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Account Executive (New Jersey)

Account Executive - Connected Innovation Solutions


Patsnap is a global, pre-IPO company that transforms the way organizations harness their Intellectual Property and Research & Development productivity. Our platform revolutionizes how IP and R&D teams collaborate across the entire innovation lifecycle, using domain-specific AI to accelerate the creation of market-ready products. With over 12,000 customers worldwide, including some of the biggest names in innovation, Patsnap is at the forefront of technological advancement. Our $300M Series E funding round brings our valuation to a $1 billion unicorn status, and we still have a remarkable amount of growth ahead. 


We have a vibrant and diverse team with offices in Singapore, Toronto, London, and Shanghai. Our hyper-growth trajectory is powered by our people, and we are extremely proud of our company-wide vision, work ethic, and entrepreneurial spirit. We are committed to fostering an inclusive environment where talent thrives and ideas bloom.   


Role Summary:


We are currently on the search for an Account Executive to join our Connected Innovation Solution sales team. You will be responsible for driving new business growth within the Finance, Automotive, Engineering and Food Production verticals, by identifying, engaging, and closing opportunities companies in those verticals. This role requires a consultative sales approach, leveraging our innovation intelligence platform to help clients accelerate R&D, navigate IP landscapes, and bring products to market faster. You will own the full sales cycle, from prospecting to negotiation and deal closure, collaborating closely with marketing, SDRs, and account management teams to drive revenue. Success in this role requires a exceptional relationship-building skills, and the ability to translate complex data solutions into compelling value propositions for R&D, IP and business stakeholders. 


This is a remote position for a candidate within New Jersey.


What You'll Be Doing:
  • Analyze your territory and convert opportunities into growth
  • Exceed sales targets and KPIs consistently
  • Manage and convert the pipeline with accurate reporting
  • Prospect through various channels and convert leads into opportunities
  • Effectively handle sales processes via phone, Zoom, and in-person interactions.
  • Develop a strong understanding of Patsnap’s offerings and the evolving IP service/software industry


What You've Done Before:
  • Possess strong communication, presentation, and leadership skills
  • A proven track record of exceeding targets
  • 1+ years of 360 sales experience and solution sales training
  • Successful engagement with senior stakeholders and managing complex sales processes
  • Background in the Innovation/IP solutions industry with additional language proficiency is a plus


Benefits & Perks:
  • Unlimited vacation
  • 2 volunteer days for community volunteering 
  • Health and dental benefits for you and your dependents from day one
  • 401K matching  
  • Remote work environment + WFH stipend for your home office set-up
  • 24/7 employee assistance program which provides access to virtual healthcare, therapy, financial and legal assistance, wellness counselling and resources for family support. 


Our Values:
  • Integrity: We are fair and transparent in everything we do and hold each other accountable for our actions.
  • Leadership: We lead by example and inspire each other to reach new heights.
  • Openness: We are open and honest and share our ideas with care and consideration.
  • Growth: We are lifelong learners who choose resilience and grit over defeat.
  • Innovation: We seek out new ways to solve problems and do not stop until we have created a higher standard.
  • Customer: Our customer is at the center of everything we do. Their success is our success.


Patsnap is proud to be an equal opportunity employer (EOE) that champions diversity. We do not discriminate based on race, religion, national origin, citizenship, sex, gender identity or expression, sexual orientation, pregnancy, age, or marital, veteran/military, or disability status, or any other protected status in accordance with federal, provincial/state or local laws.


Even if you don’t meet 100% of the above qualifications, we encourage you to apply and tell us why you’d be a great fit for this role! If you require any accommodations during the interview process, please email us at recruitment@patsnap.com so we can best support you.

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What You Should Know About Account Executive (New Jersey), PatSnap

As an Account Executive at Patsnap, based in New Jersey, you'll be diving into the world of Connected Innovation Solutions where technology meets creativity! Our company is transforming how organizations utilize their Intellectual Property and streamline their Research & Development productivity. We're proud to be a global player with a valuation of $1 billion, and we are poised for remarkable growth. In this exciting role, you'll take charge of new business growth within key verticals like Finance, Automotive, Engineering, and Food Production. Your responsibilities will range from prospecting and engaging with potential clients, to negotiating and closing deals. A consultative sales approach is crucial as you'll be leveraging our innovative intelligence platform to assist clients in accelerating their R&D and navigating complex IP landscapes. With exceptional relationship-building skills, you’ll effectively connect with R&D, IP, and business stakeholders, making the intricate data solutions we offer resonate. Your success will be measured by your ability to exceed sales targets and keep accurate pipeline reporting. At Patsnap, we celebrate diversity and foster an inclusive environment where your ideas can take flight. Whether your day involves virtual meetings or in-person interactions, your role will be pivotal in driving our mission forward. If you're passionate about innovation and eager to make a meaningful impact in a remote environment, this could be the perfect opportunity for you!

Frequently Asked Questions (FAQs) for Account Executive (New Jersey) Role at PatSnap
What are the responsibilities of an Account Executive at Patsnap?

As an Account Executive at Patsnap, your key responsibilities include driving new business growth in the Finance, Automotive, Engineering, and Food Production verticals. You'll be prospecting, engaging, and closing opportunities with clients while leveraging our innovation intelligence platform to assist in R&D acceleration and IP navigation.

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What qualifications are needed for the Account Executive position at Patsnap?

To qualify for the Account Executive role at Patsnap, candidates should possess strong communication and leadership skills, a proven track record of exceeding sales targets, and at least 1+ years of sales experience. Familiarity with the innovation/IP solutions industry is highly beneficial.

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What sales approach should an Account Executive at Patsnap take?

An Account Executive at Patsnap should take a consultative sales approach, effectively utilizing our innovative platform to build relationships and present compelling value propositions to R&D and IP stakeholders.

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What is the work environment like for Account Executives at Patsnap?

At Patsnap, Account Executives enjoy a remote work environment. We emphasize flexibility and provide employees with a work-from-home stipend to ensure they have the necessary tools and comfort for their home office setup.

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What benefits does Patsnap offer to its Account Executives?

Patsnap offers a comprehensive benefits package for Account Executives, including unlimited vacation days, health and dental benefits from day one, 401K matching, community volunteer days, and access to a 24/7 employee assistance program for various personal support needs.

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Common Interview Questions for Account Executive (New Jersey)
Can you describe your approach to closing a sales deal?

In answering this question, highlight your consultative sales approach. Explain your process of understanding client needs, presenting relevant solutions, and building strong relationships to effectively close deals.

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How do you handle objections during a sales pitch?

When addressing objections, emphasize the importance of actively listening to the client's concerns, empathizing with them, and providing clear, relevant solutions that align with their needs.

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What metrics do you use to track your sales performance?

Discuss key metrics such as sales targets, conversion rates, pipeline management, and customer feedback. Explain how you use these to continually assess and improve your sales strategy.

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Give an example of how you exceeded your sales targets in a previous role.

Provide a specific instance where you surpassed your targets. Include details about the strategies you used, the challenges you faced, and the ultimate outcome of your efforts.

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Describe your experience with consultative selling.

Share your understanding of consultative selling, emphasizing your skills in asking the right questions, identifying customer needs, and tailoring your sales approach to provide tailored solutions.

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How do you prioritize your tasks and manage your time effectively?

Explain your time management strategies, such as setting daily goals, utilizing calendar tools, or prioritizing urgent tasks based on client needs and sales opportunities to ensure efficiency.

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How do you stay informed about industry trends and developments?

Discuss your methods for keeping up-to-date with industry trends, such as reading relevant publications, attending webinars, joining professional networks, and using market intelligence tools.

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What do you believe sets Patsnap apart from its competitors?

Articulate your understanding of Patsnap's unique position in the market, highlighting its innovative platform, commitment to client success, and collaborative culture as differentiators that resonate with potential clients.

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How would you engage a new client who is unfamiliar with innovation solutions?

In response, outline your strategy for educating the client on the benefits of innovation solutions, including demonstrating value through case studies, tailored demos, and industry-best practices to foster understanding.

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What techniques do you use in prospecting new clients?

Detail your prospecting strategies, which may include leveraging social media, email outreach, networking events, and industry research to build a strong pipeline of potential clients.

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At PatSnap, we help companies innovate better. Our innovation intelligence platform helps companies identify technological opportunities that could affect the future growth and survival of their business, so that they can make smarter, more inform...

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Full-time, remote
DATE POSTED
April 19, 2025

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