We are seeking a highly motivated and detail-oriented Business Development Analyst to join a growing,  multi-state company. The ideal candidate will be passionate about utilizing data-driven insights to propel business growth, conduct in-depth market research, and develop strategies for competitive advantage. This role requires a keen understanding of market dynamics, pricing strategies, and the ability to translate data into actionable business recommendations.

Responsibilities:

1\. Data-Driven Analysis

\- Utilize various data sources to conduct a thorough analysis and derive actionable insights.

\- Develop and maintain comprehensive databases to support decision-making processes.

\- Implement data-driven strategies to identify opportunities and drive business growth.

2\. Market Research

\- Conduct detailed market research to identify key trends, customer needs, and areas for business expansion.

\- Analyze competitor activities and market dynamics to stay ahead of industry changes.

\- Provide regular updates on market conditions and potential business risks.

3\. Price Comparisons:

\- Perform comprehensive price benchmarking to ensure competitive pricing strategies.

\- Monitor and analyze competitor pricing structures to identify opportunities for improvement.

\- Collaborate with cross-functional teams to implement effective pricing strategies.

4\. Storytelling through Data

\- Develop compelling narratives and visualizations based on data to communicate business insights.

\- Collaborate with marketing and sales teams to create persuasive presentations and proposals.

\- Use data to tell a strong story that supports strategic decision-making.

5\. Benchmarks and Analytics

\- Establish benchmarks for key performance indicators (KPIs) and track progress against goals.

\- Provide regular analytics reports to stakeholders, highlighting key metrics and areas for improvement.

\- Collaborate with internal teams to implement best practices based on analytics findings.

Qualifications

\- Bachelor’s degree in Business, Economics, Statistics, or a related field.

\- Proven experience in business development, market research, or analytics.

\- Strong analytical skills with proficiency in data analysis tools and techniques.

\- Excellent communication and presentation skills.

\- Ability to work collaboratively in a cross-functional team environment.

\- Detail-oriented with a high level of accuracy.

Preferred Skills

\- Experience with data visualization tools

\- Knowledge of statistical analysis and modeling.

\- Familiarity with industry trends and competitive landscapes.

\- Ability to adapt to a fast-paced and evolving business environment.