Loop is a company dedicated to optimizing the value of its partnerships with merchants. As a Merchant Success Manager, you will focus on ensuring merchant success through onboarding, ongoing support, and strategic account management, while driving revenue retention and expansion goals.
Responsibilities:
- Be accountable to revenue retention and expansion goals for Loop’s mid-market merchants
- Your main priority is to make our merchants successful, and you’ll use any and all of your resources to make it happen
- You’ll be responsible for contract renewals and retention for your accounts and have a commission component tied to revenue retention, which includes conveying the value Loop provides to our merchants and our differentiators when compared to competitors
- You’ll have a quarterly quota for expansion, which you’ll accomplish by identifying and closing expansion opportunities with your assigned accounts
- You’ll partner cross-functionally with Account Executives to cross-sell our products to your existing merchant base
- Host quarterly business reviews with your key accounts, showing up with content that proves how Loop provides them value and illustrating how we can grow together
- Engage in regular, creative touchpoints with your accounts to get in front of any issues prior to renewal and avoid merchant churn
- Increase the usage and adoption of all Loop’s features by communicating new feature updates to your accounts, focusing on the value they’ll provide that specific merchant
- Make Loop better by talking to merchants constantly and reporting product enhancement themes and feedback to the rest of the Merchant Success team
Requirements:
- 3+ years of customer success or account management experience with mid-market or enterprise businesses for B2B SaaS products
- Experience working with the ecommerce industry
- Managed accounts for a long enough period of time that you oversaw the renewal process with them
- Successfully renewed many accounts
- Accountable for revenue goals, and have accomplished (or exceeded!) them in the past
- Tried and true ways to uncover and close new opportunities with accounts
- Involved in merchant communications in prior roles, either owning 100% of your communications or partnering with marketing teams
- Love data, and have established processes to extract data, analyze it and create compelling value stories for customers
- Proactive interactions and strong relationships with customers have directly contributed to mitigating churn
- Creating exceptional partnerships with customers
- Understanding the different stages of the customer journey
- Examples of how you've thoughtfully shared customer feedback that led to updates to your product