At a Glance
- Tasks: Drive business growth by identifying and acquiring new clients in the EMEA markets.
- Company: Join The Economist Group, a leader in providing actionable intelligence globally.
- Benefits: Enjoy competitive pay, generous leave policies, and access to all Economist content.
- Why this job: Be part of a dynamic team that empowers leaders with critical insights.
- Qualifications: Proven sales experience and a passion for business intelligence are essential.
- Other info: Embrace a culture of innovation, integrity, and inclusivity while advancing your career.
The predicted salary is between 36000 - 60000 Β£ per year.
We are an organisation that exists to drive progress. Thatβs the "red thread" that connects everyone at The Economist Group (TEG). Our businesses share a devotion to innovation, independence and rigour in their fields of expertise. We empower people to understand and tackle the critical challenges and changes facing the world. Our analytical rigour, global expertise and evidence-based insights enable individuals and organisations to make sense of these shifts and chart a course through them.
We deliver analysis and insights in many formats to subscribers and clients in 170 countries through our four businesses, The Economist, Economist Impact, Economist Intelligence and Economist Education, which uphold our global reputation for excellence and integrity. As the research and analysis division of the Economist Group, The Economist Intelligence Unit (EIU) helps leaders prepare for opportunity, empowering them to act with confidence when making strategic decisions. The EIU is the global standard in providing high quality, actionable intelligence to the public and private sector, assessing issues that impact the businesses in more than two hundred countries.
We are seeking ambitious sales 'game changers' to help us grow our footprint and client base across the EMEA markets. You will be a current top performer, ready to take the next step in your career and join a global leader in its field, representing a truly unique brand. You will join us ready to unleash your impressive set of commercial skills to achieve business and personal success. You will have a deeply inquisitive mind, a well-honed consultative approach to selling and an unquenchable thirst for success to sell our portfolio of macro-economic and political solutions to financial services, corporate, government, professional services and consulting sectors.
You will be a highly driven, self-starting and accomplished business development manager with excellent presentation skills, strong consultative sales ability and an excellent understanding of B2B subscription businesses. Your natural instinct to 'hunt' will be key to success in this role. We are looking for individuals who thrive in relentlessly pursuing sales success in a competitive and high profile environment.
In return we will offer you a variable compensation package which will truly reward you for the success you can achieve for our business.
How you will contribute:
- Qualify strategic selling opportunities and target markets/clients
- Develop and maintain a strong pipeline by proactively driving activity via self-generated opportunities as well as by following up on marketing leads
- Personally develop, own and execute an ambitious new client acquisition plan in your territory
- Develop, manage and constantly improve on your personal lead generation through proactive networking via digital and face-to-face channels and events
- Take ownership of your territory as if it was your own business by constantly improving on activity and conversion
- Manage the entire sales cycle from prospecting through to closing opportunities
- Prepare regular sales reports including activity, pipeline, sales invoiced as well as monthly, quarterly and annual forecasts
The ideal skills for this are:
- Experience in selling business intelligence to senior executives within either financial services, corporations, governments or academics
- Proven track record in generating new business, consistently beating target and performing in the top quartile of a team
- Be a true new business hunter that thrives on winning
- Exceptional networking skills β able to penetrate target organizations to drive the right engagement to win business
- A confident communicator with gravitas, able to sell consultatively and tailor converting solutions for prospects
- Proficient in relevant software/applications such as Excel, PowerPoint, CRM (preferably Salesforce), Sales Navigator, etc.
- Educated to degree level with excellent command of English β second languages a strong plus
What we offer:
We offer excellent benefits including an incentive programme, generous annual and parental leave policies, volunteering days and well-being support throughout the year, as well as free access to all Economist content. Country specific benefits are also offered.
Our Values:
Our values are a collective set of beliefs and behaviours that strengthen The Economist Group's purpose and demonstrate where we want to be as an organisation. They reflect on our mission to pursue progress for individuals, organisations and the world.
- Independence: We are not bound to any party or interest and encourage exploration and free-thinking. We champion freedom, both within our organisation and around the world.
- Integrity: We are bold in our efforts to uncover the truth and stand up for what we believe in. We inspire trust through our rigour, fact-checking and transparency.
- Excellence: We aspire to the highest standards in all we do. We are ambitious and inquisitive in our pursuit of continuous progress and innovation.
- Inclusivity: We value diversity in thought and background and encourage healthy debate with a breadth of perspectives. We treat our colleagues and customers fairly and respectfully.
- Openness: We foster a collaborative and empathetic culture conducive to the interests, wit and initiative of our colleagues. New ideas are our lifeblood.
The Economist Group values diversity. We are committed to equal opportunities and creating an inclusive environment for all our colleagues and potential colleagues regardless of ethnic origin, national origin, gender, gender identity, race, colour, religious beliefs, disability, sexual orientation, age, marital status or any other status.
Business Development Manager - Business Intelligence Subscriptions London - Commercial employer: Economist Group
Contact Detail:
Economist Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Business Development Manager - Business Intelligence Subscriptions London - Commercial
β¨Tip Number 1
Network like a pro! Get out there and connect with industry folks, attend events, and join relevant online groups. The more people you know, the better your chances of landing that Business Development Manager role.
β¨Tip Number 2
Show off your skills! Prepare a killer presentation that highlights your achievements and how you can drive success for The Economist Group. Tailor it to their needs and make sure to showcase your consultative selling approach.
β¨Tip Number 3
Follow up! After meeting someone or having an interview, drop them a quick message to thank them and reiterate your interest. It shows you're keen and keeps you on their radar.
β¨Tip Number 4
Apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, it shows youβre genuinely interested in being part of our team at The Economist Group.
We think you need these skills to ace Business Development Manager - Business Intelligence Subscriptions London - Commercial
Some tips for your application π«‘
Tailor Your CV: Make sure your CV speaks directly to the role of Business Development Manager. Highlight your experience in B2B subscriptions and any relevant sales achievements that showcase your consultative selling skills.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for this role. Mention specific examples of how you've driven new business and your passion for the industry.
Showcase Your Networking Skills: In your application, donβt forget to mention your networking prowess. We want to see how youβve successfully engaged with senior executives and penetrated target organisations in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. Itβs the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Economist Group
β¨Know Your Stuff
Before the interview, dive deep into The Economist Group's mission and values. Understand their approach to business intelligence and how they empower clients. This knowledge will help you connect your experience with their goals and show that you're genuinely interested in the role.
β¨Showcase Your Sales Savvy
Prepare specific examples of your past successes in business development, especially in B2B subscription sales. Highlight your consultative selling approach and how you've effectively engaged senior executives. Use metrics to demonstrate your achievementsβnumbers speak volumes!
β¨Be a Hunter, Not a Gatherer
Emphasise your proactive nature during the interview. Discuss how you've successfully generated leads and built pipelines in previous roles. Share strategies you've used to penetrate target organisations and convert prospects into clients, showcasing your 'hunter' mentality.
β¨Ask Insightful Questions
Prepare thoughtful questions that reflect your understanding of the industry and the company's challenges. Inquire about their current strategies for client acquisition or how they measure success in the Business Intelligence sector. This shows your analytical mindset and genuine interest in contributing to their success.