Key Responsibilities:
Market Research and Analysis:
Conduct market research to identify potential international markets and assess their suitability for the company’s products or services.
Analyze market trends, competitive landscape, and regulatory environment in target regions.
Business Expansion Strategy:
Develop and implement strategies to enter new international markets and expand the company’s global footprint.
Identify market entry barriers and develop plans to overcome them.
Evaluate potential business models, partnerships, and distribution channels.
Client Relationship Management:
Build and maintain strong relationships with clients, distributors, and partners in international markets.
Serve as the primary point of contact for international clients and address their needs and concerns.
Negotiate contracts, agreements, and pricing terms with international partners.
Sales and Revenue Generation:
Drive international sales growth by identifying sales opportunities, generating leads, and closing deals.
Develop sales forecasts and budgets for international markets.
Monitor sales performance and implement strategies to achieve revenue targets.
Cross-functional Collaboration:
Collaborate with internal teams such as marketing, product development, and finance to support international business initiatives.
Provide market insights and feedback to inform product development and marketing strategies.
Regulatory Compliance:
Prepare regular reports on business development activities, sales performance, and market trends.
Analyze data to evaluate the effectiveness of business development strategies and make recommendations for improvement.
Travel and Relationship Building:
Travel to international markets as needed to meet with clients, attend trade shows, and conduct business negotiations.
Build and maintain a network of contacts and industry relationships in target regions.
Requirements:
Proven experience in international business development, sales, or related roles.
Strong understanding of international business practices, market dynamics, and cultural differences.
Excellent communication, negotiation, and interpersonal skills.
Strategic thinker with the ability to analyze market data and identify growth opportunities.
Results-oriented with a track record of achieving sales targets and driving revenue growth.
Bachelor’s degree in Business Administration, International Business, Marketing, or related field. Master’s degree preferred.
Proficiency in multiple languages may be beneficial, depending on the target regions.