Business Development Manager

Overview

Who we are—

Transcat is a dynamic, innovative, growing company that has been recognized as the leading calibration and compliance services provider in North America and beyond.  With over 1,000 employees—in technical, consulting, operational, sales, finance, and corporate roles—we have stood the test of time by delivering on our Trust in Every Measure promise to our customers in vital industries, including life sciences, aerospace, defense, energy, and utilities.  We fulfill this promise through our employees, who live Our Values every day, the Transcat Way.  Our employees are at the center of the rewarding, challenging, and life-changing work we do for our customers and those they serve.  Are you ready to join a company where the work you do makes a difference, and where you can grow in your career?

Here’s what Transcat has to offer—

Work that matters

A values-based culture where people care about each other and the work they do together

Flexibility

• Training and development to accelerate learning and career advancement
• Competitive compensation and benefits, including paid time off, health insurance, tuition reimbursement, retirement, stock purchase plan, and MORE!
• Base salary ranges between $75k-$85k plus commission

Responsibilities

Essential Duties and Responsibilities

Customer Retention and Growth—

• Develop and execute regional customer retention and growth strategies aligned with company revenue and Service channel sales goals
• Proactively engage with current, new, and at-risk regional customers through face-to-face interactions and personalized communication
• Analyze customer and regional business data to identify risks, trends, and opportunities to expand revenue within current and new service tracks
• Understand customer and regional sector needs, opportunities, and pain points to identify opportunities for relationship expansion and revenue and Service track growth

Customer Relationship Management—

Build strong relationships with key customers and prospects within the region through methodical, personalized, and consistent customer attention, engagement, and service

Address customer concerns/questions promptly and effectively, ensuring customer satisfaction

Customer Experience Enhancement—

• Collaborate with cross-functional teams (e.g., Operations, Customer Service Coordinators (CSR), product development, marketing) to improve the quality of the customer experience and facilitate ease of doing business
• Identify and implement initiatives to enhance customer loyalty and satisfaction
• Gather and analyze customer feedback to inform continuous improvement efforts

New Customer Acquisition—

• Understand each lab’s regional business market and competitive landscape (strengths, weaknesses, benefits), analyze market trends and competitive activity to identify new opportunities
• Identify and pursue new market opportunities, customer segments, and Service channels
• Develop and proactively execute new customer sales strategies to attract new customers to each lab, across Transcat’s portfolio of Service offerings
• BDMs will receive all leads in their assigned region and will have discretion and authority to pursue the lead themselves or transfer the lead to the lab’s ADM

Strengthen Lab Relationships—

Ensure full understanding of assigned lab(s) capabilities and lab-identified opportunities by creating and maintaining a positive relationship with the Service Manager and maintaining a cadence of communications and lab visits that allow for regular knowledge transfer

Visit customers and prospective customers with the Service Manager to create customer intimacy and loyalty and showcase the Service Manager’s technical knowledge

Advise Service Manager of sales strategies and results; work with Service Manager to evaluate results and develop modified and new approaches to current and new customer retention and growth

Partner with the lab’s Service Manager, Account Development Manager (ADM) and Customer Service Representative (CSR) to provide and ensure the highest level of customer service and the maximum focus on expansion of business with current customers and attraction of new customers

Participate in Monthly/Quarterly internal lab reviews with Sales and Operations leadership

Serve as a key member of the team (Regional Leader, Service Manager, and BDM) that reports to members of the executive team on the current state of the lab’s customer and regional portfolio and projected wins and revenue

Performance Tracking/Reporting/Communication—

Fully utilize Salesforce and leverage its capabilities to drive sales and improve customer service (e.g., manage leads, track customer interactions, build and maintain relationships with customers, track communications and sales performance in accordance with Transcat processes, identify trends, make data-driven decisions, generate reports on key metrics, such as sales pipeline, outreach, conversion rates, customer lifetime value, and activities related to building knowledge of market opportunities, size of market, potential targets and channel opportunities, competitors, lead generation, and prospecting)

Record all activities and updates in Salesforce, including performing Salesforce hygiene to ensure accuracy, completeness, and consistency of data, which involves cleaning, updating, and maintaining data to improve its quality and reliability

Prepare and present regular reports and updates (orally and/or in writing, as directed) on retention/growth/new business/channel performance and opportunities

Management of Sales Territory—

Manage sales activities in assigned geographic markets, including providing feedback to colleagues, including the Service Manager, ADMs and CSRs regarding sales approaches and efforts

Team Building—

Provide coaching, guidance, and support to team members

Motivate and inspire the team to achieve retention and current and new customer growth and channel goals

Travel—

• Regular travel within region required
• Infrequent national travel outside the region may be needed for company-wide initiatives and meetings
• Model the Company’s values to influence others to perform in an aligned manner

Other duties as assigned

Qualifications

Required Knowledge, Skills, and Abilities

Customer centric mindset

Relationship builder

Strong oral and written communicator, with exceptional rapport and relationship-building skills

Driven to achieve results

Adaptable/flexible

Proactive and solution-oriented approach to challenges

Developed sales skills with particular emphasis on the generation of thorough and accurate customer needs assessments, solution development, and gaining/maintaining customer commitment

Effective negotiating skills

• Ability to sell to multiple levels and constituencies within customer organizations
• Ability to develop and implement comprehensive territory sales plans with clearly defined objectives, strategies, and tactics
• Ability to analyze data and draw meaningful insights

Team player and collaborator

Education and Experience

• Bachelor's degree in business, marketing, or a related field
• 5+ years of successful experience in customer retention, account management, or a related customer-centric role
• Experience with CRM software (e.g., Salesforce) and data analysis tools
• Strong understanding of the company's products and services or proven ability to quickly and understand and absorb new technical information
• Experience in a related industry (e.g., telecommunications, SaaS, E-commerce), preferred
• Experience with customer success platforms, preferred

Project management skills, preferred

Miller Heiman Strategic Selling and Large Account Management Training/ Certification, preferred

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to pe