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Business Development Associate
Economist Group
New York, NY, United States
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Business Development Associate, Economist Events
Introduction
The Economist Group is the leading source of analysis on international business and world affairs. We deliver our information through a range of formats, from newspapers and magazines to conferences and electronic services. What ties us together is the objectivity of our opinion, the originality of our insight and our advocacy of economic and political freedom around the world.
The Economist Events is the leading provider of international forums for senior executives seeking new insights into strategic issues. These meetings include industry conferences, management events and government round-tables held around the world. Each meeting organised by the events teams delivers objective and informed analysis. Meetings provide unusually high-level forums where senior executives can gain insights, exchange views and compare strategies.
We are recruiting an Events Business Development Associate to grow sponsorship revenue from a portfolio of scheduled, multi-sponsor events and custom events across our EMEA and Americas regions. We are seeking an event sales professional to:
• Manage the entire business development process (prospect, qualify, proposal, negotiate and close) and work effectively with other functions across The Economist Group
• Maximize revenue for a defined portfolio as well as grow a new client portfolio
• Act as the Global Sales Lead on identified event franchise(s) if and when required
• Support the sponsorship delivery process
Accountabilities
How you will contribute:
• Achieve and exceed the revenue target on a consistent basis
• Produce accurate and regular sales forecasts for the personal territory
• Take responsibility for the creation, development and execution of new products
• Build relationships with clients to maximise revenue opportunities and grow future business
• Sell sponsorship on the full range of our event products, including custom, multi-sponsor and virtual events
• Construct and send necessary proposals, pricing, and contracts
• Work effectively with a cross functional team, including event programming, thought leadership sales, marketing, advertising sales and other group divisions
• Deliver a minimum of 30 substantive sales conversations per month
• If asked to act as the Global Sales Lead on any given franchise: Coordinate the sales effort at global level, lead the global commercial strategy with the goal of hitting global sales targets, support global client conversations, provide advice and feedback to regional sales colleagues as needed; act as the central facilitator for client knowledge sharing
Experience, skills and professional attributes
The ideal skills for this role are:
• Proven experience in a similar selling capacity; experience selling event sponsorship is a definite plus or equivalent business qualification
• Experience presenting to and negotiating with senior decision makers of large multi-national corporations
• Knowledge of the events and sponsorship industry as well as familiarity with editorial processes
• Good understanding of and a keen interest in international business and current affairs
• Strong account and project management skills
• A real appetite for business development
• Excellent organisational and time management skills
• Strong communication and negotiation skills; confident and professional manner
• Highly motivated, reliable, organized, driven and a problem solver
• A good team player and a willingness to travel
• Fluency in English and a fluency in Spanish or business competence in another European language preferred