In the field of commerce, the specialist area of business development comprises a number of techniques and responsibilities which aim at gaining new customers and at penetrating existing markets. Techniques used include:
Homework help in Business Development subjects
* Assessment of marketing opportunities and target markets
* Intelligence gathering on customers and competitors
* generating leads for possible sales
* advising on, drafting and enforcing sales policies and processes
* Follow-up sales activity
* Formal proposal or presentation management and writing
* Pitch and presentation rehearsals
* Business model design
Business development involves evaluating a business and then realizing its full potential, using such tools as:
* Marketing
* Information management (sometimes conflated with knowledge management)
* Customer service
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