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Business Development Manager (Account Executive) - BI Team

Lighthouse seeks a passionate Business Development Manager to support their mission in the hospitality sector, leveraging innovative strategies to drive business growth.

Skills

  • Business development
  • Sales strategies
  • CRM software proficiency
  • Client relationship management
  • Cold calling

Responsibilities

  • Source potential client opportunities via cold calling and emailing campaigns.
  • Build, organize, and execute a business development plan to achieve targets.
  • Utilize and develop innovative strategies to maximize results.
  • Respond to incoming product inquiries and leads in a timely manner.
  • Prepare accurate quotes and presentations for clients.
  • Organize product demonstrations and training sessions.
  • Maintain accurate records of business development activities on CRM.
  • Achieve sales KPIs and targets.
  • Contract negotiation and customer feedback management.

Education

  • Bachelor's Degree in Hospitality, Business, Communication, Finance, Economics or relevant field

Benefits

  • Competitive compensation
  • Hybrid working environment
  • Flexible time off
  • 401k matching
  • Health insurance with company contribution
  • Employer paid disability and life insurance
  • Parental leave
  • Wellbeing support
To read the complete job description, please click on the ‘Apply’ button
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CEO of Lighthouse
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Ron Markezich
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Average salary estimate

$75000 / YEARLY (est.)
min
max
$70000K
$80000K

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 (Account Executive) - BI Team , Lighthouse

At Lighthouse, we’re excited to announce an amazing opportunity for a Business Development Manager (Account Executive) to join our vibrant Business Intelligence team! Based in the Denver Metropolitan Area, you'll become part of a revolutionary mission to transform commercial strategy within the hospitality industry. With a cutting-edge platform that offers actionable insights and advanced pricing tools, your role will be pivotal in empowering partners to maximize their revenue potential. Your efforts in sourcing potential client opportunities through innovative campaigns and networking will set the stage for success. As a fundamental part of our revenue team, you'll organize and execute business development plans that help us smash our sales targets. You'll be the contact point for product inquiries, providing insightful quotes and professional proposals, and facilitating product demonstrations that showcase our competitive edge. Your proactive approach in maintaining client relationships not only fosters trust but also bolsters our mission to refine and optimize our services based on real-time feedback. With our commitment to flexibility, collaboration, and a focus on professional growth, you'll thrive in our dynamic environment where your contributions genuinely matter. We can’t wait to see how your unique talents can shine as you help us illuminate the future of the hospitality sector!

Frequently Asked Questions (FAQs) for Business Development Manager (Account Executive) - BI Team Role at Lighthouse
What are the primary responsibilities of a Business Development Manager (Account Executive) at Lighthouse?

As a Business Development Manager (Account Executive) at Lighthouse, you'll be expected to source client opportunities through various channels such as cold calling and networking. You'll also build and execute a business development plan to hit sales targets, respond to client inquiries, create proposals, and conduct product demonstrations. Engaging with clients and maintaining relationships while achieving sales goals is key to your success in this role.

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What qualifications are required for a Business Development Manager (Account Executive) position at Lighthouse?

To be considered for the Business Development Manager (Account Executive) position at Lighthouse, candidates are required to have a minimum of a Bachelor's Degree in relevant fields such as Hospitality, Business, or Communication. Additionally, you'll need at least 2 years of experience in business development, particularly within the hospitality industry or SaaS companies, along with strong communication skills and proficiency with CRM systems.

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How does Lighthouse support the professional growth of its Business Development Managers?

Lighthouse is dedicated to fostering a culture of professional growth. As a Business Development Manager (Account Executive), you'll have access to internationally diverse teams, mentorship from leaders in the industry, and numerous opportunities for career advancement. We also encourage ongoing feedback and collaboration, ensuring that your development aligns with the company’s mission.

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What is the expected compensation range for a Business Development Manager (Account Executive) at Lighthouse?

The annual base salary for a Business Development Manager (Account Executive) at Lighthouse typically ranges from $70,000 to $80,000, with total earnings including commission expected to reach around $130,000 to $140,000. Salary considerations include factors such as experience, skills, and educational background to ensure a fair and competitive compensation package.

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What work environment can a Business Development Manager (Account Executive) expect at Lighthouse?

At Lighthouse, you'll be part of a hybrid work environment that offers flexible arrangements, allowing you to work from home or in one of our global offices. We emphasize a collaborative culture where teamwork is encouraged, ensuring that the Business Development Manager (Account Executive) can thrive personally and professionally while contributing meaningfully to our goals.

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Common Interview Questions for Business Development Manager (Account Executive) - BI Team
Can you describe your experience in business development within the hospitality industry?

When answering this question, focus on specific examples from your previous positions where you sourced leads or executed successful business strategies in the hospitality sector. Highlight any tools or methodologies used to track metrics and outcomes.

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How do you prioritize your tasks as a Business Development Manager?

Discuss your approach to task management by outlining your methodology for prioritizing leads and tasks, such as using a CRM tool or setting goals based on potential return on investment. Provide a specific example of how this approach has benefited your previous work.

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What strategies do you find most effective in generating new business?

Share successful strategies you’ve implemented, such as social selling, networking at hospitality events, or leveraging specific software tools. Offering concrete results from these strategies can enhance your credibility.

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How would you handle a client who is hesitant to close a deal?

Outline steps you would take to understand their concerns, emphasizing listening skills and adaptability. Providing a successful past experience where you navigated similar situations can strengthen your response.

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What role does data play in your business development efforts?

Discuss your understanding of using data analytics to inform your strategies, citing examples where data insights led to successful sales closures or improved client engagement. This will reflect your analytical skills and results-oriented mindset.

Join Rise to see the full answer
How do you maintain relationships with existing clients?

Explain your strategies for client retention, such as regular check-ins, feedback loops, or personalized offers. Supporting your answer with prior successful relationship management experiences can be effective.

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What challenges have you faced in business development, and how did you overcome them?

Talk about specific challenges you have encountered, emphasizing your problem-solving skills and resilience. Providing examples of how you turned the situation into a learning experience can demonstrate your ability to adapt.

Join Rise to see the full answer
How do you stay updated on industry trends and developments?

Mention resources such as industry publications, networking events, and relevant online courses or certifications. Demonstrating a proactive approach to continuous learning will reflect positively on your candidacy.

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Can you provide an example of a successful sales campaign you led?

Share the specifics of a campaign, including your objectives, strategies, and the results. Discussing measurable outcomes will showcase your effectiveness and ability to drive results.

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Why do you want to work as a Business Development Manager at Lighthouse?

Articulate your motivation by tying your goals to Lighthouse’s mission and values. Demonstrating genuine enthusiasm for the company’s impact on the hospitality industry will freshen your response.

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SENIORITY LEVEL REQUIREMENT
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SALARY RANGE
$70,000/yr - $80,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 20, 2025

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