Full-Time

New Business Sales Exec

Posted on 9/17/2024

Dow Jones

Dow Jones

5,001-10,000 employees

Business news and financial data provider

Fintech
Financial Services

Compensation Overview

$75k - $95kAnnually

Mid

New York, NY, USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Cold Calling
Requirements
  • Cold calling, understanding the best times to successfully reach prospects when they are ready to listen
  • Strong results orientation, with the commitment and drive to achieve a new business goal in a demanding and competitive business environment
  • Passionate about closing business, with a can do attitude and ability to work independently when needed
  • Good communication skills (listening, questioning, written and verbal) to ensure the Dow Jones value position is clearly articulated to prospects and a persuasive business case is presented in email and verbal communications
  • Excellent telephone skills; successful candidate will feel comfortable building rapport, developing business relationships and demonstrating products over the telephone
  • High level of business awareness to help build credibility with the prospect, spot potential opportunities within a peer group or industry sector, and express the benefits of Dow Jones in the appropriate business context
  • Strong negotiation and closing skills to build a solid and persuasive business case, overcome objections, use solid supporting information where necessary, and ensure sales opportunities are managed to a successful conclusion
  • A proven successful track record in a new business development role that requires cold calling in to Fortune 1000 companies
  • 3+ years of experience selling subscription based products (business information and research) is a plus.
Responsibilities
  • MEET NEW BUSINESS TARGETS: Produce new streams of Dow Jones revenue through sales of products and services to new to company prospects which address their needs
  • IDENTIFY PROSPECTS: Complete market analysis to identify good potential new to company target organizations, plus the roles and individuals to be prospected
  • PROSPECT: Contact the targets identified. You will need to quickly qualify genuine opportunities and move these to the next stage of the sales process, or quickly move on in cases where no worthwhile opportunity exists
  • ANALYZE OPPORTUNITIES: Understand the business issues affecting targeted industry sectors and specific prospects, then ensure this knowledge is the foundation for our communications with prospects
  • PRODUCT KNOWLEDGE: express the value proposition and benefits of the Dow Jones products and solutions, and use this knowledge to ensure that solutions address clear needs for the prospect
  • FORECAST: Manage Sales Forecast and Pipeline to ensure accurate recording of prospecting activity, conversion success, active sales opportunities at each stage of the sales process and forthcoming new business revenue
  • TRACK ACTIVITY AND SUCCESS: A SUCCESSFUL TRACK RECORD in a new business development role that requires cold calling
  • MANAGE PROSPECT/CLIENT INFORMATION: Keep accurate and clear records within the global CRM system to provide a solid deal history, showing the steps taken to reach closure on new business deals

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. Dow Jones also focuses on risk and compliance solutions, assisting businesses in managing issues like anti-money laundering and economic sanctions. Unlike many competitors, Dow Jones operates on a subscription-based model, along with data licensing and advertising revenue, allowing it to leverage its extensive media and data resources to support informed decision-making for its clients.

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 Dow Jones' subscription services.
  • AI-driven journalism tools offer innovation opportunities for Dow Jones.
  • Growing ESG data importance allows Dow Jones to expand data intelligence offerings.

What critics are saying

  • Competition from digital-native platforms like Bloomberg threatens Dow Jones' market share.
  • AI-generated content may reduce the value of traditional journalism.
  • Subscription fatigue could lead to a decline in new subscriptions for Dow Jones.

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 its global reach.

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