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Full-Time

Business Development Executive

Field

Posted on 6/20/2024

Cars Commerce

Cars Commerce

1,001-5,000 employees

Online marketplace for buying and selling cars

Data & Analytics
Automotive & Transportation

Compensation Overview

$115.3k - $144.1kAnnually

+ Variable Components

Mid

Oakland, CA, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Segment
Requirements
  • Bachelor’s Degree or equivalent experience
  • 4+ years of successful sales experience; software or ad-tech sales is ideal
  • Demonstrated consistent quota attainment track record with a continuous desire to win
  • Have a strong business acumen, with a desire to drive results
Responsibilities
  • Sell products and/or services to customers then transition the accounts to an Account Executive for ongoing service and growth
  • Responsible for development of new accounts
  • Pursue Sales leads within assigned territory, defined by geographic area, industry, or product/service segment
  • Respond to customer inquiries and offer guidance on appropriate products and/or services
  • Work in tandem with the Account Executive sales team to achieve sales goals and revenue targets
  • Effectively communicate across multiple internal channels
  • Execute sales strategy and identify new opportunities/leads
  • Possess a working understanding of company products/services and utilize sales techniques effectively
  • Ability to travel up to 75% of any given month in an assigned territory to visit prospective customers face to face
  • Requires minimal supervision

Cars Commerce operates as a digital marketplace in the automotive industry, connecting consumers who want to buy or sell cars with automotive businesses like dealerships and manufacturers. The platform provides consumers with essential information about cars, including product details, pricing, and seller locations, helping them make informed purchasing decisions. For automotive businesses, Cars Commerce offers insights and data on market trends and consumer behavior, which can enhance their sales strategies. The company generates revenue through advertising and subscription fees from these businesses for services like listings and access to consumer analytics. By utilizing technology and data, Cars Commerce aims to improve the efficiency and effectiveness of the car buying and selling process for both consumers and businesses.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

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Simplify's Take

What believers are saying

  • Cars.com's top ranking as the best place to sell cars online highlights its strong market position and consumer trust.
  • The introduction of a 'one-stop hub' for tracking vehicle value demonstrates Cars.com's commitment to continuous innovation and added consumer value.
  • The company's comprehensive Affordability Report provides valuable insights for cost-conscious car shoppers, potentially increasing user engagement and platform loyalty.

What critics are saying

  • The competitive nature of the online automotive marketplace requires Cars.com to continuously innovate to maintain its market position.
  • Dependence on advertising and subscription fees from automotive businesses could be vulnerable to economic downturns affecting the auto industry.

What makes Cars Commerce unique

  • Cars.com operates as a two-sided digital marketplace, uniquely serving both consumers and automotive businesses, unlike many competitors who focus on just one side of the market.
  • The platform's comprehensive data analytics and market insights provide automotive businesses with valuable information to drive sales and understand consumer behavior, setting it apart from simpler listing services.
  • Cars.com's focus on consumer empowerment through detailed product information, pricing, and seller transparency enhances the car buying experience, making it more informed and efficient.
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