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Business Development
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Business Development

Business Development at a digital payment solution · Gurugram, Bengaluru (Bangalore) · 4 - 9 years · ₹18L - ₹25L / yr · Posted 6 Mar 2023

Qrata's logo

Business Development

at a digital payment solution

Agency job
via Qrata
4 - 9 yrs
₹18L - ₹25L / yr
Gurugram, Bengaluru (Bangalore)
Skills
Sales
Business Development
Communication Skills
Effective communication
MS-Excel
MS-Word
MS-PowerPoint
Job Summary
The Business Development professional has to identify growth opportunities and build strategies to pursue them. He/she positions ePayLater products and/or services and ensures closure and implementation of the product/service. He/she must also maintain fruitful relationships with existing partners by interfacing with their mid/senior management teams and driving business outcomes. One should have excellent communication and negotiation skills, as well as the ability to work independently.

Responsibilities
● Research organizations and individuals online to identify new leads and potential new markets.
● Initiate partnerships with new accounts and actively manage existing relationships, being their P.O.C. for ePayLater.
● Screening potential business deals by analyzing market strategies, deal requirements, potential,
and financials; evaluating options; resolving internal priorities.
● Identifying, negotiating & managing strategic relationships with potential clients. Prepare business presentations, and proposals & showcase company capabilities to prospective clients.
● Close new business deals by coordinating requirements; developing and negotiating contracts;
integrating contract requirements with business operations.
● Attend conferences, meetings, and industry events.
● Sustaining and growing relationships which translates to a growth in business volume.
● Tracking and improving the performance of key business metrics for his/her accounts (like
conversions, transactions, etc.) to maintain partnerships’ growth.
● Closely coordinate with internal teams like marketing, product, and operations for implementation of merchant-related action items (eg. mktg campaigns, performance-regulating product changes, and day-to-day issue resolutions, among others)
● Exploring and evaluating new business and revenue opportunities for ePayLater to venture into,
through market research.
● Continuously research new products/services that can add to ePayLater’s topline.
● Provide insights into customer behavior and give suggestions to product and marketing teams.
● Updating job knowledge by participating in educational opportunities; reading professional
publications; maintaining personal networks; participating in professional organizations.
● Driving business growth through the identification & penetration of new markets.

Requirements
● 4+ years of relevant experience in sales and business development (MBA preferred).
● Hands-on experience with MS Excel, Word, and Powerpoint.
● Ability to generate data insights from large datasets.
● Passionate about sales and skilled in negotiation.
● Creativity & Initiative - demonstrate creativity & originality in your work and have the personal
drive and initiative to bring about change and help take the business forward.
● Effective communication and interpersonal skills, with an ability to work independently.
● Basic analytical and problem-solving skills.
● Ability to coordinate across functions and teams (internal and external) to deliver output.
● Prior experience in the payments/ credit bureau/ financial industry would be an advantage.
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Shubham Vishwakarma's profile image

Shubham Vishwakarma

Full Stack Developer - Averlon
I had an amazing experience. It was a delight getting interviewed via Cutshort. The entire end to end process was amazing. I would like to mention Reshika, she was just amazing wrt guiding me through the process. Thank you team.
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Preferred Qualifications

Industry Experience

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Achievements

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  • Recognition in industry forums or publications


 

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Key Responsibilities


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* Identify potential customers and new market opportunities.

* Generate qualified leads through direct outreach, LinkedIn, email, networking and partnerships.

* Conduct product presentations and demonstrations.

* Understand customer requirements and recommend appropriate solutions.

* Manage the complete sales/business development cycle from prospecting to closure.

* Build relationships with business owners, HR managers, decision-makers and enterprise clients.

* Develop channel, referral and strategic partnerships.

* Negotiate pricing, commercial terms and contracts.

* Maintain an accurate sales pipeline and CRM records.

* Achieve monthly, quarterly and annual revenue targets.

* Monitor competitors and provide market intelligence.

* Work closely with product, technology and customer-support teams.

* Collect customer feedback and communicate product opportunities to management.

* Prepare regular sales forecasts and business development reports.


Required Skills


* 3–5 years of experience in B2B sales/business development, preferably SaaS or technology.

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* Lead generation and prospecting skills.

* Excellent presentation and product-demo skills.

* Strong negotiation and closing ability.

* CRM experience.

* Excellent verbal and written communication.

* Strong relationship-building and networking skills.

* Target-oriented and self-motivated.

* Ability to work independently in a startup environment.


Preferred Experience


Experience selling any of the following is an advantage:


* HRMS / HRM software

* Payroll software

* ERP / business software

* E-commerce platforms

* SaaS products

* Cloud-based business applications

* B2B technology solutions


Performance KPIs


* Qualified leads generated

* Product demonstrations completed

* New customers acquired

* Monthly recurring revenue (MRR) generated

* Annual recurring revenue (ARR) generated

* Conversion rate

* Sales pipeline value

* Customer acquisition cost

* Revenue collected


Ideal Candidate


We are looking for someone who is hands-on, commercially driven and capable of building the sales pipeline from the ground up. The candidate should be comfortable working in a growing technology company and should take ownership of revenue generation rather than relying only on inbound leads.

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Shubham Vishwakarma

Full Stack Developer - Averlon
I had an amazing experience. It was a delight getting interviewed via Cutshort. The entire end to end process was amazing. I would like to mention Reshika, she was just amazing wrt guiding me through the process. Thank you team.
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