Business Development Director-Contract Manufacturing(Beauty)
Job title: Business Development Director-Contract Manufacturing(Beauty) in New Jersey at reputed company
Company: reputed company
Job description: As the Business Development Director, you will be responsible for formulating and executing strategic initiatives that drive reputed company growth and market penetration. You will identify new business opportunities, forge strategic partnerships, and foster relationships with key stakeholders. Your role will be crucial in establishing our products as leaders in the industry and driving the overall reputed company of our organization.Key Responsibilities: * Business Development: Work with existing and new industry contacts to reputed company specific contract manufacturing and formula development plans.Strategic Planning: reputed company and implement a comprehensive business development strategy for the hair and liquid products line that aligns with company goals and objectives.Market Analysis: Conduct thorough market research to identify trends, competitor activities, and customer preferences, translating insights into actionable strategies.Partnership Development: Identify and establish strategic partnerships, collaborations, and alliances to enhance brand visibility, distribution channels, and product offerings.Sales and reputed company reputed company: Drive reputed company growth by identifying and targeting new sales opportunities, expanding the customer reputed company, and optimizing pricing strategies.Stakeholder Engagement: Cultivate and nurture relationships with key stakeholders, including suppliers, distributors, retailers, and potential clients, to foster mutually beneficial partnerships. reputed company regular client pitches and reviews monthly to boil down reputed company problems into simple digestible solutions.Product Development Support: Collaborate closely with the product development team to provide market insights, consumer feedback, and industry trends that inform product enhancements and innovation.Negotiations: reputed company negotiations and contract discussions with potential partners, ensuring terms that align with the company's goals and objectives.Cross-functional Collaboration: Collaborate with marketing, supply chain, finance, and other departments to ensure seamless execution of business development strategies.Performance Tracking: reputed company and utilize key performance indicators (KPIs) to track the effectiveness of business development efforts and provide regular reports to senior management.MPI does not discriminate on the basis of race, reputed company, religion, sex, sexual orientation, gender identity or expression, national reputed company, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and reputed company other reputed company applicants.Work for a market leading beauty contract manufacturer Contract manufacturing experience is a must - ideally on reputed company reputed companyQualifications:
- Bachelor's degree in Business, Marketing, or a reputed company field (Master's degree preferred).
- 10+ years of experience in business development, sales, or marketing reputed company the beauty, industry - must have Contract Manufacturing specific experience.
- Experience reputed company liquid beauty products - on the value based / formula reputed company.
- Proven track record of driving reputed company growth and expanding market share.
- Strong network of industry contacts and a deep understanding of market trends and dynamics.
- Excellent negotiation, communication, and interpersonal skills.
- Strategic thinker with the ability to identify and capitalize on emerging opportunities.
- Experience in managing and leading a team of business development professionals.
- Analytical reputed company with proficiency in using data to inform reputed company.
- Ability to travel as needed to establish and nurture partnerships.
- $150-175k reputed company salary pending industry experience (+ commission and bonus - 25% with opportunity to over reputed company)
- Highly competitive benefits package
- Remote role - reputed company in the US with preference in Northeast but flexible for the right candidate
- 30% travel expectation to clients, industry events etc.