Full-Time

Account Executive

Posted on 7/31/2024

Dow Jones

Dow Jones

5,001-10,000 employees

Provides business news and financial data

Fintech
Financial Services

Compensation Overview

$95k - $120kAnnually

+ Pay-for-performance + Bonus eligibility

Senior

Washington, DC, USA + 1 more

More locations: New York, NY, USA

Category
Customer Success Management
Inside Sales
Sales & Account Management
Required Skills
Sales
Requirements
  • Strong time management skills, with an ability to develop and implement effective systems for managing administrative tasks and tracking progress against appropriate activity goals
  • Strong results orientation, with the commitment and drive to achieve a new business goal in a demanding and competitive business environment
  • Ability to prioritize tasks and customers, to ensure time is maximized for revenue-retaining activities and the most important customers receive an excellent level of account management
  • Excellent communication skills (listening, questioning, written and verbal) to ensure the Dow Jones value position is clearly articulated to prospects, a persuasive business case is presented and a professional image always conveyed.
  • Exceptional negotiation and closing skills to manage renewals from the AM’s set of customers to a successful conclusion
  • A proven successful track record of at least 5 years of selling information to large enterprise accounts (fortune 1000s).
Responsibilities
  • MEET NEW BUSINESS TARGETS: Generate new streams of Dow Jones revenue through sales of products and services which address prospects business needs
  • IDENTIFY PROSPECTS: Complete territory analysis to identify potential buying centers, plus the specific roles and individuals to be prospected. Develop and execute a plan to grow your territory by understanding the complete suite of Dow Jones products and successfully take them to market.
  • RETENTION: Retain Dow Jones contract revenue in the assigned set of customers and ensure the Dow Jones products and services address customers' business needs
  • RELATIONSHIPS: Maintain good levels of customer satisfaction through regular communication with all customers, and build solid working relationships with each customer
  • RENEWALS: Develop and execute a plan to manage all account renewals, initiating communication with the client at the right time and fulfilling contractual obligations for providing account information to the client
  • ACCOUNT MANAGEMENT: Responsible for all areas of account management, including the development of good account understanding, understanding clients' businesses and resolving issues in a timely manner; understand competitor solutions the client is using and the client's current and developing needs
  • ROLLOUT AND ADOPTION: Ensure appropriate levels of customer training and awareness are provided through your own means and partnering with the Account Development Team.
  • DEVELOP OPPORTUNITIES: Identify opportunities for increased revenue within the set of accounts (up-selling and possibly cross-selling), and where appropriate, engage with Sales Specialists to bring to close.
  • TEAMWORK: Work on retention initiatives for selected customers with the extended sales team available
  • PRODUCT KNOWLEDGE: Clearly express the value proposition and benefits of the Dow Jones products and solutions, and use this knowledge to help increase the value and adoption of our solutions by the client
  • FORECASTING: Manage Sales Forecast and Pipeline to ensure clear reporting of forthcoming renewals, additional sales opportunities, plus the associated revenue and timescales
  • MANAGING ACCOUNT INFORMATION: Maintain accurate and appropriate client records within the global CRM system to provide timely management information.

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. Additionally, Dow Jones offers risk and compliance solutions to help businesses navigate issues like anti-money laundering and economic sanctions. Unlike many competitors, Dow Jones focuses on a subscription-based model, data licensing, and advertising revenue, utilizing its extensive media and data resources to equip clients with the necessary information for informed decision-making.

Company Stage

Acquired

Total Funding

N/A

Headquarters

New York City, New York

Founded

1881

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for real-time financial news boosts subscription-based services.
  • AI-driven journalism tools enhance content creation and personalization.
  • Growing importance of ESG data creates opportunities for expanded offerings.

What critics are saying

  • Competition from digital-native platforms like Bloomberg and Reuters is increasing.
  • AI-generated content threatens traditional journalism models.
  • Subscription fatigue may impact Dow Jones' revenue model.

What makes Dow Jones unique

  • Dow Jones offers a unique blend of news, data, and risk compliance solutions.
  • The Wall Street Journal is America's largest newspaper by total average circulation.
  • Dow Jones provides content in 28 languages, enhancing global reach.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Comprehensive Healthcare Plans

Comprehensive Medical, Dental and Vision Insurance Plans

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Time Off

Paid Vacation

Paid Maternity and Paternity Leave

Family Care Benefits

Family Care Benefits & Caregiving Support

Commuter Transit Program

Subscription Discounts

Employee Referral Program

Education Benefits

Retirement Plans

Comprehensive Insurance Plans

Lifestyle programs & Wellness Resources

INACTIVE