Full-Time

Key Account Executive

Posted on 10/1/2024

Openlane

Openlane

51-200 employees

Online marketplace for wholesale vehicle transactions

Automotive & Transportation

Compensation Overview

$60k - $65kAnnually

+ Monthly Bonus Target

Junior, Mid

Washington, DC, USA + 1 more

More locations: Pittsburgh, PA, USA

Category
Customer Success Management
Sales & Account Management
Required Skills
Salesforce
Customer Service
Requirements
  • College degree or equivalent professional experience.
  • 2-3+ years in a customer focused, industry specific, or account management position; preferred.
  • Superior communication skills, able to clearly articulate ideas and concepts.
  • Intermediate knowledge of both Microsoft Office and Google Suite products.
  • Demonstrable knowledge of CRM tools; Salesforce and Pipedrive strongly preferred.
  • Ability to blend sales acumen, outstanding interpersonal skills, and enthusiasm to stay flexible in a fast-paced, changing environment.
  • Ability and willingness to travel to or within assigned region, roughly 15% of the time every other month.
Responsibilities
  • Serve as the main point of contact for clients within your assigned book of business.
  • Facilitate seamless communication across departments to provide efficient solutions to client issues.
  • Develop and maintain competitive knowledge and expertise in areas of products, industry trends, and other developments. Understand and react to the competitive landscape.
  • Document all customer interactions and maintain accurate records in our CRM.
  • Adapt to changing priorities and provide support in unexpected situations.
  • Maintain flexibility to accommodate the needs of clients, including occasional travel within the assigned book of business.

Openlane operates an online marketplace specifically designed for car dealers in the wholesale automotive market. The platform allows dealers to buy and sell vehicles in bulk, providing access to a wide inventory that includes dealer trades, commercial vehicles, and off-lease exclusives. Openlane simplifies the buying process by offering detailed vehicle reports, which help dealers understand the condition and history of the vehicles they are purchasing, thereby reducing risk and guesswork. Unlike many competitors, Openlane focuses on transparency and ease of use, ensuring that dealers can make informed decisions. The company generates revenue through transaction fees for listings and sales, as well as additional services like vehicle inspections. The main goal of Openlane is to enhance the efficiency and profitability of car dealers by providing them with a comprehensive and user-friendly platform.

Company Stage

IPO

Total Funding

N/A

Headquarters

Redwood City, California

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven tools like Code Boost IQ improve vehicle condition assessments.
  • Automated Absolute Sale increases transaction speed and optimizes buyer demand.
  • Migration to AWS cloud-native services enhances platform scalability and reliability.

What critics are saying

  • Increased competition from other online automotive marketplaces could erode market share.
  • Reliance on AWS may pose risks if service disruptions occur.
  • Economic downturns could reduce demand for wholesale vehicles, affecting transaction volumes.

What makes Openlane unique

  • Openlane offers a comprehensive online marketplace for wholesale automotive transactions.
  • Code Boost IQ enhances vehicle inspections with AI-driven OBD2 intelligence.
  • Automated Absolute Sale tool optimizes transaction velocity and buyer demand.

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