17 Business Development Manager Interview Questions and Answers

Learn what skills and qualities interviewers are looking for from a business development manager, what questions you can expect, and how you should go about answering them.

Business development managers are responsible for the growth of their company. They identify potential customers and partners, and work with them to create and execute deals that benefit both parties. They also work with internal teams to develop and execute marketing and sales plans.

If you want to be a business development manager, you’ll need to be able to answer questions about your experience and skills. You’ll also need to be able to sell yourself and your company. To help you prepare for your interview, we’ve put together a list of common business development manager interview questions and answers.

Are you familiar with our company’s products and services?

This question can help the interviewer determine whether you have done your research on their company. It is important to thoroughly read through a company’s website and social media accounts before an interview so that you are familiar with what they do, how they do it and who their target audience is.

Example: “I am very familiar with your company’s products and services because I use them myself. In fact, I love using your software for my own business development needs. I find it easy to use and helpful in creating effective marketing strategies. I also like the way your company interacts with its customers online. Your customer service team always responds quickly to questions and concerns.”

What are some of the most important skills for a business development manager to have?

This question can help the interviewer determine if you have the skills and experience to succeed in this role. When answering, it can be helpful to mention a few of your strongest skills that relate to the job description.

Example: “I believe some of the most important skills for a business development manager are communication, organization and relationship building. These skills allow me to effectively communicate with my team members, organize projects and manage client relationships. I also think creativity is an important skill because it allows me to come up with new ideas for marketing campaigns.”

How would you go about creating a new business plan for the company?

This question is an opportunity to show your creativity and problem-solving skills. It’s a great way for the interviewer to see how you would apply your knowledge of the company to create new opportunities for growth.

Example: “I would start by researching the current market conditions, including what our competitors are doing and what customers are looking for. I’d also want to know more about the company’s goals and objectives so that I can align my plan with those. Then, I would develop a strategy based on these factors and present it to senior management for approval.”

What is your experience with creating sales pitches or presentations?

This question can help the interviewer understand your experience with presenting to clients or other stakeholders. Showcase your presentation skills by describing a time you created a sales pitch and how it helped your company succeed.

Example: “In my previous role, I was responsible for creating monthly reports that outlined our team’s progress on client projects. These presentations were important because they allowed me to communicate with senior management about our goals and objectives. I also used these presentations as an opportunity to share ideas for improving our processes and increasing revenue.”

Provide an example of a time when you successfully identified and capitalized on an opportunity.

This question can help the interviewer gain insight into your ability to recognize and take advantage of opportunities. Use examples from previous roles that highlight your skills in researching, analyzing data and developing strategies for pursuing new business ventures.

Example: “In my last role as a business development manager, I noticed an increase in online searches for our company’s products among customers who were looking for more affordable options. This led me to research why this was happening and discover that many of these customers were small businesses on tight budgets. We decided to create a lower-cost product line that would appeal to these customers while also allowing us to reach out to a wider audience.”

If hired, what would be your first priority as a business development manager?

This question is an opportunity to show the interviewer that you have a plan for how you would approach your job. Your answer should include specific goals and strategies you would use to achieve them.

Example: “My first priority as business development manager would be to create a strategy for increasing sales. I would start by researching our competitors’ marketing tactics, including their strengths and weaknesses. Then, I would develop a plan for implementing new methods of advertising and customer outreach. Finally, I would implement my plan and track its success.”

What would you do if you identified a potential partnership opportunity, but members of the sales team were resistant to the idea?

This question can help the interviewer assess your ability to work with a team and manage relationships. Your answer should show that you value collaboration, are willing to compromise and have strong interpersonal skills.

Example: “I would first try to understand why they were resistant to the idea. If I discovered that it was because of a lack of information or resources, I would do my best to provide them with more details about the opportunity and how we could make it successful. If there were other reasons for their resistance, such as concerns over revenue loss, I would explain the benefits of partnering with this company and outline strategies we could use to mitigate any risks.”

How well do you work under pressure?

Business development managers often have to meet deadlines and work under pressure. Employers ask this question to see if you can handle the stress of the job. In your answer, explain how you manage stress and give an example of a time when you had to work under tight deadlines.

Example: “I am able to work well under pressure because I know that it’s part of my job as a business development manager. However, I also make sure to plan ahead so I don’t feel stressed out about meeting deadlines. For instance, at my last job, we were trying to get more clients for our company. We knew that we needed to bring in five new clients by the end of the month. I started working on finding those clients two weeks before the deadline. By starting early, I was able to find all five clients with plenty of time to spare.”

Do you have experience working with a budget? If so, how do you prioritize spending?

Business development managers often need to work with a budget. This question helps the interviewer understand how you prioritize spending and manage your time. Use examples from past experience to show that you can effectively use a budget while also meeting deadlines and achieving goals.

Example: “I have worked with budgets in my previous roles, but I’ve never had one of my own. However, I always make sure to spend money wisely when working on projects. For example, I would only spend money on marketing strategies that are proven to be effective. I would also ensure that any expenses were within the company’s budget before making purchases.”

When was the last time you updated your knowledge of industry trends?

Employers ask this question to make sure you’re committed to staying up-to-date on the latest developments in your industry. They want to know that you’re always learning and growing as a professional. When answering, try to think of an example of how you’ve expanded your knowledge recently.

Example: “I’m currently enrolled in a marketing course at my local community college. I started taking classes last year because I wanted to learn more about digital marketing strategies. The class is challenging but rewarding, and it’s helping me develop new skills for my role. I also subscribe to several online newsletters that provide tips and advice for business development professionals.”

We want to improve our brand image. What would be the first step in doing so?

Employers ask this question to see if you have experience with brand management. They want to know that you can use your skills and knowledge to help their company improve its image in the marketplace. In your answer, explain how you would approach this task. Think about what steps you would take to make sure the company’s brand is as strong as possible.

Example: “I think one of the first things I would do is research our current brand perception. I would look at all of the information we have on our target audience and find out what they think of us. From there, I would create a plan for improving our brand image. I would start by creating a new marketing campaign that focuses on the strengths of our brand. Then, I would implement the campaign into our overall strategy.”

Describe your experience with project management.

Business development managers often need to manage projects and initiatives. Employers ask this question to learn more about your experience with project management software, such as Microsoft Project or Basecamp. In your answer, share which tools you’ve used in the past and how they helped you complete your work.

Example: “I have a lot of experience using Basecamp for managing my team’s projects. I find it helpful to use a tool that allows me to communicate with my team members through messages and forums. This helps me stay organized by creating different projects and assigning tasks to my team members. When we’re working on multiple projects at once, it can be challenging to keep track of everything. Using Basecamp has helped me organize my projects so I can meet deadlines.”

What makes you stand out from other candidates for this position?

Employers ask this question to learn more about your qualifications and how you can contribute to their company. Before your interview, make a list of three things that make you unique from other candidates. These could be skills or experiences that relate to the job description. Share these with your interviewer so they know what makes you an ideal candidate for the role.

Example: “I have experience working in a startup environment, which is something I see as beneficial to this position. In my previous role, I helped develop our sales strategy and increased revenue by 20% within six months. This shows that I am capable of adapting to new environments and taking on challenges.”

Which industries do you have the most experience in?

This question can help the interviewer understand your background and how it relates to their company. It also helps them determine if you have experience in industries they work with. When answering this question, try to highlight any skills or experiences that are relevant to the job description.

Example: “I’ve worked primarily in the technology industry for my entire career. I started as a software developer at a small startup where I learned about business development and marketing. After five years there, I moved into a role as a product manager at a large tech company. There, I helped develop new products and services while managing existing ones.”

What do you think is the most important aspect of customer service?

This question can help the interviewer determine how you prioritize your work and what skills you use to achieve success. Your answer should show that you understand customer service is important for business development, but it also shows that you know how to provide excellent customer service.

Example: “Customer service is one of the most important aspects of business development because it’s essential to building relationships with clients. I think the most important aspect of customer service is communication. It’s important to be able to communicate clearly with customers so they feel like you’re listening to their needs and providing them with solutions. This helps build trust between businesses and customers, which leads to more sales.”

How often do you recommend updates to business plans?

This question can help interviewers understand your approach to planning and how often you update plans. Your answer should include a specific time frame for when you recommend updates, such as quarterly or annually. You can also explain the reasoning behind these recommendations.

Example: “I usually recommend business plan updates every six months. This allows me enough time to gather data on sales and marketing campaigns so I can make adjustments if needed. It’s important to keep up with changes in the market because it could affect our company’s goals. For example, if we’re focusing on increasing online sales but then discover that customers are more interested in shopping in-store, we may need to adjust our strategy.”

There is a new technology that could drastically change how our company operates. How would you learn about it and decide whether or not to implement it?

This question is a great way to show your problem-solving skills and how you would apply them to the company. You can use examples from past experiences where you had to learn about new technologies and make decisions on whether or not to implement them.

Example: “I would first do my research by reading articles, watching videos and talking with people who have experience using it. I would then decide if this technology could benefit our company’s operations. If so, I would talk to my team members and see what they think of implementing it. After that, I would present my findings to my manager and ask for their input.”


17 Treasury Officer Interview Questions and Answers

Back to Interview

17 Bank Manager Interview Questions and Answers