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Business Development Manager

Job Title: Business Development Manager – Automotive Engineering Services

Overview:

The Business Development Manager will drive revenue growth by selling Product Engineering Services (PES) to clients in the Transportation and Automotive segments across North America. The role focuses on building and maintaining strategic relationships, winning new contracts, and fostering business opportunities with key decision-makers.

Key Responsibilities:

  • Revenue Growth: Achieve and exceed sales targets by securing new contracts and developing long-term client partnerships in the Automotive domain.
  • Sales Strategy Execution: Drive sales of PES to the Automotive and Transportation sectors, leveraging market insights and a consultative sales approach.
  • Relationship Management: Establish and nurture relationships with C-suite executives to unlock new market opportunities and expand business reach.
  • Forecasting & Monitoring: Accurately predict and achieve annual, quarterly, and monthly revenue targets, while continuously tracking progress and identifying areas for growth.
  • Contract Negotiation: Manage negotiations of contractual terms and conditions, ensuring alignment with organizational goals and smooth project transitions with technical and proposal teams.
  • Pipeline Development: Build and maintain a pipeline of qualified sales opportunities through proactive prospecting and lead generation efforts.
  • Process Improvement: Identify opportunities to enhance the sales process and explore new business opportunities.
  • Delivery Model Expertise: Demonstrate a strong understanding of offshore and global delivery models to align service offerings with client needs.

Requirements:

  • Experience: 10–15 years of professional experience, including 5–10 years in business development within the US market.
  • Domain Expertise: 4–6 years of hands-on experience selling engineering services within the Automotive sector.
  • Leadership Skills: Team management experience is a strong advantage.
  • Key Competencies: Proven track record in achieving revenue goals, excellent negotiation skills, strategic relationship-building capabilities, and a deep understanding of global delivery models.

Average salary estimate

$135000 / YEARLY (est.)
min
max
$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Development Manager, Knowhirematch

Are you ready to lead the charge in driving revenue growth? Join us as a Business Development Manager at a dynamic company focused on Automotive Engineering Services! In this exciting role, you'll be at the forefront of selling Product Engineering Services (PES) to clients in the Automotive and Transportation segments across North America. Your mission is to build and maintain strategic relationships with key decision-makers while securing new contracts. If you have a knack for developing long-term partnerships and are passionate about the automotive industry, this is the perfect opportunity for you. You’ll exceed sales targets and create robust strategies that leverage your market insights. Building trust with C-suite executives will be your superpower as you unlock new market opportunities and expand our reach. You'll also engage in negotiations to ensure smooth project transitions, track your progress through forecasting, and continuously identify areas for improvement. We’re looking for someone with 10–15 years of professional experience, including 5–10 years in business development, with a strong emphasis on selling engineering services in the Automotive sector. Leadership skills are a big plus as you work collaboratively with teams to achieve common goals. If you're driven and looking to make a significant impact in a growing field, we can’t wait to meet you!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Knowhirematch
What are the key responsibilities of the Business Development Manager at this Automotive Engineering Services company?

The Business Development Manager is responsible for driving revenue growth by achieving and exceeding sales targets, securing new contracts, and nurturing significant relationships within the Automotive domain. They execute targeted sales strategies, manage contract negotiations, and develop a robust pipeline of sales opportunities.

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What experience is required to apply for the Business Development Manager role in Automotive Engineering Services?

To qualify for the Business Development Manager position, candidates should have 10–15 years of professional experience, with at least 5–10 years in business development within the US market. A strong background in selling engineering services, particularly in the Automotive sector, is essential to succeed in this role.

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How does the Business Development Manager contribute to revenue growth in the automotive market?

The Business Development Manager plays a crucial role in contributing to revenue growth by establishing long-term partnerships, identifying new market opportunities, and leveraging consultative sales approaches. Their ability to maintain relationships with key executives is instrumental in driving growth in the automotive market.

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What skills are essential for a successful Business Development Manager in the automotive sector?

Essential skills for a successful Business Development Manager include strong negotiation capabilities, strategic relationship-building, experience in achieving revenue goals, and a profound understanding of global delivery models to align service offerings with client needs in the automotive sector.

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What type of company culture can a Business Development Manager expect in this Automotive Engineering Services role?

In this Automotive Engineering Services company, the culture is collaborative and growth-oriented. Business Development Managers are encouraged to innovate, share ideas, and take the initiative in building relationships with clients, fostering an environment where teamwork and strategic thinking are valued.

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Common Interview Questions for Business Development Manager
Can you share your experience in business development within the automotive industry?

Highlight specific projects or contracts you've successfully secured, emphasizing your techniques for developing client relationships and your understanding of the automotive market.

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What strategies do you use for achieving sales targets?

Discuss your approach to market research, networking, and using a consultative sales strategy to identify and act on new business opportunities, backed by relevant metrics.

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How do you build relationships with C-suite executives?

Share your best practices for establishing communication, understanding their needs, and how you provide value through customized solutions.

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Can you describe a challenging negotiation you’ve handled?

Provide an example that demonstrates your negotiation skills, outlining the challenges faced, strategies used, and the positive outcome achieved.

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What methods do you employ for pipeline development?

Explain your proactive prospecting techniques and lead generation activities, focusing on how you prioritize and manage potential clients effectively.

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How do you forecast revenue and track your sales performance?

Discuss the tools or methodologies you use for accurate forecasting and how you monitor your sales pipeline to adjust strategies as needed.

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In your opinion, what is the key to successful contract negotiation?

Emphasize the importance of understanding client needs, aligning them with organizational goals, and maintaining open communication throughout the negotiation process.

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What role does market research play in your sales strategy?

Share how you leverage market insights to identify trends and opportunities, and how this informs your sales strategy and approach to prospects.

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How do you handle setbacks in the sales process?

Talk about your resilience and adaptability, including specific strategies for learning from setbacks and pivoting your approach.

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Why do you want to work as a Business Development Manager in our company?

Articulate your passion for the automotive sector, the company’s vision, and how your skills align with their goals, showcasing your enthusiasm for contributing to their success.

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TEAM SIZE
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LOCATION
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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 5, 2024

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