Strategic Account Executive, Algolia
$296-370k
OTE
Site search and discovery powered by AI
Open for applications
Site search and discovery powered by AI
501-1000 employees
Open for applications
$296-370k
OTE
501-1000 employees
Company mission
Algolia's mission is to change the way people interact with data.
Role
Who you are
- You have a demonstrated ability to drive complex sales with all stakeholders (from both the Business and IT audiences, and Mid-level to Senior Executives) and have consistently exceeded quotas and achieved objectives within a fast paced, high growth sales environment, with the ability to internally sell
- You are both a sales hunter and farmer responsible for researching prospective and existing customers, navigating across the customer’s organization and adapting sales strategies to meet their needs
- 7-10+ years technology consultative sales experience, including 3+ years in Enterprise Sales, selling solutions for SaaS/API/eCommerce companies
- A track record of meeting and exceeding your quota targets
- A successful history of running complex, multi-departmental sales initiatives within large organizations
- Experience managing a finite list of strategic enterprise accounts which include both customers and prospects
- Experience selling to the C-Suite and SVP levels
- Experience building a business case and delivering return on investment
- Master Influencing skills - Excellent written/verbal communication and customer relationship skills
- Preference for candidates with experience at our current stage and beyond (over 10,000 customers, $100-$300M ARR range, high growth, lots of change and building internal infrastructure)
What the job involves
- AS an Algolia Strategic Account Executive, you will be responsible for creating strong relationships with Algolia’s most strategic prospects and customers by solution selling, driving value and realizing ROI across the enterprise
- You will be expected to leverage and prioritize a cross-functional team of Algolia and partner resources to drive desired business outcomes while abiding by operational requirements and processes
- Managing and growing a sales pipeline within your list of Strategic Accounts following our “Land and Expand” Sales Model
- Developing Sales strategies and creating effective and specific account plans to ensure revenue target delivery and balanced growth
- Acting as a Trusted Advisor, seeking to understand the digital experience (including: Search & Discovery challenges of prospects, and establishing positive relationships based on knowledge of customer requirements and dedication to value
- Value of counsel and expertise
- Value of solutions
- Value of implementation expertise
- Customer Acuity - Actively understanding each customer's technology footprint, strategic growth plans, technology strategy, competitive landscape and any available public information such as earnings statements, press releases and industry trends
- Pipeline planning - Following a well-adapted approach to maintaining a rolling 4Q pipeline and keeping pipeline current in Salesforce.com
- Territory and Account Leadership - You’ll be the SME of your Accounts, regularly maintaining required sales reporting, leading all account relationships, prospect profiling, owning the sales cycles, driving Algolia reference-ability
- Business Planning - Developing and delivering comprehensive business plans to address customer's priorities and hurdles
- Utilizing Strategic Value Assessments, Benchmarking, and Return on Investment data to support decision making process
- Pipeline partnerships – Using and collaborating with support organizations including Marketing, Inside Sales, Customer Success, Partners and any other available channels to funnel pipeline into the assigned territory
- Engage closely with the Algolia’s Partner Ecosystem and Sales Engineering team to design solutions virtually and on-site, depending on client size and need
- Advancing and closing sales opportunities - through the successful execution of the implemented sales strategy, roadmap while following internal and external processes
Our take
While in-site searching has been available for some time from web search servers such as Google and Bing, its functionality is limited due to it relying on general web scraping techniques which can miss relevant information. By contrast Algolia indexes only the company's site, allowing its search to serve accurate results extremely swiftly, which helps to drive sales conversions aside from making sites far more usable. The efficacy of this solution can be seen from its customer base of over 10,000 companies including the likes of Slack, Zendesk and Lacoste.
To diversify and increase the product range, Algolia have expanded into other real-time APIs such as product recommendations available for eCommerce websites. With the company performing extremely well over the last few years, Algolia have recruited key senior executives to futher its growth. As the company continues to scale it seems likely that an IPO is not too distant a prospect.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Jul 2021
$150m
SERIES D
Oct 2019
$110m
SERIES C
Total funding: $334m
Company benefits
- Health Insurance
- Mental Health Care
- Accidental Death & Dismemberment Insurance
- Dental Insurance
- Disability Insurance
- Flexible Spending Account (FSA)
- Health Savings Account (HSA)
- Life Insurance
Company HQ
Barron Park, Palo Alto, CA
Leadership
Bernadette Nixon
(CEO, not founder)Was previously CEO of Alfresco. Before that, was CRO at SDL and SVP & GM for OpenText
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