Business development is a much specialised area from the field of commerce which basically aims at increasing the Business and its reach which can be done through many techniques like attracting new customers or penetrating existing markets. In the process one needs to evaluate the entire Business and then do proper Marketing and use the other techniques as well and make a Business model design. Business development involves critical analysis and hen doing Marketing to make the customer know about the product and then providing after sales service and Customer Service. It requires extensive Business analysis to be done in order to have the Business development and to create a good Business model design.
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