ibotta

Vice President, Strategic Partnerships

Arkansas, United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
E-commerce, Retail, Retail Media, Data & AnalyticsIndustries

Job Description: Vice President, Strategic Partnerships

Employment Type: Full-time

Position Overview

Ibotta is seeking a Vice President, Strategic Partnerships to join our innovative team and contribute to our mission to Make Every Purchase Rewarding. In this role, you’ll have the opportunity to build relationships with our most important strategic partners that host Ibotta’s offer content on a white-label basis. This will include working with large national retailers, their executive teams, and various functions across the partner’s organization. These partnerships will account for hundreds of millions of dollars in annual gross profit and represent the future of Ibotta and the Ibotta Performance Network (IPN).

Location: Bentonville, AR Candidates must live in the United States.

Responsibilities

  • Lead and manage Ibotta’s strategic partnership(s) with key publishers.
  • Develop and nurture relationships across publisher(s) within the executive, loyalty, eCommerce, retail media, data, technology, and marketing organizations.
  • Develop data-driven business cases and innovative presentations that educate publisher(s) on Ibotta’s products to increase adoption and drive redemptions.
  • Set and achieve ambitious goals for publisher partnership(s) by focusing on process improvements that will help the team work more efficiently.
  • Assist the team in maintaining and improving alignment across cross-functional teams (product, engineering, architecture, marketing, accounting, sales, operations, etc.) for a unified strategy that supports performance at publisher(s).
  • Take ownership of all publisher(s) projects internally, including strategies, policies, procedures, and process improvements that enhance the performance of the partnership.
  • Develop publisher strategies/account plans with insights, long-term partnership vision, priority opportunities and risks, KPI targets, and relationship development plans.
  • Manage delivery of core publisher KPIs including revenue, profitability, partner success, retention, and delivery of key strategic initiatives.
  • Embrace and uphold Ibotta’s Core Values: Integrity, Boldness, Ownership, Teamwork, Transparency & A good idea can come from anywhere.

Requirements

  • 10+ years of experience managing strategic B2B partnerships, executive relationships, and business development.
  • Bachelor’s degree preferred.
  • Technical Skills: G Suite, Intermediate Excel / Financial Modeling, with ability to partner with leadership to set quotas, and PowerPoint.
  • Proven ability to manage strategic relationships at a high-level (including C-level) and to navigate customer organizations to work collaboratively with the business owners/decision makers.
  • Track record of successfully building a high-performing team, strategic partner implementation and onboarding, and strategic partner relationship management and growth.
  • Ability to grow existing partnerships. Demonstrated ability to “land and expand” or increase the value of a partnership over time.
  • Outstanding leadership abilities and proven success as a leader with a large or high-growth organization, ability to coach varying skill levels.
  • Proven analytical skills: ability to measure the results of your team’s work.
  • Excellent communication skills, both written and verbal.
  • Project management experience, ability to juggle multiple projects and stakeholders at once.

About Ibotta

Ibotta (NYSE: IBTA) is a leading performance marketing platform allowing brands to deliver digital promotions to over 200 million consumers through a network of publishers called the Ibotta Performance Network (IPN). The IPN allows marketers to influence what people buy, and where and how often they shop – all while paying only when their campaigns directly result in a sale. American shoppers have earned over $1.8 billion through the IPN since 2012. The largest tech IPO in history to come out of Colorado, Ibotta is headquartered in Denver, and is continually listed as a top place to work by The Denver Post and Inc. Magazine.

Skills

Partnership Management
Business Development
Data-Driven Decision Making
Relationship Building
Strategic Planning
Cross-Functional Collaboration
Project Management
KPI Management

ibotta

Shopping rewards app for cash-back offers

About ibotta

Ibotta operates a shopping rewards app that connects brands with millennial consumers by offering cash-back rewards for purchases. Users earn cash back by shopping at partner retailers, which encourages them to shop more often and spend more. Brands and retailers collaborate with Ibotta to promote their products through targeted advertising within the app, especially during major shopping events like Black Friday. Ibotta generates revenue by charging these brands for featured placements and marketing campaigns designed to increase sales velocity and conversion rates. The company aims to enhance brand awareness and drive incremental sales for its clients, making it a significant player in the retail and consumer goods market.

Denver, ColoradoHeadquarters
2012Year Founded
$58.4MTotal Funding
IPOCompany Stage
Consumer Software, Consumer GoodsIndustries
501-1,000Employees

Benefits

Parental leave
Onsite gym
Dinner perk
Healthcare coverage
Culture club
401(k) match
Team wide bonus
Flexible time off
Equity
Lifestyle spending account

Risks

Increased competition from platforms like Rakuten and Honey could dilute market share.
Reliance on major retailers means disruptions could significantly impact revenue.
Rapid expansion in Denver may lead to increased operational costs and financial strain.

Differentiation

Ibotta offers cash-back rewards, incentivizing frequent shopping and larger purchases.
The Ibotta Performance Network delivers coordinated promotions across multiple platforms.
Ibotta connects brands with millions of millennial consumers, enhancing brand awareness and sales.

Upsides

Ibotta's user base grew by 158%, indicating strong consumer engagement.
Partnerships with major retailers like Walmart and Instacart boost Ibotta's market reach.
Winning the MarTech Breakthrough Award highlights Ibotta's innovation in performance marketing.

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