Full-Time

Account Manager

Posted on 11/20/2024

Pendo

Pendo

501-1,000 employees

Enhances product experience and user engagement

Consumer Software
Enterprise Software

Compensation Overview

£100k - £120kAnnually

Junior, Mid

London, UK

Expected OTE salary range for this role in London is £100,000 - £120,000.

Category
Customer Success Management
Sales & Account Management
Required Skills
Salesforce
Requirements
  • Minimum 2 years experience in a Renewal Specialist position or similar/related function (e.g. Technology Inside Sales, Sales Operations, Services Renewals) that includes direct customer interaction.
  • Bachelor’s degree or equivalent in a numerate, technical or business discipline.
  • Ability to build and manage your opportunity pipeline to a healthy coverage to be able to hit target.
  • Technology sales experience in a subscription model environment, with a proven track record.
  • Excellent interpersonal skills with the ability to handle conflict.
  • Competency with sales pipeline management and CRM tools, including salesforce.com.
  • Strong negotiation skills, ability to discuss and close multi-year deals.
  • Excellent executive level communication and presentation skills.
  • Strong collaboration skills to plan account strategies and penetration with the Customer Success team.
  • Approaches work with empathy and a creative, problem-solving mindset.
  • Self-motivated, proactive, energetic team player.
  • Takes an active interest in increasing customer happiness and deepening customer relationships.
  • Extraordinary time and process management skills, ensuring nothing slips through the cracks.
Responsibilities
  • Autonomously manage your book of commercial customers
  • Work cross-functionally to develop growth and renewal strategy and execution plans
  • Increase penetration in your book of business through existing product portfolio and new offers
  • Build and manage your opportunity pipeline week on week and provide reliable and timely forecasts to management
  • Research customer contracts and purchasing history in order to build timely, accurate quotes for renewals within your book of business
  • Develop deep expertise and understanding of Pendo’s products, upselling options, GTM strategy, and standards for pricing and negotiation of expansions and renewals
  • Attain quarterly targets for bookings in your book of business, on-time renewals, and overall critical renewal and expansion metrics.
  • Demonstrate the Pendo products in the platform to your customers
  • Navigate a customer through PoC’s, PoT’s and free trial
  • Negotiate expansions and renewals
  • Manage any operational transaction and any potential escalations related to any deal to close, commercial impact and legal or billing elements across your book of business
  • Participate in account reviews and own partnership growth planning.
  • Record and document all sales activities in according systems (eg. SalesForce.com)
  • Identify when technical guidance might be needed and bring in the right teams to secure a renewal and future growth.

Pendo provides solutions for improving product experience and digital adoption for businesses that develop digital products, such as software companies and tech startups. Their platform integrates with existing products to offer tools that help product teams analyze user behavior, collect feedback, and make informed decisions to enhance their offerings. Key features include in-app messaging, user analytics, and feedback collection, which guide users through new features and updates. Pendo differentiates itself by focusing on user engagement and providing actionable insights that help clients meet the high expectations of users. The goal of Pendo is to support businesses in achieving growth and success by ensuring their digital products deliver a positive and valuable user experience.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$455.5M

Headquarters

Raleigh, North Carolina

Founded

2013

Growth & Insights
Headcount

6 month growth

10%

1 year growth

13%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Achieving $200 million in annual recurring revenue and a record number of new product launches highlights Pendo's strong growth trajectory and innovation capacity.
  • Partnerships with major players like Google Cloud to integrate generative AI capabilities position Pendo at the forefront of AI-driven product management solutions.
  • Pendo's recognition as a leader in Everest Group's 2023 Digital Adoption Platforms PEAK Matrix® Assessment underscores its industry leadership and credibility.

What critics are saying

  • The recent layoff of 12% of its staff could indicate underlying financial or operational challenges that may affect employee morale and stability.
  • High competition in the SaaS market, with numerous alternatives and competitors, could pressure Pendo to continuously innovate to maintain its market position.

What makes Pendo unique

  • Pendo's focus on product experience and digital adoption sets it apart from general SaaS providers, offering specialized tools for user engagement and product improvement.
  • The seamless integration of Pendo's platform with clients' existing products allows for real-time user behavior insights and feedback collection, a feature not always available in competing solutions.
  • Pendo's recent enhancements with AI and automation further differentiate it by providing advanced capabilities for product teams to leverage in improving user experiences.

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