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Full-Time

Business Development Manager

Strategic Channel Partnerships

Posted on 7/8/2024

Square

Square

10,001+ employees

Payment and POS solutions for businesses

Consulting
Energy
Consumer Software
Fintech
Social Impact
Crypto & Web3
Financial Services
Consumer Goods

Senior, Expert

San Francisco, CA, USA + 1 more

Category
Business Development
Business & Strategy
Required Skills
Marketing
Requirements
  • 5+ years of experience signing and managing partnerships at a technology company
  • Experience influencing senior executives, both internally and at partner organizations
  • Successful track record of signing and launching new partnerships that have contributed revenue and tangible business value
  • Experience leading cross-functional projects and seeing deals through from start to launch
  • Qualitative and quantitative abilities required to build business cases that explain value to both Square and sellers
  • Experience balancing near-term revenue goals and longer-term strategic initiatives
  • Experience in SMB tech, payments, or the commerce tech ecosystem is a plus
  • Experience with platform and/or product integrations is a plus
Responsibilities
  • Focus on driving distribution of Square’s products through various channels
  • Lead all aspects of deal execution independently
  • Work with signed partners to launch and grow the partnership
  • Determine and prioritize partner benefits, incentives, and co-marketing opportunities
  • Launch and manage partners to deliver value to sellers and Square
  • Partner with internal teams across different departments
  • Be accountable for the business results of partnerships
  • Explore potential channel partnerships to bring new customers and revenue to Square

Square provides payment and point-of-sale (POS) solutions designed for businesses of all sizes, particularly small to medium-sized enterprises (SMEs) like retail stores, restaurants, and online merchants. Its main product is a POS system that includes hardware such as card readers and terminals, along with software that allows businesses to accept various payment methods, including credit cards, debit cards, and mobile payments. Square also offers additional services like invoicing, payroll management, and business analytics, making it a comprehensive tool for managing business operations. What sets Square apart from its competitors is its user-friendly interface and transparent fee structure, which charges a small fee for each transaction processed. This simplicity appeals to small business owners who value predictable costs. The goal of Square is to empower SMEs by providing them with the tools they need to manage sales and customer relationships effectively.

Company Stage

IPO

Total Funding

$601.2M

Headquarters

San Francisco, California

Founded

2009

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

5%
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Simplify's Take

What believers are saying

  • Square's expansion into new markets, such as offering Tap to Pay in France, indicates strong growth potential and international reach.
  • The company's investment in Bitcoin and blockchain technology positions it at the forefront of financial innovation, potentially leading to significant long-term gains.
  • Square's extensive ecosystem of third-party integrations, particularly in the food and beverage sector, enhances its value proposition and operational efficiency for businesses.

What critics are saying

  • The highly competitive fintech market requires Square to continuously innovate to maintain its market position and avoid being outpaced by rivals.
  • Square's significant investment in Bitcoin introduces volatility and financial risk, which could impact its overall financial stability.

What makes Square unique

  • Square's user-friendly hardware and software solutions, including its flagship POS system, set it apart in the fintech market by offering a seamless and comprehensive business management experience.
  • The company's transparent transaction-based revenue model appeals to small business owners who prefer predictable costs, unlike competitors with more complex fee structures.
  • Square's strategic focus on integrating advanced technologies like machine learning and Bitcoin into its ecosystem demonstrates its commitment to innovation and staying ahead of market trends.
INACTIVE