Full-Time

Business Development Associate

Strategic Partnerships

Confirmed live in the last 24 hours

ibotta

ibotta

501-1,000 employees

Shopping rewards app for cash-back offers

Consumer Software
Consumer Goods

Compensation Overview

$51k - $60kAnnually

+ Equity

Entry, Junior

No H1B Sponsorship

Denver, CO, USA

Hybrid position requiring 3 days in office (Tuesday, Wednesday, and Thursday).

Category
Business Development
Business & Strategy
Required Skills
Salesforce
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 1-3 years of experience working in a fast paced environment
  • Bachelor’s degree preferred
  • Technical skills: G Suite, basic to intermediate Excel and intermediate to advanced Powerpoint; Salesforce, Miro, and Mode experience a plus
  • High attention to detail and organizational skills
  • Self-motivated and proactive
  • Understand how to prioritize, reprioritize and manage tight deadlines
  • Ability to learn quickly, adapt to change and thrive in a fast-paced environment
Responsibilities
  • Support the Strategic Partner Management team’s activities including but not limited to working directly with partners, creating partner facing materials (collateral), conducting performance analyses and helping drive incremental revenue
  • Support new business or product initiatives with partners by coordinating internal and external meetings, conducting research, creating initiative briefs, creating deliverables, helping to design processes, and executing next steps
  • Support the Strategic Partner Management team by organizing critical client information for partnership meetings and helping with call notes, schedules, etc on an ongoing basis
  • Monitor partner-specific news and research the competitive landscape
  • Additional administrative tasks such as setting up events and other projects
  • Embrace and uphold Ibotta’s Core Values: Integrity, Boldness, Ownership, Teamwork, Transparency & A good idea can come from anywhere

Ibotta operates a shopping rewards app that connects brands with millennial consumers by offering cash-back rewards for purchases. Users earn cash back by shopping at partner retailers, which encourages them to shop more frequently and spend more per visit. Brands and retailers collaborate with Ibotta to promote their products through targeted advertising within the app, especially during major shopping events like Black Friday. Ibotta generates revenue by charging brands for featured placements and marketing campaigns designed to increase sales velocity and conversion rates. The company differentiates itself by providing valuable insights and tools that help brands understand consumer behavior, making it easier for them to reach their target audience effectively. Ibotta's goal is to enhance brand awareness and drive incremental sales for its partners while providing a rewarding shopping experience for consumers.

Company Stage

IPO

Total Funding

$58.4M

Headquarters

Denver, Colorado

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

3%

2 year growth

10%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ibotta's successful IPO and strong market capitalization of $3.1 billion indicate robust financial health and growth potential.
  • The company's innovative marketing strategies, such as the 'Make It Rain' experiential campaign, demonstrate a commitment to creative consumer engagement.
  • Partnerships with major retailers like Walmart and Schnucks enhance Ibotta's market reach and credibility.

What critics are saying

  • The competitive landscape of the shopping rewards market could pressure Ibotta to continuously innovate to maintain its edge.
  • Dependence on partnerships with major retailers means that any disruption in these relationships could significantly impact Ibotta's business.

What makes ibotta unique

  • Ibotta's focus on millennial consumers and cash-back rewards sets it apart from traditional loyalty programs that may not resonate as strongly with this demographic.
  • The company's ability to drive incremental sales through targeted marketing campaigns provides a measurable ROI for brands and retailers, unlike more generic advertising platforms.
  • Ibotta's partnerships with major retailers like Walmart and its innovative experiential campaigns highlight its commitment to engaging consumers in unique and memorable ways.

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Benefits

Parental leave

Onsite gym

Dinner perk

Healthcare coverage

Culture club

401(k) match

Team wide bonus

Flexible time off

Equity

Lifestyle spending account