Department: Sales
Location: Germany (hybrid/remote)
Compensation: €84,100 - €130,900 / year
Description
🚀
Your role
Luminovo is on the way towards Series A funding and the sales team is looking for an experienced Sales Executive who is excited about diving into the electronics industry.
In this role, your focus is on mid-market prospects in the electronics OEM industry (companies with dedicated electronic hardware development & procurement teams, regardless of their industry).
As a Sales Executive, you own the full sales cycle: from generating your own pipeline and qualifying inbound leads to bringing them to the finish line. Our product managers will have your back for in-depth technical questions in the sales process.
Our software suite is catered to solving engineering and procurement issues in the trillion-dollar electronics idea-to-production value chain. For the electronics OEM, we offer a design health and all-in-one supply chain solution that helps them to design with confidence and source faster and smarter.
We are starting our electronics OEM go-to-market in the DACH region, which is why working proficiency in
German and English is a must. You can work
remotely or join us in a
hybrid setup in our HQ in Munich.
🎯 Performance objectives
To be successful in this role, you must excel in the following performance objectives:
📣 Pipeline generation
- Generate interest. Use a mix of calls, emails, and LinkedIn outreaches to grab a prospect's attention and keep a high pace. Make use of sales enablement material as well as prospecting tools to drive efficiency.
- Qualify. Run customer-centric discovery meetings to quickly uncover the situation and pain the customer is facing. Clarify how our solutions can create an impact on the customer and how large the value is.
💪 Selling
- Inspire. Run inspiring product demonstrations that are catered to the customer's pain and the impact they want to achieve. Know and clarify our positioning in the competitive landscape.
- Prove value. Hold workshops and product deep dives with the help of domain experts to prove that our solution can create value. Support with ROI calculation to underpin the business impact.
- Close. Guide the prospect through the buyer journey, turn negotiations into win-win trades, and close the paperwork. Ensure a smooth handover of the customer's individual case to customer success to ensure that the impact will be delivered.
💡 Expertise
- Provide insights on the industry. Seek the wisdom of our product experts for answers and generate new insights for our product teams to keep on delivering on the customer's needs.
- Build expertise in B2B SaaS. Improve your knowledge of the idiosyncrasies of SaaS sales in a technical industry, and make the SPICED framework your guiding principle.
📈 Leadership
- Track metrics proactively. Be always on top of your metrics and leading indicators needed to achieve your goals.
- Mentor your junior colleagues. Help less experienced Sales Executives thrive through coaching, iterating our sales playbook, and acting as a role model.
- Commit to continuous improvement. Quickly build up trust with your manager and peers to fully embrace feedback. Proactively query them if you require support to maximize your impact.
Please note that while this position is possible as a fully remote Luminerd, there may be instances where travel is required on a need basis (industry events, customer meetings, team events).
Whom You'll Be Working With
- Sebastian, one of our founders, who is also leading the revenue organization
- Inga, our first Sales Executive in the OEM Sales team
- Max, who is leads our Revenue Operations team and is in charge of our CRM (Hubspot), supporting you with dashboards, sequences, forecasts, and more
- Mark, our Head of Marketing, to align on positioning/messaging and drive strategic growth initiatives
- Our Customer Success and Product Team to fully understand our product roadmap, potential constraints, and share product-related customer feedback
🤓 Skills, Knowledge, And Expertise
Just so you know – we purposefully did not create a standard list of minimum qualifications for this role. We care much more about your motivation and ability to help us accelerate technical progress than we care just about your CV. If you're interested to find out more about why we banned requirements from our performance profiles – see here.
🤝 What We Promise
- 🧠 We greatly value psychological safety and honest feedback. We always expect you to speak up and share your ideas about what we can improve within the company, and take these views to heart.
- 💬 We do routine 1:1's with your supervisor, retrospectives, and insight hours to make sure we are constantly getting better at what we do, all while fostering employee mental health and wellbeing.
- 💡 Personal development is something strongly encouraged by Luminovo, so there are no fixed budgets when it comes to things that will further your personal growth (education, trainings etc.), just ask and we usually say yes!
- 🤸 We offer a flexible working environment, we appreciate everyone's time and preferred ideal setup regarding working hours.
- 🌍 We offer fully remote working (our only requirement for remote working is that you are within +/-2 hours of CET). Our Luminerds work from Amsterdam, Nairobi, Verona, Berlin, Cologne, Munich, …
- 👶 When it comes to our take on parent support, we happily contribute to the childcare costs of our Luminerds and have found very flexible setups for parental leave.
- 🖥️ In case you're joining us as a remote Luminerd, we will support you in finding your ideal home-office setup and provide the appropriate equipment.
- 💸 We're excited to revolutionize the electronics industry – and we want you to be too. That's why all full-time Luminerds receive strong and fair stock option packages.
💰
Compensation
We want to offer compensation that aligns with industry standards. To maintain a transparent and fair approach to compensation, the salary ranges for all positions are determined based on market benchmarks and a comprehensive leveling framework.
For this role, German salary ranges from
€84,100 to
€130,900 OTE (50% accelerator, uncapped) +
stock options, depending on the leveling we'll establish with you throughout the hiring process. This range might differ in other countries within our CET +/- 2h remote-work time zone, given our location-based pay philosophy.
The
average target achievement in the team was 144% in Q4 2023 (top seller achieved 151%) and 92.5% in Q1 2024 (top seller achieved 222%).