Product Development Manager
1 month ago
We are seeking a Product Manager to join our team at Auctoro Recruitment. This is an exciting opportunity to work with a well-known organisation in Somerset, contributing to the development of their product portfolio.
As a Product Manager, you will be responsible for developing strategic direction and business performance of the product portfolio. This will involve taking ownership of product research requirements, product/technical specifications, identifying, developing, and launching new products. You will also collaborate with the senior sales team to deliver category development and increased market share.
Key Responsibilities:
• Analyse key financial deliverables, including £GSV, £SGM, SGM%, Vitality rate, product mix, and cost management.
• Manage budgets to deliver NPD and product enhancement activities, from range extensions to new product categories.
• Aid the delivery of strategic product category plans, outlining business direction and objectives, including a 3-year rolling roadmap for NPD requirements via third-party sourcing/manufacturing.
• Ensure all aspects of the NPD process are followed and delivered.
• Validate NPD opportunities aligned to business strategy in conjunction with Engineering & International teams.
• Deploy promotional products in line with channel and communication strategy, focusing on results-driven outcomes.
• Be a product expert across Retail, Spec, and competitor ranges, providing channel support.
• Develop in-depth market knowledge of macro environments and end-users within all distribution channels, driving market research requirements.
• Implement product discontinuations, introductions, CPR, pricing, positioning, and hierarchy, requiring final approval from the Head of Product Management.
• Manage NPD throughout its lifecycle, including financial validation, design concepts, performance specification, testing, packaging, and launch preparation, in conjunction with the comms team.
• Develop promotional activities, including product development and amendments as required.
• Conduct category research requirements and data needs.
KEY SKILLS:
• Significant experience (3-5 years minimum) in a Product/Category Management role.
• Business/Marketing degree qualified with additional qualifications in product/category management.
• High commercial aptitude, with the ability to analyse and review data and substantiate projects.
• Proven track record of evaluating and developing strategic market opportunities.
• Excellent influencing skills, with the ability to present at all levels and manage external stakeholders.
• A positive and motivated individual, with high organisation and project management skills.
• Ability to work in a fast-paced environment, with flexibility to adapt.
• Professional communication skills, both written and verbal, with exceptional levels of accuracy and attention to detail.
• Proficient IT and Reporting skills.
• Ability to work individually as well as part of a team.
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