New Business Market Development Manager - MN, ND, SD & NE
Ace HardwareMinneapolis, MN, US1 day ago
Job type
- Full-time
Job descriptionMinimum of 5 years of experience in retailing, franchising, real estate or market development work College Degree in business preferred but not required Ability to develop, secure, and close a new store and / or conversion opportunity Strong negotiation skills Strong presentation skills to a variety of 'audiences' ~ including wealthy investors, real estate brokers, lenders and existing Ace retailers Interpersonal ability to create trust, respect and understanding Business Acumen understand the economics of business and retailing (Ability to interpret Business Financials) Understanding of the lease negotiation process Strong grasp of capitalization and financing opportunities, methods and processes Understanding of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand Franchise intelligence understanding of our 'franchise' competitors and how to uniquely position Ace against these other investment choices Ability to create strong, respected coalitions with Retail Operations including the Director, Regional Manager, Project Manager, and District Manager Proficient in MS Office (Word, Excel, PowerPoint, Outlook) Ability to work flexible hours and extensive travel overnight (3-4 days / week) that address life's necessities and perks, many of which expand and improve year after year, including : Incentive opportunities, based on role / grade level (rapid company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!) Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10.4% of total eligible compensation. Comprehensive health coverage (medical, dental, vision and disability up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents 21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire Your career at Ace is more than just a job. It's a chance to be part of something meaningful. We help locally-owned businesses thrive and make an impact in their communities and we support our employees in doing the same by offering an annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children's Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation Ace invests in every employee we hire, with a key focus on development and coaching. We offer on-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review We know the work environment matters. That's why Ace holds frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales We bring them to you! Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more! Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more Birth / Adoption bonding paid time off Adoption cost reimbursement Employee Assistance Program (EAP) access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events Identity theft protection Benefits are provided in compliance with applicable plans and policies.
New Business Market Development Manager (MDM) For Mn, Nd, Sd & Ne
The New Business Market Development Manager (MDM) for MN, ND, SD & NE manages the business development process in their respective region of the country. The goal is to efficiently and systematically increase Ace's market share via our new store growth strategy.
What you'll do :
- Recruit, educate, and motivate potential candidates. This includes sales, the development of a business plan and consulting with existing Ace retailers, new investors and competitor conversion or acquisition candidates.
- Execute the technical operating procedures from Interest-to-Application. As the expert in the field, they are responsible for everything from demographic work, trade potential, sales forecasting, site audit, and the expansion area notification process, creating the proforma and securing approval from all stakeholders, executing the letter of intent (LOI), assisting with securing financing, and completion of the Ace membership application following the Standard Operating Procedures.
- Develop the market. This position is required to pursue every opportunity in a market as it relates to potential candidates (new investors, existing Ace retailers, conversion prospects or acquisitions), open markets, real estate site possibilities, lender relationships, broker relationships and public relations. The MDM is the lead on creating momentum in a market through the combination of their market diligence and their Ace advocacy with these various stakeholders.
What you need to succeed :
Compensation Details :
$100000 - $125000 Per Year
Why should you join our team?
We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You don't often see values like these in most corporate statements, but Ace is different. These things are important to us. They represent our commitment to the company, our employees, to Ace retailers and to the Ace brand.
In addition to providing our employees a great culture, Ace also offers competitive benefits
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Market Development Manager • Minneapolis, MN, US
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