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Business Development Executive
Penske Chicago, IL
Apply
$91k-117k (estimate)
Full Time | Consumer Services 10 Months Ago
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Penske is Hiring a Business Development Executive Near Chicago, IL

Position Summary:

The Business Development Executive is responsible for securing new freight brokerage business by researching, cold calling, social selling and other creative and persistent methods of prospecting in order to generate new opportunities. We are looking for a candidate who is dynamic, highly motivated, reliable, and who understands and appreciates the importance of a team effort to achieve goals. The candidate should be able to use a consultative sales approach to gain business. The Business Development Executive will be required to design solutions for prospective customers and onboard new customers effectively to hand off to the operations team. Must be knowledgeable of all aspects of inside and outside sales techniques and procedures. Must have excellent verbal and written communication skills.

Major Responsibilities:

Growth

  • Proactively identify, pursue, and maintain a constant pipeline of potential Brokerage customers to meet or exceed established quotas.
  • Gain and maintain access to decision-makers via a disciplined and structured prospecting regimen, including cold
  • Explain products or services and prices, and answer questions from customers.
  • Adjust sales scripts to better target the needs and interests of specific individuals.
  • Take the lead in negotiating and closing deals by uncovering and addressing objections / concerns from the customer.
  • Achieve defined transactional sales goals and development standards required to attain the next level of career

advancement.

  • Monitor market conditions, product innovations, and competitors' products, prices, and sales.
  • Other projects and tasks as assigned by supervisor

Customer Focus

  • Develop comprehensive understanding of the customer’s business model and their unique challenges.
  • Manage accounts to retain existing relationships and grow share of Brokerage business.
  • Work with the Brokerage team to resolve problems and to provide ongoing support to customers.

Internal Business Partnerships

  • Leverage operational support while working within a team to continually improve the efficiency of overall book of

business.

  • Develop strategic partnerships with Penske Truck Leasing and inside the Penske Logistics organization to identify cross-sell opportunities within specified market areas.
  • Collaborate with the Brokerage team on pricing decisions, supplier selection and timing

Reporting

  • Accurately track growth opportunities through Salesforce
  • Continually analyze Brokerage accounts to determine efficiency and profitability.
  • Take the lead in communicating direction and progress / status of Brokerage deals to senior leadership.

Qualifications:

• 5 years or more of outside sales experience in the Brokerage or Logistics environment.

• Bachelor’s degree or equivalent experience preferred.

• Experience in collaborating across multiple departments to achieve goals.

• Must have strong attention to detail and effective communication skills.

• Strong customer focus

• Must be skilled in Problem Solving / Process Improvement.

• Ability to manage multiple tasks and prioritize time-sensitive situations.

• Advanced desktop computer skills including Microsoft Excel and Outlook required.

• Ability to develop and maintain professional working relationships with customers and Penske personnel.

• Team player with flexibility in working different shifts.

• Regular, predictable, full attendance is an essential function of the job.

• Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, and submit to a background investigation (to include past employment, education, and criminal history) and drug screening

Physical Requirements:

• The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

• The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.

• While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.

• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Penske is an Equal Opportunity Employer.

Job Category: Sales/Business Development/Sales Management

Job Function: Account Management

Job Family: Sales

Address: 500 W MADISON ST STE 1180

Primary Location: US-IL-Chicago

Employer: Penske Transportation Management LLC

Req ID: 2403592

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Services

SALARY

$91k-117k (estimate)

POST DATE

08/10/2023

EXPIRATION DATE

07/03/2024

WEBSITE

penske.com

HEADQUARTERS

FORT WALTON BEACH, FL

SIZE

25 - 50

FOUNDED

2018

CEO

SONNI SANFORD

REVENUE

<$5M

INDUSTRY

Consumer Services

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The job skills required for Business Development Executive include Business Development, Prospecting, Time Management, Products and Services, PowerPoint, Organizational Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Executive. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Executive. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Executive positions, which can be used as a reference in future career path planning. As a Business Development Executive, it can be promoted into senior positions as a Business Development Associate IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Executive. You can explore the career advancement for a Business Development Executive below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Executive, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Executive for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Executive job description and responsibilities

A business development executive plans for promotion campaigns and the supply of quality products.

01/21/2022: Biloxi, MS

A business development executive works closely with sales teams and regional sales managers to keep track of the total sales generated.

02/05/2022: Charlotte, NC

Business development executives are also responsible for evaluating the risks and benefits of potential business partnerships.

03/09/2022: Altoona, PA

The business development executive conducts research regarding leads and business targets.

02/06/2022: Tallahassee, FL

The business development executive will focus on customer acquisition, lead generation, and prospect management, as this role will garner and meet with potential clients.

02/18/2022: Norfolk, VA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Executive jobs

Consider earning an advanced degree (MBA or master's).

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Must be able to create good presentations.

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Must have good negotiation skills.

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Use business development skills as a focus for professional development.

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Use the right business development methods.

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Step 3: View the best colleges and universities for Business Development Executive.

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