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Full-Time

Business Development Manager

Tampa, FL, Field-Based, Remote

Posted on 7/10/2024

TrueCar

TrueCar

201-500 employees

Online platform for transparent car buying

Automotive & Transportation
Enterprise Software
Fintech
Design

Compensation Overview

$116.3k - $178.3kAnnually

+ Equity + 401k with Company Contribution + Wellness Stipend Program + Learning & Development Reimbursement Program

Mid, Senior

Tampa, FL, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Communications
Salesforce
Requirements
  • Proven success in retail sales in an automotive dealership environment
  • Experience in digital media advertising
  • Excellent communication and presentation skills
  • Proven ability to identify, initiate, negotiate, and close deals
  • Proven track record of consistently meeting and/or exceeding sales goals
  • Experience with Salesforce or other Customer Relationship Management tool utilization
  • Experience interfacing with client contacts at various levels
  • Strong sales skills with ability to create tangible interest for new ideas and product opportunities with clients
  • Ability to travel domestically by airplane or car including overnight trips up to 75% of the time
Responsibilities
  • Identify, develop, manage, and close new business opportunities at assigned and new accounts
  • Establish and maintain strong relationships with dealer senior leaders and decision-makers
  • Meet or exceed sales goals within an assigned book of business
  • Prepare and present proposals and negotiate terms and conditions with dealers
  • Support in dealer escalations with all involved functional areas
  • Serve as liaison between the dealer and TrueCar
  • Support in the management of account receivables for assigned accounts
  • Develop trusting relationships and open communication
  • Serve as a change agent, leading change and acting as a catalyst for continuous improvement

TrueCar is an online platform that streamlines the car-buying process by offering a clear and efficient marketplace for both new and used vehicles. It serves individual consumers looking to buy or lease cars and connects them with car dealerships. Users can compare prices, view vehicle specifications, and access exclusive deals without the usual haggling. TrueCar partners with certified dealers who list their inventory, allowing consumers to see upfront pricing. The company generates revenue through subscription fees from dealers, commissions on car sales, and advertising services for automotive manufacturers. Recently, TrueCar introduced a pre-qualification feature for financing, enhancing the shopping experience. The goal of TrueCar is to make car buying more transparent and less stressful by providing clear pricing and connecting consumers with trustworthy dealers.

Company Stage

Seed

Total Funding

$363.9M

Headquarters

Santa Monica, California

Founded

2005

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-7%

2 year growth

-16%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of TrueCar+ and the expansion of partnerships, such as with Car and Driver, indicate strong growth and innovation potential.
  • TrueCar's Marketing Solutions suite helps dealers engage new customers and maximize their lifetime value, which can lead to increased dealer satisfaction and retention.
  • The company's commitment to social initiatives, like DrivenToDrive, enhances its brand reputation and appeal to socially conscious consumers.

What critics are saying

  • Workforce reductions and leadership changes, such as the appointment of a new CEO, may lead to internal instability and affect company morale.
  • The competitive nature of the online car-buying market requires continuous innovation to maintain market share against rivals like Carvana and Vroom.

What makes TrueCar unique

  • TrueCar's platform offers transparent pricing and a haggle-free car buying experience, setting it apart from traditional dealerships.
  • The integration of pre-qualification financing through Capital One enhances the user experience by simplifying the financial aspect of car buying.
  • TrueCar's partnerships with certified dealers and automotive manufacturers provide exclusive deals and targeted advertising opportunities, which are unique advantages in the market.
INACTIVE