Renewal Manager, Hospitality Cloud
Renewal Manager, Hospitality Cloud

Renewal Manager, Hospitality Cloud

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage client renewals and drive customer loyalty in the Hospitality Cloud division.
  • Company: Cvent is a leading tech provider for meetings, events, and hospitality with a vibrant culture.
  • Benefits: Enjoy a dynamic work environment that encourages innovation and offers growth opportunities.
  • Why this job: Join a team that values diverse perspectives and fosters a culture of agility and intrapreneurship.
  • Qualifications: Bachelor’s degree and 3+ years in a customer-facing, B2B role; SaaS experience is a plus.
  • Other info: This role focuses on relationship management and consultative selling in the hospitality sector.

The predicted salary is between 36000 - 60000 £ per year.

Cvent is a leading meetings, events and hospitality technology provider with more than 4,800 employees and nearly 22,000 customers worldwide. Founded in 1999, the company delivers a comprehensive event marketing and management platform for event professionals and offers software solutions to hotels, special event venues and destinations to help them grow their group/MICE and corporate travel business. The DNA of Cvent is our people, and our culture has an emphasis on fostering intrapreneurship --a system that encourages Cventers to think and act like individual entrepreneurs and empowers them to take action, embrace risk, and make decisions as if they had founded the company themselves. We foster an environment that promotes agility, which means we don’t have the luxury to wait for perfection. At Cvent, we value the diverse perspectives that each individual brings. Whether working with a team of colleagues or with clients, we ensure that we foster a culture that celebrates differences and builds on shared connections.

In This Role, You Will:

  • Manage client renewals with our Hospitality Cloud division.
  • Drive retention and customer loyalty, grow current client revenues, and help foster customer relationships.
  • Negotiate and close renewals as well as find additional opportunities for Cvent to engage within these clients when applicable.
  • Demonstrate solution-selling skills and effectively manage internal relationships with the Sales and Client Services departments.
  • Work with Account Managers to maintain and expand Cvent customer footprint.
  • Focus on closing contract renewals among Cvent’s streamlined customers.
  • Present products and services information to all accounts.
  • Build rapport with customers via phone conversations.
  • Set aggressive goals for annual revenue achievement against each account.
  • Accurately forecast sales opportunities via pipeline report.
  • Monitor and report renewal activity within Salesforce.com.
  • Handle customer renewals to prevent contractual gaps.
  • Escalate customer questions and issues to the appropriate support teams and oversee the project through to conclusion.
  • Ensure customer issues are acknowledged and resolved within 24 hours.

Here's What You Need:

  • Bachelor’s degree is required (strong academic performance is desired).
  • At least 3+ years of experience in a customer-facing, B2B, revenue-generating role (more is welcomed).
  • Experience selling or managing accounts in SaaS/technology/hospitality space a plus.
  • History of exceeding sales goals is highly desired.
  • Proven ability to integrate knowledge across disciplines to include relationship management, consultative selling, product demonstrations, closing contracts, operation/process flow, and product function.
  • This is not a technical position; but relevant experience might include selling digital marketing solutions, hospitality software, and travel and meeting planning services.
  • Experience working in the Event Management industry a plus.
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Contact Detail:

Cvent, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Renewal Manager, Hospitality Cloud

✨Tip Number 1

Familiarise yourself with Cvent's products and services, especially those related to the Hospitality Cloud. Understanding the nuances of their Supplier & Venue Solutions portfolio will help you engage more effectively during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of Cvent on platforms like LinkedIn. This can provide you with insider insights about the company culture and expectations for the Renewal Manager role, which can be invaluable during your discussions.

✨Tip Number 3

Prepare to discuss your experience in managing client relationships and driving customer loyalty. Be ready to share specific examples of how you've successfully negotiated renewals or upsold services in previous roles, as this will showcase your relevant skills.

✨Tip Number 4

Demonstrate your understanding of the event management industry and its challenges. Being able to speak knowledgeably about trends and issues in the sector will set you apart and show that you're not just looking for any job, but are genuinely interested in contributing to Cvent's success.

We think you need these skills to ace Renewal Manager, Hospitality Cloud

Customer Relationship Management
Solution Selling
Negotiation Skills
Sales Forecasting
Account Management
Revenue Growth Strategies
Communication Skills
Problem-Solving Skills
Agility in Decision Making
Experience with Salesforce.com
Understanding of SaaS and Technology Solutions
Event Management Knowledge
Consultative Selling
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in customer-facing roles, particularly in B2B and revenue-generating positions. Emphasise any experience you have in the SaaS or hospitality sectors, as well as your history of exceeding sales goals.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Renewal Manager position at Cvent. Discuss how your skills in relationship management and consultative selling align with their needs, and provide specific examples of how you've successfully managed client renewals in the past.

Showcase Your Solution-Selling Skills: Highlight your solution-selling skills in both your CV and cover letter. Provide examples of how you've effectively identified customer needs and presented tailored solutions that led to successful contract renewals.

Research Cvent's Culture: Familiarise yourself with Cvent's emphasis on intrapreneurship and agility. In your application, mention how you embody these values and how you can contribute to fostering a culture that celebrates diverse perspectives and builds strong customer relationships.

How to prepare for a job interview at Cvent, Inc.

✨Understand Cvent's Culture

Before your interview, take some time to research Cvent's emphasis on intrapreneurship and agility. Be prepared to discuss how you can embody these values in your role as a Renewal Manager, showcasing your ability to think independently and act decisively.

✨Demonstrate Solution-Selling Skills

Since the role requires solution-selling skills, come equipped with examples from your past experiences where you've successfully identified client needs and provided tailored solutions. This will show your potential employer that you can effectively manage renewals and foster customer relationships.

✨Prepare for Relationship Management Questions

Expect questions about how you've built and maintained relationships with clients in previous roles. Have specific examples ready that highlight your ability to engage with customers, resolve issues quickly, and ensure their satisfaction, as this is crucial for the Renewal Manager position.

✨Know Your Numbers

Be ready to discuss your past sales achievements and how you've exceeded goals in previous positions. Familiarise yourself with metrics related to customer retention and revenue growth, as this will demonstrate your capability to drive results in the role.

Renewal Manager, Hospitality Cloud
Cvent, Inc.
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