CarGurus

Account Executive - Level 3

CarGurus$144K — $180K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 6 years of work experience in high-growth companies
  • Deep understanding of business operations and decision-making processes
  • Proficiency in sales methodologies for generating actionable opportunities
  • Demonstrated customer obsession and ability to identify priorities
  • Strong strategies in data and analytics for delivering customer value
  • Creative approach to prospecting
  • Proven track record of exceeding sales quotas

Responsibilities

  • Create and grow relationships within a designated book of business
  • Drive value-based growth within existing accounts
  • Identify and close cross-sell/up-sell opportunities
  • Exceed sales activity, pipeline, and revenue targets
  • Increase revenue per client by renegotiating subscription rates
  • Collaborate with an Account Manager to ensure customer retention
  • Work with a Product Specialist to introduce new product offerings
  • Accurately forecast monthly sales and retention to management
  • Provide feedback to enhance overall organizational performance

Benefits

  • Comprehensive Total Rewards Package
  • Potential for discretionary bonuses and incentives
  • Opportunity to earn Restricted Stock Units (RSUs)
Full Job Description
Role overview

The (L3) Account Executive role is responsible for driving growth and developing relationships within a book of dealer clients. You are a sales professional experienced in leading go-to-market campaigns with large clients. You excel at selling innovation and driving change by expanding the customer's vision, and you can effectively guide deals to accelerate decision cycles. You are passionate about products about communicating value to Dealers. You translate this into value-based partnerships building Cargurus into the Dealerships long-term selling and inventory acquisition strategy. Always prospecting for new opportunities, you will close new accounts while growing our business in existing accounts.

What you'll do
  • Create, preserve, and grow relationships within a designated book of business through prospecting, sales calls, and rapport-building
  • Drive value-based growth within your accounts
  • Identify and close cross-sell/up-sell opportunities using the CarGurus suite of products
  • Exceed activity, pipeline and revenue targets
  • Increase revenue per client by re-negotiating subscription rates
  • Work with an Account Manager to ensure high customer retention within your book of business
  • Work with a Product Specialist to introduce your book of business to and sell CarGurus' newest product offerings
  • Accurately forecast monthly sales and retention achievement to management
  • Contribute feedback to the larger CarGurus organization by utilizing strong analytical thinking, presentation, and problem-solving skills


What you'll bring
  • A minimum of 6 years of work experience, ideally, with experience in high-growth, successful companies or organizations, and a deep understanding of business operations and decision-making processes.
  • Proficiency in sales methodologies and processes, capable of generating opportunities with actionable next steps, building strong champions and becoming a trusted advisor.
  • Customer obsession. Demonstrated ability to understand business & department priorities, proactively identify use cases and consistently establish next steps through the sales process.
  • Strategies for successful execution in data and analytics that have shaped an informed perspective and consistently delivered genuine value to your customers.
  • Creative salesperson with a well defined prospecting motion.
  • Proven years experience of exceeding sales quota
  • Experience in Value Selling Methodologies


The displayed range represents the expected annual base salary / On-Target Earnings (OTE) for this position. On-Target Earnings (OTE) is inclusive of base salary and on-target commission earnings, which applies exclusively to sales roles.

Individual pay within this range is determined by work location and other factors such as job-related skills, experience, and relevant education or training.

This annual base salary forms part of a comprehensive Total Rewards Package. In addition to benefits, this role may qualify for discretionary bonuses/incentives and Restricted Stock Units (RSUs).

Position Pay Range

$144,000-$180,000 USD

About CarGurus

CarGurus is an online automotive marketplace that allows users to search for and compare new and used cars. The company was founded in 2006 and is headquartered in Cambridge, Massachusetts. CarGurus has a strong focus on transparency and provides users with information on pricing, dealer reputation, and vehicle history. The company has been recognized for its innovative approach to car shopping and has won several awards for its platform.
Learn more about CarGurus
Size
1,203 employees
Market Cap
$1.5 billion
Industry
Net Income
$77.5 million
Founded
2006
5 Year Trend
+36.9%
Revenue
$551.4 million
NASDAQ

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