Business Development Account Manager
Business Development Account Manager

Business Development Account Manager

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
Euromonitor

At a Glance

  • Tasks: Manage and expand relationships with clients, focusing on contract renewals and revenue growth.
  • Company: Euromonitor International is a global leader in data analytics and market research.
  • Benefits: Enjoy flexible working hours, competitive salaries, and generous holiday allowances.
  • Why this job: Join a collaborative culture that values your ideas and promotes professional development.
  • Qualifications: Goal-oriented, excellent communication skills, and a willingness to learn are essential.
  • Other info: Opportunities for community involvement and extensive training available.

The predicted salary is between 28800 - 48000 £ per year.

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

About Euromonitor: Euromonitor International leads the world in data analytics and research into markets, industries, economies and consumers. We provide truly global insight and data on thousands of products and services; we are the first destination for organisations seeking growth. With our guidance, our clients can make bold, strategic decisions with confidence.

About the role: We are seeking a solution-oriented Business Development Account Manager to work with our professional and financial services clients (consulting firms, investment banks, private equity, agencies, etc.). You will represent Euromonitor in managing and expanding relationships with our existing client base across Western Europe, building credibility and promoting confidence in our products and services. Working from a named list of existing clients, your goal is to grow the value of our partnerships by embedding our data and analysis with both new and current users. The focus of the role is to renew and grow existing contracts within your assigned accounts-aiming to increase multi-year agreements and drive revenue growth across Euromonitor's service offerings.

Success is achieved through:

  • Renewing existing contracts across a defined list of ABC (agencies, banks, and consultancies) clients, targeting increased multi-year agreements
  • Securing year-on-year revenue growth in line with targets, working across multiple areas of the company
  • Driving global account strategies and collaborating with peers in other regions to create large scale global upsell opportunities
  • Maintaining a minimum of 95% renewal retention
  • Supporting and growing revenues from a set number of accounts where renewals originate outside our regions, but where local engagement is crucial for retention and upselling

Responsibilities:

  • Understand client organisation, strategy, and priorities, to uncover new target groups and identify upsell opportunities
  • Secure contract renewals and grow revenue within each assigned account
  • Conduct proactive, relevant client outreach to engage new and existing contacts with Euromonitor content with the goal of identifying and developing new leads
  • Onboard new users either face-to-face or via online demos
  • Collaborate with Senior Specialist Products team to leverage internal expertise and maximise value for clients
  • Work with Marketing team to ensure campaigns are tailored and targeted
  • Provide expert research support to all clients, through detailed understanding of Euromonitor's product portfolio and research methodology.
  • Implement high level engagements across accounts, partnering with the Client Service team to elevate our Research Expertise and enhance client retention
  • Build strong relationships and deepen networks within client organisations with consistent and proactive engagement with end users and decision makers

What you'll need:

  • Excellence in current role, goal oriented and consistently meeting KPIs and target
  • Hungry to learn and develop consultative selling techniques
  • Comfortable interacting with people within various levels and functions
  • Highly organised with excellent time management, managing numerous contacts including scheduling, follow up, and establishing frequent points of interaction
  • Strong communication, negotiation, numeracy and diplomacy skills
  • Ability to use Salesforce effectively
  • Target oriented - ability to meet monthly and annual sales targets.
  • Ability & willingness to effectively collaborate with internal colleagues
  • Intellectual curiosity
  • Willingness to travel
  • Ideally additional European languages
  • Ideally experience in market research and/or consumer-related and/or financial service and professional services sales

What you'll get for your hard work:

  • Professional Development: Grow your career with opportunities within a consultative and professional environment
  • Positive Work Environment: Join a collaborative and inclusive workplace culture where your ideas are valued, diversity is celebrated, and teamwork is encouraged
  • Community Involvement: Make a positive impact in the community through our volunteer programs, charitable initiatives, and corporate social responsibility efforts

The TA team will be on hand throughout the entire process to provide support and champion you. Please let us know if you require any reasonable adjustments made throughout the process.

Why work for Euromonitor?

  • Our Values: We seek individuals who act with integrity
  • We look for candidates who are curious about the world
  • We feel that as a community, we're stronger together
  • We seek to enable people to feel empowered
  • We welcome candidates who bring strength in diversity
  • International: not only do we have a very multinational workforce in each office but we communicate across our 16 offices worldwide on a daily basis.
  • Hardworking and sociable: our staff know how to work hard and know also how to enjoy themselves! We pride ourselves on creating an appropriate work-life balance, with flexible hours and regular socialising including frequent after work meet ups, summer and Christmas parties and a whole range of other groups to be involved with.
  • Committed to making a difference: We believe that people are looking for something worthwhile in a company beyond the workplace. Our extensive Corporate Social Responsibility Program gives each member of staff two volunteering days a year in addition to holidays. It gives all new starters a donation amount on joining us which they can give to a charity of their choice. It sees us reaching out into the local community with our mentoring, group volunteering, and fundraising initiatives as well as supporting international charities through our website sales, matching staff sponsorship fundraising, and carbon offsetting all our flights.
  • Excellent benefits: we offer competitive salaries, enhanced healthcare and pensions, plus generous holiday allowances, hybrid working and, in many offices, a Core Hours policy allowing flexible start and finish times to each day.
  • Opportunities to grow: we offer extensive training and development opportunities at all levels. The vast majority of our Managers and Directors have been promoted from within and many have moved across departments as well as upwards. We pride ourselves on identifying and rewarding talent.

Equal Employment Opportunity Statement: Euromonitor International does not discriminate in employment on the basis of race, colour, religion, sex, national origin, political affiliation, sexual orientation, gender identity, marital status, disability and genetic information, age, membership in an employee organization, or other non-merit factor.

Business Development Account Manager employer: Euromonitor

Euromonitor International is an exceptional employer, offering a collaborative and inclusive work culture that values diversity and empowers employees. With a strong commitment to professional development, extensive training opportunities, and a focus on work-life balance, employees can thrive in their careers while making a positive impact through community involvement initiatives. Located in a vibrant environment, the company fosters strong relationships across its multinational workforce, ensuring that every team member feels valued and supported.
Euromonitor

Contact Detail:

Euromonitor Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Account Manager

✨Tip Number 1

Familiarise yourself with Euromonitor's products and services. Understanding the specifics of our data analytics and market research will allow you to articulate their value effectively during conversations with potential clients.

✨Tip Number 2

Network within the professional and financial services sectors. Attend industry events or webinars where you can meet decision-makers from consulting firms, investment banks, and private equity agencies to build relationships that could lead to job opportunities.

✨Tip Number 3

Demonstrate your consultative selling skills in your interactions. Practice how to identify client needs and align them with our solutions, as this is crucial for the role of a Business Development Account Manager.

✨Tip Number 4

Showcase your ability to collaborate effectively. Highlight any past experiences where you've worked with cross-functional teams, as this will be important for driving global account strategies and enhancing client retention at Euromonitor.

We think you need these skills to ace Business Development Account Manager

Consultative Selling Techniques
Client Relationship Management
Contract Negotiation
Salesforce Proficiency
Time Management
Communication Skills
Negotiation Skills
Numeracy Skills
Diplomacy Skills
Market Research Knowledge
Financial Services Sales Experience
Proactive Client Engagement
Networking Skills
Intellectual Curiosity
Ability to Meet Sales Targets

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in business development and account management. Focus on achievements that demonstrate your ability to renew contracts and grow revenue, as these are key aspects of the role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention specific examples of how you've successfully managed client relationships and driven sales growth in previous roles.

Showcase Relevant Skills: Emphasise skills that align with the job description, such as consultative selling techniques, strong communication abilities, and proficiency in Salesforce. Use concrete examples to illustrate how you've applied these skills in past experiences.

Research Euromonitor: Familiarise yourself with Euromonitor's products and services. Understanding their market position and client needs will help you articulate how you can contribute to their goals during the application process.

How to prepare for a job interview at Euromonitor

✨Research Euromonitor's Offerings

Before the interview, take time to understand Euromonitor's products and services. Familiarise yourself with their data analytics and research capabilities, as well as how they cater to professional and financial services clients. This knowledge will help you articulate how you can contribute to their goals.

✨Demonstrate Consultative Selling Skills

Since the role requires consultative selling techniques, prepare examples from your past experiences where you've successfully identified client needs and provided tailored solutions. Highlight your ability to build relationships and grow accounts, as this is crucial for success in this position.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving and negotiation skills. Think of situations where you've had to renew contracts or upsell services, and be ready to discuss your approach and the outcomes. This will showcase your strategic thinking and ability to drive revenue growth.

✨Showcase Your Communication Skills

Effective communication is key in this role. During the interview, demonstrate your ability to convey complex information clearly and concisely. Practice articulating your thoughts on how you would engage with clients and collaborate with internal teams to enhance client retention and satisfaction.

Business Development Account Manager
Euromonitor
Location: London

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