New Business Sales Exec

Posted:
9/17/2024, 1:53:32 AM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Mid Level ⋅ Senior

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

Workplace Type:
Remote

Job Description:

About Our Organization:

Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world's largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America's largest newspaper by paid circulation; Barron's, MarketWatch, Mansion Global, Financial News, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

About the Team:

B2B and Operations provides services, solutions and support to multiple customers including financial institutions, corporations, universities, government agencies, executives and business professionals.

About the Role:

The New Business Development Representative drives new business of Dow Jones products through prospecting, cold-calling and client-calls. You will nurture leads while feeding their prospect funnel. You will initiate sales activity with new-to-company prospects and new buying centers within existing clients through lead research and qualification. You will develop targeted campaigns to contact prospects via telephone, email and social media. Using a consultative sales approach, you will identify an understanding of the clients' needs and deliver an initial value proposition of Dow Jones products to generate interest. You will manage the complete sales cycle from start to finish and based on the complexity of the opportunity, you may engage outside sales specialists. You must maintain accurate and appropriate client records within the Company's CRM. You will develop product subject matter expertise and align with the outside sales specialists for collaboration and best practices.

You Will:

  • MEET NEW BUSINESS TARGETS: Produce new streams of Dow Jones revenue through sales of products and services to new to company prospects which address their needs
  • IDENTIFY PROSPECTS: Complete market analysis to identify good potential new to company target organizations, plus the roles and individuals to be prospected
  • PROSPECT: Contact the targets identified. You will need to quickly qualify genuine opportunities and move these to the next stage of the sales process, or quickly move on in cases where no worthwhile opportunity exists
  • ANALYZE OPPORTUNITIES: Understand the business issues affecting targeted industry sectors and specific prospects, then ensure this knowledge is the foundation for our communications with prospects
  • PRODUCT KNOWLEDGE: express the value proposition and benefits of the Dow Jones products and solutions, and use this knowledge to ensure that solutions address clear needs for the prospect
  • FORECAST: Manage Sales Forecast and Pipeline to ensure accurate recording of prospecting activity, conversion success, active sales opportunities at each stage of the sales process and forthcoming new business revenue
  • TRACK ACTIVITY AND SUCCESS: A SUCCESSFUL TRACK RECORD in a new business development role that requires cold calling
  • MANAGE PROSPECT/CLIENT INFORMATION: Keep accurate and clear records within the global CRM system to provide a solid deal history, showing the steps taken to reach closure on new business deals

You Have:

  • Cold calling, understanding the best times to successfully reach prospects when they are ready to listen
  • Strong results orientation, with the commitment and drive to achieve a new business goal in a demanding and competitive business environment
  • Passionate about closing business, with a can do attitude and ability to work independently when needed
  • Good communication skills (listening, questioning, written and verbal) to ensure the Dow Jones value position is clearly articulated to prospects and a persuasive business case is presented in email and verbal communications
  • Excellent telephone skills; successful candidate will feel comfortable building rapport, developing business relationships and demonstrating products over the telephone
  • High level of business awareness to help build credibility with the prospect, spot potential opportunities within a peer group or industry sector, and express the benefits of Dow Jones in the appropriate business context
  • Strong negotiation and closing skills to build a solid and persuasive business case, overcome objections, use solid supporting information where necessary, and ensure sales opportunities are managed to a successful conclusion
  • A proven successful track record in a new business development role that requires cold calling in to Fortune 1000 companies
  • 3+ years of experience selling subscription based products (business information and research) is a plus.

Our Benefits

  • Comprehensive Healthcare Plans
  • Paid Time Off
  • Retirement Plans
  • Comprehensive Insurance Plans
  • Education Benefits
  • Family Care Benefits
  • Commuter Transit Program
  • Subscription Discounts
  • Employee Referral Program
  • Learn more about all our US benefits

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status. EEO/AA/M/F/Disabled/Vets .

Dow Jones is committed to providing reasonable accommodation for qualified individuals with disabilities, in our job application and/or interview process. If you need assistance or accommodation in completing your application, due to a disability, please reach out to us at [email protected]. Please put Reasonable Accommodation in the subject line.

Reasonable accommodation: Dow Jones, Making Careers Newsworthy - We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. EEO/AA/M/F/Disabled/Vets. Dow Jones is committed to providing reasonable accommodation for qualified individuals with disabilities, in our job application and/or interview process. If you need assistance or accommodation in completing your application, due to a disability, email us at [email protected]. Please put "Reasonable Accommodation" in the subject line and provide a brief description of the type of assistance you need. This inbox will not be monitored for application status updates.

Business Area:

Dow Jones - Business Intelligence

Job Category:

Sales

Union Status:

Union role

Pay Range: $75,000 - $95,000

We recognize that attracting the best talent is key to our strategy and success as a company. As a result, we aim for flexibility in structuring competitive compensation offers to ensure we are able to attract the best candidates. The quoted salary range represents our good faith estimate as to what our ideal candidates are likely to expect, and we tailor our offers within the range based on the selected candidate's experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the interview process.

Pay-for-performance is a key element in our strategy to attract, engage, and motivate talented people to do their best work. Similarly to salary, for bonus eligible roles, targets are set based on a variety of factors including competitive market practice.

For benefits eligible roles, in addition to cash compensation, the company provides a comprehensive and highly competitive benefits package, with a variety of physical health, retirement and savings, caregiving, emotional wellbeing, transportation, and other benefits, including "elective" benefits employees may select to best fit the needs and personal situations of our diverse workforce..