Business Manager

Date: 21 hours ago

Area: Singapore, Singapore

Salary: SGD 4,000 - SGD 5,000 per month

Contract type: Full time

Job Title : Business Manager (Entry level candidates)

Reporting to : Account Director

Position: Open to Singaporeans / PRs only

Primary Function:

1. To achieve budgeted sales targets for allocated accounts or territories.

2. To build up and maintain good professional contact with all advertisers and potential clients.

Main Responsibilities:

1. Territory Planning

To provide a structured plan for each territory/market including specific activities covering media reps, pricing, competitors, market potential, identifying business prospects, trip plan and follow ups.
To ensure that the territory/market is effectively covered by way of cold canvassing new prospects and following up with existing clients to gain maximum revenue.

2. Sales

To achieve company targets set in consultation with the Account Director with revenues to be earned from sales of advertisements, special projects, list rentals and other creative ideas approved by the Account Director.
To source and establish new business opportunities from all territories/markets by sales of new products and/or development of new customers.
To establish close rapport and positive business relationships with key decision-maker among customers and prospects.

3. Promotion

To suggest ideas and methods to promote the publications in order to provide an advantage in securing sales and market shares. This should include promotion at trade events and through internal advertising/promotions vehicles.

4. Analyses of markets

To assist the Account Director in the analysis of the markets by providing clear and regular updates on buying trends, competition, industry performance, client feedback, potential business opportunities, etc.

5. Competition

Being aware of competitors’ activities in the individual markets/territories by regular communication with clients, media reps and colleagues, reporting such information to Account Director.
Provide suggestions to the Account Director to counter competitive activity.

6. Editorial

To maintain good rapport with editorial colleagues on content matters.
Providing story-leads, subjects to editors which may be of interest to readers and/or provide a strong sales opportunity for the publication.

7. Conduct/Assist in training of junior sales staff

To take an active interest in training junior sales staff in areas such as sales presentations, product knowledge, customer follow-up activities, designing proposals and other relevant areas to ensure that sales opportunities are not missed.
To provide an example of the sales and professional standards required of each member in terms of performance, discipline and attitudes.

8. Trade shows/Events

To participate at trade shows commencing with the preparation/planning for sales revenues to be secured for each event through special projects, sponsorships, etc.
To assist in the daily execution of trade show activities such as publication distribution, booth decoration, etc.
To establish a sales activity plan for each trade show to be attended including planned meetings with participating customers/prospects, special packages for advertising opportunities, etc.
To provide a report within 7 days upon return from a trade show, providing information of customers/prospects met, sales secured or negotiated, opportunities identified for new business and general feedback of the event.

9. Budgeting/Publication Planning

Assist the Account Director in developing sales targets for the territories/markets.
Planning features/supplements for the publications.

10. Reporting/Communication

To provide clear and concise reports punctually to the Account Director for discussion.
To be pro-active in preparing a sales agenda for regular sales meetings.
To communicate regularly with the Account Director in maintaining a mutual understanding of opportunities, difficulties in achieving sales targets and where necessary suggesting solutions.

11. Accounts

Assisting in the collection of outstanding debts where necessary.
Providing feedback where available on the current financial position of clients.

12. Others

To assist the Account Director with any tasks as assigned by him/her.

Limitations of Authority:

Client entertainment expenses must be kept within budget set by the Account Director and Publisher.
To negotiate sales with clients in line with advertisement rate cards. Deviations from the prevailing published rates must be approved by the Account Director and Publisher.
To adhere to established discount structure. Clearance must be sought with Account Director and Publisher for special discounts not specified in company policy.
Prior approval to be obtained for all gifts for clients.
To work within budgets allocated.

Standards of Performance:

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