About this role
Mikay Agency - Business Development Executive
Location: Lagos
Employment Type: Full-time
Job Summary
- The Business Development Executive is responsible for identifying and developing new business opportunities, acquiring new clients, nurturing prospective client relationships, and driving revenue growth for Mikay Agency.
- The role involves promoting the agency's digital marketing services, prospecting for potential clients, preparing proposals, coordinating client meetings, negotiating commercial terms within approved limits, and maintaining a healthy sales pipeline to support the agency's business objectives.
Key Responsibilities
Business Development and Lead Generation:
- Identify, research, and pursue new business opportunities across relevant industries.
- Generate qualified leads through networking, referrals, cold outreach, social media, email campaigns, and other approved channels.
- Identify organisations and businesses that may require digital marketing, social media management, paid advertising, content creation, branding, and related services.
- Develop and maintain a database of prospective clients and business opportunities.
- Proactively contact potential clients to introduce Mikay Agency's services and establish business relationships.
- Monitor industry trends and market developments to identify new revenue opportunities.
Client Acquisition and Relationship Management:
- Build and maintain strong relationships with prospective and existing clients.
- Understand clients' business needs, marketing objectives, challenges, and expectations.
- Schedule and coordinate introductory meetings, discovery sessions, and sales presentations.
- Follow up with prospective clients consistently to advance opportunities towards conversion.
- Maintain professional communication throughout the sales process.
- Work with the relevant internal teams to ensure a smooth transition from client acquisition to service delivery.
Sales Strategy and Revenue Generation:
- Develop and implement business development plans aligned with the agency's revenue targets.
- Promote the agency's service offerings and communicate their value to prospective clients.
- Prepare sales pitches, proposals, quotations, presentations, and service packages in collaboration with relevant teams.
- Negotiate commercial terms within approved limits and obtain management approval for exceptions.
- Identify opportunities for additional services and account expansion where appropriate.
- Work towards achieving agreed monthly and quarterly sales targets.
Proposal Development and Pitch Coordination:
- Gather relevant information about prospective clients before meetings and presentations.
- Collaborate with the Head of Client and Strategy and other relevant personnel to develop tailored proposals.
- Ensure proposals accurately reflect client requirements, deliverables, timelines, pricing, and commercial terms.
- Coordinate follow-ups after presentations and maintain records of client feedback and decisions.
- Support the preparation of agency credentials, case studies, pitch decks, and other business development materials.
Market Research and Competitive Analysis:
- Research target markets, prospective clients, competitors, and industry developments.
- Identify gaps in the market that Mikay Agency can address through its services.
- Provide management with insights into customer needs, pricing trends, and emerging business opportunities.
- Recommend improvements to the agency's sales approach, service positioning, and client acquisition strategies.
Sales Pipeline and Reporting:
- Maintain an accurate and up-to-date sales pipeline, including leads, prospects, proposals, negotiations, and converted clients.
- Record all relevant sales activities, meetings, communications, and follow-up actions using the agency's approved tracking system.
- Prepare and submit weekly and monthly business development reports.
- Monitor lead conversion rates, sales performance, and progress towards assigned targets.
- Identify barriers to conversion and recommend practical solutions.
- Ensure that client commitments and commercial agreements are properly documented.
Internal Collaboration and Administration:
- Work closely with the Head of Client and Strategy, digital marketing specialists, creative teams, and other relevant personnel to develop appropriate service solutions.
- Ensure that client requirements are communicated accurately to the relevant delivery teams.
- Participate in business development meetings, strategy sessions, and performance reviews.
- Maintain confidentiality of client information, pricing, proposals, and internal business documents.
- Perform other related duties as may be assigned by Management.
Requirements
Education
- A Bachelor's Degree or HND in Marketing, Business Administration, Mass Communication, Public Relations, Sales Management, or another relevant discipline.
- Professional certifications in Sales, Business Development, Digital Marketing, or Customer Relationship Management will be an added advantage.
- Familiarity with digital marketing services and the advertising industry is desirable.
Experience
- 2 – 4 years of relevant experience in business development, sales, client acquisition, or a related commercial role.
- Experience working in a digital marketing agency, advertising agency, media organisation, or other service-based business is an advantage.
- Demonstrable experience in lead generation, prospecting, sales presentations, proposal development, negotiation, and client relationship management.
- Evidence of meeting sales targets or contributing to revenue growth will be an advantage.
- Experience using customer relationship management (CRM) systems, spreadsheets, and digital communication tools for sales tracking and reporting is desirable.
Key Skills & Competencies:
- Excellent communication and present