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One of the most valuable business activities in today’s technology-first world is to create partnerships between products or businesses that will benefit the customers of both. These partnerships can involve anything from simply sending customers from one platform to another, to collaborating on a brand new product or feature. In this article, we’re going to […]
As part of our spotlight series on career journeys in business development and partnerships, today we’re sharing an interview with Ivan Silva, who works in Business Development for Virid. We will walk through what Ivan has done throughout his career and how he was able to break into BD. Then we’ll get his advice that […]
One of the primary roles of any business development team is to build partnerships that benefit their business in some way. Many do this through growth initiatives or brand-building opportunities that lead to more sales either immediately or further down the line. In this article, we’re going to look at what partnerships are, how they […]
Partnerships are the lifeblood of most businesses and can provide the greatest long-term growth value for an organization. The only problem is getting them right, which is typically very difficult because of the complexity of doing a deal. Due to the constantly changing state of the market, complicated revenue models, and the high degree of […]
In most situations, a business development representative (BDR) and a sales development representative (SDR) are the same thing. Each is referring to an entry-level sales role that typically involves prospecting and setting up appointments for closers. A BDR is not typically an entry-level role to get into a business development career. In this article, we’ll […]
The role of a business development manager varies quite a bit from company to company because it’s a very generic job title in a field that is still evolving. Essentially, a BD manager is in charge of creating value for the business through outside partnerships, sales, or other strategic initiatives. This role can be either […]
Business development careers typically refer to revenue-producing roles in a business, but the method of bringing in revenue can vary greatly. Some career choices in BD are short-term revenue drivers, like sales, while others look to drive a sustainable flow of revenue for many months and years to come, like partnership-driven options. In this article, […]
Business Development is a role or career path that provides value to businesses, but there is no consensus on a clear definition. Many people believe that Business Development, sometimes referred to as BD or BizDev, is sales while others believe it is creating external partnerships that benefit your business. Still, there are plenty of people […]
Business development is still relatively new to the workforce and it continues to evolve over time. In this article, we’ve collected the most important terms that you need to know if you’re just breaking into BD and provide the most basic definition of each so that you can have a foundational understanding as you progress […]
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