Vice President (VP) of Sales
MyTime · Los Angeles, CA
📍 Los Angeles, CA, usvia smartrecruitersPosted 2024-09-05
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MyTime produces an Enterprise SAAS product serving multi-location chains and franchises in the beauty, wellness, pets, and fitness verticals. Our mission critical software -- which includes appointment scheduling and online booking, client record management, email and SMS marketing, and Point of Sale with integrated payment processing -- is used in every aspect of the customer journey. We aspire to be the “operating system” of our customers’ businesses and their strategic partner in helping them achieve their vision for success.
We’ve also made it easy to plug our online booking, payments and messaging capabilities into the places customers are found today, including Google Search, Facebook, Instagram, and the merchants’ own websites and mobile apps. Upon adopting MyTime, our customers see average revenue growth of up to 30% through improved operational efficiency, greater customer retention, and access to new customer acquisition channels.
Our product is used at thousands of locations across the globe, ranging from single-location sole proprietors to multi-billion dollar Fortune 500 chains. As a completely cloud-based solution, MyTime is designed for quick and easy deployments. It’s lauded for its ease-of-use and short ramp-up time, having won numerous awards such as the Best Commerce Product from the Local Search Association.
MyTime is backed by Upfront Ventures and Khosla Ventures and was founded by Ethan Anderson, a successful serial entrepreneur whose first startup, Redbeacon, won TechCrunch50 in 2009 and was acquired by The Home Depot.
Come help us realize our goal of becoming the world’s leading appointment scheduling and retail commerce platform!
As the VP of Sales, you will be expected to:
Build and grow the sales team and train new hires
Codify the sales playbook, including setting meetings, executing discovery calls, delivering product presentations, handling objections, and converting prospects to successful customers
Implement a process to test, learn, and iterate on components of the sales playbook ensure optimization
Establish an annual sales plan defining sales hiring goals, KPIs, and the corresponding monthly revenue output
Develop an accurate monthly forecast for the company
Assess sales metrics and translate insight into improvements
Provide on-going coaching to salespeople
Work with functional leaders from marketing, customer success, product, and finance to properly align sales execution with the broader company goals
Key Responsibility: Own recruiting & retention of sales reps:
Build and maintain a best-in-class sales team by recruiting, training, motivating and developing the right talent
Design compensation and incentive programs that engage and motivate the sales team while driving continual improvements in productivity
Key Responsibility: Develop sales strategy, systems, training and processes:
Develop and implement the sales strategy to exceed revenue targets for our product, including the go-to-market plan and sales process from lead gen to upsell/retention
Cultivate and develop a winning culture through performance expectations, driving the right behavior to develop a pipeline, direction, transparency, and proactive communication
Serve as the executive point person for sales such as improving sales discipline, institutionalizing use of best practice sales methodologies and executing against growth forecasts
Oversee the responsibilities and key initiatives of our sales management team
Create, improve and audit sales processes and support resources through training programs and management coaching
Key responsibility: Drive sales productivity and effectiveness:
Establish strategies for improving sales rep performance, both in volume (# of deals) and quality (size and value of deals)
Oversee the management of daily and weekly AE activities, pipeline analysis, and forecasting efforts to ensure predictable top-line growth trajectory in line with company goals
Assist with complex sales negotiations, craft sales positioning and presentation approach, assist with proposals and POCs, and help drive the pipeline for high-profile strategic accounts
Develop and generate reporting to track all key sales metrics for the organization in conjunction with Heads of Finance and Sales Ops
Work closely with finance and operations teams to develop key operating assumptions & growth plans for the business
Collaborate with Marketing Demand Generation team to build strategic data sets for lead gen optimization and sales planning purposes
10+ years of sales experience, preferably in scaling a metrics-driven SaaS sales team at a rapidly growing technology company in a highly competitive market
3-10 years of sales leadership: hired at least 6 successful, high performing sales reps and managed at least 8 sales reps or managers-of-managers within dynamic sales teams
Executed a sales playbook used to acquire customers with $250K+ ACV. Strong preference for experience in designing and implementing the playbook from scratch. MEDDIC preferred
Preference for Sales management experience with an organization that has scaled at least to $20+M ARR. Front-office software (i.e. martech, sales-tech, etc.) preferred but will accept any complex software sales except ad sales or hardware
Preference for experience selling into Multi-Location or Franchises but any industry works as long as sale was $250 K+ ACV and involved a complex DMU of 3+ people
Extensive sales operations experience (forecasting, planning, analysis, sales systems, reporting, compensation and quota management)
Ability to build vision, understand and define requirements, design practical solutions, develop supporting business cases and implement solutions for clients
Strong experience using CRM and Marketing Automation tools such as Salesforce, Hubspot, etc.
Strong problem solving skills, project management, time management
High levels of analytical horsepower and ability to turn analysis in
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