Business Development Manager manages the daily execution of the business development strategy, plans, and processes to drive sales, increase revenue, expand markets, and accomplish financial objectives. Coaches teams in best practices and effective tactics for prospecting new markets, partners, channels, and customers. Being a Business Development Manager establishes team targets and metrics to measure the achievement of objectives. Develops and uses contacts and relationships within the industry, business environment, and customer base to understand and respond to competition, pricing, and product demand changes. Additionally, Business Development Manager makes suggestions for new product offerings or improvements to sales or marketing efforts. May administer or negotiate new business proposals and prepare contracts. Typically requires a bachelor's degree. Typically reports to a director. The Business Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Business Development Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Our Mission is to be #1 by creating a better life for our customers. At LG Electronics, we make products and services that make lives better, easier and happier through increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good”! As a global leader, we strive for greatness not only in the products we make but in our people. That is why we are currently seeking the newest innovator to join our dynamic team as a Content Business Development Manager located in Englewood Cliffs, New Jersey. This role is onsite.
Culture for Growth | Top Notch Employee Health & Well Being Benefits | Every Voice Matters | Global Reach
The Opportunity:
As a Manager, Content Business Development you will maintain, establish, and expand business relationships with a wide variety of North America-based content, media, and entertainment companies to integrate and distribute their services on our products. To be successful in this role, you will negotiate multiyear partnerships for distribution on our Smart TVs. Which include our advertising video on demand service "LG Channels", our app store called "LG Smart World", and our "ThinQ" artificial intelligence platform. As a key member of a high performing team, you will be able to influence content related innovations to integrate into our webOS Smart TV operating system.
What You’ll Do:
· Negotiate and execute agreements with major entertainment companies to present their service on LG devices
· Manage the launch of the premium applications on LG devices
· Negotiate, coordinate, and advertise inventory from advertising-based content for integration into LG Channels
· Provide quarterly revenue review reports to executives and major partners to drive revenue growth
· Manage and lead a cross functional team
· Lead discussions on business, marketing, and technical with business partners during quarterly business reviews
· Negotiate business terms for transactional video on demand distribution on LG Smart TVs
Desired Education and Experience:
· Bachelor’s degree with 8 years of advanced and progressive skills in over the top (OTT) content, business development focused on negotiating content distribution deals; MBA preferred
· Knowledge and experience negotiating contract terms for the partnership
· Knowledge of content and media distribution ecosystem preferred
· Strong presentation skills for internal and external stakeholders
· Contract, negotiation, and drafting experience preferred
At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.
In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take in account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies, where applicable, the salary range listed may not reflect all geographic differentials applied.
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