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Business Development Executive
$89k-115k (estimate)
Full Time 2 Weeks Ago
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Star Tribune Media Company LLC is Hiring a Business Development Executive Near Minneapolis, MN

The Star Tribune is the Upper Midwest’s largest news organization, with audience numbers consistently in the top five in the country amongst regional and national peers. Building on an extraordinary legacy that includes seven Pulitzer Prizes and hundreds of other awards, the Star Tribune is an unrivaled force for journalistic excellence in Minnesota. It is also a company under transformation – realigning its core purpose for a new age of media consumption through innovative new partnerships, technology strategies, and a refreshed strategic direction. Our company has a new vision to create the leading model for local news in America – driving innovation in media to make every Minnesotan’s life better. We’re looking for dynamic leaders to help create that model. We’re excited to work with people who care about journalism and democracy and are eager to re-invent one of ;our state’s most trusted companies for a completely new era of growth that embraces new technologies and strategies for excellence.

Job Summary

The Business Development Executive will drive new business leads and grow active accounts for the Star Tribune’s creative agency, Foundry425. This not only includes developing revenue from current Star Tribune accounts, but also includes prospecting and closing new business.

A successful Business Development Executive will have a high level of expertise in creative marketing, with an emphasis in content and digital marketing. The Business Development Executive will focus efforts on identifying and executing target initiatives that will successfully grow Foundry425’s book of business. The ideal candidate will have a background in agency or creative marketing firm.

Responsibilities

  • Prospect new accounts (that have not, or currently are not working with Star Tribune) that lead with Foundry425, but that also drive large media buys.
  • Develop new business leads with Star Tribune sales teams. This includes with existing and new clients.
  • Work with sales representatives to identify, approach, and do discovery with new business leads.
  • Prospect new accounts.
  • Help sales reps integrate Foundry into pitch work. In particular, they will be a resource for developing a strong creative proposal in conjunction with a strong media campaign.
  • Guide reps through a creative selling cycle, in particular with longer-selling cycles (that are more common for creative projects.)
  • Attend creative-related discovery calls with Sales representatives and report findings to Foundry425.
  • Help ensure that creative proposals are aligned with those goals.
  • Help Foundry425 with account management. While Foundry425 has historically been good at retaining customers from the creative side of the business, this person will help manage customers in more traditional way. This includes routinely checking in with portfolio and digital sellers, and by proactively checking in with clients.
  • Advocate for Foundry425 within Star Tribune sales teams, by sharing successful selling strategies and proposals.
  • Representing Foundry425 in settings that can generate leads, like trade shows.

Qualifications:

  • Bachelor’s degree or equivalent experience
  • 3 years of successful sales experience, preferably with demonstrated new business sales skills
  • Excellent attention to detail, communication, and organizational skills
  • Demonstrated ability to work with complex organizations and agencies
  • Highly developed negotiation, presentation, and problem-solving skills
  • A consultative seller that thrives in a fast paced, creative environment
  • Ability to sell wide range of products and services
  • Ability to probe and develop a comprehensive understanding of customer needs
  • Past content or digital media experience is preferred
  • Proficient in PowerPoint, Excel and Dynamics is a plus

More about the Star Tribune:

At the Star Tribune, we believe that our employees are our most valuable asset. We go above and beyond to ensure their happiness, growth, and overall well-being. Here is a glimpse into the exceptional benefits we offer:

Modern downtown office with a free fitness center and rooftop patio. Commuting subsidy, medical, dental, and vision insurance. Wellness program with financial incentives. Paid time off which includes flexible holidays to honor the preferences of employees, plus one volunteer day and 2 wellness days. 401(k) with company match, parental and caregiving leaves, flexible work arrangements, employee assistance program, pet insurance, tuition reimbursement, flexible spending, and health savings accounts.

Selected in 2023 to Diversity MBA's inaugural list of Top 25 Outstanding Leadership and Diversity Impact Awards.

Equal Opportunity Employer

If you're interested in this role but don't meet every single requirement, we still encourage you to apply. The Star Tribune is dedicated to fostering a more diverse and inclusive workplace, and we welcome applicants from all backgrounds.

Job Summary

JOB TYPE

Full Time

SALARY

$89k-115k (estimate)

POST DATE

04/07/2024

EXPIRATION DATE

06/06/2024

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The job skills required for Business Development Executive include Business Development, Prospecting, Initiative, Leadership, Problem Solving, Products and Services, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Executive. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Executive. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Executive positions, which can be used as a reference in future career path planning. As a Business Development Executive, 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 Executive. You can explore the career advancement for a Business Development Executive below and select your interested title to get hiring information.

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

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

Quotes from people on Business Development Executive job description and responsibilities

A business development executive plans for promotion campaigns and the supply of quality products.

01/21/2022: Biloxi, MS

A business development executive works closely with sales teams and regional sales managers to keep track of the total sales generated.

02/05/2022: Charlotte, NC

Business development executives are also responsible for evaluating the risks and benefits of potential business partnerships.

03/09/2022: Altoona, PA

The business development executive conducts research regarding leads and business targets.

02/06/2022: Tallahassee, FL

The business development executive will focus on customer acquisition, lead generation, and prospect management, as this role will garner and meet with potential clients.

02/18/2022: Norfolk, VA

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 Executive jobs

Consider earning an advanced degree (MBA or master's).

12/31/2021: Tulsa, OK

Must be able to create good presentations.

12/23/2021: Oklahoma City, OK

Must have good negotiation skills.

02/22/2022: Nashville, TN

Use business development skills as a focus for professional development.

02/16/2022: New London, CT

Use the right business development methods.

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

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