Business Development Executive ( Software)

This role covers a wide range of vertical markets including mobile operators, handset vendors, Automotive OEMs and equipment suppliers. You'll be working closely with the management team, shaping business strategy, establishing strong and trusting relationships with key partners, preparing compelling value propositions and customer proposals, developing business models, negotiating commercial terms and closing deals. There is considerable scope for innovation and introducing new product ideas.

You won't be doing this alone. You'll have the backing of a dedicated pre-sales team, as well as a network of established partners you'll need to be comfortable working with and through partners, as well as selling direct. We sell through a mix of direct sales and trade shows, attending around 50 shows a year across Europe, Asia and the USA. In Europe we typically partner with Panasonic on a stand rather than running our own, so despite the number of shows, it isn't a heavy travel commitment.

When you join, you'll shadow the team on existing customer engagements before picking up your own leads sourced from website enquiries, trade shows, and an element of proactive networking. You'll also make use of our CRM to revisit and work cold leads, including enquiries that have gone quiet for six months or more, alongside nurturing relationships across our large existing customer base.

We're currently at proof-of-concept stage with a number of clients, typically selling in batches of 10–20 units, though some clients order 100–200 units at a time. On the software side, deals typically range from around £20,000–£30,000 up to £200,000. On the hardware side, minimum order is 50–100 units, but some clients order 300–500 units — deals of £100,000 or more. You'll also work closely with our engineering team to tease out and translate customer requirements, acting as the interface between the customer and engineering throughout the sales process.

Successful candidates will have a good market knowledge of the automotive industry, an appreciation of the formation of partnerships, channel sales and OEM deal-making. You must possess demonstrable business skills, show adaptability, flexibility and a desire to work on a broad range of business initiatives. You must have a strong can-do attitude with the desire to deliver world-class solutions to blue-chip companies, and be motivated by seeing results deployed widely in real-life applications.

The role involves global travel, including Europe, Asia and the USA. There will be a mix of visiting our extensive customer base and new prospects, presenting at conferences and representing at trade shows.

Compensation

Base salary is up to £50,000, plus an uncapped commission scheme based on deal size:

• 4% commission on all sales up to your initial annual target of £500,000
• Once target is hit, this increases by a further 2% (6% total) on sales beyond that point
• Any individual deal over £100,000 earns 6–8% commission
• Our best and average performers are currently earning £30,000–£50,000 in commission on top of base salary — taking total earnings to around £120,000 a year.

You:

• have demonstrable experience in consultative selling within a software or electronics technology business sector.
• understand what a software licensing contract is, and have exposure to negotiating price and terms with a legal team and the customer.
• have first-hand experience of technology licensing including contract negotiation.
• understand different revenue models, such as upfront licensing and SaaS-based subscription models.
• are able to tease out customer requirements and interface effectively between the customer and our engineering team.
• have experience of preparing value propositions and commercial proposals.
• possess strong problem-solving skills, excellent attention to detail and a drive to deliver results.
• have excellent oral, written and presentation communication skills.
• have sector experience in the Automotive industry.
• have experience of selling to global blue-chip companies and start-up organisations, with an appreciation of the cultural differences in Europe, USA and the Far East.
• have a relevant degree (or equivalent) ideally within a software, technical or numerate subject.

Anything else?

As well as the above, if you have any of the desired experience below then we would like to know about it!

• Detailed knowledge of the sales cycle process, lead qualification, remote customer acquisition using telephone and email.
• Experience in strategy development and business modelling, including creation of channel sales.
• An understanding of market mapping techniques, business intelligence, target identification and qualification.
• Prior knowledge of management and business consulting process, selling projects and development services would be advantageous.
• Willingness to travel to customer meetings, to run product demonstrations and represent at trade shows and conferences globally.
• Foreign language skills would be beneficial, particularly European and/or Asian languages.

Benefits:

• Pension
• Share scheme
• Dental, medical and life insurance
• Travel insurance
• Season ticket loan
• Cycle to work scheme
• Free eye test
• Free flu jabs
• Gym membership loan
• Regular social events and parties
• Charity events and give back days

We are offering a unique opportunity to join our team, working for a successful, growing company with a recognised global brand and great potential and vision. If you are successful, you will be compensated with an attractive package which will be appropriate to your skills and experience. We also offer generous benefits, including a contributory pension, and private dental and medical care.

This is a full-time post, based in our central Cambridge offices, but we believe in a healthy work/life balance and are happy to accommodate flexible home/office working arrangements.

How to apply?
Apply now or send your CV to danni@cortechtalentsolutions.co.uk