Job Description:About the Role:This is a player/coach role, reporting to the VP, North America B2B Sales Lead. The role of the Regional Sales Director is to manage a book of business and prospect for new business, while coaching and leading a small team of account managers. Government account managers are responsible for all aspects of the relationship with a defined set of customers. The number of agencies managed by an account manager will typically be between 30 and 40, depending on complexity and size of agencies.
This role is responsible for retaining and growing the existing contract revenue (in existing buying centers) within their set of customers. They will also uncover and nurture sales opportunities with new buying centers (either independently or working with Sales Specialists).
Client relationships are built and maintained via telephone, email, and in-person meetings. An ability to develop strong business relationships in a phone-based and in person-based environment is crucial to the success of this role.
The successful Regional Sales Director will retain business within the established customer base, work to develop opportunities and display a strong level of business understanding for the agency focus in their set of customers.
You Will:
- MEET NEW BUSINESS TARGETS: Generate new streams of Dow Jones revenue through sales of products and services which address prospects business needs
- MANAGE and COACH: Lead and mentor 1-2 government account managers. Provide guidance on pipeline management, advancement and building high trust partnerships.
- IDENTIFY PROSPECTS: Complete territory analysis to identify potential buying centers, plus the specific roles and individuals to be prospected. Develop and execute a plan to grow your territory by understanding the complete suite of Dow Jones products and successfully take them to market.
- RETENTION: Retain Dow Jones contract revenue in the assigned set of customers and ensure the Dow Jones products and services address customers' business needs
- RELATIONSHIPS: Maintain good levels of customer satisfaction through regular communication with all customers, and build solid working relationships with each customer
- RENEWALS: Develop and execute a plan to manage all account renewals, initiating communication with the client at the right time and fulfilling contractual obligations for providing account information to the client
- ACCOUNT MANAGEMENT: Responsible for all areas of account management, including the development of good account understanding, understanding clients' businesses and resolving issues in a timely manner; understand competitor solutions the client is using and the client's current and developing needs
- DEVELOP OPPORTUNITIES: Identify opportunities for increased revenue within the set of accounts (up-selling and possibly cross-selling), and where appropriate, engage with Sales Specialists to bring to close.
- TEAMWORK: Work on retention initiatives for selected customers with the extended sales team available
- PRODUCT KNOWLEDGE: Clearly express the value proposition and benefits of the Dow Jones products and solutions, and use this knowledge to help increase the value and adoption of our solutions by the client
- FORECASTING: Manage Sales Forecast and Pipeline to ensure clear reporting of forthcoming renewals, additional sales opportunities, plus the associated revenue and timescales
- MANAGING ACCOUNT INFORMATION: Maintain accurate and appropriate client records within the global CRM system to provide timely management information.
You Have:- Strong time management skills, with an ability to develop and implement effective systems for managing administrative tasks and tracking progress against appropriate activity goals
- 12+ years sales experience and a proven track record of success in selling information solutions to complex organizations, such as government agencies and 2 years of mentoring a sales team.
- Deep understanding of the complexities of government procurement.
- A collaborative mindset with experience working across matrixed teams including marketing, product, and customer success.
- Ability to prioritize tasks and customers, to ensure time is maximized for revenue-retaining activities and the most important customers receive an excellent level of account management
- Excellent communication skills (listening, questioning, written and verbal) to ensure the Dow Jones value position is clearly articulated to prospects, a persuasive business case is presented and a professional image always conveyed.
- Exceptional negotiation and closing skills to manage renewals from the AM's set of customers to a successful conclusion
Business Area:Dow Jones - Risk
Job Category:Sales
Union Status:Non-Union role
Base Pay Range: $180,000 - $220,000
We're committed to offering competitive and flexible compensation to attract top talent. This pay range reflects our good faith estimate for the role and may vary based on a candidate's experience, skills, location, and other relevant factors.
For bonus-eligible roles, targets are determined based on multiple considerations, including market benchmarks and individual contributions.
For benefits-eligible roles, we offer a comprehensive and competitive benefits package covering health, retirement, wellbeing, and more, along with optional benefits to meet the diverse needs of our employees.