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Business Development Manager

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here

Job Description

As a Single Family Business Development Manager for our Moen brand, you will be developing a market strategy focused on national and regional single-family home builders to convert builder business and expand market share in Southern California. You will be working with other territory managers and supporting wholesalers within the market.

The ideal candidate will have strong experience in outside sales and large account management, be extremely autonomous, and able to travel overnight approximately 1-3 nights per month. You may also have a background in contract negotiation and managing a P&L.

This remote position is based in the Los Angeles area. We will provide a company car, laptop, and cell phone, and the salary range is anywhere from a base of $100,000 - $130,000 base with a bonus opportunity based on territory performance. The territory covers Southern California, including Paso Robles, Bakersfield, Los Angeles, Orange County, and San Diego.

What you will be doing:

  • Achieve annual sales plan. Deliver results that contribute to the attainment of the annual plan.
  • Work closely with the Regional Manager to develop a pool-specific single-family market strategy focused on builders, owners, contractors, developers, and architects.
  • Expand current relationships and grow share with top national, regional and local builders.
  • Mentor Territory Managers with BDM competency skills by working with them in the region and sharing knowledge.
  • Partner for success with Territory Managers as it relates to the selection of annual targets and attainment of the annual conversion goal.
  • Work closely with Territory Managers to develop professional relationships between strategic builders.
  • Ensure the complete Moen product portfolio is maximized with single-family builders.
  • Drive Single Family Strategic Account Manager (SAM) generated specifications for national companies at the regional level.
  • Leverage technology and internal process improvements to increase field effectiveness and efficiencies.
  • Assist the Regional Manager in developing the support network necessary to maximize sales potential within the region.
  • Develop fact-based business case proposals and presents to key business decision makers.
  • Manage assigned budgets to approved guidelines to maintain existing business and increase sales.
  • Monitor and communicate business trends distribution patterns, consumer and trade attitudes, competitive practices, product performance characteristics to Moen headquarters.
  • Orchestrate the organization’s resources to maximize sales opportunities with strategic customers.

Qualifications

Basic Qualifications:

  • 5+ years of outside field sales experience
  • Ability to negotiate contracts with key accounts
  • Understand the corporate environment, specifically marketing and product development
  • Strong interpersonal skills with the ability to communicate and maintain positive relationships with all Moen customers (internal and external), subsidiaries, agents and sales associates.
  • Strong presentation skills to audiences of all sizes
  • Ability to work independently and in a team environment
  • Ability to analyze market conditions and competition as well as develop strategic responses to opportunities
  • Ability to travel and work non-standard hours; must be flexible to maximize business opportunities as they arise.

Nice to Have:

  • Bachelors Degree

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $100,000 USD - $130,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

Average salary estimate

$115000 / YEARLY (est.)
min
max
$100000K
$130000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Development Manager, Fortune Brands

If you're passionate about driving sales and making an impact in the construction and home improvement industry, then the Business Development Manager role at Fortune Brands Innovations, Inc. could be your next big move! Based in the vibrant city of Los Angeles, this opportunity with the renowned Moen brand involves crafting strategic market approaches to engage national and regional single-family home builders. Your mission will be to not only convert builder business but also expand Moen's market share throughout Southern California. Working closely with Territory Managers and supporting wholesalers, you'll leverage your extensive experience in outside sales and large account management to thrive in this autonomous position. With a supportive and inclusive company culture, Fortune Brands values your unique perspective and empowers you to take bold initiatives. Whether it’s mentoring colleagues, developing business cases for key decision-makers, or managing budgets to maximize sales potential, you'll play an essential role in elevating lives by transforming spaces into havens. Plus, with a competitive salary range of $100,000 - $130,000 and additional bonuses based on performance, you’ll be rewarded for your hard work and dedication. So, if you're ready to take your career to the next level and join a team that believes in positive impacts and innovation, apply today!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Fortune Brands
What are the key responsibilities of a Business Development Manager at Fortune Brands Innovations, Inc.?

As a Business Development Manager at Fortune Brands Innovations, Inc., your primary responsibilities include developing market strategies focused on engaging single-family home builders in Southern California, achieving annual sales goals, and expanding existing relationships with builders, contractors, and architects. You’ll work closely with Territory Managers to ensure a strategic approach to account management while maximizing the Moen product portfolio. This role requires hands-on involvement in negotiating contracts and providing mentorship to your colleagues, which makes it an exciting opportunity for anyone with a knack for relationship-building and sales.

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What qualifications are needed to apply for the Business Development Manager position at Fortune Brands Innovations, Inc.?

To be considered for the Business Development Manager role at Fortune Brands Innovations, Inc., candidates should have a minimum of 5 years of outside field sales experience with a focus on large account management. Additionally, strong interpersonal and presentation skills are required for effective communication with various stakeholders, including internal customers and builders. While a Bachelor's Degree is nice to have, the most critical qualifications include the ability to negotiate contracts, an understanding of market conditions, and a strong aptitude for independent work and collaboration.

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What is the expected salary range for the Business Development Manager at Fortune Brands Innovations, Inc.?

For the Business Development Manager position at Fortune Brands Innovations, Inc., the expected salary range is between $100,000 and $130,000 based on experience and qualifications. In addition to the base salary, there is an opportunity for performance-based bonuses, making this an attractive compensation package. Furthermore, the company is known for providing an inclusive benefits package that supports employee well-being, including health plans, retirement contributions, and flexible time-off policies.

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Is the Business Development Manager position at Fortune Brands Innovations, Inc. remote?

Yes, the Business Development Manager position with Fortune Brands Innovations, Inc. is primarily remote, allowing you to work from the Los Angeles area while traveling for business as needed. This flexibility lets you manage your schedule effectively while focusing on territory growth throughout Southern California. However, you'll be expected to maintain strong communication and coordination with your team and stakeholders as you develop and execute your market strategies.

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What can candidates expect from Fortune Brands Innovations, Inc. regarding company culture?

Fortune Brands Innovations, Inc. prides itself on a diverse and inclusive company culture. They encourage all employees to express their authentic selves, believing that unique perspectives contribute to the organization's strength. As part of this high-performing team, you'll find an environment where innovation is celebrated and employees are empowered to think big and make bold decisions. The company also provides various employee resource groups, dedicated to inclusivity and fostering a sense of belonging among all associates.

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Common Interview Questions for Business Development Manager
Can you describe your experience with outside sales?

In answering this question, highlight your specific experiences in outside sales, focusing on key achievements and how you met sales goals. Provide examples of how you’ve built relationships with clients and navigated complex negotiations. Tailor your examples to align with the expectations and needs of a Business Development Manager at Fortune Brands Innovations, showcasing your ability to drive results.

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How do you develop a market strategy for expanding business in a specific region?

When asked about developing a market strategy, discuss your approach to analyzing market trends, identifying key clients, and recognizing opportunities for growth. Emphasize your analytical skills and experience with strategic planning. Provide an example from your past where you successfully implemented a strategy that resulted in substantial growth in your territory.

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Tell us about a time you overcame a significant challenge in sales.

In your response, use the STAR (Situation, Task, Action, Result) technique to structure your answer. Describe a specific challenge you faced, the action you took to overcome it, and the outcome. This showcases not only your problem-solving skills but also your resilience and ability to adapt, which is crucial for a Business Development Manager.

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What do you understand about the Moen product portfolio?

For this question, it’s important to convey that you have done your homework on the Moen products. Mention specific products or innovations by Moen and how they fit into the current market landscape. Highlight your interest in how these products can benefit home builders and contractors, demonstrating your understanding of how to position them effectively to clients.

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How do you approach building and maintaining relationships with clients?

Discuss your relationship-building techniques, emphasizing active listening, empathy, and consistent communication. Share examples of how you’ve maintained strong client relationships over time and how you’ve handled any conflicts or disputes, showcasing your interpersonal skills—essential for the role of a Business Development Manager.

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What metrics do you use to measure your sales success?

Outline specific metrics you prioritize, such as sales targets, client retention rates, and market share growth. Discuss how you track these metrics and leverage them for strategic decision-making. In doing so, demonstrate your ability to analyze performance trends and adjust strategies accordingly to optimize success.

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Describe a successful sales negotiation you led.

Share a concrete example of a negotiation you led. Discuss the preparations you undertook, the key points you focused on during negotiations, and the final outcome. Highlight your negotiation tactics, such as finding win-win solutions and maintaining professionalism under pressure, to demonstrate your competency in contract negotiations.

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How do you stay updated on industry trends and competition?

Talk about the resources you rely on for staying informed, such as industry publications, networking events, and research reports. Detail how you use this information to adjust your approaches and refine your strategies as a Business Development Manager, showing that you’re proactive in seeking out knowledge and adapting to market changes.

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What is your experience with mentoring or training others in sales?

Mention any previous experiences you have had in mentoring or coaching fellow sales professionals. Discuss your approach to providing constructive feedback and the positive outcomes that resulted from your mentorship. This can highlight your leadership skills, which are vital for the Business Development Manager role and fostering a collaborative team environment.

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Why do you think you would be a good fit for Fortune Brands Innovations, Inc.?

In your response, express your enthusiasm for the company’s vision and culture, linking your professional experience and values to Fortune Brands' mission. Highlight how your skills in strategic sales and community engagement align with the company’s goals, reinforcing that you would thrive within their high-performing, inclusive team environment.

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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
April 10, 2025

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