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Senior New Logo Account Executive

Company Description

It all started in sunny San Diego, California in 2004 when a visionary engineer, Fred Luddy, saw the potential to transform how we work. Fast forward to today — ServiceNow stands as a global market leader, bringing innovative AI-enhanced technology to over 8,100 customers, including 85% of the Fortune 500®. Our intelligent cloud-based platform seamlessly connects people, systems, and processes to empower organizations to find smarter, faster, and better ways to work. But this is just the beginning of our journey. Join us as we pursue our purpose to make the world work better for everyone.

Job Description

The New Logo Account Executive is a pivotal role to ensuring ServiceNow’s continued growth. In this role, you will identify new business by strategically navigating a targeted set of prospective accounts to close initial opportunities and convert our Prospects to Customers who will grow with us for years to come. By deeply understanding their unique company challenges and goals, you will pair them with solutions that will help them reach their business objectives and blaze new trails within their organizations. You play a critical part in our “DESCO21” go-to-market strategy, and you will be set up for success within a fast paced, collaborative, and inclusive culture.

You are a self-starter and an innovator. You will establish relationships within a defined set of accounts to achieve net new revenue growth targets for your given territory. By leveraging analytics, case studies, past performance, and market intelligence, you will create a territory plan and craft your own target account strategies. You will then apply these strategies and leverage your extended sales team and partner ecosystem to sell the value and long-term ROI of one or more of our industry leading solutions.

Post-sale you will lead in orchestrating the transition of these accounts to our established Account Management team as you continue to focus on net new logo accounts.

Qualifications

Strategic territory planning - Follow a disciplined and analytical approach to planning and maintaining a target new account pipeline. Keep pipeline current and progressing.

  • Sales strategies - Develop effective and specific account plans to maximize new revenue growth. Develop and leverage relationships throughout our strong partner networks and in your net new customer accounts to drive strategy through organization.
  • Creative marketing and prospecting – Think outside-the-box to cultivate awareness of the ServiceNow vision. Strong planning and execution of targeted campaigns for your territory.
  • Customer Acumen - Actively understand each customer’s strategic growth plans, technology footprint and corresponding technology strategy, internal challenges and competitive landscape. Review public information (e.g., new executive appointments, earnings statements, press releases) for the company and its competitors to remain updated on key industry trends and issues impacting the prospect.
  • Advance and close sales opportunities - through the successful execution of the sales strategy and roadmap.
  • Account Transition – After successfully closing your initial sale, you will orchestrate the transition of the account to our Account Management team.
  • Net New Revenue – Execute on new business revenue goals for the organization.

 

    Qualifications

    To be successful in this role you have:

    • Proven track record of new logo sales experience in IT Service Management, HR, Security Operations, Customer Service, IT Operations Management (within software or IT sales organizations) and/or Management Consulting, with a demonstrated ability to generate new business at new accounts.
    • Demonstrated experience in territory strategy, planning and sales execution with measurable wins.
    • Ability to understand broad, macro-level business IT needs for a prospective client.
    • Ability to break down a complex sales process into discrete activities and see steps ahead to deliver customer outcomes.
    • Excellent interpersonal skills to inspire and lead a matrix team to establish trust and credibility with prospective customers.
    • Demonstrated perseverance, resilience, and savvy to find new creative paths to open doors, increase interaction and participation, and engage prospects.
    • The ideal candidate lives our values to “stay hungry and humble” and doesn’t take their success for granted, always curious, ready to learn and evolve.
    • Travel up to 50% (depending on geography/region).

    Preferred Qualifications

    • Degree or equivalent relevant experience required. Experience will be evaluated based on the core competencies for the role and other transferable qualifications / experience
    • 7+ years of quota carrying, technology solution-based direct sales experience, penetrating net new accounts within a territory.
    • Strong sales strategy skills and demonstrated experience prospecting and bringing in new business.
    • Experience and success selling a variety of SaaS solutions across all lines of business.
    • Demonstrated experience in keeping accurate forecast your territory, monthly/quarterly/annually, utilizing sales tools and analytics to target customers with higher propensity to buy and creating strategies that maximize success.
    • Ability to thrive in a fast-paced environment.
    • Track record of consistently achieving or surpassing your sales quota

    Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

    Additional Information

    Work Personas

    We approach our distributed world of work with flexibility and trust. Work personas (flexible, remote, or required in office) are categories that are assigned to ServiceNow employees depending on the nature of their work. Learn more here.

    Equal Opportunity Employer

    ServiceNow is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, national origin or nationality, ancestry, age, disability, gender identity or expression, marital status, veteran status, or any other category protected by law. In addition, all qualified applicants with arrest or conviction records will be considered for employment in accordance with legal requirements. 

    Accommodations

    We strive to create an accessible and inclusive experience for all candidates. If you require a reasonable accommodation to complete any part of the application process, or are unable to use this online application and need an alternative method to apply, please contact [email protected] for assistance. 

    Export Control Regulations

    For positions requiring access to controlled technology subject to export control regulations, including the U.S. Export Administration Regulations (EAR), ServiceNow may be required to obtain export control approval from government authorities for certain individuals. All employment is contingent upon ServiceNow obtaining any export license or other approval that may be required by relevant export control authorities. 

    From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. 

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    What You Should Know About Senior New Logo Account Executive, ServiceNow

    Join ServiceNow as a Senior New Logo Account Executive and become an integral part of our dynamic team in Vienna, Austria. At ServiceNow, we’re on a mission to transform how organizations work through our intelligent cloud-based platform. As a Senior New Logo Account Executive, you will play a crucial role in driving our growth by identifying and closing new business opportunities with prospective clients. You will utilize your strategic planning skills to build and maintain a vibrant pipeline of potential accounts. Your ability to cultivate relationships and understand each customer’s unique challenges will allow you to effectively present our cutting-edge solutions. This fast-paced environment is perfect for self-starters who thrive on innovation and collaboration. We’re looking for someone who can think creatively to create targeted marketing campaigns that resonate with our potential customers. You’ll need to be analytically minded, using insights and market intelligence to craft effective strategies that not only open doors but also ensure ongoing success for your accounts. In this role, you will lead the transition of newly acquired accounts to our Account Management team while continuing to pursue new opportunities. We believe that a diverse team fosters creativity and success, so we encourage applicants from all walks of life. Embrace the chance to shape the future of work together with us at ServiceNow!

    Frequently Asked Questions (FAQs) for Senior New Logo Account Executive Role at ServiceNow
    What are the responsibilities of a Senior New Logo Account Executive at ServiceNow?

    As a Senior New Logo Account Executive at ServiceNow, your main responsibilities will include identifying new business opportunities, developing strategic account plans, and leading sales initiatives to achieve net new revenue growth. You will need to understand the unique challenges and goals of each prospective client to effectively match them with our innovative solutions.

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    What qualifications do I need to become a Senior New Logo Account Executive at ServiceNow?

    To qualify for the Senior New Logo Account Executive position at ServiceNow, candidates should have at least 7 years of quota-carrying technology sales experience, particularly in IT Service Management and related fields. Proven skills in territory strategy, planning, and sales execution are crucial, along with a strong understanding of customer acumen and interpersonal skills.

    Join Rise to see the full answer
    How does ServiceNow support its Senior New Logo Account Executives in achieving sales targets?

    ServiceNow provides extensive support for its Senior New Logo Account Executives by promoting a collaborative team environment, offering access to comprehensive market intelligence, and facilitating networking within partner ecosystems. You’ll also receive training and resources to enhance your territory planning and account strategies.

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    What is the company culture like at ServiceNow for Senior New Logo Account Executives?

    The company culture at ServiceNow is built on inclusivity, collaboration, and innovation. As a Senior New Logo Account Executive, you will be part of a fast-paced team that encourages creative thinking and supports personal development. ServiceNow values a diverse workforce and believes in providing a flexible and engaging work environment.

    Join Rise to see the full answer
    What are the travel requirements for the Senior New Logo Account Executive role at ServiceNow?

    For the Senior New Logo Account Executive role at ServiceNow, travel requirements may be up to 50%, depending on your territory. This travel enables you to meet potential clients, build relationships, and understand their business needs effectively.

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    Common Interview Questions for Senior New Logo Account Executive
    Can you describe your experience with new logo sales in IT?

    In answering this question, highlight your specific experiences that showcase your ability to identify and close new business opportunities. Include examples of successful strategies you've implemented and how you've navigated challenges within the sales process.

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    How do you approach territory planning as a Senior New Logo Account Executive?

    Discuss your methodology for analyzing potential accounts and developing a territory plan. Emphasize the tools you use to forecast revenue and track progress toward your goals, along with your ability to adapt your strategy based on market changes.

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    What strategies do you use to engage new prospects?

    Share your insights on creative marketing and prospecting techniques. Discuss how you've leveraged analytics and case studies to tailor your approach to different potential clients and what has driven positive results in your engagements.

    Join Rise to see the full answer
    How do you handle objections from potential clients?

    Describe your approach to objection handling by illustrating the importance of understanding the client's perspective. Explain how active listening and building trust can help turn objections into opportunities and how you’ve successfully navigated similar situations in the past.

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    What role does customer acumen play in your sales strategy?

    Elaborate on how understanding a customer's strategic growth plans and internal challenges can shape your approach. Provide examples of how this knowledge has led you to identify suitable solutions and achieve successful sales outcomes.

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    Can you discuss a time when you exceeded your sales quota?

    Utilize this question to detail a specific instance where you not only met but surpassed your targets. Discuss the strategies you employed, the challenges you faced during the process, and the skills that helped you achieve such success.

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    How do you build and maintain relationships with potential clients?

    In your response, describe the methods you employ to establish credibility and trust with prospects. Highlight your use of personalized communication and ongoing engagement strategies to nurture these relationships over time.

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    What tools do you use for sales forecasting and tracking?

    Detail the specific sales tools and analytic platforms you have experience using in your forecasting and tracking processes. Share your thoughts on how these tools contribute to your ability to make informed decisions and strategize effectively.

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    Why do you want to work for ServiceNow as a Senior New Logo Account Executive?

    Craft a compelling response that outlines your admiration for ServiceNow's vision and achievements, and how the role aligns with your career goals. Highlight your desire to contribute to a team that is at the forefront of transforming workplace experiences.

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    How would you utilize your partner ecosystem to drive sales?

    Discuss the importance of leveraging partnerships in your sales strategy. Explain how you have successfully collaborated with partners in the past to expand your reach and enhance sales opportunities.

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    We're on a mission to become the defining enterprise software company of the 21st century.

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    CULTURE VALUES
    Inclusive & Diverse
    Mission Driven
    Rise from Within
    Diversity of Opinions
    Work/Life Harmony
    Empathetic
    Feedback Forward
    Take Risks
    Collaboration over Competition
    BENEFITS & PERKS
    Medical Insurance
    Dental Insurance
    Vision Insurance
    Mental Health Resources
    Life insurance
    Disability Insurance
    Health Savings Account (HSA)
    Flexible Spending Account (FSA)
    Conferences Stipend
    Paid Time-Off
    Maternity Leave
    Equity
    FUNDING
    SENIORITY LEVEL REQUIREMENT
    TEAM SIZE
    EMPLOYMENT TYPE
    Full-time, remote
    DATE POSTED
    November 30, 2024

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