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For Companies At a Glance
- Tasks: Lead product strategy and development for an industry-leading company.
- Company: Join a well-known organization with exciting growth opportunities.
- Benefits: Enjoy a dynamic work environment with potential for remote collaboration.
- Why this job: Be part of a pivotal role that drives innovation and market success.
- Qualifications: Experience in product management and strong analytical skills required.
- Other info: Collaborate with international teams to launch new products.
Product Manager We are working exclusively with an extremely well-known, industry leading organisation on the lookout for a Product Manager to join their team in Somerset. This is an incredible opportunity to join a fantastic company with exciting times ahead. Reporting to the Head of Product Management, this role will be accountable for developing strategic direction and business performance of the product portfolio, taking responsibility for aiding the delivery of profitable growth via range development and enhancement. This pivotal role will take a supporting position in managing product research requirements, product / technical specifications, identifying, developing and launching new products and collaborating with the senior sales team to deliver category development and increased market share. This role includes collaboration with China & EU based suppliers to develop or adapt NPD suitable for the product category market. Key Responsibilities: * Accountable for analysing key financial deliverables including, £GSV / £SGM / SGM% / Vitality rate / product mix / cost management * Budget responsibility to deliver NPD and product enhancement activities from range extensions through to new product categories * Aid the delivery of strategic product category plans outlining business direction and objectives including 3 year rolling roadmap for NPD requirements via third party sourcing/manufacturing * NPD process ownership – ensure all aspects of process are followed and delivered * NPD commercial validation to exploit commercially viable NPD opportunities aligned to business strategy in conjunction with Engineering & International teams * Promotional product deployment in line with channel and communication strategy – results driven * Be a product ‘expert’ across Retail / Spec and competitor ranges – channel support * In-depth market knowledge of macro environment and end users within all distribution channels – drive market research requirements * In-depth market knowledge of specification, retail and export channels and end users to tailor launch message to key audience * Implement product discontinuations / introductions / CPR / pricing / positioning / hierarchy (final approval needed for HoPM) * NPD – full lifecycle management including financial validation, design concepts, performance specification, testing, packaging, and launch preparation in conjunction with comms team * Promotional activity – product development / amendments as required * Category research requirements / 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 field * High degree of commercial aptitude; 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 a high level of organisation and project management skills * Used to working in a fast-paced environment – flexibility to adapt is essential * Professional communication skills both written and verbal; numerate and literate; with exceptional levels of accuracy and a high attention to detail * Proficient IT and Reporting skills * Ability to work individually as well as part of a team By applying for this position, you authorise Auctoro Recruitment to hold your personal details on file for use in finding you a suitable position. Auctoro Recruitment will never transfer your information to a third party without your prior consent
Product Manager employer: Auctoro Recruitment
Contact Detail:
Auctoro Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager
✨Tip Number 1
Familiarize yourself with the latest trends in product management and the specific industry of the company. This will help you speak confidently about how you can contribute to their strategic direction during interviews.
✨Tip Number 2
Network with current or former employees of the organization on platforms like LinkedIn. They can provide valuable insights into the company culture and expectations for the Product Manager role.
✨Tip Number 3
Prepare to discuss your experience with NPD (New Product Development) processes and how you've successfully managed product portfolios in the past. Be ready to share specific examples that demonstrate your impact.
✨Tip Number 4
Research the company's product portfolio thoroughly. Understanding their current offerings and identifying potential areas for growth will allow you to propose innovative ideas during your interview.
We think you need these skills to ace Product Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Product Manager position. Understand the key responsibilities and required skills, so you can tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in product management, particularly in areas like NPD (New Product Development), financial analysis, and collaboration with suppliers. Use specific examples to demonstrate your achievements.
Showcase Strategic Thinking: Since the role involves developing strategic direction, include examples of how you've successfully contributed to strategic planning or business performance in previous roles. This will show that you can think critically about product development.
Tailor Your Application: Customize your cover letter to reflect your enthusiasm for the company and the specific role. Mention why you are excited about the opportunity to work with their product portfolio and how your skills align with their goals.
How to prepare for a job interview at Auctoro Recruitment
✨Understand the Product Lifecycle
Make sure you have a solid grasp of the product lifecycle and how it applies to the role. Be prepared to discuss your experience with product development, from ideation to launch, and how you've contributed to each stage.
✨Showcase Your Analytical Skills
Since the role involves analyzing key financial deliverables, come ready to demonstrate your analytical skills. Prepare examples of how you've used data to drive product decisions or improve performance in previous roles.
✨Highlight Collaboration Experience
This position requires collaboration with various teams, including sales and suppliers. Share specific examples of successful cross-functional projects you've been involved in and how you navigated challenges in those collaborations.
✨Prepare for NPD Discussions
Given the focus on new product development (NPD), be ready to discuss your approach to identifying market needs and developing products that meet those needs. Think about past experiences where you successfully launched a product and the strategies you employed.
