What Is a Business Development Executive

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  • čas přidán 12. 06. 2024
  • Learn what a business development executive is, how it works, and whether it's a career you should be interested in. Join the Ultimate Online Sales Masterclass Sales Legacy or Watch our Free 1-Hour Training: www.saleslegacy.com/
    🔔 SUBSCRIBE to Patrick Dang NOW: / @patrickdang
    00:00 Intro to What Is a Business Development Executive
    00:24 Defining Business Development Executive
    02:23 Sales Prospecting and Lead Generation
    05:09 Qualifying Prospects
    07:43 Closing Deals
    08:06 Example of Business Development Job Listing
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    --
    Defining Business Development Executive
    The definition of business development executive: a role in an organization responsible for growth and customer acquisition. You will primarily be responsible for B2B sales and business relationships. You will mainly be talking to clients over the phone, in person or via email. Other names for a business development executive may include business development representative, bdr, business development rep, business development manager, and sales development representative.
    Sales Prospecting and Lead Generation
    The main job of a business development executive is sales prospecting and lead generation. In this role, you'll first need to identify your ICP - ideal customer profile to understand who exactly you are selling to. Once you come up with your ICP you'll need to reach out to these sales prospects with cold calling, cold email, or LinkedIn messages.
    Qualifying Prospects
    Once you generate appointments with your ICP, the next step is to get into a sales meeting and qualify these prospects to see if they will be a good fit to buy your products and services.
    Closing Deals
    In some cases, you'll be closing your own deals as a business development executive. But for most cases, you'll be passing off the deal to an experienced account executive who will close the deal on your behalf.
    --
    Patrick Dang is an international sales trainer who started his career at Oracle in Silicon Valley and quickly became one of the top performers in North America in just one year.
    After gaining experience in both the enterprise and startup world, Patrick began sharing his knowledge of modern sales students worldwide.
    Since then, Patrick has trained over 70,000 students across 150 countries on topics on how to start a career in sales, business development, lead generation, cold email, LinkedIn, cold calling, and sales skills.
    Patrick's vision is to inspire others to pursue their dreams and provide the knowledge and tools to make those dreams a reality.
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    #businessdevelopment #businessdevelopmentexecutive #bdr

Komentáře • 86

  • @patrickdang
    @patrickdang  Před 2 lety +3

    Want to learn how to break into sales and get a high-paying sales role? Join the Ultimate Online Sales Masterclass Sales Legacy OR Watch our Free 1-Hour Training: www.saleslegacy.com/

  • @ratgirl669
    @ratgirl669 Před 2 lety +8

    I’m recently looking to pivot into BD roles and your videos are so illuminating! Very good content Patrick, keep it up 👍🏼

  • @Theminnieminx8
    @Theminnieminx8 Před rokem

    Binge watching all your videos in 2022. Thank you for uploading these videos.

  • @170_shubhranjal2
    @170_shubhranjal2 Před 3 lety

    This was absolutely great. Thanks Man!!!

  • @tonnyemong1327
    @tonnyemong1327 Před měsícem

    Thank you Patrick Dang your content is so helpful and I really do appreciate the efforts and time you invest in bringing us such good content...keep it up!

  • @arthurmandalhofilho1868
    @arthurmandalhofilho1868 Před 4 měsíci +1

    Hey Patrick, I just found your video. I really appreciate your insights I have an interview Wednesday for this exactly role, I’m feeling even more prepared and confident after your explanation on the position. Thank you!

  • @amrnasser6392
    @amrnasser6392 Před 2 lety

    this was not only helpful, but really fun and enjoying to watch.. thanks a lot.

  • @erenyayger3840
    @erenyayger3840 Před 8 měsíci +2

    Hey I got a job offer today for BDE your video helped me thanks 👍 keep it up

  • @blainejasmin
    @blainejasmin Před 3 lety +3

    Patrick, this video is Gold! Thank you my friend.

  • @stephnji
    @stephnji Před rokem

    Just started watching your videos few days ago. I'm looking forward to starting a career in sales.

  • @Jasmine-gt7ec
    @Jasmine-gt7ec Před 3 lety +3

    You made learning about business & sales fun. I can’t stop watching your videos lol

  • @KDCKarunarthna
    @KDCKarunarthna Před 11 dny +1

    Thx for this

  • @nandhininandhu429
    @nandhininandhu429 Před rokem

    Ur explanation is amazing so elaborate and understanding thank you sir..

  • @robbroadster
    @robbroadster Před 3 lety +10

    How do you not have more subscribers than you do Patrick? dang! Great content.

  • @abdelrahimattallah3551

    very informative video and very transparent . loved it thanks alot

  • @leirave
    @leirave Před 10 měsíci

    We are a very small company about to hire our 1st BD Exec., your video is great to help us elaborate a Job Description. Thanks!!!

  • @deadlyk1tten
    @deadlyk1tten Před 3 lety +8

    these videos really made me from 0 to 100 in understanding or having some general idea of what is business development
    and youre very articulate and clear in what youre talking and presentation, thank you!

  • @AbdulGani98
    @AbdulGani98 Před 3 lety +2

    Perfect! I am enjoying for of them.

  • @sarfraskv5228
    @sarfraskv5228 Před 3 lety +2

    Great content and perfectly explained keepitup 👍🏻🤘🏻

  • @jimbosaurusrex4028
    @jimbosaurusrex4028 Před 2 lety

    All of this content is great. Keep it upZ

  • @MsBlueboy11
    @MsBlueboy11 Před 3 lety +2

    Just watching this video I honestly was shocked you did not have least 200k+ subs. Thanks for the video I enjoyed it, keep it up!
    Subbed.

    • @patrickdang
      @patrickdang  Před 3 lety

      Thanks a lot of people tell me that. We're on our way to 100K!

  • @klacifymonitoryourschoolfr8340

    Wow. Powerful!
    I love this 😀

  • @andreenunez3588
    @andreenunez3588 Před 8 měsíci

    Hola Patrick, muchas gracias por el contenido qué haces. Me motiva mucho tus videos, realmente es un mundo hermoso el BD.

  • @spitzerrex1360
    @spitzerrex1360 Před 2 lety

    Just landed a BD executive job with having no idea what even the role is so
    Thanks alot for the info

  • @himanipatel8030
    @himanipatel8030 Před 3 lety

    Too good and informative

  • @leanguyen4136
    @leanguyen4136 Před 3 lety +25

    Hi Patrick! I watched almost all of your videos and you really inspire me. Two months ago, I decided to switch my career path to become a BD Executive. It was absolutely new to me because I had worked in a completely different position in a different field. Thanks to you videos, I passed the interview and got the job in an international company. Although I am still in the probation, I am happy that I found a job that makes myself enjoyable and excited while working. Thank you 🙏

    • @patrickdang
      @patrickdang  Před 3 lety +4

      Wow that's so amazing to hear. Sales and business development is a rewarding career so I'm happy to hear you successfully made the switch. Wishing you the best on your new job.

    • @leanguyen4136
      @leanguyen4136 Před 3 lety +1

      @@patrickdang Thank you, Patrick!

    • @spitzerrex1360
      @spitzerrex1360 Před 2 lety +1

      Hello. I hope you are well.
      I just landed a BD executive job and just like you im on 6months probations period.
      Can you please share your experience with me?

    • @SJenavlogger
      @SJenavlogger Před 2 lety

      hey m also working as a BDE

    • @snehaprabha8477
      @snehaprabha8477 Před rokem

      Hiii today only I have selected in bde position
      Can you tell me how to success in this ?

  • @prashantkumarjhariya1681

    Precise information. 👍

  • @surendra_varma
    @surendra_varma Před rokem

    loved it!

  • @agustybramasta9717
    @agustybramasta9717 Před 2 lety

    Its really help me alot thanks

  • @nabeelshaikh1103
    @nabeelshaikh1103 Před 2 lety +1

    I didn't even skip a second and watched it till the end. Informative!!

  • @robertgaithuru4200
    @robertgaithuru4200 Před 2 lety +1

    Great channel, great content. Yes, I'm breaking into the BD field and would love more content it!

  • @user-li3ci7qi8r
    @user-li3ci7qi8r Před 2 lety

    Top stuff very helpful

  • @thoanguyenthikim7927
    @thoanguyenthikim7927 Před 2 lety

    Thank you so much for sharing lots of useful information that helps me to know more about BD roles.

  • @vickymoore7852
    @vickymoore7852 Před rokem

    Thank You

  • @arv2125
    @arv2125 Před 3 lety +1

    Please create more videos specifically about marketing during corona

  • @anthonyradin7166
    @anthonyradin7166 Před 2 lety +2

    Your content is fantastic

  • @salena7380
    @salena7380 Před 2 lety +2

    Hey.. thnx for such awesome explanation.. i just got this role & was too much blank.. your video help me alot... Also kindly share if there are tricks or techniques for BDE profile.

  • @BlueCityzen9320
    @BlueCityzen9320 Před 3 lety

    Subscribed!

  • @zoraidamorales8284
    @zoraidamorales8284 Před 2 lety +2

    We need business executives in Puerto Rico

  • @Luolabutterfly
    @Luolabutterfly Před 3 lety +1

    These videos have been uber helpful for me (as an intern in this field). Thanks Patrick!

    • @ofeesther4741
      @ofeesther4741 Před rokem

      Hi, I’m also an intern in the field now… How did you get through to clients during your intern days?

  • @ajishebiyawoglory8543
    @ajishebiyawoglory8543 Před 2 lety +7

    Hi Patrick, I just got my first job as a business development executive in a industry that is entirely new to me. I hope I am able to learn from your channel and put to practice in my new job

    • @gvkvishal4359
      @gvkvishal4359 Před rokem +1

      How's it going? Could you share your challenges and how you dealt with them?

    • @bennythelegit
      @bennythelegit Před rokem

      Hi could you explain your experience??

    • @sehdeepsingh2210
      @sehdeepsingh2210 Před 11 měsíci

      how different it is from business development officer

  • @alisonnguyen8236
    @alisonnguyen8236 Před 3 lety +4

    Thank you for the explanation! It helps me to understand more about this position ✌️

  • @dineshraut4948
    @dineshraut4948 Před 3 lety +3

    Hi Patrick, your videos are amazing and insightful, thank you for posting videos. I have worked 10+ years in Software development. Recently I am feeling I have lots of interest in sales and presales. How can I switch? I am from India.

  • @Spencersaginata
    @Spencersaginata Před 2 lety

    Just starting and I would love to work in a tech company

  • @mushsolani
    @mushsolani Před 3 lety +1

    Hey Patrick!
    I've an interview today for the job of "International Business Development Executive" and super nervous what am I going to be asked? what kind of questions will I have to answer and will I even be able to convince them with my answers!!!?? I've got enough relief watching only your two videos want you to tell me personally how would you want me to act and few common answers of common questions.
    Love from #PAKISTAN🇵🇰

  • @bilalrajab1879
    @bilalrajab1879 Před 3 lety +1

    So, will we be provided a script for the cold calling as usually the CSRs are provded?

  • @mowburnt
    @mowburnt Před 2 lety +1

    Great video. I'm moving from regional sales into business development so this was a great insight. Not massively different roles... just more focussed

  • @mahinsidiki5696
    @mahinsidiki5696 Před 3 lety

    Hey, can u tell BDE in refrence to healthcare laboratory/ hospital laboratory. Please!

  • @rayhanahamed3642
    @rayhanahamed3642 Před rokem

    I worked to bring new ideas, in order to enhance the roots of sales and service of my company and customer happiness. Albeit there were lots of challenges during the 2020 to 2021 COVID 19 pandemic. Our team collaborated with bkash online payment and stable the sales.

  • @markhaworth5228
    @markhaworth5228 Před rokem

    I used to be a chef, all my menu ideas where getting ignored I was fed up with it, so I used new ideas to improve bussines

  • @ayeshatariq7048
    @ayeshatariq7048 Před 3 lety

    Kindly tell me what is business technical executive and what's there role and responsibilities

  • @aprilandjune
    @aprilandjune Před 3 měsíci

    Hello Patrick. I have a job interview tomorrow for this role and i felt nervous about the interview before watching this video.
    I really like how you explain concepts succintly. Thank you for this. ❤
    Will update about the interview soon.

  • @meganschaber773
    @meganschaber773 Před 3 lety +4

    Thank you Patrick, your videos are really helpful! I have been in hospitality sales for 10+ years and am trying to break into the SaaS world. What do you recommend as an approach if you’re worried the company might think you’re overqualified if you want to start out as a BDR? Thanks!

    • @kawaiikoibito3268
      @kawaiikoibito3268 Před 3 lety +1

      This is a late comment but may I ask how did u get into hospitality sales and what made you want to leave the field?

    • @bunnyman6321
      @bunnyman6321 Před rokem

      Did you get into the SaaS world?

    • @bunnyman6321
      @bunnyman6321 Před rokem

      ​@kawaii koibito How you making out in your career now?

    • @bunnyman6321
      @bunnyman6321 Před rokem

      ​@kawaii koibito How you making out in your career now?

  • @JotaroKujo-xe7nw
    @JotaroKujo-xe7nw Před 2 lety +1

    I work In a startup and they developers there and people from other department teach me how to do sales they randomly come and say oh do this do that like what the fuk Im doing it for 3 years I know what I'm doing

  • @michealkayode7880
    @michealkayode7880 Před 9 měsíci +1

    What tools can you recommend for me to generate 30000 leads from Google map

  • @arv2125
    @arv2125 Před 3 lety

    Hey patrik,why you are making few videos?

  • @terry.i
    @terry.i Před 2 lety

    great video! I've heard that a role of a BDM can be stressful?

  • @Natalia-ig2lj
    @Natalia-ig2lj Před 3 lety

    Hi ,
    Im a general Manager of a small flooring fitting company .
    We seeking a Bussines manager to help us to grow up our company .
    We looking to get commercial flooring jobs .
    We are new in the market . Can you help us how to find the right Bussines Manager or maybe Bussines management company ?
    Thank you,

  • @OmarAbidOfficial
    @OmarAbidOfficial Před 2 lety

    Today is my interview with Pepsi for Market Development Executive position. I hope I can clear the final round to become journey of fastest growing beverage company! 💈
    My job responsibilities:
    1. Execution of given plans and objectives to attain zone and area wise primary and secondary sales, while also delivering on availability targets for all packages
    2. Supervise and monitor the stocks transactions at all levels against planning and forecasting
    3. Distribution Management via software to ensure the proper execution of sales operation, ROI, KBI, GTM, and inventory management
    4. Conducting market surveys and determine market share, sales trends and cultivate relationships in specified areas (own and competitor´s) with key accounts, wholesalers and retailers
    5. Resolving customer disputes with help of sales force
    6. Ensure and control out of stock in the market as well as to the distributor
    7. Daily market visit to ensure the availability of our product to the shopkeeper. Market visit to solve the disputes and problems of shopkeepers against the delivery of product or Price issue
    9. Achievement of annual volume & revenue target of Distribution
    10. Business expansion in existing & new geographies as per instructions and to perform other related tasks assigned by line manager

  • @himanipatel8030
    @himanipatel8030 Před 3 lety

    🥰🥰

  • @madikazathang9144
    @madikazathang9144 Před 2 lety

    i only graduate..b.com in india.
    so im looking job..in business .im fresher so im very nervous ..please any advice