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Business Development Executive - Mid Market

Business Development Executive – Mid Market - Hospitality Specialist

Are you a dynamic sales professional with a passion for the hospitality and or retail industry and a drive for excellence? Join a team that is revolutionizing merchant payments acceptance across Europe. As a Business Development Executive for Viva.com, you will be at the forefront of cutting-edge payment solutions, enabling businesses to thrive in the ever-evolving market.

Apply now to embark on a journey of professional growth and success with viva.com!

Why viva.com?

Viva.com, the 1st Tech Bank in Europe for Businesses, revolutionises omnichannel payments acceptance, offers card issuing, loans and deposit accounts. Viva.com is the first to pioneer and holds the top position in the Tap on Any Device technology, enabling payments acceptance on any device or even without a device. Today Viva.com is leading the transition to All-in-One business solutions, powered by its full suite of financial services.

 To that end, reflecting its holistic approach to business needs, Viva.com has built a dynamic ecosystem featuring over 450 tech partner-innovators in the software and hardware space. Connecting directly to all local payment schemes, alternative payment methods and payment systems across the continent, further strengthens Viva.com’s value proposition.

Viva.com envisions to provide businesses a value-driven platform to accelerate the adoption of the latest technology.

What you will do:

As Business Development Executive – Mid Market you will be responsible for identifying, developing, and closing new business opportunities for omni-channel merchant acquiring solutions enabling merchants to accept in-store and online payments from their customers. You will target merchants with a card turnover of £2million+ per annum, for your allocated vertical. You will use a needs-based (MEDDPICC) sales process to understand the merchants' challenges, goals, and preferences, and propose tailored solutions that meet their requirements and add value to their business. You will also build and maintain long-term relationships with the merchants, ensuring their satisfaction and loyalty.

Key Responsibilities:

  • Managing the whole sales cycle from prospecting to closing, using various channels such as cold calling, referrals, networking, and online platforms, utilising the MEDDPICC sales process;
  • Develop your online and offline payment solutions knowledge to be considered a subject matter expert;
  • Conduct discovery calls and meetings with potential merchants, using effective questioning and listening skills to uncover their needs, pain points, and objectives through the MEDDPICC sales process;
  • Present and demonstrate the features and benefits of the merchant acquiring solutions, using relevant case studies, testimonials, and data;
  • Handle objections and concerns, and provide solutions that address the merchants' needs and expectations;
  • Negotiate and close contracts, ensuring compliance with the company's policies and procedures;
  • Build and maintain strong relationships with the merchants, and identify opportunities for cross-selling and upselling other products and services;
  • Update and manage the sales pipeline and CRM system, and report on the sales activities and results;
  • Act as the customer relationship owner to ensure delivery on customer expectations efficiently and within timeframe commitments to ensure their satisfaction and retention;
  • Collaborate with internal teams and coordinate activities such as delivery support, after-sales support and service;
  • Collaborate with the internal colleagues, such as marketing, product, and operations, to provide feedback and insights on the market trends, customer needs, and competitive landscape;
  • Attend and participate in sales meetings, training sessions, and events as per the requirements of the business;

Skills and Qualifications:

  • Proven sales hunter with experience and track record of achieving sales targets and company objectives.
  • Vertical sales specialism within Hospitality and or Retail;
  • Highly motivated and results-oriented, with the ability to work independently and as part of a team;
  • Highly adept sales skills and of using needs / solutions based sales process;
  • Excellent communication and interpersonal skills, with the ability to build rapport and trust with the merchants;
  • Strong presentation and demonstration skills, with the ability to convey complex information in a clear and compelling way;
  • Adaptable and flexible, with the ability to handle multiple tasks and changing priorities;
  • Analytical and problem-solving skills, with the ability to identify and resolve issues;
  • Proficient in using CRM systems and MS Office applications;

Advantageous:

  • Experience of selling merchant acquiring or payment solutions.
  • Highly competitive salary
  • Sales bonus of upto 18 monthly salaries per annum based on individual and company performance;
  • Private medical health insurance;
  • Car / Mobility allowance (for use of own vehicle);
  • Mobile phone and laptop allowances;
  • Fuel and parking expenses;
  • We work in an open, transparent working environment that actively promotes ingenuity and team work;
  • You will be fully trained and continuously supported;
  • Working in an international fin-tech company with a large cultural diversity;
  • A fast paced and collaborative working environment;
  • Motivated and dynamic colleagues;
  • Work with the latest in payments acquiring technology;
  • Opportunity to grow progressively in your domain;
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Average salary estimate

$75000 / YEARLY (est.)
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$60000K
$90000K

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What You Should Know About Business Development Executive - Mid Market, Viva.com

Are you ready to take your sales skills to the next level as a Business Development Executive – Mid Market with Viva.com? If you have a passion for the hospitality and retail industry, this role is perfect for you! At Viva.com, we're on a mission to redefine how businesses accept payments across Europe with our innovative omnichannel solutions. As part of our dynamic sales team, you'll be the key player in connecting merchants to cutting-edge payment technologies, allowing them to thrive in a competitive marketplace. Your journey will include identifying new business opportunities and building long-lasting relationships while utilizing the MEDDPICC sales process to tailor solutions that genuinely add value. You'll be engaging with merchants who have a card turnover of over £2 million annually and addressing their unique challenges with insightful and data-driven presentations. Plus, with a competitive salary, monthly sales bonuses, and a supportive, collaborative work environment, you’ll find ample opportunities for professional growth and personal satisfaction. Join us at Viva.com, known as the first Tech Bank in Europe for Businesses, and help us lead the transition to all-in-one business solutions. This isn’t just another sales position; it’s a chance to shape the future of payments in Europe. Don't miss out on the opportunity to work with a vibrant team dedicated to innovation and excellence. Come and make a difference with us today!

Frequently Asked Questions (FAQs) for Business Development Executive - Mid Market Role at Viva.com
What are the responsibilities of the Business Development Executive - Mid Market at Viva.com?

The Business Development Executive - Mid Market at Viva.com is responsible for identifying, developing, and closing new business opportunities within the omni-channel merchant acquiring sector. This involves managing the entire sales cycle, engaging with merchants, uncovering their needs through the MEDDPICC sales process, as well as maintaining long-term relationships to ensure customer satisfaction and loyalty.

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What qualifications are required for a Business Development Executive - Mid Market position at Viva.com?

Candidates for the Business Development Executive - Mid Market role at Viva.com should have a proven track record in sales, particularly within the hospitality and retail industries. They should possess strong communication skills, a knowledge of needs-based sales processes, and the ability to adapt to changing priorities. Proficiency in CRM systems and a results-oriented mindset are also essential.

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How does the sales process work for the Business Development Executive - Mid Market at Viva.com?

At Viva.com, the Business Development Executive - Mid Market utilizes the MEDDPICC sales methodology to effectively engage with potential merchants. This involves a deep understanding of the merchants' goals, challenges, and needs, to propose customized payment solutions that facilitate successful transactions both in-store and online.

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What kind of training and support does Viva.com provide for the Business Development Executive - Mid Market?

Viva.com offers comprehensive training and continuous support for the Business Development Executive - Mid Market role. New hires are fully trained in the company's products and the sales process, and they benefit from a collaborative work environment that promotes teamwork and innovation.

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What benefits can a Business Development Executive - Mid Market expect at Viva.com?

A Business Development Executive - Mid Market at Viva.com can expect several benefits, including a highly competitive salary, sales bonuses of up to 18 monthly salaries based on performance, private medical insurance, allowances for car/mobility, mobile phone, and laptop. Employees are also part of a vibrant international team fostering cultural diversity.

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Common Interview Questions for Business Development Executive - Mid Market
Can you describe your experience with needs-based sales methodologies?

In answering this question, you should highlight specific examples from your roles where you utilized needs-based sales processes to identify client challenges and propose tailored solutions. Discuss any training you've had in methodologies like MEDDPICC and how it has impacted your sales outcomes.

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How do you approach building long-term relationships with clients?

To answer this question effectively, discuss your strategies for maintaining regular contact, being responsive to client needs, and demonstrating value through follow-ups and personalized service. Share specific examples that illustrate your relationship-building skills.

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What strategies would you use to target the hospitality and retail sectors?

In your response, outline your knowledge of the hospitality and retail sectors and any strategies you would use, such as market research, networking, or targeted outreach, to connect with potential clients. Mention how you tailor your sales approach based on each sector's specific needs.

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How do you handle objections during a sales process?

When addressing objections, emphasize your active listening skills and ability to empathize with client concerns. Provide a narrative on how you've effectively addressed typical objections in the past and turned them into opportunities for further discussion.

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What do you consider to be the key factors in a successful sales cycle?

Discuss your view on the importance of understanding client needs, effective communication, and persistence throughout the sales cycle. Highlight specific phases where you've excelled, and how these lead to successful closing rates.

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How do you stay updated on the latest trends in payment solutions?

Talk about your commitment to professional development, such as attending industry conferences, participating in webinars, or reading relevant publications. Share any specific resources or networks you rely on to stay informed.

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What makes you passionate about the sales profession?

Share your personal motivations for pursuing a career in sales, focusing on your desire to solve problems for clients and contribute to the success of businesses. Relate your answer to why you want to work with Viva.com specifically.

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Can you describe a time when you exceeded your sales targets?

Provide a scenario where you not only met but exceeded your targets with quantifiable results. Emphasize the strategies you implemented and the skills you leveraged to achieve that success.

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What is your experience with CRM systems in managing sales pipelines?

Discuss your proficiency with CRM systems, including how they help you track interactions, manage leads, and report on sales activities. Mention any specific CRM tools you've used and how they've contributed to your sales success.

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How do you prioritize your sales activities when managing multiple clients?

Explain your approach to time management and prioritization, detailing methods you use to determine which prospects to follow up with based on factors such as sales potential and urgency.

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Viva.com’s mission is to change the way businesses pay and get paid, offering truly unifying, yet localized, end-to-end advanced digital payments solutions and embedded banking services tailored to their needs.

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DATE POSTED
March 18, 2025

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