What are the responsibilities and job description for the Regional Account Manager position at Red Bull?
Company Description
Reporting to the Senior Manager, Walmart Field, your main priority is selling and implementing our strategy and programs with a set group of Regions, Divisions, or Banners of a specific national chain. Main responsibilities include: oversee regional key account volume quotas, spending budgets and results (Distribution, Price, Promotion, and Quality Points of Distribution (QPOD) within chain); develop productive business relationships with assigned accounts; and develop create solutions that resonate with customer needs while achieving our goals. You must also align all regional programming or promotional activity with the overarching chain strategy and Joint Business Plan outlined by the Head of the account.
Job Description
MANAGEMENT AND DEVELOPMENT OF REGIONS/BANNERS/DIVISIONS OF NATIONAL ACCOUNT
Shelf/Distribution: Implement distribution on priority packages following HQSG (Headquarter Sales Group) recommendations. Ensure all regional/divisional/banner schematics reflect Red Bull standards and chain HQ directives relative to flow and package mix
Price: Sell Red Bull’s Optimum Price program by using best practices and available tools. Customize presentations to better appeal to customer’s needs. Recommend account prices aligned with our national standards and target price ranges
Promotion: Develop annual promotion schedule following chain HQ goals. Creatively sell Red Bull standards and price points in a way that resonates with the customer’s needs. Ensure all promotions are accompanied by POS and incremental displays
Quality Points of Distribution (QPOD): Customizes sales pitch to achieve account goals while driving permanent displays. Evaluate Return on investment before recommending specific POS or customized solutions. Implement displays following HQSG channel guidelines
MANAGEMENT AND DEVELOPMENT OF LOCAL RELATIONSHIPS
Establish ‘Wiring Model’ that ensures communication with all regional chain decision makers
Participate in activities to build relationships and ‘wire’ at the regional/division/banner level at assigned chains
Establish necessary tools and business review templates to ensure Red Bull personnel are reviewing similar data with local Distributor Partners (DPs) to ensure consistency across the regions
BUDGETS/ANNUAL PLANNING
Ensure Region/Division/Banner compliance with annual Customer Marketing Agreements from chain HQ for all designated territories
Manage T&E spending to assigned budget
BUSINESS ANALYSIS
Work with Head of account to evaluate Return on investment with regards to all regional/divisional/banner level programming and promotions
Work with Category Management Team to evaluate Return on investment with regards to ‘pay-for-space’ agreements and communicates insights to HQSG
Perform post-promotion analysis following all programs to evaluate promotional effectiveness
Pursue business relationships that result in Red Bull obtaining relevant retailer scan data/ basket analysis data that inspires future strategy and better understanding of consumer purchase patterns
BUSINESS REVIEWS AND RELATIONSHIPS
Conduct quarterly business reviews to update all partners on business, channel competition, and opportunities.
Provide Energy Insights that inspire change in promotion, price, or display practices
Qualifications
6 years of Sales and Key Account experience in beverage, CPG (Consumer Packaged Goods), or FMCG (Fast Moving Consumer Goods) industries or within a Direct Store Delivery DSD) operation
Experience in chains across multiple channels (grocery and convenience)
Experience using internal and external data sources (i.e. IRI)
Negotiation experience
Bachelor's degree or equivalent work experience in lieu of degree
Must be fluent in English, additional language skills an advantage
Additional Information
Our current Benefits include:
Comprehensive Medical, Dental and Vision Plans, 401k Match, Family Leave, PTO & Paid Holiday Schedule, Pet, Legal, and Life Insurance, Tuition Reimbursement
(Benefits listed may vary depending on the nature of your employment or work location)
Red Bull North America, Inc. is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, age, or any other classification protected by Federal, state, or local law.