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Director, Business Development

Madhive is the leading tech company engineered for modern TV advertising. Advertisers seamlessly customize and automate the OTT buying process into an operating system with our self-service platform. Powered by our industry-leading bidder and device graph that processes 260 billion available ad opportunities per day, we deliver precise, brand-safe, audience connections efficiently at scale.

The Opportunity: 

Frequence is seeking an ambitious and energetic Director, Business Development to grow new partnerships with media companies in the cable, broadcast, radio, outdoor, and print space.

As Director, Business Development, you will be responsible to identify, target, and develop new partner prospects through calls, meetings, and industry events. You will lead, and coach a team of individual contributors to do the same.

You will be the face of the company to partners and will have the dedication of talented teams to support your sales and post-sale account growth strategies. 

What You Will Do:

  • Build and maintain a pipeline of active partner prospects through calls, meetings, and industry events.

  • Drive revenue through new partnerships with agencies and brands.

  • Maintain regular communications with Frequence management on key performance indicators related to activity, pipeline, and sales.

  • Track daily sales using company-provided software and prepare and present sales performance at weekly meetings.

  • Participate on behalf of the company in exhibitions or conferences.

  • Motivate, and manage a team of individual contributors to drive revenue. 

Who You Are:

  • Track record of successfully navigating complex organizations and sales processes with multiple decision makers.

  • SaaS experience in AdTech related field

  • Familiarity with traditional media organizations -- outdoor, broadcast, radio, cable, print.

  • Understanding of advertising technology and the online advertising ecosystem (SEM, Social, Display, Pre-Roll, Geofencing, OTT/CTV, etc).

  • 6+ year experience selling online advertising, preferably in RTB audience-based media.

  • Excellent communication, writing, presentation, and interpersonal skills.

  • Bachelor's degree is strongly preferred.

Compensation

The base salary range represents the minimum and maximum of the salary range for this position based on the primary location. The salary for this role is $140,000-$175,000. Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competency, experience and location. Base pay is one part of the total package that is provided to compensate and recognize employees for their work.  

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.  

We support each member of the Frequence team with a comprehensive employee benefits package including health and well-being benefits, retirement contributions, 401(k) savings plan, and much more. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This position requires candidates to be located in the Pacific Standard Timezone, Mountain Standard Timezone, Eastern Standard Timezone or Central Standard Timezone.

Why Frequence?

Frequence is proud to be  certified as a  Great Place to Work.

Our people-first culture and distinctive mission set us apart from others in the industry. As our company grows, so does our need to add sharp, ambitious, and talented people to our team. We're approachable, inclusive, and encourage open dialogue within our community. This is a place where your voice matters. Join us and let's see what we can build together.

Some of the industry-leading benefits we offer include:

  • Competitive compensation

  • Stock options and retirement plans 

  • Health, dental and vision insurance 

  • Short-term disability, Long-term disability, & Life insurance 

  • Flexible PTO and remote work options

  • And more

Frequence, Inc. is an Equal Opportunity Employer. At Frequence, Inc. we are deliberately trying to create a safe space for people of all races, genders, ages, backgrounds, and orientations. It is the policy of Frequence, Inc. to provide equal employment opportunity to all persons, regardless of age, race, religion, color, national origin, sex, political affiliations, marital status, non-disqualifying physical or mental disability, age, sexual orientation, membership or non-membership in an employee organization, or on the basis of personal favoritism or other non-merit factors, except where otherwise provided by law. 

Privacy Policy can be reviewed here.

#LI-remote

We are Madhive

We empower our clients to create enduring relationships with consumers through maximum-fidelity, TV-first technology that elevates media, embodies relentless innovation, and ensures unrivaled revenue acceleration.

Madhive is a dynamic, diverse, innovative, and friendly place to work. We embrace our differences and believe they fuel our creativity. We come from varied backgrounds and think that’s important. Whether it’s taking ideas from previous lives and applying them in different ways or creating something completely new, we are all trail-blazing team players who think big and want to make an impact. 

We are committed to cultivating a culture of inclusion and collaboration. We welcome diversity in education, culture, opinions, race, ethnicity, gender identity, veteran status, religion, disability, sexual orientation, and beliefs.

Please be advised that we will NOT be using third-party recruiting agencies for this search.

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Average salary estimate

$157500 / YEARLY (est.)
min
max
$140000K
$175000K

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 Director, Business Development, Madhive

Join Frequence as a Director of Business Development, where you'll play a pivotal role in revolutionizing the world of modern TV advertising! At Frequence, we are committed to empowering advertisers with our cutting-edge technology that streamlines the OTT buying process. As the Director of Business Development, you'll be on the frontline forging new partnerships with media companies across various traditional platforms, including cable, broadcast, radio, outdoor, and print. Your days will be filled with prospecting through calls, meetings, and industry events, while leading a dynamic team eager to make an impact. You'll not only build a robust pipeline of partner prospects but will also drive revenue through innovative partnerships with agencies and brands. Communication is key in this role, so you'll maintain regular updates with management on your performance, ensuring targets are met. You’ll track your progress using our dedicated sales software, preparing engaging presentations during weekly meetings. Your leadership qualities will be crucial as you motivate your team to achieve both sales and post-sale account growth, all while representing Frequence at industry exhibitions. If you’re driven by success and passionate about the AdTech landscape, this is your chance to shine in an innovative and inclusive workplace that truly values its employees.

Frequently Asked Questions (FAQs) for Director, Business Development Role at Madhive
What are the main responsibilities of the Director, Business Development at Frequence?

As the Director of Business Development at Frequence, your key responsibilities include establishing and nurturing partnerships with various traditional media companies, including broadcast and print. You'll create a pipeline of potential partners through networking, attending industry events, and conducting meetings. Additionally, you will be tasked with driving revenue through effective partnerships and providing regular performance updates to management. Managing and motivating your team throughout the sales process is also critical to this role.

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What qualifications are required for the Director, Business Development position at Frequence?

To qualify for the Director, Business Development role at Frequence, you should have a strong track record in sales, particularly within SaaS and the AdTech industry. A minimum of 6 years in online advertising sales, preferably in RTB audience-based media, is required. Familiarity with traditional media organizations and a deep understanding of the online advertising ecosystem are essential. Excellent communication skills and a bachelor’s degree are highly preferred for this position.

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What kind of experience is needed for the Director, Business Development role at Frequence?

Candidates applying for the Director, Business Development position at Frequence should possess extensive experience in navigating complex sales processes. Specifically, prior experience selling online advertising in a territory or targeting strategies is crucial. Knowledge of traditional and digital media landscapes, along with channels such as SEM and CTV, will set you apart in this competitive field.

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How does Frequence support career growth for the Director, Business Development?

At Frequence, we value professional development and provide ample opportunities for career growth for our Director, Business Development staff. You will have access to continuous training and resources to enhance your skills, as well as a supportive management team encouraging advancement. Our performance metrics will help in identifying your strengths, and there will be opportunities to take on new challenges—ensuring that your career trajectory is as robust as your achievements.

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What is the company culture like at Frequence for the Director, Business Development?

The company culture at Frequence is exceptionally inclusive and collaborative. We pride ourselves on being a Great Place to Work, where every team member is encouraged to share their ideas and perspectives. As the Director, Business Development, you will find an environment that not only values diversity but actively seeks to incorporate various viewpoints into our strategies. Open dialogue and an approachable culture ensure that your voice and contributions truly matter.

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Common Interview Questions for Director, Business Development
Can you describe your sales strategy as a Director, Business Development?

An effective sales strategy for a Director, Business Development often includes thorough research on potential partners and understanding their needs. Start by describing how you identify target markets and prioritize leads, emphasizing relationship-building skills, customization of pitches, and follow-up processes. It's crucial to show your ability to adapt strategies based on client feedback and market trends.

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What challenges have you faced in previous business development roles?

When discussing challenges, mention specific situations like navigating complex organizational hierarchies or adapting to new technologies. Focus on how you addressed these issues, the solutions you implemented, and the outcomes. Highlighting your resilience and problem-solving ability will showcase your readiness for the challenges you'll face in the Director, Business Development role.

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How do you measure success in your role as Director, Business Development?

To effectively measure success, explain the various metrics you rely on. These could include revenue growth from partnerships, number of new partnerships formed, customer retention rates, and feedback from stakeholders. Demonstrating your awareness of both quantitative and qualitative measures of success will emphasize your strategic mindset.

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What experience do you have with AdTech products and services?

In your answer, discuss your familiarity with specific AdTech products and how you have leveraged these tools to optimize sales processes. Explain any hands-on experience you've had with programmatic advertising or related technologies, stressing your desire to stay current in this fast-evolving industry.

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How do you handle objections during the sales process?

When responding, emphasize the importance of active listening and empathy. Discuss your approach to uncover the reasons behind objections and how you turn those objections into opportunities. Provide examples of how you've successfully navigated these conversations to achieve positive outcomes.

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How would you develop a new partnership strategy for Frequence?

Outline steps involved in creating a partnership strategy, starting with thorough market research and competitive analysis. Then, address the importance of aligning partnership opportunities with Frequence's mission. Discuss setting measurable goals, maintaining flexibility, and utilizing feedback from existing partners to refine approaches.

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Can you give an example of a successful deal you closed?

Share a specific example of a win, including details about how you identified the opportunity, built a relationship with the client, and navigated the negotiation process. Focus on the skills and techniques you employed to reach an agreement and the impact of that deal on the overall business.

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What is your approach to team motivation and management?

Describe your leadership style, focusing on how you inspire your team toward shared goals. Discuss the strategies you use for setting individual targets, recognizing achievements, and providing constructive feedback. Emphasize how building a positive team culture translates into improved performance.

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Why do you want to work for Frequence?

Express enthusiasm for Frequence's mission and culture. Discuss how the company’s innovative approach to the advertising landscape aligns with your professional values and aspirations. Mention your eagerness to contribute to a dynamic team where collaboration and inclusion are prioritized.

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How do you stay updated on industry trends and developments?

Highlight your commitment to continuous learning by discussing how you follow industry publications, attend conferences, and engage with professional networks. Mention any relevant organizations you are a part of or courses you've taken to further your understanding of the AdTech environment.

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Our mission is to empower our clients to create enduring relationships with consumers through maximum-fidelity, TV-first technology that elevates media, embodies relentless innovation, and ensures unrivaled revenue acceleration.

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DATE POSTED
December 8, 2024

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