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- Tasks: Analyse product performance and provide insights to optimise sales and margins.
- Company: Join a dynamic company with excellent benefits and growth opportunities.
- Benefits: Enjoy 25 days holiday, pension scheme, free parking, and a competitive salary.
- Why this job: Kickstart your career as a Product Analyst and progress to a Product Manager role.
- Qualifications: Experience in data analysis and product marketing is a plus.
- Other info: Collaborate across departments in a fast-paced environment with over 10,000 products.
The predicted salary is between 36000 - 60000 £ per year.
Department: Product Marketing
Reporting to: Product & Marketing Manager
Excellent Benefits including 25 days holiday + bank holidays, Pension Scheme, Free Parking.
My client is seeking an experienced Product Analyst who is looking for progression to a Product Manager role. After an initial 12 months in the role of Product Analyst, the role will evolve into a Product Manager role for the right candidate. With that will come an increase in salary to circa £40,000.
Responsible for:
- Supporting the management of my client's product range through providing detailed insight into the sales performance and competitive positioning of the product categories and feeding this insight into lifecycle plans for each product category.
Job Purpose:
To ensure my client's product range is competitively positioned.
Main Duties and Responsibilities:
- As the product analyst, you will be responsible for analysing the performance of products to ensure the products are competitively positioned in terms of feature set and price.
- You will also take responsibility for ensuring products have the appropriate documentation and all stages of the launch process are followed for any new products or product changes.
- You will also be responsible for analysing sales prices of the product portfolio and recommending areas where my client can optimise margin.
- The Product Analyst will be responsible for providing a suite of monthly reports that track competitor movement and the sales performance, providing insightful commentary on any trends and recommending changes to the product portfolio.
- You will work closely with the product manager and product & marketing manager to maintain lifecycle plans for each product category to plan the next 18 months of product development.
- You will also ensure all new products that are recommended for launch have an approved business case which will be used to measure the success of product launches through tracking of launch KPIs.
- The product analyst will work closely with the sales team to collate product feedback, including new product requests, and feed this back into the product team.
- The product analyst will be expected to manage end of life notifications from suppliers and work with the Product Manager to ensure alternative products are sourced and launched prior to the outgoing product selling out of stock to ensure no disruption to customers.
- With over 10,000 products, there are always changes to the product landscape in the pipeline and the product analyst will be expected to support in the launches of these changes, driving the completion of various tasks from colleagues in various departments.
Experience Required:
- The successful candidate will be proficient in analysing large data sets and distilling the important information into recommendations to improve sales performance and margin of products.
- The candidate must also be comfortable in dealing with sporadic data sources when it comes to completing competitor analysis and must be comfortable taking the initiative in obtaining information.
- The successful candidate will also be comfortable tracking deadlines and driving the delivery of tasks outside of the product department.
- Experience in product marketing with a good understanding of product lifecycle management will be a major advantage in securing this role.
Product Analyst in Heckmondwike employer: Twenty Twenty Consulting Ltd
Contact Detail:
Twenty Twenty Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Analyst in Heckmondwike
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Show them you’re not just another candidate; you’re genuinely interested in their product range and how you can contribute to its success.
✨Tip Number 3
Practice your data analysis skills! Be ready to discuss how you've used data to drive decisions in past roles. Bring examples of how your insights led to improved sales performance or product positioning.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Product Analyst in Heckmondwike
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Analyst role. Highlight your experience with data analysis and product marketing, and don’t forget to showcase any relevant projects that demonstrate your skills in managing product lifecycles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention your passion for product management and how your analytical skills can help us optimise our product range.
Showcase Your Analytical Skills: Since the role involves analysing large data sets, make sure to include examples of how you've successfully used data to drive decisions in previous roles. We love seeing how you can turn numbers into actionable insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Twenty Twenty Consulting Ltd
✨Know Your Data
As a Product Analyst, you'll be dealing with large data sets. Make sure you brush up on your data analysis skills before the interview. Be prepared to discuss how you've used data to drive decisions in past roles and have examples ready that showcase your ability to distill complex information into actionable insights.
✨Understand the Product Lifecycle
Familiarise yourself with product lifecycle management concepts. Be ready to talk about how you would approach managing a product from launch to end-of-life. This will show that you understand the responsibilities of the role and can think strategically about product positioning and development.
✨Competitor Analysis is Key
Since you'll be analysing competitors, do some homework on the company's product range and its competitors. Prepare to discuss trends you've noticed in the market and how they could impact the company's products. This shows initiative and a genuine interest in the role.
✨Collaboration is Crucial
You'll be working closely with various teams, so highlight your teamwork skills. Think of examples where you've successfully collaborated with others to achieve a common goal. This will demonstrate that you're not just a data whiz but also a team player who can drive projects forward.
