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Business Development Manager, Lifestyle - New York, United States - AUTHENTIC
Description
What You'll Do
As the Business Development Manager, Fashion Licensing, you'll be developing and executing strategies for expanding Authentic's base of licensing partnerships, increasing the footprint of the company's brands, and ultimately delivering top-line revenue for the organization.
We're proud to offer our BD team members an unlimited commission and are excited to welcome eager sellers to our team.
What you'll be working onGenerate Qualified Leads
Learn and understand Authentic's brand strategies.
Research the market and identify new Fashion Lifestyle licensing partners that map to your brand portfolio and meet Authentic's partner qualifications.
Identify target contacts and decision makers inside target companies and establish contact via cold calling, email outreach, and other means, as necessary.
Build and Manage Sales Pipeline:
Continually drive prospects into leads through high-volume outbound sales activity.
Utilize detailed discovery to learn about the prospect's interests and capabilities.
Partner with Business Development leadership and Brand Marketing to develop pitch decks that clearly align the brand value proposition with the prospect's interests and capabilities.
Work in partnership with Brand Management and Business Development Leadership teams to develop business plans and formulate product licensing proposals.
Assemble detailed term sheets with concise business terms. Work closely with legal counsel to draft licensing agreements.
Sales Management:
Track sales activity in CRM consistently and accurately.
Manage productive and goal-oriented deal processes.
Prepare accurate sales forecasts per Authentic's sales reporting process.
Prepare reports and presentations of sales performance as needed.
Responsible for quota attainment in assigned business pillar
Compensation:
Sales Executives are eligible for Authentic's Uncapped Commission Plan.
Commission is paid to Business Development Executives as royalty payments are received from the licensees with whom they closed deals – usually quarterly over the duration of the agreement.
Must Haves:3+ years experience in new business development in licensing for Lifestyle, Beauty, Fashion markets.
3+ years experience in full-cycle sales from lead generation through closing the deal
Have knowledge and understanding of licensees and product categories
Possess an eager demeanor with a fearless and professional drive to win; substantial cold calling and other forms of outreach are required
Success at negotiating licensing contracts, creatively developing new business ideas
Able to partner closely with licensees to understand their business needs and explore opportunities for growth.
Understand licensing sales successes and challenges, key retail accounts, development plans and strategy
Understand best practices for Licensees
Has a bachelor's degree
Must be willing and able to travel occasionally as the role requires
Primary Location Salary/Draw Range:
$70,000-$80,000
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