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Account Executive

Parkade is SaaS for private parking, creating a better world with easier (and far less) parking. We help apartments, condos, offices or anyone with private parking move from managing their parking with stickers, hang tags and spreadsheets to automating all parking management, enforcement and customer service. We also help their parking revenue skyrocket. 

Why is this such an exciting opportunity? We’re beloved by our customers, have carved out a differentiated position in a massive market and count some of the country’s most talented investors as backers. 

We’ve already achieved product-market fit: Our CEO sold Parkade into dozens of buildings from 2021 to 2022 and wrote an initial sales playbook. Our new Head of Sales joined this May to lead the sales team, which now has two AEs and two SDRs, who are all hitting quota and iterating on our sales process. The sales team has now sold the product to hundreds of customers who love Parkade (<2% annual churn), and the unit economics are nearly unparalleled in our industry (PropTech).

We’re looking for an Account Executive to take us into hypergrowth, and help Parkade become the first billion-dollar parking-software company and a household name. You'll work closely with our Head of Sales and early sales team members to hit the ground running, network into the world of multi-family and office buildings and convince them to modernize their parking.

Job description

  • Learn Parkade's product and vision inside and out, master into our value props, understand the objections you'll get and identify product gaps we should improve to help you close more sales.

  • Get to know the world of property managers (if you don’t already), understand their role, how they manage parking today and how Parkade can capture the opportunity.

  • Combine leveraging our existing outbound and inbound sales channels, including working with our SDRs, with your own abilities to still do some cold prospecting yourself through whatever channels work best for you (phone, email, referrals, etc).

  • Identify and adopt cutting edge technologies that help you get the job done better.

  • Report directly to the Head of Sales.

About you

  • Resourcefulness. You know how to figure things out, and not rely on things (especially leads) being handed to you on a silver platter. You can source and close a sales pipeline yourself, through a variety of means, and you’ve thrived after making major life changes in your personal and professional life.

  • Hustle. Everyone knows about your high-caliber work ethic, and it’s helped keep you a step above the rest. You don't mind picking up the phone to make a cold call or dropping into an apartment building to gather into on their parking.

  • Communication. Your communication skills are top-notch. You can write fast, clearly, and with impeccable grammar that makes your written communication shine. You have a high EQ, and are able to clearly communicate with your colleagues. 

  • Attentiveness. You have incredible attention to detail and extremely strong organizational skills. You also know how to listen to customers, and don’t just talk. 

  • Team player. You thrive in team environments, balancing your competitive nature with your love of supporting others. You understand and demonstrate, in many ways, that the team winning is more important than you winning.

  • Experience. You’re not just a top-tier salesperson, but you’ve spent years successfully guiding complex software sales through myriad internal and buyer stakeholders. You know how to manage similar deal sizes ($2,500-$100,000 ARR) and sales cycles (77 days on average).

Bonus points

  • Recent startup experience, with a track record of driving sales, comfort with ambiguity and ability to step outside your job description

  • You've sold software before in the multi-family real-estate industry, with some kind of in-person operational component

  • You have a background in parking, real estate and/or property management

  • You have a passion for changing the built world, and creating a safer, greener, more affordable world that doesn't have vastly too much parking.

Benefits

  • Equity so that you'll share in Parkade's future financial success

  • Healthcare to ensure all your bases are covered for you and your family

  • Great culture embodied in our small, high-caliber team of mission-driven doers

  • Unlimited PTO to give our employees a little extra R&R when they need it  

  • Remote work program to allow for flexibility between home and the office

Location

Ideally you're located in the San Francisco Bay Area and interested in working frequently in our San Francisco office. We are also open to stellar remote candidates throughout the United States.

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$70000K
$130000K

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What You Should Know About Account Executive, Parkade

As an Account Executive at Parkade, based in the vibrant city of San Francisco, you'll be stepping into a role that truly impacts how private parking is managed. Imagine being a part of a company that's revolutionizing the parking experience across apartments, condos, and office buildings. Instead of the traditional hassle of stickers and spreadsheets, Parkade automates parking management and enhances customer service, all while boosting revenue for property managers. This isn't just any role; it's an opportunity to join a team that's achieved product-market fit and is on the verge of hypergrowth. You'll work closely with our dynamic Head of Sales and a motivated sales team to generate leads, engage with property managers, and bring them onboard with our innovative solutions. Your ability to communicate effectively and build relationships will shine here as you navigate the world of property management. Key responsibilities include mastering our product and understanding what makes it indispensable for your clients. Your resourcefulness will be crucial, allowing you to prospect effectively, even using cold calls to connect with potential customers. We're searching for someone driven, with a proven track record in complex software sales, who can balance competitive ambition with a commitment to teamwork. If you're ready to help Parkade become a household name and thrive in a supportive, forward-thinking culture, then we can't wait to meet you!

Frequently Asked Questions (FAQs) for Account Executive Role at Parkade
What are the main responsibilities of the Account Executive at Parkade?

The Account Executive at Parkade is primarily responsible for mastering our product and its value propositions, engaging with property managers, and effectively closing sales. You'll leverage both inbound and outbound sales channels while also engaging in some cold prospecting. Building relationships within multi-family and office buildings is key, as is providing feedback on product gaps to improve sales outcomes.

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What qualifications should an Account Executive possess to succeed at Parkade?

To thrive as an Account Executive at Parkade, candidates should demonstrate resourcefulness, a strong work ethic, and exceptional communication skills. Experience in complex software sales, particularly in sectors like multi-family real estate, is highly valued. Additionally, having a good understanding of property management and parking operations will greatly enhance your ability to connect with clients effectively.

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How does Parkade support professional growth for its Account Executives?

Parkade is committed to the professional growth of its Account Executives by providing continuous learning opportunities, access to cutting-edge sales technologies, and collaborative support from the Head of Sales and fellow team members. The culture encourages innovation and creativity, allowing you to share insights and best practices to improve sales techniques.

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What tools and technologies will the Account Executive use at Parkade?

As an Account Executive at Parkade, you'll have access to a variety of sales tools and technologies designed to streamline your workflow. This includes CRM systems for managing leads, communication platforms for outreach, and analytics tools to track your progress. Adopting cutting-edge technologies will help you enhance your sales techniques and efficiency.

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What benefits does Parkade offer to its Account Executives?

Parkade offers a competitive benefits package for its Account Executives, including equity, healthcare plans, unlimited PTO, and a flexible remote work program. The company fosters a positive culture built on high-caliber teamwork, allowing you to balance your professional and personal life effectively while contributing to a meaningful mission in transforming parking management.

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Common Interview Questions for Account Executive
How would you describe your sales process for complex software like Parkade's?

In my sales process for complex software, I prioritize understanding the client's needs by asking insightful questions and listening actively. I seek to identify pain points and demonstrate how Parkade’s solutions can address them. Building rapport and trust is crucial, and I make sure to articulate the value propositions clearly while managing expectations throughout the sales cycle.

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Can you give an example of how you closed a challenging deal?

One challenging deal I closed involved multiple stakeholders with differing priorities. I organized a multi-participant meeting to present tailored solutions from Parkade that addressed each person's concerns. By facilitating open communication and collaborating with the team to adjust our approach, we managed to overcome objections and close the deal successfully.

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What strategies do you use for cold prospecting?

For effective cold prospecting, I employ a multi-channel approach, using emails, calls, and social media to reach potential clients. I craft personalized messages that address the unique challenges of property managers. I also tap into existing networks for referrals and consistently track my efforts to refine future outreach based on what works best.

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How do you handle objections during a sales pitch?

When faced with objections, I first listen attentively to understand the concern fully. This helps me empathize with the client. Then, I address the objection directly, providing evidence or case studies that demonstrate how Parkade has resolved similar issues for other clients. Maintaining a positive and problem-solving attitude throughout the discussion is key.

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Describe a time when you collaborated effectively with a sales team.

In a previous role, our team collaborated on a significant deal that required contributions from various members with different expertise. I took the initiative to organize strategy sessions where we aligned our messaging and identified each team member's strengths. This cohesive effort allowed us to present a unified front, ultimately winning the client over.

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What do you think sets Parkade apart from its competitors?

Parkade sets itself apart through its unique approach to parking management, specifically targeting inefficiencies in private parking operations. Our commitment to customer satisfaction and lower churn rates demonstrates our effectiveness. Additionally, our backing from talented investors and achieving product-market fit quickly positions us as a competitive leader in the PropTech space.

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How do you stay motivated during slower sales periods?

During slower sales periods, I focus on personal growth and skill-building. Staying engaged with industry trends and seeking feedback from colleagues helps me adapt my strategies. I also set small, achievable goals to maintain momentum and keep my outlook positive. Networking and maintaining relationships with potential clients also ensures I'm prepared for future opportunities.

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What do you consider the most important skill for an Account Executive?

The most important skill for an Account Executive is the ability to communicate effectively with clients. Good communication fosters trust and rapport, allowing me to identify clients’ needs better and tailor solutions accordingly. It's also essential for collaborating with team members and ensuring everyone is aligned on our approach.

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Why do you want to work for Parkade?

I want to work for Parkade because I'm passionate about innovative tech that makes a tangible impact in people's lives. The opportunity to contribute to a company that's transforming parking management resonates with my values. Additionally, the supportive culture and commitment to professional growth align with my career aspirations, making it an exciting place to develop my skills.

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How do you prioritize tasks when managing multiple clients?

When managing multiple clients, I prioritize tasks based on urgency and strategic importance. I use task management tools to keep track of deadlines and crucial follow-ups. I also segment my clients based on their needs, ensuring I'm proactive in addressing high-priority accounts while maintaining service quality for all clients. Communication with clients about timelines and expectations also helps in effective prioritization.

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America has massively overbuilt parking, with 8 spots for every car, resulting in wasted land, overpriced real estate, unwalkable cities and increased CO2 emissions — as 49% of emissions come from transportation and concrete production. Yet parkin...

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Full-time, hybrid
DATE POSTED
December 2, 2024

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