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Senior Account Executive

About The Company

Join the company reinventing retail loss prevention. Panoptyc leverages cutting-edge AI and a team of expert investigators to detect and deter theft in tens of thousands of locations. Serving Fortune 500 companies and SMBs alike, our fully remote team has grown rapidly and we're looking to expand our team with top talent from around the world.

Role Overview

We're looking for an experienced closer who is comfortable wearing multiple hats in a fast-paced, evolving environment. This role combines traditional Account Executive responsibilities with those typically associated with a Sales Development Representative.

Key Responsibilities

  • Manage the full sales cycle from prospecting to closing deals.

  • Conduct outbound sales activities, including cold calling and lead generation.

  • Develop and maintain a robust pipeline of qualified opportunities.

  • Craft and deliver compelling presentations and proposals to potential clients.

  • Negotiate and close deals to meet or exceed sales targets.

  • Collaborate with cross-functional teams to ensure smooth onboarding of new clients

  • Provide market feedback to internal teams to help shape product development and marketing strategies.

  • Continuously refine sales techniques and adapt to market changes.

Qualifications

  • 5+ years of enterprise SaaS sales

  • Proven track record as a closer in B2B sales.

  • Experience in both Account Executive or Account Management

  • Demonstrated ability to prospect, qualify, and close deals independently.

  • Excellent communication and interpersonal skills.

  • Self-motivated with a high degree of initiative and resourcefulness.

  • Comfortable with a metrics-driven sales approach.

  • Proficiency with CRM systems and sales technology stack.

Ideal Candidate

  • Lives in or is willing to relocate to Charlotte, NC (preferred)

  • Thrives in a startup environment and is comfortable with ambiguity.

  • Aligns with our core values: opinionated, hungry, ownership, analytical, and urgency. 

  • Unafraid of getting hands dirty and making cold calls to drum up business.

  • Adaptable and eager to grow with the company as we expand our sales operations.

Why Join Us

  • Impact: Play a crucial role in shaping the future of digital security and significantly impacting our company’s growth.

  • Innovation: Work with cutting-edge technology and contribute to pioneering solutions in the industry.

  • Culture: Join a supportive, inclusive work environment that values creativity, collaboration, and professional growth.

  • Benefits: Enjoy competitive compensation, comprehensive benefits, and opportunities for career advancement.

Job Details

  • Location: Charlotte, NC OR Remote

  • Compensation: 150-200k OTE

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Average salary estimate

$175000 / YEARLY (est.)
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$150000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Account Executive, Panoptyc

As a Senior Account Executive at Panoptyc, you'll be stepping into an exciting role that combines innovation and sales expertise in the rapidly evolving world of retail loss prevention. Based in Charlotte or remotely, you’ll take the lead in managing the entire sales cycle, from prospecting to closing high-stakes deals. Your mission? To leverage our cutting-edge AI solutions to protect some of the big names in the retail industry. In this dynamic environment, you’ll conduct outbound sales activities, generate leads, and craft compelling presentations that will wow potential clients. With a proven track record in enterprise SaaS sales, you will thrive on the challenge of meeting and exceeding sales targets in a fast-paced, ever-changing landscape. Your natural charisma paired with excellent communication skills ensures that you can effectively close deals and maintain a robust pipeline of opportunities. Not to mention, collaboration is key at Panoptyc. You’ll work alongside cross-functional teams to guarantee smooth onboarding for new clients while also providing market insights to influence product development. If you embody our core values—being opinionated, hungry, resourceful, and analytical—Panoptyc can be your platform for professional growth while making a significant impact in a vital industry. Join us to help redefine the future of digital security for retail!

Frequently Asked Questions (FAQs) for Senior Account Executive Role at Panoptyc
What are the responsibilities of a Senior Account Executive at Panoptyc?

As a Senior Account Executive at Panoptyc, your responsibilities encompass managing the complete sales cycle, including prospecting, closing deals, and maintaining a healthy pipeline. You’ll conduct outbound sales activities such as cold calling, craft compelling proposals, negotiate terms, and collaborate with cross-functional teams to ensure client success. This multifaceted role allows you to use your sales expertise while also contributing to market strategy and product development feedback.

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What qualifications do I need to apply for the Senior Account Executive role at Panoptyc?

To be considered for the Senior Account Executive position at Panoptyc, you should possess at least 5 years of enterprise SaaS sales experience, a strong track record in B2B sales, and excellent communication skills. Familiarity with CRM systems and a metrics-driven approach are essential, as is being self-motivated and adaptable to the dynamic environment of a startup.

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What is the work culture like at Panoptyc for Senior Account Executives?

The work culture at Panoptyc is centered around support, inclusion, and collaboration. As a Senior Account Executive, you would thrive in a creative environment that values innovative ideas and offers ample professional growth opportunities. The company embraces a startup mentality, which means you can expect a fast-paced atmosphere where adaptability and proactivity are highly sought after.

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Can I work remotely as a Senior Account Executive at Panoptyc?

Yes! At Panoptyc, the Senior Account Executive role offers flexibility as it can be performed either from Charlotte, NC, or remotely. This means you have the ability to enjoy a work-life balance while still making a significant impact within the company and shaping the future of digital security.

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What can I expect in terms of compensation as a Senior Account Executive at Panoptyc?

Senior Account Executives at Panoptyc can look forward to a competitive compensation structure, with earnings potential between $150,000 to $200,000 OTE. This remuneration reflects the importance of the role and the impactful work you will be doing to drive company growth.

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What impact will I have as a Senior Account Executive at Panoptyc?

In the role of Senior Account Executive at Panoptyc, you will play a crucial part in shaping the future of digital security in retail. Your efforts in closing deals and building strong client relationships directly contribute to the company’s growth and success, enabling Panoptyc to innovate and deploy effective loss prevention solutions.

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What skills are essential for success as a Senior Account Executive at Panoptyc?

To succeed as a Senior Account Executive at Panoptyc, it is important to have robust sales skills, particularly in prospecting and closing. Effective communication, collaboration, and adaptability are also key, as you will be working in a fast-paced startup environment. Moreover, being data-driven and proficient with sales technology will put you in a strong position to thrive.

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Common Interview Questions for Senior Account Executive
Can you describe your process for handling the full sales cycle?

In handling the full sales cycle, I start by thoroughly researching potential clients to identify opportunities. I then reach out through cold calls and emails, nurturing these leads by understanding their needs. I craft tailored presentations that showcase how our solutions can address their pain points, leading to effective negotiations and successful closures. Staying organized with a CRM tool allows me to track progress and ensure timely follow-ups, ultimately aiming to exceed sales targets.

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How do you develop and maintain a robust sales pipeline?

Maintaining a robust sales pipeline involves a disciplined approach to lead generation. I leverage various channels such as networking, social media, and partnerships to continuously bring in new leads. I prioritize nurturing existing relationships through regular check-ins and updates, ensuring they feel engaged. Analyzing CRM data further helps me identify opportunities and follow up on leads that show interest, making my pipeline consistently strong.

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What strategies do you use to close difficult sales?

To close difficult sales, I focus on building rapport with the client and addressing their unique concerns. I use consultative selling techniques to uncover underlying issues, ensuring my solution is framed as the best fit for their specific situation. Additionally, I highlight case studies and success stories relevant to their industry to build credibility and trust. Patience and persistence are key, as sometimes it requires several conversations to reach a consensus.

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Can you share a success story from your previous sales experiences?

Certainly! In my previous role, I worked with a hesitant client in the retail sector. Initially, they had concerns about the integration of our SaaS solutions with their existing systems. I listened carefully to their worries and facilitated a demo that showcased the simplicity of the integration process. Following that, I maintained regular communication, addressing any further questions they had. Ultimately, we closed a substantial deal, leading not only to revenue growth but also a partnership that led to additional referrals.

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How do you adapt your sales techniques to changing market conditions?

Adapting to changing market conditions requires agility and a willingness to learn. I keep abreast of industry trends and data analytics, attending webinars and networking events to remain informed. When shifts occur, I analyze the implications for my target audience and adjust my messaging accordingly. For instance, during economic downturns, I might emphasize cost-saving features of our solutions to address immediate client needs.

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What role does technology play in your sales approach?

Technology is central to my sales approach. I utilize CRM systems to manage client relationships and track interactions effectively. Additionally, I employ sales automation tools to streamline outreach and follow-ups, thus maximizing efficiency. Data analytics helps me identify trends and understand client behavior, enabling me to tailor pitches based on their preferences.

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How do you approach cold calling potential clients?

My approach to cold calling is centered around research and personalization. Before reaching out, I thoroughly research the target client and their industry. This allows me to craft a meaningful introduction that highlights their challenges and positions my product as a solution. I also practice active listening during calls, ensuring I address their questions and concerns thoughtfully, while demonstrating genuine interest in their business.

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What metrics do you use to measure your sales success?

I rely on key metrics such as conversion rates, sales cycle length, and total revenue generated to measure my sales success. Additionally, I track client retention rates and satisfaction scores to assess the sustainability of my sales approach. Regularly reviewing these metrics allows me to identify areas for improvement and make informed adjustments to my strategies.

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Describe how you work with cross-functional teams.

Working with cross-functional teams requires clear communication and collaboration. I ensure that I share insights from the sales front with product development and marketing teams, helping to shape messaging and features that resonate with clients. Regular meetings foster alignment, and I often involve team members in presentations to clients, showcasing the holistic capability of our offerings.

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How do you stay motivated during challenging sales periods?

During challenging sales periods, I stay motivated by focusing on my goals and reminding myself why I love what I do. I break down larger targets into smaller, achievable milestones, celebrating those victories as I progress. Moreover, I lean on my network for support, bouncing ideas off colleagues or mentors. Engaging in self-care routines helps me maintain a positive mindset, ensuring I am energized to pursue every opportunity.

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Full-time, remote
DATE POSTED
November 26, 2024

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