Full-Time

Head of Sales & Business Development

Confirmed live in the last 24 hours

ThredUp

ThredUp

501-1,000 employees

Online consignment for secondhand clothing

Consumer Goods

Compensation Overview

$200k - $260kAnnually

Senior, Expert

No H1B Sponsorship

Oakland, CA, USA

Hybrid work environment: 3 days in the office and 1 day remote each week.

Category
Business Development
Business & Strategy
Requirements
  • Bachelor’s degree in relevant field
  • 7+ years of relevant work experience, including entrepreneurship, strategy consulting, private equity, or corporate development experience in a high-growth organization (bonus points for experience at an e-commerce marketplace)
  • Ability to weigh competing priorities, manage trade offs, and evaluate opportunistic new ideas, influencing at every level of the organization, driving to consensus while maintaining a clear focus on overarching business priorities
  • Strong understanding of market dynamics, competitive landscape, and industry trends
  • Exceptional negotiation, writing, communication, and presentation skills
  • Strategic thinker with excellent problem-solving and decision-making abilities
Responsibilities
  • Manage Critical Business Lines: RaaS and Dropshipping are two of our most important B2B business lines, with tremendous room for growth and impact on our overall business.
  • Acquire New Clients: Lead efforts to attract and acquire new clients in our RaaS and Dropshipping businesses, ensuring a steady pipeline of business opportunities.
  • Plan Strategically: Develop and implement comprehensive business development strategies that align with ThredUp's overall goals and objectives.
  • Develop Partnerships: Identify, negotiate, and establish strategic partnerships and alliances that enhance the company’s market position and drive revenue growth.
  • Generate Revenue: Drive revenue growth through the identification and pursuit of new business opportunities, including new markets, products, and services.
  • Team Leadership: Build, mentor, and lead a team, fostering a culture of innovation, collaboration, and excellence.
  • Stakeholder Engagement: Collaborate with internal and external stakeholders, including senior management, to align business development initiatives with the company’s strategic objectives.
  • Performance Metrics: Establish and monitor key performance indicators (KPIs) to measure the effectiveness of business development activities and adjust strategies as needed.
  • Reporting: Provide regular updates to the executive team on progress, challenges, and opportunities in business development and strategic partnerships.

thredUP operates an online platform for buying and selling secondhand clothing, shoes, and accessories. Users can sell their gently used items by sending them to thredUP, where the company inspects, photographs, and lists them for sale. Buyers can find a variety of products, including high-end brands, often at significant discounts. thredUP generates revenue by taking a commission on each sale and offers a "Clean Out" service that allows sellers to send in items for free, simplifying the process of decluttering. Unlike many competitors, thredUP emphasizes sustainability and affordability, appealing to eco-conscious shoppers. The company's goal is to make secondhand shopping convenient and accessible, promoting a more sustainable fashion industry.

Company Stage

IPO

Total Funding

$226.5M

Headquarters

San Francisco, California

Founded

2009

Growth & Insights
Headcount

6 month growth

2%

1 year growth

0%

2 year growth

12%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing U.S. secondhand market projected to reach $70 billion by 2027.
  • Appointment of Danielle Vermeer to lead social commerce could boost engagement.
  • Divestiture of Remix allows ThredUp to concentrate on the expanding U.S. market.

What critics are saying

  • Increased competition from startups like Fleek threatens ThredUp's market share.
  • Divestiture of Remix may limit ThredUp's growth in the European market.
  • Reliance on AI tools could backfire if they fail to meet consumer expectations.

What makes ThredUp unique

  • ThredUp leverages AI tools like visual search to enhance customer shopping experience.
  • The platform offers a 'Clean Out' service, simplifying the selling process for users.
  • ThredUp's focus on premium brands at discounted prices attracts a diverse customer base.

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