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Sales Account Executive, Mid Market- Restaurant Tech

Position Description: 

The Mid-Market Account Executive will focus on growing and enhancing PAR's business and product portfolio within the mid-market and small to medium-sized business (SMB) segments. This role involves promoting and implementing PAR's Data Central Management Suite, PAR POS, and PAR's Payment Solutions software and hardware specifically for the hospitality industry through direct engagement with customers. The Mid-Market Account Executive will also collaborate with sales engineering, solution architecture, marketing, and service teams to achieve goals and successfully implement PAR's solutions in the market.

Position Location: Remote, Unites States

Reports To: VP of PAR Sales

Travel: Up to 50%

What We’re Looking For:

  • Bachelor’s degree preferred 

  • 3-5 years of Restaurant Tech Sales experience, preferably with Back of House software solutions.

  • An excellent collaborator with a demonstrated ability to build long-term sales relationships with business, technology, and marketing executives in mid-market restaurant brands

  • Experience using Salesforce, Microsoft Dynamics, or comparable CRM to manage and organize pipeline

  • An innovative individual passionate about educating and delivering unified commerce solutions to enterprise restaurant and retail customers to help achieve business objectives for both customers and the Company.

  • Demonstrated ability to achieve and exceed sales goals.

  • Ability to drive revenue and growth.

  • Sales campaign management organization and execution skills

  • Ability to build positive working relationships, both internally and externally.

  • Ability to produce and distribute professional marketing/sales material

  • Demonstrated strong oral and written communication skills.

  • Strong planning and organization skills.

  • Familiarity and proficiency with full lifecycle sales process management

  • Understanding of solution-based consultative sales

  • Experience selling in a SaaS-based environment

  • Experience selling payments as part of a solution (preferred)

Unleash your potential: What you will be doing and owning:

  • Seek out and target sales opportunities within assigned territory.

  • Collaborate with the marketing team to build regional sales and marketing campaigns.

  • Drives sales growth within designated territory

  • Responsible for researching, updating, and maintaining know your customer (KYC) data within assigned accounts in PAR’s CRM solution

  • Responsible for sales and product forecasts

  • Identifies decision-makers and builds strong executive relationships to promote sales

  • Utilize knowledge of PAR systems to manage and track sales, leads, and contracts

  • Proactively identify changes in the business environment and competitive pressures to develop and modify strategies and tactics accordingly.

  • Remain current in industry trends and current and emerging technology within the restaurant industry

  • Understand competitive products to position PAR products based on the customer’s need and value-add

  • Promote and sell PAR unified commerce solutions

  • Successfully conduct product demonstrations with prospects

  • Manage sales pipeline to achieve or exceed monthly targets

  • Maintain up-to-date records within PAR’s CRM solution

  • Conduct research to identify potential restaurant clients and generate leads through various channels, including online sources, industry events, and cold calling. You will manage the entire sales process, from prospecting to closing deals and maintaining solid relationships with our clients.

  • Engage in outbound activities, including email campaigns, cold calls, and social media outreach, to introduce PAR’s restaurant software solutions, focusing mainly on PAR POS, Data Central Management Suite, and PAR Payment Solutions.

  • Use discovery calls with potential clients to understand their needs, pain points, and requirements and effectively communicate the value proposition of our software solutions.

  • Collaborate closely with the marketing team to align lead-generation strategies and refine messaging for targeted campaigns.

  • Maintain accurate and up-to-date records of all activities, leads, and interactions in the CRM system.

  • Continuously expand knowledge of the restaurant industry, market trends, and competitors to position our solutions and effectively provide consultative advice to prospects.

  • Build and nurture relationships with leads through ongoing follow-ups, providing relevant information, and addressing questions or concerns.

  • Achieve and exceed assigned quotas and sales targets.

Interview Process:

  • Interview #1: Phone Screen with Talent Acquisition Team

  • Interview #2: Video interview with the Hiring Managers (via MS Teams)

  • Interview #3: Sales Presentation with Hiring Managers (via MS Teams)

  • Interview #4: Video Interview with VP of PAR Sales (via MS Teams)

Compensation:

The base salary range for this position is $80,000 to $90,000 USD per year commensurate with work location, experience, skills, certifications, education, and prior accomplishments plus commission based on Sales targets and KPIs.  The position may be eligible for additional compensation, including a bonus and/or equity, as applicable.

 

Perks and Benefits Hot Off the Grill:

  • Unlimited PTO (Exempt Employees)

  • Healthcare Benefits

  • Fitness/ Wellness Reimbursement ($300/year)

  • Internet Stipend (Remote employees)

  • Employee Stock Purchase Program

  • 401k Match

Average salary estimate

$85000 / YEARLY (est.)
min
max
$80000K
$90000K

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 Sales Account Executive, Mid Market- Restaurant Tech, PAR Technology

Are you ready to step into an exciting role as a Sales Account Executive, Mid Market at PAR? In this dynamic position, you'll be the driving force behind promoting and implementing our innovative Data Central Management Suite, PAR POS, and PAR Payment Solutions within the hospitality industry. You'll engage directly with customers, helping them navigate our software and hardware offerings designed specifically for small to medium-sized business segments. Collaborating closely with our sales engineering, solution architecture, and marketing teams, you'll play a crucial role in achieving our sales goals while showcasing your expertise in restaurant tech. We're looking for someone with a bachelor's degree and 3-5 years of experience in Restaurant Tech Sales—preferably with Back of House software solutions. You'll need to be an exceptional collaborator who can forge long-lasting relationships with executives in mid-market restaurant brands. If you have a knack for using CRM tools like Salesforce to manage your pipeline and a passion for delivering consultative solutions that drive results, we'd love to hear from you. With up to 50% travel, your days will be filled with exciting outreach initiatives, product demonstrations, and proactive sales strategy adjustments to meet our clients' evolving needs. So, if you're eager to unleash your potential and drive growth in a vibrant industry, join PAR and help us provide outstanding unified commerce solutions to our valued customers!

Frequently Asked Questions (FAQs) for Sales Account Executive, Mid Market- Restaurant Tech Role at PAR Technology
What are the responsibilities of a Sales Account Executive, Mid Market at PAR?

As a Sales Account Executive, Mid Market at PAR, your primary responsibilities will include seeking sales opportunities, driving sales growth within your territory, collaborating with marketing teams, conducting product demonstrations, and managing the entire sales process from prospecting to closing deals. You will also maintain relationships with clients, conduct research on potential customers, and utilize PAR's CRM solutions to track leads and sales activities effectively.

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What qualifications are needed for the Sales Account Executive, Mid Market role at PAR?

To qualify for the Sales Account Executive, Mid Market position at PAR, candidates should have a bachelor's degree and 3-5 years of experience specifically in Restaurant Tech Sales, ideally within software solution sales. Familiarity with CRM tools like Salesforce, along with strong planning and organizational skills, is essential. The ideal candidate is an excellent communicator and collaborator, capable of building long-term relationships with restaurant executives.

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What does the sales process look like for a Mid Market Account Executive at PAR?

The sales process for a Mid Market Account Executive at PAR involves managing the entire pipeline from initial prospecting to closing deals. This includes conducting discovery calls to understand customer needs, delivering compelling product demonstrations, and effectively communicating the value of PAR's solutions. You will continuously engage with leads through various outreach methods, ensuring accurate and up-to-date records are maintained within the CRM system.

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What skills are critical for success as a Sales Account Executive, Mid Market at PAR?

Success as a Sales Account Executive, Mid Market at PAR hinges on several skills, including the ability to drive revenue growth, strong relationship-building capabilities, and proficiency in solution-based consultative sales. Familiarity with the restaurant industry, planning and organization, effective communication, and a solid understanding of full lifecycle sales process management are also critical to excel in this role.

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What is the interview process for the Sales Account Executive, Mid Market position at PAR?

The interview process for the Sales Account Executive, Mid Market role at PAR consists of several steps, including a phone screen with the Talent Acquisition Team, a video interview with hiring managers, a sales presentation, and a final video interview with the VP of PAR Sales. Each step assesses your fit for the role while allowing you to showcase your skills and expertise.

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Common Interview Questions for Sales Account Executive, Mid Market- Restaurant Tech
How do you approach identifying sales opportunities in the mid-market segment?

When identifying sales opportunities in the mid-market segment, I prioritize researching and analyzing industry trends and potential client needs. Utilizing CRM tools to manage and track leads helps me pinpoint the right prospects, ensuring I engage with decision-makers effectively. This proactive approach allows me to customize my outreach strategies to resonate with each client.

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Can you describe a successful sales campaign you led in your previous role?

In my previous role, I orchestrated a sales campaign targeting mid-market restaurants by integrating personalized outreach, educational webinars, and follow-up strategies. By collaborating closely with the marketing team, we were able to generate a significant increase in leads, resulting in a 30% increase in sales over a quarter. Sharing specific results during interviews shows my ability to drive impactful outcomes.

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What techniques do you use to build relationships with clients?

Building relationships with clients involves active listening to understand their pain points and providing relevant information over time. I make sure to follow up regularly with added value, whether through industry insights, relevant resources, or by simply checking in on their progress, which fosters trust and ongoing collaboration.

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How do you handle objections from potential clients?

When facing objections from potential clients, I believe in addressing concerns directly and thoughtfully. By asking probing questions, I seek to understand the root of their hesitations, allowing me to tailor my responses and highlight the unique value propositions of PAR's solutions that align with their specific needs.

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What software tools do you prefer for managing the sales process?

I prefer using Salesforce for managing the sales process as it allows for detailed tracking of leads, sales activities, and customer interactions. Its comprehensive reporting features provide valuable insights into my pipeline, enabling me to make data-driven decisions and optimize my sales strategies effectively.

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Describe your experience with consultative selling.

My experience with consultative selling focuses on understanding and addressing client needs rather than just selling a product. I engage in thorough discovery calls to gain insights into their challenges, leading to customized presentations of how PAR's solutions can provide real value and help achieve their business objectives.

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How do you stay informed about industry trends and competitors?

I stay informed about industry trends and competitors by regularly reading industry publications, attending trade shows, and participating in networking events. Engaging with online communities and following key influencers also helps me stay ahead of changes in the restaurant tech landscape, enabling me to position PAR's solutions effectively.

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What strategies do you use to exceed your sales targets?

To exceed my sales targets, I prioritize setting specific, measurable goals and breaking them down into achievable steps. I continuously evaluate my performance and adjust strategies as needed, focusing on nurturing leads, responding swiftly to inquiries, and leveraging collaborative efforts with marketing for impactful campaigns.

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How do you handle competition in the sales environment?

In a competitive sales environment, I focus on highlighting the unique features and benefits of PAR's offerings and proving their value to clients. I also ensure to keep a pulse on competitor product developments, corresponding strategies, and feedback from clients to adapt my pitch and maintain a compelling value proposition.

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Explain your process for conducting product demonstrations.

When conducting product demonstrations, I first ensure I understand the specific needs of the client. I then tailor the demonstration to showcase relevant features and functionalities that address their concerns. Encouraging engagement through Q&A during the demonstration helps ensure clarity and highlights how PAR's solutions can drive their success.

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PAR Technology Corporation's provides restaurant and retail technology. PAR offers management technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick se...

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DATE POSTED
January 14, 2025

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