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Full-Time

Senior Account Executive

Updated on 9/1/2024

RepeatMD

RepeatMD

51-200 employees

Mobile rewards platform for medical practices

Compensation Overview

$120k - $180kAnnually

+ Bonus + Stock Options

Senior

New York, NY, USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Communications
Cold Calling
Salesforce
Marketing
Requirements
  • Demonstrated success in consistently meeting or exceeding sales targets in your current industry.
  • A deep understanding of the retail sales process, including selling methodologies, closing techniques and best practices.
  • Strong customer empathy and the ability to understand and address the unique needs and pain points of clients.
  • Proficiency in understanding and explaining complex SaaS solutions to non-technical stakeholders.
  • Ability to develop and execute strategic sales plans tailored to each client's business objectives.
  • Outstanding verbal and written communication skills, with the ability to articulate value propositions clearly and persuasively.
  • Exceptional interpersonal and relationship-building skills to establish trust and rapport with prospects quickly.
  • Strong problem-solving skills to identify challenges and provide innovative solutions that align with clients' goals.
  • Flexibility to adapt to changing market conditions, client needs, and product offerings in the dynamic SaaS landscape.
  • Collaborative mindset and the ability to work effectively with cross-functional teams, including marketing, product development, and customer support.
Responsibilities
  • Generate new leads through various channels, such as cold calling, email outreach, social media, and networking.
  • Initiate contact with prospective clients to introduce RepeatMD and set up initial meetings or product demonstrations.
  • Conduct in-depth discussions with clients to understand their specific business needs and pain points.
  • Master and deliver compelling presentations that showcase how RepeatMD addresses the client's challenges and adds value.
  • Engage in negotiations to close deals, including contract terms, pricing, and licensing agreements.
  • Use Customer Relationship Management (CRM) software to track leads, opportunities, and client interactions. These include Salesforce and Salesloft.
  • Stay updated on product features, updates, and industry trends to effectively communicate value propositions.
  • Participate in ongoing training and professional development programs to enhance sales skills and product knowledge.
  • Travel may be required for in-person meetings and trade shows.
  • Manage and prioritize a sales pipeline, ensuring that leads progress through the various stages of the sales process.
  • Be flexible and adaptable to changing market conditions, client needs, and product updates.

RepeatMD assists medical practices, particularly Med Spas, in boosting their revenue through a mobile rewards platform. They create customized mobile apps that allow patients to purchase treatments and memberships while earning rewards, enhancing patient engagement and loyalty. The company stands out by using artificial intelligence to automate patient reminders and referrals, which helps practices retain patients and attract new ones. RepeatMD's goal is to provide a comprehensive solution that streamlines the purchasing process and increases sales for medical practices.

Company Stage

Series A

Total Funding

$64.2M

Headquarters

Houston, Texas

Founded

2021

Growth & Insights
Headcount

6 month growth

0%

1 year growth

26%

2 year growth

34%
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Simplify's Take

What believers are saying

  • Securing $50 million in Series A funding positions RepeatMD for significant growth and technological advancements.
  • Partnerships with industry leaders like BENEV enhance its credibility and expand its market reach.
  • Winning the Technology Innovation of the Year Award twice underscores its commitment to innovation and industry leadership.

What critics are saying

  • The niche focus on Med Spas may limit market expansion opportunities.
  • Dependence on partnerships for patient financing and other services could pose risks if these partnerships dissolve.

What makes RepeatMD unique

  • RepeatMD's focus on Med Spas and high-margin treatments sets it apart from general healthcare platforms.
  • The integration of patient financing through Affirm and AI-driven engagement automation provides a comprehensive solution for revenue generation and patient retention.
  • Achieving over one million users and ranking in the Top 200 shopping apps highlights its strong market presence and user adoption.