We are presently seeking an engaged, active and passionate Business Developer who will be responsible for identifying, securing, and managing new business opportunities. This role requires a strategic thinker with a deep understanding of market trends, a robust network within the fashion industry, and the ability to foster strong relationships with suppliers and Business customers.
Key Responsibilities:
● Market Analysis and Strategy Development:
o Conduct thorough market research to identify trends, opportunities, and potential risks in the off-price
fashion market.
o Conduct ongoing market research to stay updated with industry developments and competitor activities.
o Gather useful information from customers, suppliers and competitors data to refine business strategies.
o Develop and implement strategic business plans to achieve growth targets and expand market presence.
● Business Development:
o Identify and research potential suppliers and clients and new business opportunities, including
partnerships with suppliers, manufacturers, and retailers.
o Develop and manage strategic partnerships to grow the business.
o Track, identify, and add qualified prospects to the sales and buying pipelines, by use of Corporate ERP/
CRM in line with the set guidelines and SOPs
o Negotiate and secure contracts with new suppliers and clients to expand product offerings and market
reach.
● Relationship Management:
o Build and maintain strong relationships with existing and potential suppliers and clients, ensuring a
steady flow of high-quality products.
o Develop and maintain client relationships, ensuring customer satisfaction and long-term partnerships.
o Coordinate with sales teams to develop mutually beneficial proposals and ensure seamless execution of
business deals.
● Performance Monitoring and Reporting:
o Monitor and analyze the performance of new business initiatives, providing regular reports to senior
management.
o Track and report on the status of proposal components and overall business development activities.
o Identify areas for improvement and implement corrective actions to optimize business development
strategies.
● Sales and Negotiation:
o Prepare and submit sales contracts, ensuring all terms are clearly communicated and agreed upon.
o Negotiate contract terms with suppliers and clients and communicate effectively with stakeholders.
o Work with the pricing department to create competitive rate proposals.
o Make and give presentations to prospective clients and suppliers, and internal executives to showcase the
company’s value proposition.
● Process and Policy Development:
o Create and implement processes and policies to support the overall business development strategy.
o Monitor project teams to ensure contracts are executed as agreed and address any issues promptly.
Qualifications:
● Bachelor’s degree in Business, Marketing, Fashion Management, or a related field.
● 3-5 years of experience in business development, sales, or a related role within the fashion industry, preferably in the off-price market.
● Strong understanding of the off-price fashion market, including key players, market dynamics, and consumer behavior.
● Excellent negotiation, communication, interpersonal skills and strong sense of Team working
● Proven ability to develop and implement successful business strategies.
● Strong analytical skills and the ability to interpret market data and trends.
● Self-motivated, results-driven, and able to work independently as well as part of a team.
● Proficiency in Microsoft Office Suite and CRM software.