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Full-Time

Enterprise Account Executive Director

Posted on 8/27/2024

Focal Systems

Focal Systems

51-200 employees

Automates retail operations with AI technology

Data & Analytics
Hardware
AI & Machine Learning
Consumer Goods

Senior, Expert

Remote in USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Data Analysis
Requirements
  • 4 year BA/BS degree
  • 10+ years in enterprise technology sales
  • Consistent quota attainment
  • Proven ability to develop and manage complex sales cycle
  • Excellent communication, presentation and demonstration skills
  • Creative, outside the box thinker
  • Accountability to your output and a hunger to crush your number
  • Self-starter with an ability to thrive in a fast-paced environment
  • Desire to be a part of a transformational company
  • Ability to oversee negotiations and contract management
  • Experience with data analytics/business intelligence
Responsibilities
  • Intimately understand the needs of our retail customers in order to prescribe solutions to solve those problems
  • Initiate and develop long-term trusted relationships with key named accounts in your territory
  • Orchestrate internal teams to support complex sales cycles
  • Use prospecting techniques to build pipeline and reach decision makers
  • Ability to clearly articulate the ROI of our solutions
  • Develop and execute account plans
  • Maintain accurate opportunity forecasts
  • Implement mutual action plans with customers to ensure timelines are met
  • Qualify opportunities to focus company resources effectively

Focal Systems automates and optimizes retail operations for physical stores using artificial intelligence. Its main product, FocalOS, is an operating system that improves store management and inventory processes while enhancing financial performance. FocalOS uses battery-powered, WiFi-enabled cameras to scan shelves hourly, providing retailers with real-time data on inventory levels. This allows stores to manage stock more efficiently and quickly address supply issues. Unlike competitors, Focal Systems focuses specifically on the needs of brick-and-mortar retailers, offering both software and hardware solutions. The company's goal is to enhance operational efficiency and reduce labor costs for retailers, ultimately delivering significant value in the retail technology market.

Company Stage

Series B

Total Funding

$41.8M

Headquarters

Menlo Park, California

Founded

2015

Growth & Insights
Headcount

6 month growth

32%

1 year growth

49%

2 year growth

101%
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Simplify's Take

What believers are saying

  • Partnerships with major retailers like Walmart Canada and Village Super Market demonstrate Focal Systems' ability to scale and integrate effectively.
  • The company's entry into the UK market and collaboration with the British Retail Consortium highlight its potential for international growth.
  • Focal Systems' technology significantly reduces labor costs and improves inventory management, offering substantial financial benefits to retailers.

What critics are saying

  • The retail technology market is highly competitive, requiring continuous innovation to maintain a leading position.
  • Dependence on hardware components like cameras could pose supply chain risks and impact service delivery.

What makes Focal Systems unique

  • Focal Systems leverages AI-driven automation to provide real-time, accurate shelf inventory data, setting it apart from traditional retail management solutions.
  • Their cost-effective, battery-powered, WiFi-enabled cameras offer continuous monitoring, a unique feature that enhances operational efficiency.
  • Focal Systems' focus on brick-and-mortar retailers allows them to address specific challenges in physical store management, unlike broader retail tech solutions.
INACTIVE