Business Development Manager
4 days ago
The Business Development Manager (BDM) at SABAREES TRADING PTE. LTD. plays a pivotal role in expanding the company's Minimart business, driving sales growth, and ensuring overall profitability. This position involves identifying market opportunities, managing client relationships, enhancing brand presence, and developing strategies to boost product offerings and store visibility. The BDM works closely with operations, marketing, and supply chain teams to ensure growth and success within a highly competitive retail environment.
Key Responsibilities:- Market Expansion and Strategy Development:
- Conduct market research to identify trends, customer needs, and competitor activity.
- Develop strategic plans to increase store foot traffic, improve sales, and expand the customer base.
- Identify new market opportunities for store locations and online platforms.
- Sales and Revenue Growth:
- Negotiate with suppliers, manufacturers, and vendors to ensure competitive pricing and timely delivery of products.
- Monitor store performance and adjust strategies as needed to optimize sales.
- Oversee promotional campaigns, product launches, and seasonal offers to drive sales.
- Customer Relationship Management:
- Build and maintain long-term relationships with key customers and community stakeholders.
- Develop loyalty programs or customer engagement strategies to increase repeat business.
- Collect customer feedback to improve the store's offerings and services.
- Supplier and Vendor Management:
- Negotiate favorable terms with suppliers, ensuring cost-effective purchases without compromising product quality.
- Establish and maintain strong relationships with key suppliers to ensure an optimal inventory mix.
- Monitor inventory turnover and work with the operations team to ensure products are available when needed.
- Brand Development and Marketing:
- Work with the marketing team to enhance the Minimart's brand presence and visibility in local communities.
- Implement digital marketing strategies, including social media, email campaigns, and website management, to build awareness.
- Manage and optimize local advertising, such as flyers, billboards, and event sponsorships.
- Operational Support and Collaboration:
- Collaborate with store management and the operations team to ensure efficient day-to-day business activities.
- Support store teams in achieving operational goals, including improving customer service, product availability, and store cleanliness.
- Conduct staff training on product knowledge, sales techniques, and customer service practices.
- Financial Management:
- Monitor sales data and financial performance to track profitability and ensure budgets are adhered to.
- Prepare regular reports on business performance, sales progress, and market trends.
- Develop pricing strategies to remain competitive while ensuring profitability.
- Competitive Analysis and Reporting:
- Conduct regular competitive analysis to keep track of pricing, promotions, and new products.
- Identify new trends in the retail space that could benefit the Minimart's growth and customer appeal.
- Provide feedback and strategic recommendations to senior management for business development initiatives.
This is an exciting opportunity for a motivated individual to join our team and contribute to the success of SABAREES TRADING PTE. LTD.'s Minimart business. We offer a competitive salary of SGD 8,500 - 10,000 per month, depending on experience.
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