Business Development Manager, Industrial Rental Markets
$110k - $135kGates Corporation
Are you inspired by challenging the status quo? Do you thrive in collaborative environments that drive results? If so, Gates could be for you.
Gates is a leading manufacturer of application-specific fluid power and power transmission solutions. We push the boundaries of material science to engineer solutions that continually exceed customer expectations.
Let's simplify it, think belts and hoses. Found in motorcycles, conveyor belts, cars, tractors, blenders, vacuum cleaners, bicycles, & 3D printers just to name a few. Because why not do it all?
Essential Duties and Responsibilities
As an innovation leader, we look for ambitious, forward-thinking, open-minded, and well-rounded individuals to join our North America team. Located remote from your home office (US-based), the Business Development Manager, Rental Markets, Americas will be reporting to the Senior Director, Industrial Growth. This role is responsible for the development of profitable and sustainable sales growth for the Rental Market through OEM and end-user markets within the US & Canada. Additionally, this role is responsible for aligning the local sales and marketing strategy with the business objectives and will have a broad responsibility to coordinate sales efforts across the entire Power Transmission and Fluid Power products portfolio.
- Use your expertise in the Rental Market segment within the United States, including a deep understanding of the segment's technical process needs and challenges, to develop and drive a strategy for growth in this segment.
- Create and execute the business plan, in line with the Americas Strategic Plan and revenue targets.
- Understand and communicate to internal stakeholders Rental Market general architecture & applications related to Gates products and respective OEMs.
- Understand industry dynamics, decision-making process, and decision makers on product specification and buying decisions.
- Identify and map key players in the decision-making chain (Rental company leadership, regional/branch managers, maintenance managers, mobile equipment services, etc.).
- Technology trends/technology shifts - understand how the industry requirements are changing and translate how it affects the utilization of our products and services.
- Identify industry standards and requirements for focus in terms of development, qualifications, and testing/demonstration for market legitimacy.
- Identify and size opportunities related to new product and technology development.
- Drive marketing efforts and market awareness of Gates Fluid Power and Power Transmission portfolio for different Rental Market customers.
- Work closely with the technical sales team, application engineers, and existing account management organization to develop a pipeline of new project opportunities and define winning sales strategies to identify growth opportunities and innovation.
- Lead matrixed organizational structures to align sales, engineering, and distribution resources to a common goal.
- Define and develop go-to-market plans for applicable product lines in our portfolio with primary focus on the Rental Market.
- Create a product content roadmap to support Business Development and Lead Gen activities, working in cooperation with PLM and Marketing organizations.
- Define and continuously maintain critical market intelligence from the market, customer, and competitor views for the Rental Market segment.
- Research and analyze Market Size, Market Segments, Economic & Regulatory Drivers, Applications & Technologies Products / Systems / Services, Channels to Market, Industry Trends, Competitors, perform SWOT Analysis, etc. Utilize this market intelligence against current and future strengths/capabilities in alignment with the business line strategy and to identify inorganic growth opportunities.
- Monitor key competitors' performance; compare to our own performance and draw conclusions on areas of growth opportunities and/or identify competitive threats to the business.
Supervisory Responsibilities
- None.
Requirements and Preferred Skills
- Bachelor's Degree is required.
- Minimum of 10 years of professional experience with at least 5 years of business development or account sales experience within the rental market.
- Background with the Rental Market infrastructure required.
- Travel for this role is allotted at 50%.
- Must be legally authorized to work in the United States without company sponsorship.
Pay & Benefits
- Full-Time
- Base Salary Range: $110,000 - $135,000
- Sales Incentive Plan Eligible
- Relocation is not provided
- Medical, Dental, Vision insurance and other voluntary benefit options: benefits beginonthe first day of the month immediately following your date of hire
- Eligible for 3 weeks of paid vacation + 11 holidays (9 scheduled & 2 floating) + 8 sick days. All vacation days are accrued
- 401(k): 3% company contribution and additional 3% company match
- Tuition Reimbursement
Why Gates?
Founded in 1911 in Denver, Colorado, Gates is publicly traded on the NYSE. While we might operate in a vast amount of time zones we operate as 'One Gates' and have a common goal of pushing the boundaries of materials science. We invest in our people, bringing real-world experience that enables us to solve our customers' diverse challenges of today and anticipate those of tomorrow.
Work Environment
Gates is an Equal Opportunity and is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of race, sex, color, religion, age, disability, pregnancy, citizenship, sexual orientation, gender identity, national origin, protected veteran status, genetic information, marital status, or any other consideration defined by law.
While performing the duties of this job, the employee is frequently required to sit; use hands and fingers to work with objects, tools, or controls; and use office equipment including computers, telephones, and/or copiers/scanners. The employee must frequently lift and/or move up to 10 pounds.
For individuals assigned and/or hired to work in Colorado, Gates is required by law to include a reasonable estimate of the compensation for this role. This compensation range is specific to the State of Colorado and takes into account various factors that are considered in making compensation decisions, including but not limited to the candidate's relevant experience, qualifications, skills, competencies, and proficiency for the role.
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