Business development Manager Salary In Kerala 2025
Business Development Manager
In Kerala, the average monthly salary for a Business Development Manager is approximately ₹25,445, aligning with the national average.
However, this figure can vary based on factors such as experience, location within the state, and the specific employer.
For instance, in Kochi, the average salary for this role is around ₹30,000 per month.
In Thiruvananthapuram, the average monthly salary is approximately ₹24,656.
Salaries also tend to increase with experience. Entry-level professionals in Kochi earn about ₹295,000 per year, which can rise to ₹383,000 with mid-level experience and up to ₹501,000 at senior levels.
It's important to note that these figures can vary significantly based on the industry, company size, and individual qualifications. For example, at MyG, a company operating in Kerala, the average monthly salary for a Business Development Manager is approximately ₹30,596, which is 11% above the national average.
Overall, while the average salary for a Business Development Manager in Kerala is around ₹25,445 per month, actual salaries can range from ₹24,656 to ₹30,000 or more, depending on various factors.
Driving business growth through relationship-building, revenue growth, and opportunity identification is the responsibility of a Business Development Manager (BDM). Their role is more strategic than a Business Development Executive, as they oversee the development of new business strategies, partnerships, and sales efforts.
Key Responsibilities of a Business Development Manager:
1. Business Growth & Revenue Generation
Develop and execute strategies to expand the company’s business and revenue.
Identify and pursue new business opportunities, including markets, industries, and partnerships.
Achieve sales targets and revenue goals.
2. Lead Generation & Client Acquisition
Identify potential clients and build strong business relationships.
Generate leads through networking, referrals, cold calling, and digital outreach.
3. Market Research & Competitive Analysis
Conduct market research to identify trends, customer needs, and industry gaps.
Analyze competitors and define strategies to maintain a competitive edge.
Suggest improvements in products or services based on market demand.
4. Relationship Management & Partnerships
Build long-term relationships with clients, partners, and key stakeholders.
Maintain high customer satisfaction and address client concerns proactively.
5. Sales & Business Development Strategy
Develop and implement sales plans to drive business growth.
Work with the marketing team to create lead-generation campaigns.
Monitor and evaluate sales performance, adjusting strategies as needed.
6. Team Leadership & Collaboration
Lead and mentor business development executives and sales teams.
Collaborate with internal teams such as marketing, operations, and product development.
Align business development strategies with company goals and objectives.
7. Reporting & Performance Analysis
Track and report sales performance and key business metrics.
Prepare detailed reports on business progress, market trends, and revenue growth.
Present insights and recommendations to senior management.
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