Business Development Manager

Posted:
12/23/2024, 12:50:48 PM

Location(s):
Minneapolis, Minnesota, United States ⋅ Minnesota, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy ⋅ Sales & Account Management

The pay range is $85,500.00 - $153,900.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

Business Development Manager, Target Plus 

About Us 

Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers.  

Want to join one of the hottest growing teams at Target? Online marketplaces are ripe for disruption, and Target Plus aims to do just that by offering Guests a curated assortment of brands and products from third-party sellers on Target.com, while simultaneously providing its marketplace partners with best-in-industry tools and services to drive their business. We are a fast-growing startup, and are passionate about building solutions that enable our business partners to rapidly scale and drive their business on the Target Plus marketplace.  
 
Working as a Business Development Manager on the Target Plus Partner Services team, you will leverage your awesome people and communication skills to forge the highly productive and professional relationships necessary to drive your business between multiple internal and external stakeholders, including:
 

  • Marketplace Partners - Leverage a client-centric approach to help market, consult, and prescribe the services we offer to the brands & retailers selling on our marketplace (marketplace partners)Present strategic recommendations based on your client’s key objectives, through compelling and effective guidance on specific marketplace service offerings, which currently span digital marketing & content, and will evolve to include financial and fulfillment services.  

  • Service Providers - Maintain strong, consultative relationships with our service providers’ sales teams to ensure high-quality leads are handed off smoothly and with a high probability of successful closingService provider sales teams are both internal to Target (e.g. Roundel), and external to Target (e.g. our many content service providers).  

  

  • Marketing & Communications Teams – Develop and execute strong direct marketing strategies by partnering with the Partner Services Comms & Target Plus Marketing teams to drive awareness of partner service offerings. 

  • Target Plus™ Cross Functional Team – Partner closely with leaders across the core Target Plus™ team, including Partner Acquisition, Partner Onboarding, and Category Management, to generate a pipeline of high-potential leads for partner services. 

  • Target Plus™ Partner Services Team Build a synergistic peer relationship with the Sr. Manager of Marketplace Services to continually improve service offerings by providing marketplace partner feedback on products, services, service providers, pricing, and overall client experience. 

  • Financial Planning & Analysis – Collaborate with Target+ financial analyst & partner service providers to invoice, collect, track, forecast, and report partner service revenue and create action plans to ensure revenue and participation goals are met or exceeded. 

Primary Responsibilities Include 

  • Developing marketing and business development materials to drive awareness for Target Plus™ Partner Services 

  • Driving revenue growth by building a strong pipeline of opportunities, identifying, qualifying and connecting new and existing marketplace partners to the appropriate services & providers 

  • Demonstrating curiosity to understand individual client needs, and driving consideration through prescriptive recommendations to help them succeed on the Target Plus™ platform 

  • Balancing the short-term art of business development with the long-term needs for client success 

  • Optimizing the lead pipeline through the science of process and the use of tools like Salesforce 

  • Advocating on behalf of marketplace partners to continually improve our services to meet their needs 

  • Providing weekly account updates to the Target Plus™ cross functional team in our Weekly Business Review (WBR) forum, and monthly revenue forecast updates in the Target Plus™ Priority Business Review (PBR) forum 

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs. 

About you: 

  • Bachelor’s Degree (required), or Master’s Degree 

  • 5+ years’ experience in retail and/or ecommerce, with preferred experience within digital marketplace services, digital media sales, agency, marketing, or equivalent  

  • Demonstrated ability to build partnerships and maximize relationships with both internal and external partners. 

  • Strong, succinct communicator that understands individual audience needs and tailors the message 

  • Ability to think strategically, problem solve and identify opportunities 

  • Thrives in ambiguity and able to flex with changing priorities 

  • Proven track record of revenue growth and accountability  

  • Must be willing to travel as necessary 

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to [email protected].

Application deadline is : 01/06/2025