A business development strategy is a document that describes the strategy you will use to accomplish that goal Business development (BD) is the process that is used to identify, nurture and acquire new clients and business opportunities to drive growth and profitability.

A business development strategyis a document that describes the strategy you will use to accomplish that goal Business development(BD) is the process that is used to identify, nurture and acquire new clients and business opportunities to drive growth and profitability.

Business development reps identify and pass along good-fit leads, allowing a company's sales team to approach more accessible, accommodating prospects The distinction between business development and sales essentially boils down to the difference between 'lining them up' and 'knocking them down.'. Business Development vs. Sales.

Ma

The BDM also responds to RFP's, tenders, and develops sales in new sales territories. Special Offer Try Betterteam for FREE The business development manager (BDM) is often the first point of contact a new potential client will have with a business when they are seeking information on the products and services the company provides.