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Territory Manager

Summary

This position is responsible for achieving sales objectives, pursuing new business, growing existing customer business, and increasing Market-Share within an assigned territory.  In addition, this role will work closely with their direct manager to develop action plans and goals for their territory in order to achieve their sales objectives. 

 

This territory covers the following area: Wisconsin, Illinois, Iowa, and Minnesota 

Responsibilities

  • Implements Company sales strategies to achieve territory unit and profit goals.
  • Informs and implements the business divisions programs with customers.
  • Develops customers consistent with the business unit’s distribution strategy. 
  • Seeks new accounts and channels of distribution consistent with the distribution strategy of the business unit.
  • Collects prices and calculates MR1 using business unit methodology.
  • Reports competitors’ pricing activities.
  • Analyzes sell-out prices and resulting margins.
  • Assists in managing customer promotions, training meetings, and ride/drives.
  • Acts as Liaison between Dealer and Corporate Office. 
  • Leads in negotiations in an autonomous manner consistent with the predefined sales strategy.
  • Able to respond to and overcome objections.
  • Keeps themselves informed of the evolutions and trends of the profession and its environment and integrates the factors from the professional environment into day-to-day work.
  • Monitors operating expenses to ensure proper use of funds within budget.
  • Able to adapt and implement tactical marketing mix in coherence with the brands marketing strategy.
  • Able to measure and communicate the consequences of any tactical marketing mix actions.
  • Able to recommend the right product and/or service for the application and/or customer, taking into consideration regulations and fitment standards.
  • Provides proper use and/or maintenance recommendations required for the optimal use of the product to end users and distributors/dealers.
  • Understands the impacts and principles of the supply chain and knows the organization, contacts, and functions of the supply chain.
  • Knowledgeable with the business unit’s credit management rules and knows the relevant indicators applicable to the job.
  • Knowledgeable the relevant legal regulations and the resulting constraints to Yokohama’s actions in the marketplace.
  • Responsible for calling on Dealer, Fleet, Tractor OEM and Truck Stop locations to determine course of actions to increase sales, if applicable
  • Proficient in corporate warranty procedures to include causes and conditions as outlined in the TMC Conditions Manual, if applicable.
  • Other tasks as requested by Zone Manager, Director or Corporate Staff.

Knowledge and Skills

  • Excellent communication (written and verbal) skills
  • Intermediate Analytical skills
  • Understanding of Action Selling Techniques
  • Proficient in Microsoft Office -Outlook/Word/Excel/PowerPoint, SFDC, SAC

Education and Experience

  • Bachelors’ Degree, or equivalent experience
  • Recommended a minimum of 5 years tire industry or sales account management experience.

Physical Requirements

  • Must be able to remain in a sitting stationary position for prolonged periods of time while driving a vehicle or working on a computer.
  • Event support such as Rid and Drive and tradeshows, including assisting with event set-up and take-down
  • Employees must possess the ability to occasionally lift, carry, push, pull and move materials and objects weighing up to 50 pounds.
  • Must be able to remain standing or moving on feet for prolong periods of time
  • Ability to work in outdoor weather conditions

Average salary estimate

$80000 / YEARLY (est.)
min
max
$70000K
$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 Territory Manager, Yokohama Tire

If you're a dynamic sales professional looking for an exciting opportunity, look no further than the Territory Manager role at our company based in Minneapolis! In this position, you’ll take charge of achieving sales objectives across a diverse territory, which includes Wisconsin, Illinois, Iowa, and Minnesota. You’ll be responsible for pursuing new business, growing existing customer relationships, and maximizing market share. You’ll work alongside your manager to create tailored action plans that will drive your territory's profits and success. We’re looking for someone who can implement our sales strategies effectively, navigate customer programs, and identify fresh opportunities in line with our distribution goals. You’ll analyze market trends, manage customer promotions, and ensure that our teams have the tools and training they need to excel. Your expert communication skills and understanding of action selling techniques will allow you to establish firm negotiations and overcome any objections with ease. If you're ready to embrace challenges and collaborate across teams, this role is perfect for you. Plus, being knowledgeable about credit management rules and legal regulations will give you an edge in making informed decisions. Join us at this exciting juncture and make a real impact in the tire industry - we can’t wait to meet you!

Frequently Asked Questions (FAQs) for Territory Manager Role at Yokohama Tire
What are the key responsibilities of a Territory Manager at our Minneapolis office?

As a Territory Manager at our Minneapolis office, your key responsibilities include implementing sales strategies to achieve objectives, developing customer relationships, and analyzing market trends. You'll also manage customer promotions, coordinate training meetings, and act as a liaison between dealers and the corporate office. It's an empowering role where you'll take charge of negotiations and adapt marketing tactics based on market dynamics.

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What qualifications are needed to become a Territory Manager in Minneapolis?

To qualify as a Territory Manager in Minneapolis, you should possess a Bachelor's Degree or have equivalent experience in the field. A minimum of 5 years in tire industry sales or account management experience is recommended. Additionally, you should have excellent communication skills, be proficient in Microsoft Office, and have a strong ability to analyze market data.

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What skills are essential for a successful Territory Manager at our company?

Essential skills for a successful Territory Manager at our company include excellent verbal and written communication abilities, intermediate analytical skills, and a solid understanding of action selling techniques. Proficiency in Microsoft Office and CRM tools like SFDC is also important for managing data and customer relationships effectively.

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How does a Territory Manager contribute to market share growth?

A Territory Manager contributes to market share growth by actively pursuing new business opportunities, nurturing existing accounts, and implementing effective sales strategies tailored to the territory. By understanding local market trends and customer needs, they can identify new channels for distribution and ensure that the products meet market demands.

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What kind of experience is valuable for a Territory Manager role?

Valuable experience for a Territory Manager role includes a background in sales account management, especially within the tire industry. Familiarity with sales strategies, customer relationship management, and understanding pricing and marketing tactics are also critical. Prior experience navigating market regulations and managing budgets will give candidates a significant advantage.

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Common Interview Questions for Territory Manager
Can you describe a successful sales strategy you implemented as a Territory Manager?

When answering this question, detail the specific steps you took to develop and execute your sales strategy. Highlight your targets, the actions you took to reach them, and the results achieved. Make sure to connect your efforts with increased sales and market presence.

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How do you manage relationships with difficult clients?

Discuss the techniques you employ to foster strong relationships, even with challenging clients. Mention active listening, empathy, and proactive problem-solving. Providing a specific example will help demonstrate your approach effectively.

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What metrics do you consider most important when analyzing your territory's performance?

Share the key performance indicators (KPIs) that you track, such as sales volume, market share growth, and customer retention rates. Explain how you use these metrics to adjust strategies and ensure continuous improvement in performance.

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Describe your approach to identifying new business opportunities.

Outline your methodology for researching potential leads, attending industry events, and networking within your territory. Mention how you customize your pitch to align with the needs of various customer segments.

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How do you handle objections during a pitch?

A good response includes acknowledging the customer's concerns, asking clarifying questions to understand their objections better, and providing data or examples that alleviate their worries while reinforcing your value proposition.

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Can you give an example of a time you successfully closed a complex deal?

Detail the scenario while highlighting your negotiation skills, your persistence, and how you worked through potential roadblocks. Discuss the final outcome and what you learned from the experience.

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What role does teamwork play in your sales strategy?

Talk about how you collaborate with your team and other departments to achieve shared objectives. Mention your experience in contributing insights and receiving support to close deals and build a cohesive approach to customer service.

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How do you stay informed about industry trends?

Discuss the resources you use, such as industry publications, networking events, seminars, and online forums. Explain how staying current enables you to adapt strategies and anticipate customer needs in the ever-evolving marketplace.

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What is your experience with using CRM software?

Explain the specific CRM tools you’ve worked with, your proficiency in utilizing them for tracking customer interactions, and how they help streamline your sales processes. Share specific examples of how CRM software improved your sales outcomes.

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How do you prioritize tasks in your territory management?

Illustrate your approach to prioritization, focusing on time management techniques and how you assess the urgency and importance of tasks. Discuss examples that relate to increasing sales and meeting customer needs effectively.

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Full-time, on-site
DATE POSTED
April 8, 2025

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