|Course Level||Level 5|
|Endorsed By||Endorsed By ABC Awards and Certa Awards|
|Study Method||Online Learning|
|Course Duration||320 Hours Approx|
|Entry Requirements||No Entry Requirements|
Find your perfect business development online course with Oxford Home Study Centre and kick your success story into overdrive! Our exclusive business development online courses are open for enrolment throughout the year, making now the perfect time to get started. Boost your resume with Level 5 Business Development Certification online and take your career to the next level. Study product development and distribution, learn how to create a high-impact marketing strategy and master the art of effective product pricing. Build the skills, knowledge and confidence needed to pen a professional business plan, as you work your way towards a fully endorsed Level 5 Business Development Diploma. With expert tutor support included in the fee, our exclusive business courses represent unbeatable value for money. Sign up online in seconds, or contact the team at Oxford Home Study Centre anytime for more information.
Why Study Business Development?
By definition, business development is the summarisation of ideas, activities and initiatives implemented to improve a business. In practice, it’s a far more complex and wide-reaching field than this. Effective business development can enhance and improve all aspects of business performance across the board. Physical growth and expansion, bigger and more consistent revenues, domination in key areas of the market – all possible with strategic business development. To master the art of business development is to become an invaluable asset in the eyes of employers worldwide. Likewise, business owners and entrepreneurs must acknowledge the value of strategic business development. From brainstorming early ideas to launching new products to implementing ambitious marketing strategies, it’s all in a day’s work for the talented business development specialist.
All business development courses from Oxford Home Study Centre include all required study aids and learning resources as standard. This advanced Level 5 Business Development Diploma takes place over a series of eight engaging modules, which conclude with online assessments for submission to your assigned tutor:
Module 1. Introduction to Business Development
The course begins by encouraging candidates to carefully consider the business they work for, along with its purpose, its functions and its long-term objectives. Key business development terminology is also introduced, along with the importance of an effective organisational structure and the differences between business ownership and entrepreneurship.
Module 2. Developing a Business Plan
Learners are then provided with a detailed breakdown of the effective business plan, incorporating key criteria such as marketing, budgeting, fee structures, resource allocation and procurement. Candidates also learn how to leverage the power, reach and influence of social media to their advantage, while building more confident networking skills.
Module 3. Developing a Product Idea
Module 3 provides a fascinating introduction to product development, in which candidates learn how to identify, engage and appeal to a viable target market. The importance of defining and developing a value proposition is also discussed, along with the short-term and long-term costs incurred in the product development process.
Module 4. Product Development and Product Life Cycle
The meaning and importance of product innovation are discussed at length in module 4, which also provides a detailed breakdown of the product lifecycle. The product development process is also dissected and discussed, along with helpful tips for generating new ideas, marketing strategy development, market testing and common reasons for product failures.
Module 5. Product Pricing Strategies
In the fifth module, candidates examine the objectives of pricing and the factors that must be considered when establishing a viable pricing structure. Factors affecting price determination are discussed, along with the consequences of an ineffective pricing structure, important legal considerations and the concept of ‘going rate’ pricing.
Module 6. Branding and Packaging
The extent to which simple branding and packaging can influence the performance and profitability of a product is examined in module 6. Candidates consider the various functions and objectives of packaging, key legal factors that can affect packaging decisions, how packaging influences wider branding efforts and the growing importance of eco-friendly packaging.
Module 7. Channels of Distribution
Module 7 introduces distribution channels as part of a wider sales and marketing strategy, outlining the pros and cons of several major channels of distribution. Candidates explore direct and indirect distribution channels, product and market considerations, the costs of distribution and key challenges in the effective/efficient distribution of products.
Module 8. Marketing your Product
Concluding the course, module 8 guides candidates through the process of creating, implementing and optimising an effective marketing strategy. The value and importance of market research is also discussed, along with a breakdown of the marketing cycle, an introduction to market segmentation, the various stages of the sales cycle and more.
Paying in Instalments: £640(interest FREE Instalments)
No of Instalments: 12
Each Instalment: £40
Pay in Full: (£100 Discount) £540
At the end of this course successful learners will receive a Certificate of Achievementfrom ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Oxford home study centre has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 5 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.
The course itself has been designed by Oxford home study centre to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards/Certa endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.
ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Enrich your resume with an endorsed Level 5 Business Development Diploma and tomorrow could be yours for the taking. For some, the dream is to take on a high-profile leadership role at the top of the corporate ladder. For others, it’s about setting up solo and becoming a successful entrepreneur. In both instances, you’ll find the teachings of our exclusive Level 5 Business Development Diploma invaluable. Qualified business development specialists with an established track-record can earn anything from £25,000 to more than £100,000 with experience.
Who Should Take This Course?
At Oxford Home Study Centre, we welcome ambitious and enthusiastic candidates from all over the world. Our highest-level program to date, this endorsed Level 5 Business Development Diploma was created with the following applicants in mind:
From start to finish, your assigned tutor will provide the support you need to gain maximum value from your studies. Get started on your Level 5 Business Development Diploma today, or contact our student support team for more information.