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Retail Business Development Manager

As a market leader in loyalty solutions, Dsquares focuses on enhancing customer engagement through innovative loyalty programs and strategies tailored to the retail sector. Our mission is to connect brands with their customers, deepening relationships and creating unforgettable experiences.


Join a Dynamic Team!
At Dsquares, we pride ourselves on fostering a creative and collaborative work environment. If you're looking to take your career to the next level and make a real impact, we want you to be part of our journey.

About The Role:
As a Retail Business Development Manager, you will be tasked with spearheading the growth of our business within the retail sector. Your role will involve identifying new business opportunities, developing strategic partnerships, and implementing plans designed to expand our presence in the retail industry. You'll work closely with the sales team to create compelling proposals and reports that highlight the value of our services and drive revenue growth.

Key Duties & Responsibilities:

  • Lead Business Development Efforts: Focus on selling loyalty solutions to major retailers across the region, driving strategic sales and partnerships.
  • Target Identification: Identify and target large retailers as potential opportunities for loyalty solutions.
  • Relationship Building: Build and maintain strong, long-lasting relationships with key decision-makers.
  • Tailored Proposals: Develop and present customized loyalty solutions that align with client-specific needs and objectives.
  • Sales Cycle Management: Drive the entire sales cycle, from lead generation and prospecting to deal negotiation and closure.
  • Collaboration: Work closely with internal teams to ensure smooth and efficient project implementation for clients.
  • Revenue Growth: Strategically enhance revenue by leveraging partnerships and tailored sales initiatives.

Required Skills & Abilities:

  • Proven experience in business development, specifically in the retail sector.
  • Excellent communication and interpersonal skills.
  • Exceptional negotiation abilities and a strong customer-focused mindset.
  • Ability to develop and implement strategic plans and projects.
  • Strong analytical skills with the ability to assess market trends and customer needs.
  • Willingness to travel as necessary to meet clients and partners.

Education & Experience:

  • 7+ years in sales or business development, preferably in loyalty, fintech, or retail solutions.
  • Proven success in selling to large retailers and closing high-value deals..
  • BSc/BA in business administration, marketing, or relevant field; relevant certifications are a plus.
  • Comprehensive understanding of the retail industry dynamics.
  • Proven track record of successfully acquiring new clients and exceeding sales targets.
  • Familiarity with loyalty programs or customer engagement strategies is highly desirable.

  • Comprehensive Wellbeing: Enjoy peace of mind with our private medical insurance and life cover, plus extra days off for every year you're part of the team.
  • Financial Growth: Reap the rewards of your hard work with our annual profit share and competitive compensation packages.
  • Work-Life Balance: Achieve optimal well-being with our hybrid work environment, generous maternity and paternity benefits, and regular team-building events.
  • Continuous Development: Expand your horizons through our commitment to learning and development opportunities.
  • Perks and Privileges: Celebrate your journey with us through birthday offs, mobile allowances, transportation support, and a host of other employee-centric perks.
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Average salary estimate

$115000 / YEARLY (est.)
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$100000K
$130000K

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What You Should Know About Retail Business Development Manager, Dsquares

Are you ready to step into an exciting role that can propel your career forward? At Dsquares, a market leader in loyalty solutions, we're looking for a Retail Business Development Manager who is passionate about customer engagement and innovative loyalty programs tailored for the retail sector. In this position, you'll drive the growth of our business, identifying new opportunities and cultivating strategic partnerships with major retailers. You'll collaborate closely with our dynamic sales team to craft compelling proposals that showcase the value of our services and help to expand our reach in the market. Your responsibility will also include building enduring relationships with decision-makers, managing the entire sales cycle, and ensuring successful project implementation. We believe in fostering a creative and collaborative work environment to help you thrive. With 7+ years of sales or business development experience, particularly within loyalty or retail solutions, you will play a vital role in enhancing revenue through tailored initiatives. Plus, we prioritize your well-being and development with benefits like flexible work arrangements, private medical insurance, and continuous learning opportunities. If you're looking to join a team that values innovation, collaboration, and growth, then Dsquares is the place to be. Let's create unforgettable customer experiences together!

Frequently Asked Questions (FAQs) for Retail Business Development Manager Role at Dsquares
What are the key responsibilities of a Retail Business Development Manager at Dsquares?

As a Retail Business Development Manager at Dsquares, your primary focus will be on driving growth within the retail sector by identifying new business opportunities, building relationships with retailers, and managing the entire sales cycle. You will work with major retailers to develop tailored loyalty solutions that align with their specific needs, significantly impacting revenue and customer engagement.

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What experience is required to become a Retail Business Development Manager at Dsquares?

Candidates for the Retail Business Development Manager role at Dsquares should have a minimum of 7 years of experience in sales or business development, particularly within the retail or loyalty solutions sector. Experience closing high-value deals and a strong understanding of retail industry dynamics are essential for success in this position.

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What skills should a successful Retail Business Development Manager possess at Dsquares?

A successful Retail Business Development Manager at Dsquares must excel in communication and interpersonal skills, have exceptional negotiation abilities, possess strong analytical skills, and be capable of developing strategic plans. A customer-focused mindset and the willingness to travel for client meetings are also crucial to succeed in this role.

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How does Dsquares support the professional growth of its Retail Business Development Managers?

At Dsquares, we are committed to the continuous development of our team members. Retail Business Development Managers benefit from various learning and development opportunities, mentorship programs, and regular team-building events that provide both personal and professional growth in a supportive environment.

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What are the benefits of working as a Retail Business Development Manager at Dsquares?

Working as a Retail Business Development Manager at Dsquares comes with a comprehensive benefits package, including private medical insurance, life cover, generous paid time off, profit-sharing opportunities, and hybrid work arrangements. These perks, along with a culture that promotes work-life balance, ensure that our team members are well taken care of.

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Common Interview Questions for Retail Business Development Manager
Can you describe your experience in business development within the retail sector?

When answering this question, provide specific examples of your previous business development roles, focusing on successes and challenges you faced while targeting retailers. Be sure to highlight your ability to identify opportunities, build relationships, and close deals.

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How do you approach building relationships with key decision-makers in retail?

Discuss your strategy for relationship-building, focusing on establishing trust, understanding their business needs, and consistently providing value. Mention any tools or techniques you've successfully used to foster long-lasting connections.

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What strategies would you implement to engage retailers with loyalty solutions?

Share your thoughts on the importance of understanding a retailer's unique selling propositions and tailoring loyalty solutions accordingly. Discuss any successful strategies that you've implemented in the past and how they've driven engagement.

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Describe your process for managing the entire sales cycle.

Your response should detail each step of the sales cycle, from lead generation and prospecting to negotiation and closure. Emphasize your ability to adapt your approach based on client feedback and market trends.

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Can you give an example of a successful partnership you've established in the industry?

Provide a brief overview of a partnership you developed, focusing on the steps you took to establish it, the challenges faced, and the positive outcomes for both parties. Highlight the skills you used to facilitate this partnership.

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What tools do you find helpful for tracking market trends and client needs?

Discuss any CRM systems, market research tools, or data analytics platforms you utilize to assess trends. Emphasize how these tools help you stay informed and make data-driven decisions.

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How do you handle objections during negotiations with retailers?

Explain how you approach objections as opportunities for deeper conversation. Share techniques you use to understand the retailer's perspective and tailor your responses to address their concerns.

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What methods do you use to create compelling sales proposals?

Discuss your approach to proposal creation, emphasizing the importance of understanding the client's needs, the benefits of your solution, and how you structure the proposal to make it visually appealing and easy to digest.

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How would you measure the success of a loyalty program?

Your answer should include specific KPIs such as customer retention rates, engagement metrics, and overall sales growth linked to the program. Highlight any tools or methods you use for measurement and analysis.

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Why do you want to work as a Retail Business Development Manager at Dsquares?

Be sincere in your response while aligning your answer with Dsquares' mission to enhance customer engagement. Discuss how your values resonate with the company culture and your eagerness to contribute to innovative loyalty solutions in the retail sector.

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TEAM SIZE
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 24, 2024

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