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SMB Account Executive - job 1 of 2

Biotechnology is rewriting life as we know it, from the medicines we take, to the crops we grow, the materials we wear, and the household goods that we rely on every day. But moving at the new speed of science requires better technology.

Benchling’s mission is to unlock the power of biotechnology. The world’s most innovative biotech companies use Benchling’s R&D Cloud to power the development of breakthrough products and accelerate time to milestone and market. 

Come help us bring modern software to modern science.

ROLE OVERVIEW

We are seeking a motivated and results-driven SMB Account Executive to join our team. In this role, you will be responsible for driving new business within your territory, focusing on building and maintaining strong relationships with key stakeholders across various personas within small and medium-sized accounts. You will play a crucial role in expanding our customer base and ensuring successful sales outcomes through effective pipeline generation and accurate sales forecasting.

RESPONSIBILITIES

  • Pipeline Generation:  Enthusiastically creating and driving your own pipeline by identifying new business opportunities and engaging multiple personas from scientists to C-suite. Utilize various strategies and tools to generate leads and move them through the sales cycle.
  • Sales Forecasting: Develop and maintain accurate sales forecasts (+/- 10 of goal), leveraging data to inform decision-making and ensure predictable revenue outcomes with the goal of consistent attainment of revenue targets.
  • Solution Selling: Effectively communicate the value of our platform, tailoring presentations and proposals to meet the specific needs of each prospect.
  • Negotiation and Closing: Lead negotiations with potential clients, by thoughtfully addressing key stakeholders including multiple personas and CxO in the buyer journey, while navigating organizational complexities, addressing objections and securing new business agreements.
  • Account Engagement: Work across multiple personas within an account to understand their unique needs and align Benchling’s solutions with their business objectives.
  • Collaboration: Partner with internal teams (marketing, product, customer success, etc) and Channel to ensure a seamless experience for clients and drive long-term customer satisfaction.
  • Continuous Learning: Stay informed about industry trends, competitors, and emerging technologies to maintain a competitive edge in the market.
  • Process: Drive the sales process through Pipeline Generation (PG), 3 Why’s, Champion Building, MEDDIC, Command of the Message, etc.  Maintain account integrity and opportunity data within company systems; Salesforce.

QUALIFICATIONS

You are drawn to our mission and you want to help Benchling win new business. You are committed to working in a collaborative environment, working together as a team. You have a love for working in a fast-paced environment and taking the initiative to get stuff done and try new things. You are passionate about powering new possibilities in biotech faster. 

  • Bachelor’s degree - life sciences major is preferred.
  • 2-3 years of experience as a Sales Development Representative or 1-2 years of experience as an Account Executive. Experience demoing software a plus. 
  • Knowledge of the life sciences industry, including: R&D, and/or IT functions is preferred.
  • Demonstrated ability to drive pipeline generation and manage complex sales cycles.
  • Strong sales forecasting skills with a track record of meeting or exceeding targets.
  • Demonstrated success in selling products or solutions that typically fall outside of pre-established budgets, with a proven ability to build a compelling business case and influence purchasing decisions.
  • Experience working with diverse personas within an account (from technical decision makers, business decision makers & CxO execs), with the ability to influence decision-making at all the levels.
  • Dynamic communication, negotiation, and interpersonal skills.
  • Self-motivated, with a strong drive to achieve and exceed goals.
  • Ability to work independently as well as collaboratively in a team environment.
  • Familiarity with MEDDIC sales methodology is a plus but not required.

SALARY RANGE

Benchling takes a market-based approach to pay.  The candidate's starting pay will be determined based on job-related skills, experience, qualifications, interview performance, and work location. For this role the base salary range is $75,000 - $105,300. However, because this role is eligible to participate in Benchling's commission plan, it is common for employees in this role to receive total on-target earnings of $150,000 - $210,600. 

Total Compensation includes the following:

  • Competitive salary and equity
  • Broad range of medical, dental, and vision plans for employees and their dependents
  • Fertility healthcare and family-forming benefits
  • Four months of fully paid parental leave
  • 401(k) + Employer Match
  • Commuter benefits for in-office employees and a generous home office set up stipend for remote employees
  • Mental health benefits, including therapy and coaching, for employees and their dependents
  • Monthly Wellness stipend
  • Learning and development stipend
  • Generous and flexible vacation
  • Company-wide Summer & Winter holiday shutdown
  • Sabbaticals for 5-year and 10-year anniversaries

#LI-Hybrid 

#BI-Hybrid

 

#KW-1

Benchling welcomes everyone. 

We believe diversity enriches our team so we hire people with a wide range of identities, backgrounds, and experiences. 

We are an equal opportunity employer. That means we don’t discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We also consider for employment qualified applicants with arrest and conviction records, consistent with applicable federal, state and local law, including but not limited to the San Francisco Fair Chance Ordinance.

 

Please be aware that Benchling will never request personal information, payment, or sensitive details outside of Greenhouse or via email. All official communications will come from an @benchling.com email address or from an approved vendor alias. If you are contacted by someone claiming to represent Benchling and are unsure of their legitimacy, please reach out to us at recruiting-fraud-alert@benchling.com to verify the communication.

 

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What You Should Know About SMB Account Executive , Benchling

Join Benchling as an SMB Account Executive in the vibrant city of San Francisco, CA, and be a part of an exciting journey that’s reshaping the biotechnology landscape! At Benchling, we are at the forefront of unlocking the potential of biotech by providing innovative R&D solutions that propel the development of life-changing products. As a motivated SMB Account Executive, you will dive into a dynamic role focused on driving new business within small and medium-sized accounts. Your mission will be to build and nurture relationships with key stakeholders, understanding their unique needs and presenting tailored solutions. You will generate your own pipeline, engage with different personas—from scientists to executive leaders—and navigate through the intricate sales cycle. With your ability to forecast sales accurately and negotiate passionately, you will significantly contribute to our growth. You will collaborate seamlessly with marketing, product, and customer success teams to enhance client experiences. Plus, we believe in continuous learning, so you’ll stay ahead by keeping an eye on industry trends and emerging technologies. At Benchling, we embrace diversity and are committed to fostering a collaborative environment where everyone can thrive. If you’re ready to make an impact and power the next generation of biotech, then let’s connect!

Frequently Asked Questions (FAQs) for SMB Account Executive Role at Benchling
What responsibilities does the SMB Account Executive have at Benchling?

As an SMB Account Executive at Benchling, your main responsibilities will include pipeline generation, sales forecasting, solution selling, and account engagement. You'll actively create and drive your own pipeline, engage with various stakeholders, communicate the value of Benchling's platform, and lead negotiations to close deals effectively. Your role is pivotal in expanding our customer base and enhancing sales outcomes.

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What qualifications are needed for an SMB Account Executive at Benchling?

To become an SMB Account Executive at Benchling, a bachelor's degree is preferred—with a life sciences focus being a plus. You should have 2-3 years of experience as a Sales Development Representative or around 1-2 years as an Account Executive. Knowledge of life sciences, strong sales forecasting skills, and dynamic communication abilities are essential for success in this role.

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What is the salary range for the SMB Account Executive position at Benchling?

The salary range for the SMB Account Executive at Benchling is between $75,000 - $105,300. Additionally, because this position is eligible for the commission plan, on-target total earnings can reach between $150,000 to $210,600, depending on performance and experience.

Join Rise to see the full answer
How does Benchling support work-life balance for SMB Account Executives?

Benchling supports work-life balance by offering flexible vacation options, mental health benefits, and a generous 401(k) plan with employer match. Furthermore, employees enjoy company-wide shutdowns during summer and winter holidays, ensuring time to recharge and enjoy personal pursuits.

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What does teamwork look like for an SMB Account Executive at Benchling?

At Benchling, teamwork is very much valued. As an SMB Account Executive, you'll collaborate with marketing, customer success, and product teams to ensure a seamless experience for clients. Sharing insights and strategies is encouraged, making use of everyone's strengths to drive growth and long-term customer satisfaction.

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What training opportunities exist for SMB Account Executives at Benchling?

Benchling offers various training and professional development opportunities to its SMB Account Executives. This includes stipends for learning and development, continuous learning about industry trends, and access to resources that enhance both personal and professional growth, ensuring you stay competitive in the market.

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What is Benchling's commitment to diversity and inclusion?

Benchling is dedicated to diversity and inclusion, believing it enriches the team. We actively hire individuals from diverse backgrounds and experiences, and we stand by equal opportunity employment policies. The company thrives on a culture that values and respects all forms of diversity, creating a supportive environment for everyone.

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Common Interview Questions for SMB Account Executive
What strategies do you use for pipeline generation in a sales role?

In answering this question, highlight your experience with various lead generation techniques, such as networking, social media outreach, and targeted campaigns. Describe how you identify and engage potential clients, and share specific tools you use to track and optimize your pipeline effectively.

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How do you approach sales forecasting?

Explain your process for maintaining accurate sales forecasts. Include your methods for data analysis and how you adapt your forecasts based on new information or changing market conditions. Mention tools or software you utilize, such as Salesforce, to enhance your forecasting accuracy.

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Can you describe a successful negotiation you’ve led?

Outline your approach to negotiation by presenting a specific example where you navigated organizational complexities to secure a deal. Highlight your ability to understand different stakeholders' perspectives and how you aligned Benchling’s solutions to meet their specific needs.

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How have you tailored your presentations to meet client needs?

Provide an example of how you've customized a presentation or proposal for a specific client. Discuss how you conducted research on the client’s business objectives and aligned your solutions with their priorities, illustrating your understanding of their challenges and demonstrating the value of your offerings.

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What experience do you have with the life sciences industry?

Describe your background in the life sciences field, whether through previous job roles, education, or personal interest. Focus on your familiarity with relevant trends and technologies, and how this knowledge enhances your ability to engage effectively with clients in the biotech sector.

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How do you maintain relationships with multiple personas within an account?

Discuss your techniques for building strong relationships with diverse stakeholders. Provide examples of how you've previously engaged with technical and business decision-makers, showcasing your skills in adapting your communication style to foster collaboration and trust among various personas.

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What are your top methods for generating interest in your product?

Share strategies that have been effective for you, such as leveraging case studies, engaging prospects through webinars, or utilizing social media to showcase customer success stories. Discuss how you ensure your messaging resonates with different audiences within your target market.

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How do you stay informed about industry trends?

Emphasize the habits and platforms you use to stay updated, such as subscribing to industry newsletters, following key thought leaders on social media, or participating in relevant forums. Explain how this knowledge contributes to your sales approach and helps you maintain a competitive edge.

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Describe a time you overcame a significant sales challenge.

Narrate a specific experience where you faced a challenging situation in your sales process. Explain the steps you took to address the challenge, the outcome, and what you learned from that experience, highlighting your resilience and problem-solving abilities.

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What does success look like for you in an account executive role?

Articulate your vision of success, which might include exceeding sales targets, developing deep client relationships, and contributing to team growth. Discuss how you measure success not just in numbers, but also in the impact you have on customer satisfaction and long-term company goals.

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Benchling is a cloud-based platform for biotechnology research and development and the only biology-first platform for scientific data, collaboration, and insights.

28 jobs
MATCH
VIEW MATCH
BADGES
Badge ChangemakerBadge Family FriendlyBadge Future MakerBadge Work&Life Balance
CULTURE VALUES
Inclusive & Diverse
Mission Driven
Diversity of Opinions
Growth & Learning
Collaboration over Competition
BENEFITS & PERKS
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Family Medical Leave
Paid Holidays
Medical Insurance
Mental Health Resources
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$75,000/yr - $105,300/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 24, 2024

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