Full-Time

Business Development Representative

BDR

Confirmed live in the last 24 hours

Fairmarkit

Fairmarkit

51-200 employees

Optimizes procurement process for tail spend

Enterprise Software
AI & Machine Learning

Entry

Remote in USA

Only accepting applications from candidates residing in the United States.

Category
Business Development
Business & Strategy
Requirements
  • Exceptional Communication Skills: Clear, concise, and persuasive communication via phone, email, and LinkedIn.
  • A Strategic Mindset: Creative problem-solving abilities to navigate challenges and achieve goals.
  • Motivation to Grow: A strong desire to advance within a fast-paced, high-growth organization.
  • Adaptability: Ability to work independently in a remote environment while maintaining strong collaboration with team members.
  • Preferred Experience: Background in SaaS/software sales.
Responsibilities
  • Prospecting: Generate new client opportunities through high-volume outreach via phone, email, and LinkedIn while maintaining a personalized approach to exceed activity targets.
  • Lead Qualification: Evaluate and qualify marketing-generated leads, including content inquiries and demo requests.
  • Account Outreach: Identify and contact potential client accounts to spark interest and initiate meaningful conversations.
  • Scheduling: Arrange discovery calls with qualified prospects for Account Executives, ensuring seamless transitions and a positive prospect experience.
  • Collaboration: Partner with Account Executives by providing timely and relevant information to ensure qualified leads are successfully converted to pipeline.

Fairmarkit improves the procurement process by focusing on smaller purchases known as "tail spend," which can add up significantly. The platform uses machine learning to streamline sourcing, vendor identification, and automate quoting, making the bid-to-buy process faster and more efficient. Unlike competitors, Fairmarkit operates on a subscription-based software-as-a-service model, providing tools that help clients manage their procurement effectively. The goal is to reduce procurement cycle times by up to 40%, leading to substantial cost savings for businesses.

Company Stage

Series C

Total Funding

$74.5M

Headquarters

Boston, Massachusetts

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • Fairmarkit's partnership with Amazon Business enhances its procurement capabilities.
  • The company ranks No. 604 on the 2023 Inc. 5000 list, showing rapid growth.
  • Fairmarkit secured $35.6 million in Series C funding to expand its platform.

What critics are saying

  • Increased competition from vendors like Bellwether and BirchStreet Systems.
  • Over-reliance on partnerships, such as with Amazon Business, poses potential vulnerabilities.
  • Economic downturns could impact Fairmarkit's subscription-based revenue model.

What makes Fairmarkit unique

  • Fairmarkit automates tail spend management, a niche often overlooked by competitors.
  • The platform uses machine learning to streamline sourcing and vendor identification.
  • Fairmarkit's SaaS model offers advanced analytics and performance reporting as premium features.

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Benefits

Flexible working hours

Highest level of development and pure DevOps culture - top technology stack

Skilled and highly motivated teammates, passionate about technologies

Fast decision making process in a company and effective interaction between teams and departments

Possibility to improve the development process and bring your ideas, knowledge sharing between colleagues and teams

Latest MacOs work equipment (macbook)

100% salary sick leaves covering, 20 days of paid vacation

Referral program: we appreciate your recommendations and reward every successful hire

Professional trainings & courses, attendance of conferences & meetups are paid by Fairmarkit

Cute office with a cozy workplace, drinks and snacks