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Principal Partner - Revenue Management (USA)

Our Company: RateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality that works with 2800+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.

RateGain today is one of the world’s largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business. Founded in 2004 and headquartered in India, today RateGain works with Top 23 of 30 Hotel Chains, Top 25 of 30 Online Travel Agents and all the top car rentals including 8 Global Fortune 500 companies in unlocking new revenue every day.

Our Product:
Rev-AI has emerged as the pioneering AI-powered revenue management dashboard designed specifically for car rental companies, holiday parks and resorts, and ferries. Its primary objective is to assist businesses in uncovering their total market potential and optimizing revenue generation, while eliminating the need for labor-intensive manual tasks. By leveraging advanced AI capabilities, Rev-AI empowers organizations to make profitable forecasts and seize valuable opportunities effortlessly.
Rev-AI offers an unparalleled solution for businesses seeking to revolutionize their revenue management practices. By harnessing cutting-edge AI algorithms, it enables users to gain a comprehensive understanding of their market's untapped potential. This invaluable insight empowers decision-makers to make informed choices that maximize revenue streams.

Position Overview: We are currently seeking a dedicated and accomplished Revenue Director to join our team as a specialist in our revolutionary SaaS revenue management product, Rev-AI. As the Director of Revenue Management for Americas, your primary responsibility will be to foster and nurture strong relationships with our clients. You will play a pivotal role in maximizing their utilization of our cutting-edge product and driving revenue growth through your exceptional revenue management skills and experience.

Responsibilities:
Revenue Management Expertise:
In this position, you will function as a valuable addition to the client's revenue management team, providing essential support in revenue management strategy. The cutting-edge capabilities of Rev-AI will address 80% of the challenges faced in revenue management, while the remaining 20% will be dedicated to strategic initiatives, where this role will contribute significant value.

Develop a deep understanding of revenue management processes in our customer’s eco system and introduce industry best practices.

Demonstrate expertise in utilizing our Rev-AI revenue management product to optimize pricing, forecasting, and revenue generation for customers.

Provide guidance and strategic advice to customers on revenue management strategies and tactics, leveraging our product's capabilities.

Conduct product demonstrations and training sessions to educate customers on revenue management techniques and the effective use of our software.

Account Growth and Retention:
  • Identify upselling and expansion opportunities within existing accounts, collaborating closely with the sales team to drive revenue growth.
  • Conduct regular business reviews with customers to assess satisfaction levels, identify areas for improvement, and gather feedback.
  • Collaborate with internal teams to address customer concerns and promptly resolve any technical or operational issues.
  • Provide insights and recommendations based on customer feedback to enhance product features and functionality. Cultivate strong relationships with key stakeholders and decision-makers at customer organizations.
  • Serve as the primary point of contact for customers, addressing inquiries, resolving issues, and providing ongoing supports
Stakeholder Reporting:
  • Provide stakeholders with reports on revenue growth, factors impacting revenue management, and the success of Rev-AI, demonstrating strong return on investment (ROI).
  • Ensure comprehensive reporting at all levels to drive adoption of Rev-AI within the organization.
  • Identify and include relevant metrics and key performance indicators (KPIs) that track the progress of Rev-AI’s performance and revenue objectives.
  • Discuss upcoming milestones, activities, and anticipated challenges to provide stakeholders with a forward-looking perspective, align strategy, and support decision-making.
  • Customize reports for different stakeholder groups, focusing on the information most relevant to their interests and responsibilities.
  • Continuously review and improve the report structure, content, and format based on stakeholder feedback and evolving project needs.
Requirements:
  • Bachelor’s degree in business, Finance, or a related field. Relevant work experience will also be considered.
  • Proven experience as a Revenue Manager in any industry – Car Rental, Airline, Hotels etc.
  • Strong understanding of revenue management principles, techniques, and industry trends.
  • Excellent communication and interpersonal skills, with the ability to build rapport and influence stakeholders at all levels.
  • Strong analytical and problem-solving abilities, with a keen attention to detail.
  • Proven track record of managing customer relationships and achieving revenue targets.
  • Self-motivated, proactive, and able to work both independently and collaboratively within a team.
  • Familiarity with CRM systems and revenue management software is a plus.
  • Excellent presentation skills with ability to create decks for Enterprise clients.

RateGain Glassdoor Company Review
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CEO of RateGain
RateGain CEO photo
Bhanu Chopra
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RateGain's Vision is to be the leading revenue maximization operating system which offers an integrated technology stack that enables the travel industry to accelerate their revenue through acquisition, retention and wallet share expansion.

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DATE POSTED
August 5, 2023

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