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Full-Time

Vice President

Corporate Subscriptions

Posted on 10/21/2024

Dow Jones

Dow Jones

5,001-10,000 employees

Provides business news and financial data

Fintech
Financial Services

Compensation Overview

$226.5k - $310kAnnually

+ Pay-for-performance + Bonus potential

Senior, Expert

New York, NY, USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Marketing
Requirements
  • 15+ years of experience selling subscription based products (business information and research) is a plus.
  • A proven successful track record in a new business development with
  • Strong results orientation, with the commitment and drive to achieve a new business goal in a demanding and competitive business environment
  • Passionate about closing business, with a can do attitude and ability to work independently when needed
  • Good communication skills (listening, questioning, written and verbal) to ensure the Dow Jones value position is clearly articulated to prospects and a persuasive business case is presented in email and verbal communications
  • High level of brand awareness to help build credibility with the prospect, spot potential opportunities within a peer group or industry sector, and express the benefits of Dow Jones in the appropriate business context
  • Strong negotiation and closing skills to build a solid and persuasive business case, overcome objections
Responsibilities
  • Build and maintain strong relationships with C-level executives and key decision-makers to maximize sales potential across Corporate Subscriptions.
  • Lead initiatives to expand existing corporate subscriptions through cross-selling and upselling opportunities across The Wall Street Journal, Barron's, and MarketWatch.
  • Provide coaching and mentorship to sales and account management teams to enhance performance, sales expertise, and consultative selling skills.
  • Oversee the Education Retention and Sales team as well as the Corporate Subscription Sales team for all products
  • Collaborate closely with other departments such as Marketing and Business Intelligence to align sales goals with broader company strategies and ensure seamless delivery of value propositions.
  • Identify prospects related to corporate subscriptions, including product pilots, partnership opportunities, and key client renewals.

Dow Jones provides business news, financial information, and data intelligence to financial firms, professionals, and investors globally. Its main products include the Wall Street Journal, Dow Jones Newswires, and Factiva, which offer timely news, exclusive insights, and comprehensive data sets. Dow Jones also focuses on risk and compliance solutions, assisting businesses in managing issues like anti-money laundering and economic sanctions. Unlike many competitors, Dow Jones operates on a subscription-based model, along with data licensing and advertising revenue, allowing it to leverage its extensive media and data resources to support informed decision-making for its clients.

Company Stage

M&A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1881

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Simplify's Take

What believers are saying

  • The divestiture of VentureSource data could provide Dow Jones with additional capital to invest in its primary business areas, potentially leading to innovation and growth.

What critics are saying

  • Selling off valuable data assets like VentureSource may reduce Dow Jones' competitive edge in the venture capital market intelligence space.

What makes Dow Jones unique

  • Dow Jones' sale of VentureSource data to CB Insights indicates a strategic shift, potentially focusing more on core competencies like financial news and data analytics.

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