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Business Development Associate
YipitData New York, NY
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$101k-129k (estimate)
Full Time 4 Days Ago
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YipitData is Hiring a Business Development Associate Near New York, NY

About Us:
YipitData is the leading market research and analytics firm for the disruptive economy. We analyze billions of alternative data points every day to provide accurate, detailed insights on ridesharing, e-commerce marketplaces, payments and more. SpendHound is a new team for YipitData focused on disrupting the spend management space. Our 100% free offering helps companies save time and money across software renewals.
For three years and counting, we have been recognized as one of Inc's Best Workplaces . We are a fast-growing technology company backed by The Carlyle Group and Norwest Venture Partners. Our offices are located in NYC, Austin, Miami, Denver, Mountain View, Seattle, Hong Kong, Shanghai, Beijing, Guangzhou, and Singapore. We cultivate a people-centric culture focused on mastery, ownership, and transparency.
About SpendHound:
SpendHound is a 100% free software renewal management platform and service recently launched by the research firm YipitData. (See this introductory video from SpendHound's Senior Product Manager!)
  • SpendHound is the single source of truth for companies' renewal information and includes:
    • A comprehensive view of all software applications used with annual contract values, auto-renewal information, renewal dates, license counts, and more
    • An invoice and contract management system for companies to store their invoices and contracts
    • Renewal reminders through email and Slack so companies never miss upcoming software renewals
    • Free advice from procurement experts to discuss price benchmarking insights and negotiation strategies for any upcoming renewals
  • Companies use the SpendHound platform and procurement expert service to save time and money on their software renewals.
  • SpendHound is free for customers because customer data is de-identified, aggregated with other panelists, and used as part of YipitData market research (example report).
About The Role:
We are seeking a Business Development Associate ( official title: "Sales Associate ") to play a crucial role in a new team, SpendHound. As a Sales Associate, you will join the go-to-market team of this new division and assist in acquiring new clients. Your responsibilities will include qualifying and following up with inbound leads and marketing qualified opportunities, and proactively generating leads through outbound activity. You are then responsible for managing a full sales cycle and closing those new business opportunities.
This role is part of a new start-up team but with the resources of a larger company. As such you will gain experience in an earlier stage sales environment with frequent iteration and the opportunity to take on additional responsibilities outside the general scope of your work.
This position offers an exciting opportunity for growth and advancement within a brand new segment for the company.
This position is located in NYC, and the requirement is for you to work at the office for three (3) days each week.
In this role, you'll gain experience in:
  • Running a full sales cycle from initial outreach all the way to close
  • Working both inbound and outbound opportunities
  • Selling into C-level executives
  • Working in a startup environment - you'll be part of a small team going to market on a totally new product
You are likely to succeed if:
  • You have 2 years in a high velocity sales environment either as a top performing SDR/BDR or Account Executive
  • You have strong interpersonal skills and enjoy spending a lot of time on phone and video calls
  • You have strong email communication skills
  • You're comfortable working in a dynamic environment where things can change quickly
  • You're organized and can manage a large pipeline of opportunities
What We Offer:
Our compensation package includes comprehensive benefits, perks, and a competitive salary:
  • We care about your personal life and we mean it. We offer flexible work hours, flexible vacation, a generous 401K match, parental leave, team events, wellness budget, learning reimbursement, and more!
  • Your growth at YipitData is determined by your impact, not by tenure, unnecessary facetime, or office politics. Everyone at YipitData is empowered to learn, self-improve, and master their skills in an environment focused on ownership, respect, and trust.
  • The annual salary for this position is anticipated to be up to $130,000 On-Target-Earning ($75,000 Base $55,000 Uncapped Bonus). The final offer may be determined by a number of factors, including, but not limited to, the applicant's experience, knowledge, skills, and abilities, as well as internal team benchmarks.
  • This position will be located in NYC, and the requirement is for you to work at the office for three (3) days each week.
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity employer.
Job Applicant Privacy Notice

Job Summary

JOB TYPE

Full Time

SALARY

$101k-129k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/15/2024

WEBSITE

yipitdata.com

HEADQUARTERS

NEW YORK, NY

SIZE

200 - 500

FOUNDED

2014

CEO

JAMES MORAN

REVENUE

$5M - $10M

INDUSTRY

Telecommunications

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About YipitData

New datasets are being created every day and investors need to incorporate them to remain competitive. YipitData is the go-to, 200+ person data team for hundreds of the largest institutional investors and corporations in the world. We identify, screen, license, clean, and analyze alternative data to help clients answer their key questions. We have amazing reviews (and a 5.0 rating!) on Glassdoor and are one of Incs Best Workplaces - a fast-growing technology company based in NYC, backed by Norwest Venture Partners and with a strong culture focused on mastery, ownership, and purpose. YipitData ...is hiring. Come join the future of data-driven investment research: yipitdata.com/careers More
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The following is the career advancement route for Business Development Associate positions, which can be used as a reference in future career path planning. As a Business Development Associate, 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 Associate. You can explore the career advancement for a Business Development Associate below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Associate, 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 Associate for your reference.

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

Quotes from people on Business Development Associate job description and responsibilities

Assist the business development team with the development of a business model, project budget, scope of work document, and business strategy.

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Coordinate meetings, calls, and appointments with top management and customers to discuss new business prospects and expansions.

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A business development associate helps companies to boost growth and sales.

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Building and maintaining long lasting business relationships with clients.

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Business Development Associate also help to manage risk by performing risk analysis and consumer behavioral analysis.

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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 Associate jobs

Companies frequently seek employees with marketing, business management, or sales experience.

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A skilled business developer can form and nurture long-term partnerships that lead to additional leads and closed deals.

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The person should be keen to develop and understand the requirements of global business from both a Mauritius and the other main financial centers.

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They rely on knowledge, theory and hands-on experience to help businesses to grow.

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

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