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Sr Commercial Account Exec

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 Commercial Account Executive will produce new business sales revenue from software licenses within customers in the [insert location here] area with 1,000 to 5,000 employees. This will be achieved through territory planning, including researching prospect customers, using business development strategies and completing field-based sales activities within an assigned territory.

What you get to do in this role:

The Commercial Account Executive builds relationships within Mid-Market clients while achieving quarterly and annual sales quotas for an assigned territory.

  • Develop and run a sales strategy in the allocated territory with a target prospect list, and a regional sales plan
  • Partner with the marketing team to initiate marketing plans to increase growth
  • Qualify prospects and develop new sales opportunities and ongoing revenue streams
  • Arrange and conduct initial product demonstrations and presentations
  • Lead ongoing account management to ensure customer satisfaction and improve additional revenue streams
  • Be a trusted advisor to your customers by understanding their business and advising on how ServiceNow can help their IT roadmap

Qualifications

To be successful in this role you have:

  • 5+ years of experience in a Commercial Account Executive (or equivalent) role within the IT industry
  • Experience achieving sales targets
  • Ability to work in a matrixed support organization using multiple virtual specialists
  • Executive-level relationship management experience
  • Ability to provide transparency to sales process with excellent CRM hygiene
  • Travel: 20-40%, and in some cases up to 50%

FD21

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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Average salary estimate

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What You Should Know About Sr Commercial Account Exec, ServiceNow

Welcome to ServiceNow, where the future of work is just beginning! We’re in search of a talented Sr. Commercial Account Executive to join our dynamic team in Cleveland, Ohio. At ServiceNow, we’ve revolutionized how businesses operate with our cutting-edge, AI-driven platform, and we need someone passionate about driving sales and building relationships to help us reach even greater heights. As a Sr. Commercial Account Executive, you will play a crucial role in generating new business sales revenue from software licenses, focusing on mid-market clients with around 1,000 to 5,000 employees. Your day-to-day tasks will include executing a well-thought-out sales strategy for your assigned territory, researching prospects, and nurturing relationships to ensure they see the incredible value that ServiceNow offers. You’ll collaborate closely with our marketing team to initiate impactful campaigns, manage product demonstrations, and deliver top-notch account support, becoming a trusted advisor to your clients. To thrive in this role, you should bring at least 5 years of solid experience in a similar position within the IT industry, a proven track record of hitting sales targets, and the ability to form executive-level relationships. If you’re excited about creating smart solutions for businesses and contributing to our mission of making the world work better, we want you on our team!

Frequently Asked Questions (FAQs) for Sr Commercial Account Exec Role at ServiceNow
What are the key responsibilities of a Sr. Commercial Account Executive at ServiceNow?

A Sr. Commercial Account Executive at ServiceNow is primarily responsible for generating new sales revenue from software licenses by researching prospective customers, building relationships, and executing a strategic sales plan within their territory. They must also manage account relationships, ensure customer satisfaction, and develop ongoing revenue streams, all while achieving quarterly and annual sales quotas.

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What qualifications are needed for the Sr. Commercial Account Executive position at ServiceNow?

To be successful as a Sr. Commercial Account Executive at ServiceNow, candidates should have 5+ years of experience in a similar commercial sales role within the IT sector. Experience with achieving sales targets, strong relationship management skills, and the ability to maintain transparency in the sales process using CRM tools are also essential qualifications for this role.

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What is the travel requirement for the Sr. Commercial Account Executive role at ServiceNow?

The Sr. Commercial Account Executive position at ServiceNow requires travel ranging from 20-40% of the time, and in some instances, it may be up to 50%. This travel allows you to meet clients face-to-face, build meaningful relationships, and better understand their needs.

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Can non-traditional candidates apply for the Sr. Commercial Account Executive role at ServiceNow?

Absolutely! ServiceNow values diversity and encourages candidates from non-traditional backgrounds to apply for the Sr. Commercial Account Executive role. We believe that unique experiences enrich our team and that inclusivity can drive innovation.

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What does ServiceNow offer in terms of work flexibility for the Sr. Commercial Account Executive position?

ServiceNow adopts a flexible approach to work personas, offering options for remote, hybrid, or in-office setups depending on the specific requirements of the role. You can discuss your preferred work arrangement during the interview process to ensure it aligns with both your lifestyle and the company’s needs.

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Common Interview Questions for Sr Commercial Account Exec
How do you develop a sales strategy for your assigned territory?

When developing a sales strategy, I first analyze the demographics and market opportunities within my territory. This involves researching potential prospects, understanding their needs, and assessing the competition. I create a targeted prospect list, prioritize high-value leads, and align my marketing efforts to generate sufficient interest in our offerings.

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Can you share an example of how you exceeded your sales targets in the past?

Certainly! In my previous role, I developed a unique marketing campaign tailored to a specific industry. By leveraging data analytics, I identified key trends and pain points in that sector. This allowed me to tailor my sales pitches effectively, resulting in a significant sales increase and ultimately exceeding my target by 30% for that quarter.

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How do you build and maintain relationships with clients?

Building and maintaining client relationships is all about consistency and communication. I make it a point to regularly check in with my clients, provide updates on our products, and solicit feedback. This ongoing dialogue helps me to understand their evolving needs and positions me as a trusted advisor.

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What role does teamwork play in your sales process?

Teamwork is vital in sales. I often collaborate with marketing to align our messaging and outreach efforts. Additionally, I work closely with technical support and product development teams to ensure that we can meet client needs effectively. This collaborative approach not only boosts our sales potential but also enhances customer satisfaction.

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How do you handle objections during the sales process?

Handling objections requires active listening and empathy. I always strive to understand the underlying concerns of the client. My approach is to acknowledge their objections, provide relevant information or case studies that address their concerns, and turn the conversation back toward the value that our solutions can deliver.

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What CRM tools do you prefer and why?

I have found that tools like Salesforce and HubSpot are particularly effective due to their comprehensive features that allow for seamless customer management, tracking interactions, and analyzing sales performance. They enable me to maintain excellent CRM hygiene, which is critical for transparency in the sales process.

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What strategies do you employ to qualify prospects?

To qualify prospects, I use a combination of research methods, including analyzing company size, market position, and current challenges. I assess their readiness to buy through conversations that gauge their interest and needs. This ensures I focus my efforts on high-potential leads that align with our solutions.

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How do you conduct product demonstrations?

When conducting product demonstrations, I tailor the presentation to the specific needs of the client. I highlight key features relevant to their business challenges and how our solutions can address those. Engaging the client by encouraging questions during the demo makes it interactive and helps them envision the product in action.

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Describe a time when you faced a challenging sale and how you overcame it.

In a challenging sale with a hesitant client, I took the approach of deeply understanding their hesitations through transparent dialogue. By identifying their specific concerns and addressing them with customized solutions and evidence of success from similar clients, I was able to turn their doubts into a successful partnership.

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What role does market research play in your sales approach?

Market research is foundational to my sales approach. It helps me understand industry trends, identify potential clients, and customize my sales strategies to address the specific challenges and opportunities that my prospects face. Being informed helps my credibility and enhances client relationships.

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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, on-site
DATE POSTED
December 29, 2024

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