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Full-Time

Account Executive

Posted on 7/10/2024

Lightspeed Commerce

Lightspeed Commerce

1,001-5,000 employees

Provides software solutions for retail and restaurants

Consumer Software
Fintech

Entry

London, UK

Category
Field Sales
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Salesforce
Requirements
  • Relevant sales experience, preferably in a solution-sales / technology-related environment
  • Effective presentation skills and telephone manner
  • Experience with full Sales cycles: prospecting, quoting, invoicing, and closing
  • Excellent written and spoken English
  • Passion for people and technology
  • Passion for the Retail industry
Responsibilities
  • Identifying potential customers and introducing products to decision-makers through various communication channels
  • Follow-up on and manage qualified leads by phone and email
  • Collaborate with the team to grow the business
  • Lead screen-sharing presentations/demos
  • Work on pricing negotiations
  • Achieve and surpass sales quotas
  • Coordinate appointments and scheduling with Sales Development Representatives
  • Lead prospects through the sales process
  • Track prospect progression to close in Salesforce.com
  • Handle other duties as defined by management

Lightspeed Commerce provides software solutions designed specifically for small and medium-sized businesses in the retail and restaurant sectors. Their main products include point-of-sale systems, inventory management tools, and analytics features that help businesses operate more efficiently and engage with customers effectively. These tools work together to streamline operations, allowing users to manage sales, track inventory, and analyze performance data all in one platform. Unlike many competitors, Lightspeed focuses on a subscription model for its software services, along with transaction fees for payment processing, which provides a predictable revenue stream and ongoing support for its clients. The goal of Lightspeed is to enhance global commerce by empowering SMBs with the technology they need to thrive in a competitive marketplace.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

Amsterdam, Netherlands

Founded

2005

Simplify Jobs

Simplify's Take

What believers are saying

  • Employees at Lightspeed Commerce benefit from exposure to a wide array of industries and cutting-edge technologies, enhancing their professional growth.
  • The firm's strategic investments in high-growth sectors like fintech, crypto, and digital content platforms offer substantial opportunities for career advancement.
  • Lightspeed's robust portfolio and successful funding rounds indicate strong financial health and stability, providing a secure working environment.

What critics are saying

  • The broad investment strategy may lead to overextension, potentially diluting focus and resources across too many sectors.
  • High competition in the venture capital space could impact Lightspeed's ability to secure the most promising deals, affecting its market position.

What makes Lightspeed Commerce unique

  • Lightspeed Commerce's investment strategy spans a diverse range of industries, from crypto services to B2B marketplaces, showcasing its versatility and broad market reach.
  • The firm's involvement in early-stage funding rounds, such as Beyond Odds Technologies, highlights its commitment to nurturing innovative startups from the ground up.
  • Lightspeed's global presence and participation in significant funding rounds, like Matrixport's $100M Series C, position it as a key player in the venture capital landscape.

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