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Business Development Manager
1 month ago
We are seeking a highly motivated and results-driven Business Development Manager to join our team in Johannesburg. As a key member of our sales team, you will be responsible for driving business growth through new customer acquisition and expansion of existing relationships.
About the Role:
- Develop and execute strategic plans to achieve business objectives and meet sales targets.
- SOURCE leads and potential clients by cultivating strong relationships with third parties, partner companies, and existing clients.
- Generation and conversion of self-sourced leads through referrals, networks, and research.
- Proactive mining defined sources of business to acquire new subscriptions.
- Development of a pipeline to work from through referrals, marketing online, word of mouth, networking with current clients.
- Present, promote, and sell products to existing and potential customers while ensuring the offering meets their needs.
- Follow up on leads provided and regular engagement with existing and prospective customers.
- Ensure accuracy of client documentation and manage company requirements.
- Maintain a high level of relevant product knowledge to have meaningful conversations with customers.
- Report on sales activities to management on a weekly basis.
- Provide feedback to management on ways to enhance sales, improve the company brand, and opportunities to deliver greater value to customers by extending customer offerings.
- Interact with clients according to client-first principles and conduct needs analysis to assist clients in understanding their requirements.
- Implement a sales approach in line with the Customer Value Proposition (CVP) framework, applying individual sales techniques, approaches, and methods to conduct needs analysis and proactively engage prospective customers to acquire sales.
- Plan and execute work to achieve service level agreements, standards, and turnaround times in line with the value proposition.
- Follow sales and other processes to accurately and efficiently process customer documentation requirements for products sold.
- Understand and remain updated with FAIS complete disclosure to clients regarding accreditation, service fees, and commission as outlined in terms of the Financial Advisory and Intermediary Services Act (FAIS).
- Ensure record-keeping requirements as outlined by FAIS and the Financial Intelligence Centre Act (FICA) are implemented and adhered to.
- Ensure compliance with all applicable legislative requirements such as the Code of Banking Practice, National Credit Act, Companies Act, Consumer Protection Act, etc.
- Ensure implementation and adherence to all internal risk-related policies and guidelines.
Requirements:
- National Diploma in Sales, Marketing, or a related field (NQF 6 advantageous).
- FAIS advantageous.
- E5 accreditation advantageous.
- Years in a business-to-business sales environment occupying a sales-related position.
- Relevant business development experience will be an advantage.
- Own transport and valid driver's license.
Estimated Salary: R450,000 - R550,000 per annum based on qualifications, experience, and performance.