Our Client, Soft Tech Ltd, is looking for a Business Development Executive will be responsible for driving revenue growth by identifying, engaging, and converting prospects across the company’s Lines of Business (LOBs). The role requires a strong understanding of sector-specific value propositions, consultative selling skills, and the ability to work closely with internal subject matter experts to move opportunities from initial engagement through to deal closure.
Key responsibilities include;
1. Understanding Value Proposition & Market Segmentation
- Develop a strong understanding of the company’s Lines of Business (LOBs) and their value propositions across key industry sectors.
- Translate LOBs’ technical and functional capabilities into clear business value for prospects.
- Stay informed on industry trends, competitor offerings, and customer challenges relevant to each sector.
2. Prospect Identification & Qualification
- Identify and profile appropriate prospects aligned to each LOB and target sector.
- Conduct market research to build and maintain a robust sales pipeline.
- Qualify leads based on business needs, decision-making authority, budget, and readiness.
3. Stakeholder Mapping & Relationship Building
- Identify key stakeholders within prospect organizations, including business, technical, and executive decision-makers.
- Develop and execute stakeholder engagement strategies tailored to each LOB.
- Build and maintain strong, trust-based relationships with prospects over the full sales cycle.
- Partner engagement and coordinating and aligning joint opportunities where applicable
4. Engagement, Presentations & Demos
- Engage prospect stakeholders and effectively position LOB offerings to generate interest.
- Secure meetings, presentations, and product demonstrations.
- Collaborate closely with LOB Subject Matter Experts (SMEs) to prepare and deliver compelling presentations and demos aligned to prospect needs.
5. Needs Discovery & Value Alignment
- During engagements, identify the prospect’s business requirements, challenges, and pain points.
- Map prospect needs to relevant LOB capabilities and articulate how the solutions address those needs.
- Contribute to refining value propositions based on real market feedback.
6. Opportunity Advancement & Deal Closure
- Manage opportunities from the post-presentation stage through Proof of Concept (PoC), where applicable.
- Work with internal teams to define PoC scope, success criteria, and timelines.
- Lead prospects from PoC to proposal development, negotiation, and deal closure.
- Support review and response preparation for EOIs, RFP/RFQ in collaboration with technical and management teams.
- Ensure accurate sales forecasting and pipeline reporting