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based on 74 Reviews

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25 Quantsapp Jobs

Business Development Executive

1-2 years

₹ 2 - 2.52L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai

Business Development Executive

Quantsapp

posted 8d ago

Job Role Insights

Fixed timing

Job Description

Skills:

Customer Relationship Management (CRM), Evidence, Market Analysis, Presentations, Job Title:Business Development Executive (BDE) About Quantsapp Founded in 2016, Quantsapp is now Indias Largest Option Analytics platform.

Our application has been made to enable a systematic and smooth experience, making it easier for option enthusiasts to trade.

We have more than 75 Analytical tool which cater data needs of all kinds of Option Traders.

Our software engineers have worked tirelessly to develop products for financial professionals to transform the financial services industry as you know it today, into the dynamic and technology-driven industry of tomorrow.

This includes bringing fresh ideas and making sure that Quantsapp's core values of collaboration, innovation, passion, integrity, and of course, fun are never compromised.

Hard work pays off:we have more than 10,00,000 (and counting!) users of our application within such a short span of time.

Currently, we are not only expanding our business in Mumbai, but we are also widening our horizons globally.

For more details about our company & our products, the links are provided below:Website:https://www.quantsapp.com/ Application:https://play.google.com/store/apps/details?id=com.quantsapp.qapp The candidate will be part of a Quantsapp and taking care of business build by building relationships with potential clients.

All products & services are highly niche.

Candidate will undergo a training in F&O Segment and will have exposure to Derivative analysis through our training programme.

Job Summary Duties:.

Handling Incoming and outbound calls.
  • Working towards converting the potential clients to our clients by providing them detailed information & solving their queries.
  • Build Relationships with existing as well as future clients.

    Partake in strategizing new initiatives for growing business with a quantifiable end product.
  • Rotational Shifts are limited to only 2 instances in month.

    For working on any non-working days (weekends or public holidays) as per the teams requirement, a compensatory off for the same will be provided.

    Key Responsibility Areas (KRAs) Reasonable Revenue Targets linked with very attractive Incentives.

    Criteria for Applying.

    Have an interest in Financial Markets.

    Prior Knowledge of the same will act as an advantage.

    Open to learning new things.

    Good communication skills (Languages known:English, Hindi, Marathi, Telegau, Gujarati, etc.) Any other languages known will provide an edge.
  • Persuasive in nature with good negotiations skills.

    Ability to work in a fast-paced environment.

    Target Driven/Result Oriented Experience:0 to 3 years CTC Offered:incentive Job Location:Andheri East, Mumbai Why work at Quantsapp? INR Up to 3 LPA Plus Incentives.

    Upon consistent performance, an employee can earn upto 40-75% of Salary as their monthly At Quantsapp, you get to be part of one of the largest analytical hub in India which is now growing globally & learn more about Options & Derivative Market from the Industries best leaders through our Training & Development programmes conducted on a periodic basis.

    Also, the young co-workers make it a fun environment to work.

    In terms of monetary benefit, we have one of the best Incentive Plan which provides an opportunity to earn incentives with no upper cap on a monthly basis depending on the target achieved* (Example shared in Annexures below) Additionally, employees are rewarded/awarded on their outstanding performance from time-to-time Also, in order to enable a good work-life balance, all our employees are privileged to a sum of 30 Paid Leaves for one Financial Year on a Pro-Rata Basis* Other Benefits.

    Since the targets are reasonable and achievable, employee gets to enjoy Job Stability despite.

    Opportunity to earn Higher Income with the help of our lucrative incentive structure (Example it being a target-oriented role.

    Attached in Annexure).

    Few of the major factors which differentiates this profile from any other sales job are:.

    Complete Desk Job.

    No Cold Calling involved.

    Focused on single product selling.

    Dress code.

    Formals are not mandatory Leads are provided directly making it easier to have a clientele.

    Incentive provided above Expected Sales = (E-B)*H Advisor has to get 5 -6 Sales to reach to his Expected target and eligible or Incentive.

    Annexure:(Example to understand Incentive Structure) Experience.

    0.

    6 Months Sr No Category Monthly Salary Expected Sales.

    6 Times of Monthly Salary:(A*6) Average Revenue Per Product No of Product Sales required to Reach Target:(B/C).

    .

    .

    .

    .

    .

    .

    .

    .

    .

    .

    .

    Average Monthly Sales No of Product Sales (E/C) Incentive Percentage above Expected Sales Incentive Calculation = (E-B)*H Percentage of Salary as Monthly Incentive Experience.

    6.

    12 Months Sr No Category Monthly Salary Expected Sales.

    6 Times of Monthly Salary:(A*6) Average Revenue Per Product No of Product Sales required to Reach Target (B/C) Average Monthly Sales No of Product Sales (E/C) Incentive Percentage above Expected Sales Incentive Calculation = (E-B).

    H Percentage of Salary as Monthly Incentive Experience.

    12 Months and above Sr No.

    .

    Category Monthly Salary Expected Sales.

    6 Times of Monthly Salary:(A*6) Average Revenue Per Product No of Product Sales required to Reach Target (B/C) Average Monthly Sales No of Product Sales (E/C) Incentive Percentage above Expected Sales Incentive Calculation = (E-B)*H Percentage of Salary as Monthly Incentive 0-6 Month 16000 96000 17699 5 17000 102000 17699 6 15000 90000 17699 5 14 4% 6400 43% 250000 250000 250000 14 4% 6160 39% 14 4% 5920 35% 6.

    12 Months 18000 19000 20000 108000 114000 120000 17699 17699 17699 6 6 7 21000 126000 17699 7 400000 400000 400000 400000 23 4% 23 4% 11680 11440 65% 60% 23 4% 11200 56% 23 4% 10960 52% 12 Month and Above 24000 23000 144000 138000 17699 17699 8 8 25000 150000 17699 8 22000 132000 17699 7 600000 600000 600000 600000 34 4% 18720 85% 34 4% 18480 80% 34 4% 18240 76% 34 4% 18000 72% Advisor has to get 5 -6 Sales to reach to his Expected target and eligible for Incentive.

    Advisor has to get 5 -6 Sales to reach to his Expected target and eligible for Incentive.
  • Incentive provided above Expected Sales = (E-B).

    H.

    Incentive provided above Expected Sales = (E-B).

    H.

  • Employment Type: Full Time, Permanent

    Read full job description

    Quantsapp Interview Questions & Tips

    Prepare for Quantsapp Business Development Executive roles with real interview advice

    What people at Quantsapp are saying

    3.1
     Rating based on 7 Business Development Executive reviews

    Likes

    Only the staff

    Dislikes

    Worst experience to work Double face company Manager and Hr are worst Hr hides many things in interview they will not tell you anything but when you start working you will be have the worst experience unimaginable targets No job security will kicked off very easily with useless reasons They never respect the employee Unethical sal..Read More

    • Salary - Bad
    • +6 more
    Read 7 Business Development Executive reviews

    Business Development Executive salary at Quantsapp

    reported by 19 employees
    ₹1.9 L/yr - ₹3 L/yr
    40% less than the average Business Development Executive Salary in India
    View more details

    What Quantsapp employees are saying about work life

    based on 74 employees
    87%
    38%
    66%
    100%
    Strict timing
    Alternate Saturday off
    No travel
    Day Shift
    View more insights

    Quantsapp Benefits

    Health Insurance
    Team Outings
    Job Training
    Cafeteria
    Work From Home
    Education Assistance +6 more
    View more benefits

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    Quantsapp Mumbai Office Location

    View all
    Mumbai Office
    Headquarter
    Quantsapp Pvt. Ltd. 601 Trade Avenue, Suren Road, Near WEH Metro, Andheri East, Mumbai, Maharashtra 400093 Mumbai
    400093

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