Algolia

Strategic Account Executive

United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Software, BiotechnologyIndustries

About Algolia

At Algolia, we are passionate about helping developers & product teams connect their users with what matters most in milliseconds!

Strategic Account Executive Role

As an Algolia Strategic Account Executive, you will be responsible for creating strong relationships with Algolia’s most strategic prospects and customers by solution selling, driving value and realizing ROI across the enterprise. You are both a sales hunter and farmer responsible for researching prospective and existing customers, navigating across the customer’s organization and adapting sales strategies to meet their needs. You have a demonstrated ability to drive complex sales with all stakeholders (from both the Business and IT audiences, and Mid-level to Senior Executives) and have consistently exceeded quotas and achieved objectives within a fast paced, high growth sales environment, with the ability to internally sell.

You will be expected to leverage and prioritize a cross-functional team of Algolia and partner resources to drive desired business outcomes while abiding by operational requirements and processes.

Responsibilities

  • Managing and growing a sales pipeline within your list of Strategic Accounts following our “Land and Expand” Sales Model
  • Developing Sales strategies and creating effective and specific account plans to ensure revenue target delivery and balanced growth.
  • Acting as a Trusted Advisor, seeking to understand the digital experience (including: Search & Discovery challenges of prospects, and establishing positive relationships based on knowledge of customer requirements and dedication to value
    • Value of counsel and expertise
    • Value of solutions
    • Value of implementation expertise
  • Customer Acuity - Actively understanding each customer's technology footprint, strategic growth plans, technology strategy, competitive landscape and any available public information such as earnings statements, press releases and industry trends
  • Pipeline planning - Following a well-adapted approach to maintaining a rolling 4Q pipeline and keeping pipeline current in Salesforce.com
  • Territory and Account Leadership - You’ll be the SME of your Accounts, regularly maintaining required sales reporting, leading all account relationships, prospect profiling, owning the sales cycles, driving Algolia reference-ability
  • Business Planning - Developing and delivering comprehensive business plans to address customer's priorities and hurdles
  • Utilizing Strategic Value Assessments, Benchmarking, and Return on Investment data to support decision making process
  • Pipeline partnerships – Using and collaborating with support organizations including Marketing, Inside Sales, Customer Success, Partners and any other available channels to funnel pipeline into the assigned territory
  • Engage closely with the Algolia’s Partner Ecosystem and Sales Engineering team to design solutions virtually and on-site, depending on client size and need
  • Advancing and closing sales opportunities - through the successful execution of the implemented sales strategy, roadmap while following internal and external processes

Qualifications

  • 7-10+ years technology consultative sales experience, including 5+ years in Enterprise Sales, selling solutions for SaaS/API/eCommerce companies
  • A track record of meeting and exceeding your quota targets
  • A successful history of running complex, multi-departmental sales initiatives within large organizations
  • Experience managing a finite list of strategic enterprise accounts which include both customers and prospects
  • Experience selling to the C-Suite and SVP levels
  • Experience building a business case and delivering return on investment.
  • Master Influencing skills - Excellent written/verbal communication and customer relationship skills
  • Preference for candidates with experience at our current stage and beyond (over 10,000 customers, $100-$300M ARR range, high growth, lots of change and building internal infrastructure).

Skills

Sales
Account Management
Solution Selling
Relationship Building
Pipeline Management
Sales Strategy
Customer Relationship Management
Enterprise Sales
Business Development
Negotiation
Communication
Problem-Solving

Algolia

Provides hosted search and discovery solutions

About Algolia

Algolia offers search and discovery solutions through a hosted search API, enabling businesses to create fast and relevant search experiences. Its services are particularly useful for e-commerce platforms and media companies, providing extensive support to help clients integrate advanced search capabilities. Algolia operates on a subscription model, allowing clients to access its APIs without managing infrastructure, which ensures scalability and reliability. The company aims to enhance user experience by enabling tailored and efficient search functionalities for businesses of all sizes.

Palo Alto, CaliforniaHeadquarters
2012Year Founded
$324.8MTotal Funding
SERIES_DCompany Stage
Consumer Software, Enterprise SoftwareIndustries
501-1,000Employees

Benefits

Flexible Work Hours
Remote Work Options

Risks

AWS's own search solutions could challenge Algolia's market position.
Pricing pressures from the PAYGO model may reduce profit margins.
Dependency on commercetools could impact Algolia if service disruptions occur.

Differentiation

Algolia offers a unique end-to-end AI Search and Discovery platform.
The company provides flexible, usage-based pricing through AWS Marketplace.
Algolia's integration with commercetools enhances its composable commerce capabilities.

Upsides

Algolia's AI Personalization tool meets growing demand for personalized e-commerce experiences.
The Pay-As-You-Go model expands Algolia's reach in the AWS ecosystem.
Recognition as a leader in Gartner's Magic Quadrant boosts Algolia's market credibility.

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