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Account Executive, Mid-Market & Majors

Introduction to Demandbase:Demandbase helps B2B companies hit their revenue goals using fewer resources. How? By using the power of AI to identify and engage the accounts and buying groups most likely to purchase. Our account-based technology unites sales and marketing teams around insights that you can understand and facilitates quick actions across systems and channels to deliver big wins. It’s flexible, scalable ABM built for you.As a company, we prioritize both the advancement of careers and the development of world-class technology. We invest heavily in people, our culture, and the communities around us. We have offices strategically located in San Francisco and New York in the US, and Hyderabad, in India and we embrace a hybrid work model in these regions. Outside of these areas we offer a remote work option and boast a significant presence in Austin, TX, Atlanta, GA, and London, UK. Continuously lauded as a great place to work, we are Great Place to Work Certified, and have earned distinctions such as "Fortune's Best Workplaces in the Bay Area,"Best Workplaces in Technology," "Best Workplaces for Millennials," and "Best Workplaces for Parents"!We're committed to attracting, developing, retaining, and promoting a diverse workforce. By ensuring that every Demandbase employee is able to bring a diversity of talents to work, we're increasingly capable of achieving our mission to transform the way B2B companies go to market. We encourage people from historically underrepresented backgrounds and all walks of life to apply. Come grow with us at Demandbase!About the Role:As a New Business Account Executive at Demandbase, you are a “hunter” responsible for bringing in new business (both SaaS and Advertising clients) from companies between $100m and $1b in revenue. In order to achieve success in this role, you must have experience managing complex, multithreaded sales cycles and selling SaaS solutions to multiple C-Suite stakeholders.The base compensation range for this role is: $135,000 - $150,000 which does not include variable pay/commission.What you’ll be doing:• Close new business for the mid-market & majors accounts in a specific geography delivering subscription revenue against quarterly and annual targets.• Apply consultative and value-based sales approach during customer engagements to uncover customer success and ROI opportunities.• Build and manage a robust pipeline of new and expanding businesses that will support quarterly and annual goals.• Develop accurate forecasts and meticulously manage sales activity in CRM (Salesforce.com experience a plus).• Learn the marketing technology domain to understand how Demandbase’s technology can be applied to all stages of your customer’s sales and marketing operations –attracting, engaging, converting, growing, and retaining accounts.• Understand your customer’s marketing and advertising strategies to develop the highest impact plan for adopting Demandbase’s technology.• Interact closely with Demandbase partner sales representatives to ensure our mutual success in the marketplace. Partners include Adobe, Marketo, Eloqua, Salesforce.com, and Google.• Strategic Thinking: Systematically solve problems and hypothesizes possible pain points and implicit needs• Communication: Tailor communication to the customer’s needs with confidence; effectively delivers “memorable” presentations leveraging storytelling skills• Networking: Identify the right customer stakeholders and builds connections quickly to drive consensus for deals; works cooperatively with internal team for deal successWhat we’re looking for:• 6+ years of new business closing experience in an outbound sales environment.• Experience sourcing & selling complex, multi-product SaaS solutions to senior and C-level executives with large buying committees• Experience selling into Marketing and Sales departments. Experience in the advertising technology space a plus+.• Ability to create strategic account plans and manage a complex sales cycle with multiple stakeholders and decision-makers that span across different business lines.• Ability to clearly articulate the business value of solutions that target stakeholders' specific goals and challenges.• Has demonstrated high performance in collaboration with leadership, cross functions including marketing and sales development• Passion for customer success with the ability to communicate that passion effectively in person and over the phone.• A self-motivated and responsible individual with a growth mindset - taking ownership to innovate with intention and make our customers successful• Respectful, high candor in how they work with other peopleBenefits:Our benefits include options for up to 100% paid Medical and Vision premiums for employees, a flexible PTO policy, no internal meetings Fridays, as well as access to Modern Health and other mental wellness resources. Additionally, we offer eight paid holidays and two additional week-long breaks when all Demandbase employees in the US take time off simultaneously (the week of July 4th and the week of Thanksgiving). We also provide 401(k), short-term/long-term disability, life insurance, and other great benefits.Our Commitment to Diversity, Equity, and Inclusion at Demandbase:At Demandbase, we believe in creating a workplace culture that values and celebrates diversity in all its forms. We recognize that everyone brings unique experiences, perspectives, and identities to the table, and we are committed to building a community where everyone feels valued, respected, and supported. Discrimination of any kind is not tolerated, and we strive to ensure that every individual has an equal opportunity to succeed and grow, regardless of their gender identity, sexual orientation, disability, race, ethnicity, background, marital status, genetic information, education level, veteran status, national origin, or any other protected status. We do not automatically disqualify applicants with criminal records and will consider each applicant on a case-by-case basis.We recognize that not all candidates will have every skill or qualification listed in this job description. If you feel you have the level of experience to be successful in the role, we encourage you to apply!We acknowledge that true diversity and inclusion requires ongoing effort, and we are committed to doing the work required to make our workplace a safe and equitable space for all. Join us in building a community where we can learn from each other, celebrate our differences, and work together.Personal information that you submit will be used by Demandbase for recruiting and other business purposes. Our Privacy Policy explains how we collect and use personal information.
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Average salary estimate

$142500 / YEARLY (est.)
min
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$135000K
$150000K

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What You Should Know About Account Executive, Mid-Market & Majors, Demandbase

As the Account Executive, Mid-Market & Majors at Demandbase, you'll be the key player in bringing new business opportunities to life. In this role, you're not just targeting clients; you're hunting for those B2B companies that can truly benefit from our innovative AI-driven advertising and SaaS solutions. Your main focus will be on companies with revenue between $100 million and $1 billion, leading complex sales cycles and engaging with C-suite executives to demonstrate the immense value Demandbase can bring to their marketing and sales strategies. Working closely with our supportive team, you'll develop a robust pipeline, leverage marketing technology insights, and utilize great storytelling skills to connect with potential clients. Your consultative sell approach will enable you to understand your customers' unique needs and uncover ROI opportunities. Plus, you’ll have the chance to collaborate with industry-leading partners like Salesforce and Google. At Demandbase, we believe in empowering our team members with resources and a work culture that promotes diversity, respect, and innovation. With competitive compensation and amazing benefits, including flexible PTO and 100% paid medical premiums, this is an incredible opportunity to grow your career while making a tangible difference in the B2B landscape. Join us in transforming how businesses connect and thrive!

Frequently Asked Questions (FAQs) for Account Executive, Mid-Market & Majors Role at Demandbase
What are the key responsibilities of an Account Executive, Mid-Market & Majors at Demandbase?

As an Account Executive, Mid-Market & Majors at Demandbase, you'll be responsible for identifying and securing new business relationships within the mid-market and majors segment. Your primary responsibilities will include managing complex sales cycles, engaging with C-suite executives, and developing tailored consultative plans to meet customer needs. You'll also focus on building a strong sales pipeline, accurately forecasting sales activity, and collaborating with partners to ensure mutual success.

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What qualifications are necessary for the Account Executive position at Demandbase?

To excel as an Account Executive, Mid-Market & Majors at Demandbase, you should have at least 6 years of new business closing experience in an outbound sales environment. Experience in selling complex SaaS solutions to senior executives, particularly within marketing and sales departments, is crucial. A deep understanding of the advertising technology landscape will be a plus, along with a demonstrated record of high performance in collaborative environments.

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How does Demandbase support its Account Executive team in achieving their sales targets?

Demandbase provides a robust support system for its Account Executives, featuring continuous professional development, access to leading marketing technologies, and a culture that encourages teamwork. You'll also benefit from a flexible work environment and resources tailored to enhancing both personal and professional growth. With the backing of a knowledgeable team and industry-leading partners, you’ll be well-positioned to achieve and exceed your sales targets.

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What is the work culture like for an Account Executive at Demandbase?

The work culture at Demandbase is vibrant and inclusive, focusing on career advancement and employee welfare. As an Account Executive, you'll find a supportive environment that values diversity, innovation, and respect. The company encourages teamwork, offers flexible work options, and has received accolades for being a great place to work—touching on aspects like work-life balance and community engagement.

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What benefits can an Account Executive expect when working at Demandbase?

Demandbase offers a comprehensive benefits package that includes options for up to 100% paid medical and vision premiums, flexible PTO, and eight paid holidays. Additionally, you'll enjoy special time off during significant holidays and access to mental wellness resources. The company's commitment to employee satisfaction ensures that you have everything needed to thrive both professionally and personally.

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Common Interview Questions for Account Executive, Mid-Market & Majors
Can you describe your experience with complex sales cycles as an Account Executive?

In responding to this question, highlight specific examples from your past roles where you managed complex sales processes. Discuss your approach to identifying stakeholders, addressing their unique needs, and successfully navigating through challenges to close deals. Illustrate how these experiences helped you develop skills in strategic planning and customer engagement.

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What strategies do you use to build a robust sales pipeline?

Share your methodology for constructing a successful sales pipeline, focusing on how you identify target accounts, initiate outreach, and maintain engagement. Discuss the tools you utilize, like CRM systems (Salesforce.com), and emphasize how strategic follow-ups and relationship-building contribute to long-term success.

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How do you tailor your sales approach to the needs of high-level executives?

When answering this question, emphasize your ability to research and understand the specific challenges faced by potential clients. Provide concrete examples of how you’ve customized your presentations and interactions to address the unique objectives and pain points of C-suite executives, showcasing your consultative sales approach.

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Can you provide an example of how you’ve successfully collaborated with internal teams for sales success?

Discuss a particular instance where you worked cross-functionally with marketing or sales development teams to achieve a common goal. Highlight your communication, collaboration skills, and how leveraging diverse perspectives contributed to closing a significant deal, enhancing team synergy.

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What do you believe sets Demandbase's solutions apart in the market?

Here, you should showcase your understanding of Demandbase's unique offerings and how their AI-driven technology enhances B2B marketing strategies. Talk about the integration of marketing and sales operations and the value proposition of using a unified platform for client success.

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How do you stay current with developments in the SaaS and advertising technology space?

Discuss your methods for continuous learning, whether through industry publications, webinars, conferences, or networking with professionals in the field. Illustrate how staying informed about trends and innovations allows you to better serve your clients and position yourself as a knowledgeable advisor.

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What does customer success mean to you, and how do you prioritize it in sales?

Define customer success in your own words, emphasizing the importance of understanding client needs and delivering tailored solutions. Provide examples of how you've gone above and beyond in previous roles to ensure that customers see measurable success from your offerings.

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How do you handle objections from potential clients during the sales process?

Share your strategies for effectively addressing objections by listening actively, empathizing with concerns, and providing clear, fact-based solutions. Use specific examples of challenges you've faced in the past and how you turned them into opportunities for deeper engagement.

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Describe a time you exceeded your sales targets and what led to your success.

Narrate a specific instance where you not only met but surpassed your sales goals. Focus on the planning, execution, and any innovative strategies you employed. Highlight factors such as teamwork, customer engagement, and resilience that contributed to your success.

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What excites you about the opportunity to work at Demandbase?

In your response, express genuine interest in the role and the company culture. Discuss how Demandbase's mission aligns with your professional values, and highlight your enthusiasm for contributing to transformative B2B marketing strategies. Connecting your goals to the company’s vision will demonstrate your keen interest in the position.

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We're here to make B2B better by getting smarter. It's a calling!And it's how we're fulfilling our mission to transform how companies go to market.

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DATE POSTED
December 12, 2024

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