Business Development Manager

MultiTech; United States; On-site; USD 120,000 - 180,000; Full time

Job summary

MultiTech is seeking a Business Development Manager to drive new market engagement and revenue growth across Enterprise and Mid-Market accounts. You will own the sales cycle, build a robust pipeline, and map customer problems to MultiTech solutions.

You will collaborate with Sales, Marketing, Product, and Operations to expand into new markets, win net-new logos, and close complex $1M+ deals, leveraging IoT and LoRaWAN knowledge.

Qualifications

• Bachelor’s degree in business, marketing or related technical field preferred; equivalent experience considered.
• 5+ years of B2B sales experience, to include acquiring net new customers in a complex technology environment.
• Proven track record of consistent quota attainment and closing large, complex, high value deals ($1M+)
• Familiarity with LoRaWAN network ecosystem
• Strong business acumen with a consultative solution-based sales methodology, including ability to generate/analyze compelling reports, present ideas/analysis effectively, and present a strategic solution to drive sales and revenue.
• Strong outbound sales discipline and experience
• A solid understanding of M2M and IoT market: products, players, technologies, etc.
• Excellent written and verbal communication skills with an emphasis on persuasion and influence.
• Exceptional customer focus – commitment to delivering quality solutions and curating strong customer relationships
• Ability to work both independently and as a team player

Responsibilities

• Own and drive the sales cycle for Enterprise and Mid-Market accounts, from prospecting/discovery through proposal, negotiation and close.
• Identify, qualify and develop a robust pipeline of net-new opportunities across target markets, including Smart Buildings, Smart Cities, Healthcare, Industrial Automation, Agriculture, Retail, etc.
• Engage with key stakeholders at all levels, from C-Suite through purchasing, to understand business problems and map them to MultiTech solutions.
• Maintain CRM discipline by ensuring accurate deal information and updates, revenue forecasting, and visibility for leadership.
• Screen leads by analyzing market strategies, deal requirements, revenue potential, and financials.
• Determine and execute best deal strategy by studying integration of new venture with company strategies and operations, examining risks and potentials, and estimating customer’s needs and goals. Plan/create and deliver impactful product demonstrations and presentations.
• Close new business deals by coordinating requirements; developing and negotiating contracts; integrating contract requirements with business operations.
• Understand competitive landscape and provide feedback and expert insight to leadership and cross-functional teams to drive profitable growth.
• Develop and maintain a high level of knowledge of products, including features and benefits to drive sales of our technical solutions.
• Maintain cutting-edge knowledge of IoT market and technical solutions by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations; attending industry trade shows and conferences.
• Own and drive KPIs to ensure numbers are hit and customers are served . . always.
• What does success look like?
• 5 net new logo wins each year
• $10M revenue closed each year
• 80% of pipeline self-generated
• 12-month ramp to full quota run-rate

Skills

B2B sales

Quota attainment

Consultative selling

Relationship building

Lead generation

Strategic selling

Communication

Education

Bachelor’s degree in business/marketing or related field

Equivalent experience considered

Job description

The ideal candidate will design and execute strategies to drive new market engagement and sales and revenue growth for the business. Identify opportunities to grow our business by bringing our products to new customers and markets and turning those opportunities into strategic relationships for MultiTech. The Business Development Manager will work closely with the Sales, Sales Enablement (including Marketing), Product Management, and Operations teams to grow revenue through a combination of new products, new markets and new customers/partners.

Responsibilities

• Own and drive the sales cycle for new Enterprise and Mid-Market accounts, from prospecting/discovery through proposal, negotiation and close.
• Identify, qualify and develop a robust pipeline of net-new opportunities across target markets, including Smart Buildings, Smart Cities, Healthcare, Industrial Automation, Agriculture, Retail, etc.
• Engage with key stakeholders at all levels, from C-Suite through purchasing, to understand business problems and map them to MultiTech solutions.
• Maintain CRM discipline by ensuring accurate deal information and updates, revenue forecasting, and visibility for leadership.
• Screen leads by analyzing market strategies, deal requirements, revenue potential, and financials.
• Determine and execute best deal strategy by studying integration of new venture with company strategies and operations, examining risks and potentials, and estimating customer’s needs and goals. Plan/create and deliver impactful product demonstrations and presentations.
• Close new business deals by coordinating requirements; developing and negotiating contracts; integrating contract requirements with business operations.
• Understand competitive landscape and provide feedback and expert insight to leadership and cross-functional teams to drive profitable growth.
• Develop and maintain a high level of knowledge of products, including features and benefits to drive sales of our technical solutions.
• Maintain cutting-edge knowledge of IoT market and technical solutions by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations; attending industry trade shows and conferences.
• Own and drive KPIs to ensure numbers are hit and customers are served . . always.
• What does success look like?
• 5 net new logo wins each year
• $10M revenue closed each year
• 80% of pipeline self-generated
• 12-month ramp to full quota run-rate

Qualifications

• Bachelor’s degree in business, marketing or related technical field preferred; equivalent experience considered.
• 5+ years of B2B sales experience, to include acquiring net new customers in a complex technology environment
• Proven track record of consistent quota attainment and closing large, complex, high value deals ($1M+)
• Familiarity with LoRaWAN network ecosystem
• Strong business acumen with a consultative solution-based sales methodology, including ability to generate/analyze compelling reports, present ideas/analysis effectively, and present a strategic solution to drive sales and revenue.
• Strong outbound sales discipline and experience
• A solid understanding of M2M and IoT market: products, players, technologies, etc.
• Excellent written and verbal communication skills with an emphasis on persuasion and influence.
• Exceptional customer focus – commitment to delivering quality solutions and curating strong customer relationships
• Ability to work both independently and as a team player