Full-Time

Account Executive

Posted on 6/18/2024

CarGurus

CarGurus

1,001-5,000 employees

Online marketplace for buying and selling cars

No salary listed

Junior

Boston, MA, USA

Hybrid model; some in-office presence required.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • 1-2 years of proven inside sales experience and closing ability
  • Strong account management skills
  • Good organizational skills
  • Strong internal motivation
  • Sandler Sales Training is a plus
  • SaaS or Auto Industry Experience is a Plus
Responsibilities
  • Create, preserve, and grow relationships within a designated book of business through prospecting, sales calls, and rapport-building
  • Identify and close cross-sell/up-sell opportunities using the CarGurus suite of products
  • Grow your book of business through new acquisition opportunities in partnership with Business Development
  • Increase revenue per client by re-negotiating subscription rates
  • Work with an Account Manager to ensure high customer retention within your book of business
  • Work with a Product Specialist to introduce your book of business to and sell CarGurus' newest product offerings
  • Accurately forecast monthly sales and retention achievement to management
  • Contribute feedback to the larger CarGurus organization by utilizing strong analytical thinking, presentation, and problem-solving skills
Desired Qualifications
  • Sandler Sales Training is a plus
  • SaaS or Auto Industry Experience is a Plus

CarGurus is an online marketplace that connects buyers and sellers of new and used cars, primarily in the United States, with additional operations in Canada, the United Kingdom, and Germany. The platform allows users to search for vehicles, compare prices, and read reviews, utilizing advanced algorithms to rank listings based on price, dealer reputation, and vehicle history. This focus on data transparency helps users find the best deals and sets CarGurus apart from traditional car buying methods. The company generates revenue by charging dealerships a subscription fee to list their inventory, offering advertising services for more prominent listings, and providing value-added services like financing options and vehicle history reports. In a competitive market with players like AutoTrader and Cars.com, CarGurus distinguishes itself through its user-friendly interface and commitment to transparency, aiming to be the go-to platform for car buyers and sellers.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Cambridge, Massachusetts

Founded

2006

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital Deal tool adoption increased 150% among U.S. dealers in 2024.
  • Expansion of Digital Deal to Canada offers significant international growth opportunities.
  • Recent website redesign and app updates enhance user experience and lead generation.

What critics are saying

  • CFO Elisa Palazzo's departure in March 2025 may cause financial management instability.
  • Carvana's strong market presence poses a competitive threat to CarGurus.
  • Economic uncertainty may shift consumer focus to more affordable vehicle segments.

What makes CarGurus unique

  • CarGurus uses proprietary algorithms to rank car listings by price and reputation.
  • The platform offers a unique Digital Deal tool for online car buying processes.
  • CarGurus emphasizes data transparency and user-friendly interfaces in its marketplace.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Company Equity

Hybrid Work Options

Flexible Work Hours

Paid Vacation

Meal Benefits

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Mar 10th, 2025
Tesla Stock Is Still A Sell After Its 40% Plunge, Ubs Warns

Leaning into the bear narrative on Tesla (TSLA). UBS analyst Joseph Spak reiterated his 12-month Sell rating on Tesla shares on Monday, voicing considerable concern on the near-term demand outlook for the Model 3 and Model Y. He slashed his price target on Tesla to $225 from $259. The consensus price target on the Street is $239, according to Yahoo Finance data. The stock tanked 8% to $242 in early trading alongside a broader hit to markets due to tariff concerns. NasdaqGS - Delayed Quote • USD As of 12:28:59 PM EDT

TipRanks
Feb 24th, 2025
CarGurus Announces CFO Departure and Leadership Shift

Elisa Palazzo will step down as CFO of CarGurus on March 7, 2025.

PYMNTS
Feb 21st, 2025
Carvana And Cargurus Leverage Ai To Drive Digital Transformation In Car Sales

Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve the buying process. Both companies reported strong performances in 2024, using digital tools to optimize customer engagement and refine their business models, though each has faced distinct challenges along the way. Carvana’s Strategic Growth Drivers and AI Investment. Carvana recorded a 33% year-over-year increase in retail units sold (416,348) and saw its revenue rise 27%, to $13.67 billion. According to the company’s Q4 shareholder letter, Carvana has three main growth drivers: continuously improving its customer offering; increasing awareness, understanding and trust of the brand; and increasing inventory selection and other benefits of scale

The Manila Times
Jan 8th, 2025
CarGurus to Present at 27th Annual Needham Growth Conference

CarGurus to present at 27th Annual Needham Growth Conference.

Stock Titan
Dec 12th, 2024
CarGurus Examines 2024 Auto Market Influences and Expectations for 2025 Following a Year Defined by Affordability

CarGurus (CARG) has released its 2024 Recap & 2025 Outlook, highlighting that affordability was the key market driver in 2024.

INACTIVE