Business Development Director-Contract Mfg (Beauty) REMOTE Position Available In Fulton, Georgia

Job Description:

As the Business Development Director, you will be responsiblefor formulating and executing strategic initiatives that driverevenue growth and market penetration. You will identify newbusiness opportunities, forge strategic partnerships, and fosterrelationships with key stakeholders. Your role will be crucial inestablishing our products as leaders in the industry and drivingthe overall success of our organization. Client Details My clientis a high growth market leader in contract manufacturing within thebeauty space. Products they manufacturer on on shelves across thenation in places like Sephora, Macy’s, Target, Walmart, Rite Aid,etc. They are seeking a seasoned industry vet in this space to helpdrive company growth.

Description Key Responsibilities:

BusinessDevelopment:

Work with existing and new industry contacts todevelop specific contract manufacturing and formula developmentplans.

Strategic Planning:

Develop and implement a comprehensivebusiness development strategy for the hair and liquid products linethat aligns with company goals and objectives.

Market Analysis:

Conduct thorough market research to identify trends, competitoractivities, and customer preferences, translating insights intoactionable strategies.

Partnership Development:

Identify andestablish strategic partnerships, collaborations, and alliances toenhance brand visibility, distribution channels, and productofferings.

Sales and Revenue Generation:

Drive revenue growth byidentifying and targeting new sales opportunities, expanding thecustomer base, and optimizing pricing strategies.

StakeholderEngagement:

Cultivate and nurture relationships with keystakeholders, including suppliers, distributors, retailers, andpotential clients, to foster mutually beneficial partnerships.

Perform regular client pitches and reviews monthly to boil downcomplex problems into simple digestible solutions.

ProductDevelopment Support:

Collaborate closely with the productdevelopment team to provide market insights, consumer feedback, andindustry trends that inform product enhancements and innovation.

Negotiations:

Lead negotiations and contract discussions withpotential partners, ensuring terms that align with the company’sgoals and objectives.

Cross-functional Collaboration:

Collaboratewith marketing, supply chain, finance, and other departments toensure seamless execution of business development strategies.

Performance Tracking:

Develop and utilize key performanceindicators (KPIs) to track the effectiveness of businessdevelopment efforts and provide regular reports to seniormanagement.

Profile Qualifications:

Bachelor’s degree in Business,Marketing, or a related field (Master’s degree preferred). 10 yearsof experience in business development, sales, or marketing withinthe beauty, industry – must have Contract Manufacturing specificexperience. Experience within liquid beauty products – on the valuebased / formula side. Proven track record of driving revenue growthand expanding market share. Strong network of industry contacts anda deep understanding of market trends and dynamics. Excellentnegotiation, communication, and interpersonal skills. Strategicthinker with the ability to identify and capitalize on emergingopportunities. Experience in managing and leading a team ofbusiness development professionals. Analytical mindset withproficiency in using data to inform decisions. Ability to travel asneeded to establish and nurture partnerships.

Job Offer Offer:

$150-175k base salary pending industry experience ( commission andbonus – 25% with opportunity to over perform) Highly competitivebenefits package Remote role – Anywhere in the US with preferencein Northeast but flexible for the right candidate 30% travelexpectation to clients, industry events etc. MPI does notdiscriminate on the basis of race, color, religion, sex, sexualorientation, gender identity or expression, national origin, age,disability, veteran status, marital status, or based on anindividual’s status in any group or class protected by applicablefederal, state or local law. MPI encourages applications fromminorities, women, the disabled, protected veterans and all otherqualified applicants.