Full-Time

Account Executive

Posted on 6/28/2024

StimLabs

StimLabs

51-200 employees

Develops placental tissue healing solutions

Compensation Overview

$95k/yr

+ Commission

Mid

Remote in USA

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Lead Generation
Inventory Management
Requirements
  • Ability to travel domestically and within assigned region often involving overnight stays.
  • Consultative selling and closing skills
  • Ability to build consultative relationships with advanced practice clinicians (physicians, NP’s, nurses), supply chain partners and end users to influence product choice decisions
  • Ability to work with a diverse range of customers
  • Demonstrated ability to promote concepts and ideas to create customer demand
  • Excellent presentation, interpersonal, written and verbal skills
  • Ability to engage audiences
  • Bachelor's Degree
  • Experience in medical industry may be considered in lieu of a Bachelor’s degree
  • Demonstrated business to business sales experience; experience in medical device is strongly preferred
  • Knowledge of sales and a high level of communication and negotiation skills
Responsibilities
  • Establish and maintain customer relationships
  • Represent StimLabs in sales calls and negotiations and achieve established sales goals for products in assigned territory
  • Effective sales process execution to include new business opportunities, lead generation, and competitive account conversions
  • Effective management of sales pipeline. Document opportunities and closed business through the use of the StimLabs indicated CRM software
  • Develop new and/or expand business with existing customers through introduction of new products, presenting product information, explaining product features and distinctions, and so forth
  • Development of effective customer relations within assigned territory in order to ensure satisfaction and service, and promote needs awareness
  • Identify and resolve customer problems through contact with customer service department
  • Maintain a variety of contacts within StimLabs to gather and exchange information related to sales goals and results, product availability and pricing, marketing strategies and plans, status of orders, and so forth
  • Responsible for sales administration activities such as completing sales plans, maintaining customer records, preparing routine expense, sales, and activity reports, assisting with special projects, analyzing individual customer product mix and sales volume, and processing orders
  • Responsible for obtaining and maintaining up to date records and medical credentials required by the hospitals in the territory
  • Reporting any potential complaints about product efficacy, performance, or other deficiencies to Quality in a timely manner and assisting with investigations as needed.
  • Assisting with inventory management including performance of inventory verification at customer location as requested by Operations Management.
  • Participating in field corrective actions (e.g. recall or market withdrawal) as needed
Desired Qualifications
  • Advanced wound care experience in both the acute care market and wound care clinics
  • Live and have experience selling in the assigned territory; exceptions may be made for specific territories at the discretion of the Company
  • Evidence of top sales achievement with experience in multi-level account management

StimLabs develops and sells healing solutions derived from placental tissue, focusing on regenerative medicine. Their products help the body repair and regenerate damaged tissues, making them valuable for healthcare providers, hospitals, and clinics seeking to improve patient outcomes. StimLabs uses unique processing techniques that are proprietary, giving them a competitive advantage in the rapidly growing medical market. The company prioritizes regulatory compliance and quality control to ensure the safety and effectiveness of their products, which helps build trust with clients. The goal of StimLabs is to be a leading provider of advanced regenerative healing solutions that enhance patient care.

Company Size

51-200

Company Stage

Seed

Total Funding

$10M

Headquarters

Roswell, Georgia

Founded

2015

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Simplify's Take

What believers are saying

  • Partnership with Geistlich Pharma expands StimLabs' wound care product portfolio.
  • Growing demand for regenerative treatments aligns with StimLabs' innovative healing solutions.
  • Advancements in cryopreservation enhance the efficacy of StimLabs' placental tissue products.

What critics are saying

  • Increased competition in regenerative medicine could threaten StimLabs' market share.
  • Potential patent disputes may lead to costly legal battles for StimLabs.
  • Changes in healthcare reimbursement policies could impact StimLabs' revenue streams.

What makes StimLabs unique

  • StimLabs uses proprietary techniques for placental tissue processing, offering a competitive edge.
  • The company focuses on regenerative healing, promoting tissue repair and regeneration.
  • StimLabs emphasizes regulatory compliance and quality control, building trust with healthcare providers.

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Benefits

Professional Development Budget

Flexible Work Hours

Company News

Medical Device Network
Nov 28th, 2024
Geistlich Pharma partners with StimLabs for wound care distribution in US

Geistlich Pharma has entered an exclusive national distribution collaboration agreement with StimLabs in the US, focusing on the commercialisation of the former's Advanced Wound Matrix, Derma-Gide.

Business Wire
Nov 26th, 2024
Geistlich Announces Exclusive Distribution Partnership for its Leading Wound Care Portfolio in the United States

WOLHUSEN, Switzerland-(BUSINESS WIRE)-Geistlich Pharma AG, a worldwide leader in regenerative technologies, announced an exclusive national distribution partnership agreement with StimLabs of Roswell, GA.

PR Newswire
Nov 20th, 2024
Stimlabs® Announces Exclusive Distribution Rights For Geistlich'S Leading Wound Care Portfolio

New Partnership Expands StimLabs Product Offering to Include Medicare Covered Xenograft, Derma-Gide (Q4203)ROSWELL, Ga., Nov. 26, 2024 /PRNewswire/ -- StimLabs, a leading regenerative medicine company, announced that it has entered into an exclusive national distribution agreement with Geistlich to commercialize an innovative wound care product line, beginning with the advanced wound matrix, Derma-Gide®. This strategic partnership broadens the StimLabs product portfolio to include xenografts and continues the company's history of bringing unique regenerative solutions to the market

MPO Magazine
Oct 25th, 2024
StimLabs's Umbilical Cord-Derived Wound Care Product Released in U.S.

StimLabs has launched Corplex P in the United States.

Medical Device Network
Oct 3rd, 2024
StimLabs introduces Corplex P wound care device in US

StimLabs introduces Corplex P wound care device in US.

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