Consumer Products Market Guru – Business Development
Job Description
Extol Inc is hiring a Consumer Products Market Guru – Business Development to own a market sector and grow a consumer and industrial book of business.
Responsibilities
- Take over existing accounts.
- Close existing business opportunities.
- Own growth strategy for the consumer and industrial markets:
- Identify accounts with expansion potential
- Target new accounts
- Build an approach for penetration
- Identify key decision-makers at key existing and target accounts.
- Use strong discovery and documentation to tailor solution development, including:
- Understanding the customer’s problem
- Clarifying the impact
- Identifying possible solutions
- Build and maintain a healthy pipeline.
- Learn Extol’s technologies and explain how they work, their benefits, and customer value.
- Demonstrate Extol’s core values by building positive relationships with the Extol team and manufacturers’ reps.
- Maintain CRM hygiene:
- Keep information accurate and up to date
- Comply with forecasting requirements
Requirements
- Experience calling on the corporate marketplace and engaging management-level stakeholders.
- Experience facing competition.
- Ability to hunt for new business and close deals with an average deal size of $200,000 - $2,000,000.
- Comfort managing a long sales cycle, often 6 months or more.
- Experience delivering dynamic presentations to groups of up to 25 people.
- Experience selling high-end products and custom, complex solutions.
Compensation and Benefits
- Base salary: $120,000 - $140,000 per year (depending on experience)
- Commission: $40,000
- Profit Sharing Potential: $5,000
- Profit Sharing: a portion of company profits distributed to employees each quarter when target profit level is reached
- Employee Stock Ownership Plan (ESOP)
- Medical insurance: top-of-the-line plan options (one plan is 100% employer-paid)
- Employer-paid insurances: dental, vision, life, disability, and Employee Assistance Program
- Annual employer H.S.A. contributions
- Generous paid time off: vacation, sick time off, and nine paid holidays
- Additional options and programs: voluntary life insurance options, pet discount program, accident & critical illness plans, 401(k), educational reimbursement program, cell phone reimbursement
- 401(k)
- Dental insurance
- Disability insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Tuition reimbursement
- Vision insurance
Interview Process
- Submit an application
- Phone screen
- Complete a sales questionnaire
- In-person or remote Round 1 interview
- Round 2 interview at Extol and company tour
- Receive a job offer
Work Location and Travel
- Location: Zeeland, MI (hybrid remote)
- Work location: Zeeland, MI 49464
- Travel: 50% (preferred)
About the Role
- Grow Extol’s consumer and industrial market by owning a market sector.
- Build a $6 million book of business.
- Focus on plastic welding solutions, strategy, and pipeline development.
- Work directly with the sales leadership team, reporting to the Director of Sales.
Compensation Qualification
- Looking for individuals who are already earning at least $100,000 in a variable compensation plan.
Position Requirements for Success
- Apply innovative thinking to address complex customer problems and needs.
- Operate as a full market sector owner, beyond sales execution.