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Full-Time

Account Executive

Confirmed live in the last 24 hours

StimLabs

StimLabs

201-500 employees

Develops placental tissue healing solutions

Biotechnology

Compensation Overview

$95kAnnually

+ Commission

Junior, Mid

Remote in USA

Category
Field Sales
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Management
Lead Generation
Marketing
Customer Service
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

StimLabs develops and sells healing solutions derived from placental tissue, focusing on regenerative medicine. Their products are designed to 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 and fosters long-term relationships. The goal of StimLabs is to be a leading provider of advanced regenerative healing solutions in the placental tissue market.

Company Stage

Seed

Total Funding

$10M

Headquarters

Roswell, Georgia

Founded

2015

Growth & Insights
Headcount

6 month growth

-11%

1 year growth

3%

2 year growth

-11%
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Simplify's Take

What believers are saying

  • StimLabs' focus on innovative regenerative healing solutions positions them well in a rapidly growing market, offering significant growth potential.
  • Their proprietary techniques could lead to breakthroughs in patient outcomes, enhancing the company's reputation and market share.
  • Strong relationships with healthcare providers and a commitment to quality can result in long-term contracts and stable revenue streams.

What critics are saying

  • The niche focus on placental tissue products may limit market opportunities compared to competitors with a broader product range.
  • Regulatory hurdles and the need for continuous compliance can pose challenges and potential delays in product development and commercialization.

What makes StimLabs unique

  • StimLabs specializes exclusively in placental tissue products, setting them apart from competitors who may offer a broader range of regenerative medicine solutions.
  • Their proprietary processing techniques provide a unique competitive edge, ensuring that their products are distinct and potentially more effective than those of competitors.
  • A strong emphasis on regulatory compliance and quality control builds trust with healthcare providers, differentiating StimLabs as a reliable and safe choice in the market.