Market share Relationship building Service Strategic partnership 
The 5% Institute
AUGUST 1, 2023
In today’s highly competitive world, businesses must adopt effective strategies to remain relevant and thrive in the market. Business development plays a crucial role in achieving this goal by focusing on discovering new markets, building strategic partnerships, and improving customer relationships.
The 5% Institute
JUNE 15, 2023
It encompasses strategies for growth, diversification, market expansion, and relationship building. By nurturing existing customer relationships and forging new partnerships, businesses can strengthen their position in the market and open doors to new opportunities.
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