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19/12 Shrutam Kotadiya
Consultant at TekPillar

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Manager - Business Expansion - Insurance (2-4 yrs)

Ratlam Job Code: 356971

A Business Expansion Manager is responsible for driving the growth and expansion of a company into new markets, regions, or customer segments. They focus on identifying new business opportunities, creating expansion strategies, and leading efforts to establish a strong presence in those markets. This role typically involves working closely with various teams, including sales, marketing, and operations, to ensure successful market entry and growth.

Main Responsibilities:

- Conducting research to identify new markets, customer segments, or geographic regions with high potential for expansion.

- Analyzing competitors, industry trends, and customer needs to determine areas where the company can grow.

- Developing comprehensive strategies for entering new markets, launching products or services, and gaining market share.

- Setting clear business goals, timelines, and resource allocation to ensure smooth market penetration.

- Establishing and nurturing relationships with potential partners, clients, and key stakeholders in new markets.

- Engaging with local influencers, industry leaders, and strategic partners to build a strong network and reputation in new regions.

- Collaborating with the sales and marketing teams to develop campaigns and promotions that attract customers in new markets.

- Ensuring that marketing efforts are tailored to local preferences and market conditions.

- Monitoring the performance of expansion efforts, including sales growth, market penetration, and profitability.

- Reporting on progress, challenges, and successes to senior management and making adjustments to strategies as necessary.

Candidates Requirements :

- Graduation is mandatory

- Minimum 2 years of experience in sales or marketing

CTC: up to 3.50 LPA + Incentives + Other Benefits

Contact Details:

Aslesha | HR Team

Phone: +91 7383228682

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