Business Development Manager & Executive

Job Summary:

We are seeking two highly motivated Business Development Managers and Executives to drive growth in the Nutraceutical Formulation sector, focusing on both domestic and export markets. The ideal candidates will have a strong understanding of the nutraceutical or pharmaceutical industry and will be responsible for developing strategies to expand our market presence, build client relationships, and increase revenue.

Key Responsibilities:

• Market Research and Analysis:
• Conduct comprehensive market research to analyze competitors, identify emerging trends, and assess customer preferences in both domestic and export markets.
• Use market data to inform product development and marketing strategies.
• Revenue Targets and Performance:
• Set and monitor annual revenue targets for both domestic and international markets.
• Track performance against targets and implement corrective actions as necessary.
• Industry Representation:
• Represent the company at industry exhibitions and trade shows, promoting products and networking with potential clients.
• Stay informed about market developments and competitor activities.
• Client Relationship Management:
• Build and maintain strong relationships with key clients.
• Understand client needs and deliver tailored solutions that enhance customer satisfaction and loyalty.
• Strategy Development and Implementation:
• Formulate and execute strategies to expand market presence, identifying new business opportunities and strengthening relationships with existing clients.

Qualifications:

• Educational Requirements:
• M.Sc or B.Pharma in relevant fields (Pharmaceuticals, Life Sciences, or related).
• A graduate in Bachelors dBusiness Administration, International Business, or a related field is required. A Masters degree is preferred.
• Industry Experience:
• At least 2-4 years of experience in business development within the nutraceutical or pharmaceutical sectors.
• Proven track record of successful project management and business growth.
• Skills Required:
• Excellent communication and interpersonal skills.
• In-depth knowledge of regulatory requirements for nutraceutical products.
• Strong ability to analyze market data and develop actionable insights.
• Proficiency in negotiating and closing deals.

Desired Profile of the Candidate:

• Proven ability to manage business development projects from inception to completion.
• Demonstrated success in growing revenue and market share within the nutraceutical or pharmaceutical industries.
• Strong networking and relationship-building skills.