Full-Time

Senior Business Development Executive

Posted on 6/14/2024

YipitData

YipitData

501-1,000 employees

Data analysis and research services provider

Compensation Overview

$120k - $280kAnnually

+ Equity

Senior

Remote in USA

Remote-friendly opportunity; can work from anywhere in the US.

Category
Business Development
Business & Strategy
Required Skills
Financial analysis
Requirements
  • at least 6+ years of experience in subscription sales in a fast-paced environment with a short sales-cycle
  • a track record of not only meeting, but exceeding sales goals
  • successfully introduced a complex product (financial preferred but not required) to new customers
  • negotiated large and complex agreements
  • team player and motivated by the company’s success, not just your own
  • excited about the integration of data and financial analysis
  • high EQ, sensitive to clients’ needs and quickly develop warm client relationships
  • resourceful, resilient, and have strong oral and written communication - including great questioning - skills
Responsibilities
  • effectively managing the commercial relationship with current clients
  • developing rapport with key decision makers
  • identifying upsell opportunities
  • running the sales process from the beginning to the end
  • negotiating enterprise agreements
  • creating advocates for our products
  • constantly assisting clients in finding answers to their key questions by collaborating closely with our client strategy, research, and data product teams

YipitData provides data analysis and research services by converting large volumes of raw data from various sources into clear and actionable insights. These insights help clients, primarily investors and corporate entities, understand market trends and company performance. YipitData operates on a subscription model, offering clients regular datasets and reports that include updates on multiple sectors such as autos, marketplaces, and logistics. Each subscription provides tailored information with three layers of coverage to meet specific client needs. The company differentiates itself by offering deep dives into topics, continuous tracking of metrics, and data integration best practices, ensuring clients have access to relevant and detailed information. The goal of YipitData is to empower clients to make informed decisions based on comprehensive data analysis.

Company Size

501-1,000

Company Stage

Series E

Total Funding

$561.3M

Headquarters

New York City, New York

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into Europe and China opens new markets for localized data insights.
  • Carlyle Group's investment provides capital for technology and market expansion.
  • Focus on tracking inflation through alternative data offers a unique client value proposition.

What critics are saying

  • Increased competition from AI-driven analytics platforms like ChatGPT.
  • Shift towards e-commerce may reduce demand for traditional market research services.
  • Inflation volatility could impact accuracy and demand for predictive analytics products.

What makes YipitData unique

  • YipitData specializes in alternative data, offering unique insights beyond traditional data sources.
  • The company provides custom reports tailored to specific business needs and sectors.
  • YipitData's subscription model ensures clients receive regular, detailed datasets and reports.

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Benefits

401(k) Company Match

Flexible Work Hours

Unlimited Paid Time Off

Parental Leave

Wellness Program

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-2%
Silicon Canals
Nov 4th, 2024
YipitData Expands Global Consumer Coverage to Europe and China

YipitData expands global consumer coverage to Europe and China.

Business Wire
Jun 13th, 2024
Services financiers Innovation CIBC dirige un financement par emprunt syndiqué de premier rang pour Yipit, LLC

Services financiers Innovation CIBC a le plaisir d’annoncer qu’elle a récemment agi à titre de chef de file bancaire et d’agent administratif dans le

PYMNTS
Sep 20th, 2023
Chatgpt Traffic Rebounds With Start Of School Year

Some new data about the usage patterns of generative artificial intelligence (AI) chatbots may have teachers taking a closer look at students’ homework. ChatGPT, the AI chatbot developed by OpenAI, is experiencing a surge in traffic at the same time students are returning to school, according to recent estimates from third-party firms, Bloomberg reported Wednesday (Sept. 20). This is raising concerns about the widespread use of the chatbot among students. Data intelligence firm SimilarWeb reported that web traffic to ChatGPT rose by about 12% last week compared to the previous week, according to the report. This increase is believed to be directly influenced by the return of students to school in the U.S

PR Newswire
Aug 17th, 2023
As Home Improvement Growth Slows, Consumers Turn To E-Commerce

YipitData industry report shows Amazon growing share, ranking second behind The Home DepotNEW YORK, Aug. 17, 2023 /PRNewswire/ -- The home improvement industry has seen significant sales shifts towards online shopping, with generalist retailers such as Amazon making significant market share gains against specialty retail leaders such as The Home Depot. YipitData's State of the Home Improvement Industry Report provides visibility into the dynamics of the $220 billion home improvement market, covering industry trends and growth by channel, retailer and subcategory.Home improvement consumers turning to e-comm in new YipitData report; Amazon ranking #2 market share behind Home Depot. Tweet this Generalist retailers are making gains in the home improvement industry. Amazon lags Home Depot in market share by only 2.6 pp.Home improvement GMV sales growth at a modest 2-3% YoY in 1H 2023 vs 23.5% YoY in 2021.More than ⅓ of total home improvement sales in 2023 were made online. Generalist retailers, led by Amazon, are capitalizing on the shift to e-commerce.Various subcategory performance is evolving due to consumer preference changes, including hand & power tools, outdoor power equipment, and lawn & garden."Our goal is to help retailers and brands answer their key questions on evolving consumer behavior with actionable data," said Dan Pellegrinelli, VP of Research at YipitData

PR Newswire
Jul 11th, 2022
Yipitdata Estimates Accelerating Motor-Fuel Food Inflation Offsets Slowing Auto Inflation

"The entire market is trading off of inflation and inflation expectations," says Avi Danda, Research Analyst at YipitData. "Recent CPI releases have caught many investors and management teams off guard with sustained accelerations in more volatile categories such as food & energy. Until now, there hasn't been a widely distributed source that uses alternative data to accurately track the government's data. Our goal here is to develop a product that helps our investor and corporate clients estimate the CPI numbers ahead of the monthly print, and better understand what is driving inflation month-to-month."

INACTIVE