Business Development Manager

$90,000 - $120,000/Yr

University Hospitals - Cleveland, OH

posted 4 months ago

Full-time - Mid Level
Cleveland, OH
Hospitals

About the position

At Event Source / Panache Events / So Cool Events, our associates are more than promoters of our exceptional products and service. They are important assets to our business, individuals who care about and keep our company standards. With our training, development, and benefits, there are real opportunities for your future. The Business Development Manager is a key leadership role responsible for driving revenue growth for a $40,000,000 event rental company. This position requires extensive travel (40%) to target markets, including Detroit, Cleveland, Columbus, Pittsburgh, West Palm Beach, Pompano Beach, Orlando, Chicago, St. Louis, Cincinnati, Louisville, and Lexington KY. The primary focus will be on acquiring large sporting events and securing contracts with major convention centers in our target markets. The role involves developing and executing comprehensive market strategies to penetrate target regions and industries, conducting in-depth market research to identify emerging opportunities and potential clients. The Business Development Manager will proactively identify and engage potential clients for high-value event rental services, building and nurturing relationships with key decision-makers in the large sporting event and convention center sectors. Additionally, the position requires identifying and cultivating strategic partnerships with organizations in the events industry and collaborating with internal and external stakeholders to enhance business opportunities. Sales presentations and negotiations are also a critical part of this role, where the manager will develop compelling sales presentations and proposals tailored to the needs of potential clients, lead negotiations and contract discussions to secure profitable deals, and lead the development and execution of sales plans to achieve revenue targets. The manager will also be responsible for planning and executing travel to target markets for client meetings, industry events, and trade shows, optimizing travel schedules and expenses to maximize efficiency. Performance reporting and analysis will involve utilizing CRM tools to maintain accurate records of sales activities and track performance metrics, providing regular reports on sales achievements, market trends, and competitor activities, and collaborating within a team environment with a cooperative spirit. The manager is expected to promote and adhere to the company's Core Values: C.A.R.T. (Consistency, Adaptability, Reliability, Teamwork) and perform other related duties as assigned.

Responsibilities

  • Develop and execute comprehensive market strategies to penetrate target regions and industries.
  • Conduct in-depth market research to identify emerging opportunities and potential clients.
  • Proactively identify and engage potential clients for high-value event rental services.
  • Build and nurture relationships with key decision-makers in the large sporting event and convention center sectors.
  • Identify and cultivate strategic partnerships with organizations in the events industry.
  • Collaborate with internal and external stakeholders to enhance business opportunities.
  • Develop compelling sales presentations and proposals tailored to the needs of potential clients.
  • Lead negotiations and contract discussions to secure profitable deals.
  • Lead the development and execution of sales plans to achieve revenue targets.
  • Plan and execute travel to target markets for client meetings, industry events, and trade shows.
  • Optimize travel schedules and expenses to maximize efficiency.
  • Utilize CRM tools to maintain accurate records of sales activities and track performance metrics.
  • Provide regular reports on sales achievements, market trends, and competitor activities.
  • Collaborate within a team environment with a cooperative spirit.
  • Promote and adhere to the company's Core Values: C.A.R.T. (Consistency, Adaptability, Reliability, Teamwork).
  • Perform other related duties as assigned.

Requirements

  • Bachelor's degree in Business, Marketing, or a related field (MBA is a plus).
  • Minimum of (5) five years of experience in business development and sales, preferably in the high-value event rental or hospitality industry.
  • Proficiency in the English language (both written and verbal) is required.
  • In-depth understanding of the events industry, national accounts/contracts, large sporting events, convention centers, trade shows, and multiyear contracts.
  • Exceptional strategic thinking, communication, and negotiation skills.
  • Willingness to travel extensively (40% of the time).
  • Completion of a Behavioral and Cognitive Assessment through the Predictive Index.
  • Successful completion of company background check and drug screen.

Benefits

  • Comprehensive health insurance (medical, dental, vision), and supplemental insurance plans are available.
  • 401K with company match.
  • Team member rental discounts.
  • And more!
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