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Business Development Manager, Multi-Family

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 Multi-Family Business Development Manager for our Moen brand, you will be developing a market strategy focused on owners, contractors, developers, architects, and property managers to expand market share in the Austin area. 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, preferably in multi-family or hospitality, be extremely autonomous, and able to travel overnight approximately once (1) a month. You may also have a background in contract negotiation and managing a P&L.

This remote position is based in the Austin, TX area. We will provide a company car, laptop, and cell phone and the salary range is anywhere from a base of $90,000 - $120,000K base with a bonus opportunity based on territory performance and other factors. The territory covers Austin, San Antonio, and Corpus Christi.

What you will be doing:

  • Achieve annual sales plan. Deliver results that contribute to the attainment of the annual plan.
  • Works closely with the Regional Manager to develop a market strategy focused on builders, owners, contractors, developers, architects, and property management.
  • Expand current relationships and grow share with top national, regional, and local builders.
  • Mentors Territory Managers (TMs) with BDM competency skills by working with them in the region and sharing knowledge.
  • Partner for success with TMs as it relates to the selection of annual targets and attainment of the annual conversion goal.
  • Work closely with TMs to develop professional relationships between strategic builders.
  • Ensure the complete Moen product portfolio is maximized with builders.
  • Drive 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.
  • Assists the Regional Manager in developing the support network necessary to maximize sales potential within the region.
  • Develops fact-based business case proposals and presents to key business decision makers.
  • Manages assigned budgets to approved guidelines to maintain existing business and increase sales.
  • Monitors and communicates business trends distribution patterns, consumer and trade attitudes, competitive practices, product performance characteristics to Moen headquarters.
  • Orchestrates the organization’s resources to maximize sales opportunities with strategic customers.

Qualifications

  • 5+ years of outside sales experience
  • Ability to negotiate contracts with Key Account customers
  • Understands the Corporate environment, specifically, marketing and product development
  • Excellent 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 and perspectives
  • 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:

  • Bachelor’s 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: $90,000 - $120,000 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

$105000 / YEARLY (est.)
min
max
$90000K
$120000K

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, Multi-Family, Fortune Brands

Are you ready to make an impact in the multifamily housing sector? Fortune Brands Innovations, Inc. is on the lookout for a passionate and driven Multi-Family Business Development Manager to join our Moen brand team. Located conveniently near the vibrant city of Austin, Texas, this remote position is perfect for someone who enjoys the thrill of outside sales and strives to build strong relationships with builders, contractors, and property managers. In this role, you’ll be developing market strategies to help expand our reach across Austin, San Antonio, and Corpus Christi. You'll collaborate closely with territory managers and wholesalers to deliver impressive sales results and mentorship. Your experience in large account management, combined with skills in negotiation and market analysis, will shine as you connect with key decision-makers and present compelling business case proposals. We offer a competitive salary ranging from $90,000 to $120,000, along with benefits and the support you need to excel in this role. Fortune Brands isn't just about sales; we're about creating smarter, safer homes and improving lives. Join us, where diversity is celebrated, and every team member is empowered to thrive!

Frequently Asked Questions (FAQs) for Business Development Manager, Multi-Family Role at Fortune Brands
What are the primary responsibilities of a Business Development Manager at Fortune Brands Innovations?

As a Business Development Manager at Fortune Brands Innovations, your primary responsibilities include developing market strategies focused on engaging owners, contractors, developers, architects, and property managers. You'll work closely with territory managers to expand relationships with builders and maximize sales opportunities, all while ensuring successful contract negotiations and effective P&L management.

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What qualifications do I need to apply for the Business Development Manager position at Moen?

To qualify for the Business Development Manager role at Moen, candidates should have over 5 years of experience in outside sales, particularly in multi-family or hospitality sectors. Strong negotiation skills, an understanding of corporate environments, and excellent interpersonal communication abilities are vital. A Bachelor’s degree is a nice-to-have but not mandatory.

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How does the Business Development Manager at Fortune Brands contribute to team success?

The Business Development Manager at Fortune Brands plays a crucial role in team success by mentoring territory managers, sharing knowledge, and collaborating to set annual targets. By leveraging relationships with key stakeholders and using strategic insights, you will help to expand the customer base and enhance sales performance across the region.

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What travel requirements are there for a Business Development Manager at Fortune Brands?

In your role as a Business Development Manager at Fortune Brands, you can expect to travel overnight approximately once a month. This travel is essential for building relationships in the Austin area and surrounding territories, ensuring you engage with key clients effectively and capitalize on market opportunities.

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What benefits are available to Business Development Managers at Fortune Brands?

Fortune Brands offers a comprehensive benefits package for Business Development Managers, including competitive salaries, bonuses based on performance, flexible time-off policies, health plans, a robust 401(k) with company contributions, and product discounts. The company also promotes inclusivity and offers support through various Employee Resource Groups.

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Common Interview Questions for Business Development Manager, Multi-Family
Can you describe your experience in outside sales related to the multifamily sector?

In discussing your experience in outside sales related to the multifamily sector, focus on specific examples where you've successfully built and maintained relationships with clients. Highlight your understanding of market trends and how you've leveraged that knowledge to drive sales growth.

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How do you approach creating a market strategy for a new territory?

When creating a market strategy for a new territory, begin by conducting thorough market analysis to identify key players and potential growth areas. Discuss the importance of building relationships and partnerships in the territory, as well as tailoring your approach to meet the unique needs of that market.

Join Rise to see the full answer
What techniques do you use for effective contract negotiation?

For effective contract negotiation, it’s essential to be well-prepared, understanding both your offering and the client's needs. Share techniques such as active listening, finding common ground, and leveraging data to support your position, ensuring a fair agreement for both parties.

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Describe a time when you had to manage several key accounts simultaneously. How did you handle it?

In answering this question, share a specific situation where you successfully managed multiple key accounts. Discuss the organizational tools or techniques you employed to prioritize tasks and maintain communication, ensuring all clients received the attention they deserved while meeting deadlines.

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How do you evaluate market trends, and how does this influence your strategy?

Evaluating market trends involves gathering and analyzing data from various sources, such as industry reports and competitor analyses. Discuss how you translate these insights into actionable strategies that align with business goals, demonstrating your proactive approach to seizing opportunities.

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What strategies do you employ to mentor junior sales staff?

When mentoring junior sales staff, employ a mixture of hands-on guidance and collaborative learning. Emphasize the importance of sharing your experiences, setting clear expectations, and providing constructive feedback, so they feel supported in developing their skills.

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How do you handle rejection in sales?

Handling rejection in sales is about maintaining a positive attitude and viewing it as a learning opportunity. Explain your approach to reflecting on each experience, understanding objections, and refining your sales tactics for future interactions.

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What role does technology play in your sales process?

In your sales process, leverage technology for CRM systems, data analysis, and communication tools to streamline workflows and enhance effectiveness. Discuss how technology enables better tracking of customer interactions, informed decision-making, and improved overall productivity.

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Describe how you have used data to influence a sales strategy?

Share a specific example of using data analytics to inform your sales strategy. Highlight how you identified trends or consumer behaviors and adapted your approach accordingly, ensuring that your strategy was data-driven and targeted.

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How do you stay motivated during challenging sales periods?

Staying motivated during tough sales periods requires resilience and a focus on long-term goals. Discuss strategies such as setting personal milestones, seeking support from peers, and celebrating small wins to maintain a positive mindset.

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DATE POSTED
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