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10 Stellar Formulations Industries Jobs

Business Development Executive

3-7 years

₹ 3 - 7L/yr

Mumbai

1 vacancy

Business Development Executive

Stellar Formulations Industries

posted 1mon ago

Job Description

We would prefer candidates who have:


  • Bachelors degree in Pharma, Marketing, or a related field. MBA or advanced degree preferred.
  • Minimum of 2-7 years of experience in Nutra business development, sales, or a related role, with a proven track record of success. (Candidates from Supplements/Ayurvedic/ Multi-Vitamins/ FMCG-Food Industry will be preferred)

Key Responsibilities:

1. Strategy Development:

  • Develop and implement business development strategies to achieve company growth objectives.
  • Identify new markets, business opportunities, and potential clients to drive revenue growth.

2. Market Analysis:

  • Conduct market research and analysis for Nutraceuticals to understand industry trends, competitive landscape, and customer needs.
  • Develop insights and recommendations based on market data to inform strategic decisions.
  • Elaborate on the regulatory aspects of the domestic as well as global markets for Nutraceutical registrations

3. Partnerships and Networking:

  • Build and maintain relationships with key stakeholders, including potential clients, partners, and industry influencers.
  • Represent the company at industry events, conferences, and networking functions.

4. Sales and Negotiation:

  • Lead the negotiation and closure of high-value deals and contracts.
  • Collaborate with the team to develop and implement effective marketing strategies.

5. Team Leadership:

  • Provide guidance and support to the business development team to achieve targets.
  • Foster a collaborative and high-performance work environment.

6. Reporting and Analysis:

  • Monitor and report on business development activities, pipeline progress, and key performance metrics.
  • Prepare and present reports to senior management on business development outcomes and strategic recommendations.

7. Client Engagement:

  • Develop and maintain strong relationships with existing clients to identify opportunities.
  • Ensure a high level of client satisfaction and address any issues or concerns promp

Qualifications:

  • Bachelors degree in Pharma, Marketing, or a related field. MBA or advanced degree preferred.
  • Minimum of 2-7 years of experience in Nutra business development, sales, or a related role, with a proven track record of success. (Candidates from Supplements/Ayurvedic/ Multi-Vitamins/ FMCG-Food Industry will be preferred)
  • Experience of Industry/ regulatory understanding with International Nutraceutical/ Supplements market like US and Europe will be an added advantage.
  • Strong strategic thinking and problem-solving skills.
  • Excellent communication, negotiation, and presentation skills.
  • Demonstrated ability to build and maintain relationships with key stakeholders.
  • Experience leading and managing a team.
  • Proficiency in CRM software and Microsoft Office Suite.
  • Ability to travel as required.

Perks and benefits


- Comprehensive benefits package including healthcare.

  • Opportunities for professional growth and development.
  • A collaborative and supportive work environment.

Employment Type: Full Time, Permanent

Read full job description

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What people at Stellar Formulations Industries are saying

What Stellar Formulations Industries employees are saying about work life

based on 41 employees
53%
94%
47%
100%
Strict timing
Monday to Saturday
No travel
Day Shift
View more insights

Stellar Formulations Industries Benefits

Free Transport
Job Training
Cafeteria
Free Food
Soft Skill Training
Health Insurance +6 more
View more benefits

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