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Mid Market, Account Director

Job Summary:

An Account Director, Mid-Market primarily focuses on ideal customers under 100 stores. The role of Account Director at RetailNext is to meet or exceed assigned growth targets around increasing RetailNext’s business in the AD’s assigned geographic territory. This is done by increasing the Annual Recurring Revenue (ARR) being produced within the territory via the sale of RetailNext’s products and services. These sales can come from new customers to RetailNext, or via existing customers through upsell or cross sell of our products and services. 

 

Responsibilities:

  • Achieves or excels at the annual quota. You are the GM of your Mid-Market business / territory.
  • Develops new prospects, whether they’re introduced by a business partner, a direct inquiry, or a cold-called client (either TDM or AD).
  • Maintain adequate pipeline to achieve quota assigned – knowing which sales activities drive these pipeline generating results.
  • Develops corporate contacts and cultivates relationships at all levels that enhance the company’s position, leading to incremental business. 
  • Maintains regular contact with the account base and increases revenue by positioning and demonstrating new and existing services, preparing appropriate ROIs, and closing the expansion (upsell or cross sell) sale.
  • Prepares quarterly and yearly account plans for each key account and develops territory plan to triage and prioritize mid-market key customers and sub-segments.
  • Generates, develops, manages, and communicates expectations within assigned accounts as well as increasing the scope of penetration within each account.
  • Qualifies new opportunities and prospects, evaluates the size of opportunities, and articulates probability of closure within existing accounts.
  • Maintains complete and accurate documentation in Salesforce of all activity.
  • Maintains broad knowledge of company capabilities versus the strengths/weaknesses of competitive products.
  • Maintains close working relationship with product personnel to know product futures and timing as well as feedback concerns and requests from prospects.
  • Negotiates pricing and implementation and prepares proposals/change orders.
  • Is prepared to travel to client locations as necessary.

 

Skills:

  • Ability to target net new accounts in the mid-market segment, develop relationships with key buying personas, and move opportunities through the funnel to closed won with a high win percentage
  • Ability to properly update and manage sales pipeline with accurate forecasting
  • Ability to manage multiple key relationships/accounts and opportunities at the same time while offering excellent customer service
  • Ability to maintain strong mid-market relationships in hopes of encouraging RetailNext references and advocates
  • Pipeline building with hunting and prospecting prowess in ICP (target) accounts while tactically and strategically using the TDM you are paired with to scale will be key to successfully developing this much broader territory.

 

Knowledge:

  • Understanding of the RetailNext suite of products and services with the confidence to pitch /demo all products and services to any level of customers
  • Some understanding of MEDDICC principles and strategy setting with deal reviews
  • Understanding of internal sales systems, such as SalesForce, and processes such as quoting, installation and deployment, etc.

 

Talents:

  • Ability to build and maintain strong relationships with new and existing customers while balancing a higher volume of opportunities and a shorter sales cycle
  • Ability to offer exceptional customer service and focus on giving the customer a positive experience at all times
  • As smaller companies often this means accessing and developing relationships with CEOs of rapidly growing brands, or at least guiding and attracting them to executive forums and CEO dinners at key marketing and sales events.
  • Ability to thrive in a faster sales cycle / high velocity pipeline building environment since average deal sizes (ASP) will generally be smaller than Enterprise or Named segments.

Why RetailNext?

We revolutionize retail with data-driven insights using IoT and cloud analytics. Operating in 100+ countries, we help retailers optimize shopper experiences.

What’s It Like to Work Here?

  • Remote-First Hybrid: Work anywhere + office access.

  • 90-Day Work Anywhere: Work from anywhere for 90 days yearly.

  • Autonomy & Growth: Flexible schedules, ownership, career investment.

  • Customer Obsessed: Everything we do is for our clients.

Perks & Benefits

  • Best Self Allowance: Annual stipend for personal growth.

  • Recharge Days: Monthly company-wide day off.

  • Career Growth: We invest in you.

Average salary estimate

$75000 / YEARLY (est.)
min
max
$60000K
$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 Mid Market, Account Director, RetailNext

As a Mid Market Account Director at RetailNext, you will be at the forefront of driving growth and building lasting relationships with customers primarily in the mid-market segment, specifically those with under 100 stores. Your mission? Exceed assigned growth targets while strategically expanding our footprint in your assigned territory. Utilizing your keen sales acumen, you'll focus on generating Annual Recurring Revenue (ARR) through both new business acquisitions and upselling to existing clients. Picture yourself creating a solid pipeline from scratch—whether through cold calls or leveraging relationships with partners. You'll develop account plans, maintain contact with clients, and position our innovative products effectively to maximize revenue. As part of your responsibilities, you’ll also ensure all sales activities are meticulously documented in Salesforce, keeping transparency and organization as your priorities. With a deep understanding of the RetailNext product suite and market dynamics, you’ll navigate competitive landscapes, negotiate proposals, and meet clients’ needs effectively. At RetailNext, innovation drives us – we combine cutting-edge IoT and cloud analytics to revolutionize retail across the globe. Join our remote-first hybrid workplace where flexibility is key, and every team member has a voice. We're dedicated to your professional growth with unique perks like a Best Self Allowance and Recharge Days. Are you ready to elevate your career by helping retailers optimize shopper experiences? Let’s do it together, at RetailNext!

Frequently Asked Questions (FAQs) for Mid Market, Account Director Role at RetailNext
What are the key responsibilities of a Mid Market Account Director at RetailNext?

The Mid Market Account Director at RetailNext is tasked with exceeding assigned growth targets by focusing on both acquiring new customers and upselling to existing ones. Key responsibilities include developing and managing a sales pipeline, maintaining regular communication with clients, preparing quarterly account plans, and negotiating pricing and proposals, all while ensuring accurate documentation in Salesforce.

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What skills are essential for a Mid Market Account Director at RetailNext?

Essential skills for the Mid Market Account Director include proficiency in sales pipeline management, relationship-building capabilities with key buying personas, and excellent customer service. Moreover, the ability to thrive in a fast-paced environment, strong negotiation skills, and familiarity with RetailNext’s product suite are crucial for success in this role.

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How does RetailNext support the professional growth of a Mid Market Account Director?

RetailNext is dedicated to the professional development of its employees, including the Mid Market Account Director. The company offers a Best Self Allowance for personal growth, flexible schedules, and provides opportunities for career advancement within a supportive environment, all aimed at helping you achieve your career goals.

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What is the work culture like for a Mid Market Account Director at RetailNext?

The work culture for a Mid Market Account Director at RetailNext is characterized by a remote-first hybrid model which gives you the flexibility to work from anywhere while also providing access to office resources. The company emphasizes autonomy, customer obsession, and collaboration, making it a great place for those who thrive in dynamic environments.

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What tools do Mid Market Account Directors use at RetailNext?

Mid Market Account Directors at RetailNext primarily utilize Salesforce for managing relationships and tracking sales activities. Familiarity with internal sales systems and understanding MEDDICC strategies can also enhance their effectiveness in identifying opportunities and closing deals.

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Common Interview Questions for Mid Market, Account Director
How would you approach developing a new sales pipeline as a Mid Market Account Director?

In developing a new sales pipeline, I would begin by identifying target accounts and understanding their needs. Networking through industry events and leveraging partnerships would help me gain introductions. I’d utilize detailed outreach strategies, ensuring I engage appropriately with multiple buying personas to build relationships that lead to sales.

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Can you describe your experience with upselling and cross-selling?

My experience with upselling and cross-selling revolves around actively listening to customer needs and identifying how additional RetailNext products can solve their challenges. I focus on building trust, demonstrating the value of our solutions, and preparing tailored proposals that clearly articulate the benefits of expanding our partnership.

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What strategies do you use to maintain strong client relationships?

To maintain strong client relationships, I prioritize regular communication, ensuring clients feel valued and heard. I provide them with insights from our product updates and feedback loops, and I make it a point to proactively check in, showcasing the ROI they receive from our services.

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How do you handle competition in the sales process?

When facing competition, I focus on highlighting the unique value propositions of RetailNext’s products and services. Conducting thorough research on competitors allows me to dispel misconceptions and effectively communicate how our solutions can directly benefit the customer, giving me a competitive edge.

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What is your process for preparing account plans?

In preparing account plans, I assess the current status of each key account and set specific growth objectives. I analyze market trends, customer buying patterns, and goals to determine my strategy, prioritizing activities that will achieve the highest impact. Regular review ensures adaptability to changing conditions.

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Can you share an example of how you achieved a challenging sales target?

In a previous role, I faced a challenging sales target, which I met by intensifying my outreach efforts and leveraging strategic partnerships for referrals. By focusing on relationship-building and understanding customer pain points, I was able to tailor my pitch to resonate more deeply, ultimately exceeding my target.

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What role does teamwork play in your sales success?

Teamwork is vital in sales. Collaborating with cross-functional teams at RetailNext enables me to align our sales objectives with marketing and product strategies. Engaging with my TDM and product specialists provides insights that enhance my pitches and ensure we deliver comprehensive solutions to our clients.

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How do you plan to stay knowledgeable about RetailNext products?

To stay knowledgeable about RetailNext products, I commit to ongoing learning through internal training sessions, product updates, and customer feedback. Engaging with product teams and participating in industry events also helps me stay ahead of trends, ultimately positioning me as a knowledgeable advocate for our solutions.

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What metrics do you use to evaluate your sales performance?

I evaluate my sales performance using metrics such as Annual Recurring Revenue (ARR), win rates, pipeline growth, and client retention rates. Analyzing these metrics allows me to adjust my strategies and ensure that I am consistently meeting or exceeding my quotas.

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How do you ensure a positive customer experience during the sales process?

To ensure a positive customer experience, I prioritize transparency and responsiveness throughout the sales process. I focus on understanding each client’s needs, providing clear information about our offerings, and ensuring follow-up actions are executed promptly, creating a seamless and enjoyable buying experience.

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Headquartered in San Jose, California, RetailNext enables retailers and manufacturers to collect, analyze, and visualize data about in-store customer engagement.

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April 3, 2025

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