BUSINESS DEVELOPMENT MANAGER

at  DMY JEWELLERS PTE LTD

A Business Development Manager in the jewellery industry plays a pivotal role in driving growth, building relationships, and identifying opportunities to expand the business. Below is an overview of the key responsibilities, skills, and qualifications for this role:
Responsibilities

1. Market Research and Strategy

• Analyze market trends, customer preferences, and competitor activities.
• Identify potential markets, segments, and untapped opportunities.
• Develop business strategies to increase market share and brand presence.

1. Client Acquisition and Relationship Management

• Build and maintain relationships with wholesalers, retailers, and individual clients.
• Identify and approach new business opportunities through networking and referrals.
• Negotiate contracts, pricing, and partnerships to maximize profitability.

1. Sales and Revenue Growth

• Develop and implement strategies to achieve revenue targets.
• Introduce new collections, designs, or services to attract diverse clientele.
• Collaborate with the sales team to drive business initiatives.

1. Brand Promotion and Partnerships

• Represent the brand at trade shows, exhibitions, and industry events.
• Establish partnerships with influencers, designers, and event organizers.
• Work closely with the marketing team to align promotional efforts with business objectives.

1. Operational and Financial Oversight

• Prepare budgets, forecasts, and financial analyses to support growth initiatives.
• Monitor ROI on business development efforts and adjust strategies accordingly.
• Ensure compliance with industry regulations and company standards.

Key Skills

• Business Acumen: Deep understanding of the jewellery market, including gemstones, metals, and design trends.
• Sales and Negotiation: Expertise in closing high-value deals and managing client relationships.
• Networking and Relationship Building: Ability to connect with industry stakeholders, clients, and partners.
• Strategic Thinking: Capacity to identify growth opportunities and execute plans effectively.
• Communication and Presentation: Persuasive communication to represent the brand and its value proposition.
• Leadership and Team Collaboration: Coordinating with cross-functional teams to achieve objectives.

Qualifications

• A Master ‘s degree in business administration, marketing, or a related field.
• Experience in the jewellery or luxury retail sector is highly preferred.
• Proven track record in sales, client acquisition, and revenue generation.
• Familiarity with CRM tools and sales software.

All Races welcom

Please refer the Job description for details