maintain department procedures; provide feedback and make suggestions striving for continuous improvement and education.
- Support the SVP Business Development as a liaison between the Sales and Delivery teams to ensure client satisfaction is prioritized on all fieldwork projects; on all client-facing activity provide superior customer service to ensure properly executed project fielding and delivery.
- Enable delivery teams' success with correct project handovers and a strong emphasis on proper IKOs (Internal Kick-Off meeting).
- Serve as a CRM advocate assisting with training and being responsible for keeping account data clean and current.
- Serve as contact point for new hire onboarding for the UK Sales team.
- Mentor and advise Client Service Directors and Account Managers serving as a reference to assist with problem solving custom project solutions and fieldwork planning supporting workstreams and delegating coverage as needed.
- Lead client service initiatives regarding procedures and standards to enhance business communication, increase productivity, and increase client satisfaction.
- Attend conferences/trade shows as assigned and professionally represent M3, interact with clients, and assist the marketing effort via dissemination of M3 capabilities and collection of leads.
- Travel as necessary to support on-site client meetings with other Sales and Delivery Team members.
Qualifications:
- Bachelor's degree or equivalent work experience.
- A minimum of 5 years of healthcare market research experience required.
- Business development experience required.
- Exceptional ability to multi-task and prioritise requests.
- Solid relationship building and staff management skills.
- Effective communicator.
- Time management skills.
- Problem solver (seeks answers and resolutions).
- Strong self-discipline & organisational habits.
- Effective use of Outlook, Excel, Word, PowerPoint.
Additional Information:
- Remote Work: No
- Employment Type: Full-time
- Key Skills: Business Development, Financial Services, Revenue Growth, Accounting, Account Management, CRM, Client Relationships, Market Research, Project Management, Strategic Initiatives, Business Relationships, Business Strategy, Sales Goals, Sales Process, Product Development.
VP, Business Development employer: M3USA
Contact Detail:
M3USA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP, Business Development
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a VP role. Attend industry events, webinars, or even casual meet-ups to expand your circle and get your name out there.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers, share your insights on market research trends and strategies. This not only demonstrates your knowledge but also positions you as a thought leader in the field.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you admire, like M3 Global Research, and express your interest in contributing to their growth. A well-timed email can make all the difference!
✨Tip Number 4
Utilise our website! We’ve got loads of resources and tips to help you nail that interview. Plus, applying through our site gives you a better shot at getting noticed by hiring managers. So, what are you waiting for? Get applying!
We think you need these skills to ace VP, Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP, Business Development role. Highlight your relevant experience in healthcare market research and business development. We want to see how your skills align with our mission at M3 Global Research!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've driven growth and built relationships in previous positions. We love a good story!
Showcase Your Communication Skills: As a VP, effective communication is key. In your application, demonstrate your ability to communicate complex ideas clearly. Whether it's through your writing style or examples of past experiences, let us see your skills in action!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re serious about joining the M3 Global Research team!
How to prepare for a job interview at M3USA
✨Know Your Numbers
As a VP of Business Development, you'll need to demonstrate your understanding of sales metrics and account growth. Brush up on your past achievements, like revenue growth percentages and client retention rates, so you can confidently discuss how you've driven success in previous roles.
✨Showcase Your Networking Skills
This role requires strong relationship-building abilities. Prepare examples of how you've successfully nurtured client relationships or expanded networks in the healthcare market research sector. Be ready to discuss your approach to maintaining these connections and how they’ve benefited your previous employers.
✨Demonstrate Strategic Thinking
M3 Global Research values strategic planning. Come prepared with a few ideas on how you would develop processes to enhance client satisfaction and project completion. Think about how you can leverage data to create actionable strategies that align with their goals.
✨Be Ready to Teach and Communicate
As an effective communicator and teacher, you’ll need to show how you can convey complex information clearly. Prepare to discuss how you've trained teams or mentored colleagues in the past, and be ready to share your philosophy on fostering a client-centric culture within your accounts.