ROLES & RESPONSIBILITIES
As a Senior Product M
arketing
Specialist, you will play a pivotal role in driving the growth and innovation of our company by conducting in- depth market research, analyzing industry trends, and identifying new product opportunities. Leveraging your expertise in market analysis, you will provide strategic insights that guide the development of new product ideas, ensuring they align with customer needs and market demands.
Job Descriptions:
Market Research and Analysis:
· Lead and execute comprehensive market research initiatives to gather data on industry trends, competitive landscape, and emerging market dynamics.
· Analyze market data to identify growth opportunities, potential gaps, and areas for differentiation.
New Product Development:
· Collaborate with cross- functional teams to brainstorm and develop new product concepts that address market needs, customer pain points, and strategic goals.
· Stay updated on industry trends, technological advancements, and consumer behavior to identify potential opportunities for innovation.
· Refine selected new product ideas into detailed concepts, outlining key features, benefits, and potential market positioning
· Collect, analyze, and synthesize customer feedback, reviews, and behavioral data to uncover insights that inform new product ideation.
· Monitor competitors‘ products and strategies to identify gaps in the market and potential areas for differentiation.
· Collaborate with stakeholders, and internal teams to validate new product concepts and gather feedback for refinement.
· Evaluate the feasibility of new product ideas by considering technical requirements, market demand, and potential return on investment.
Category Management:
· Develop and execute category strategies that drive growth, profitability, and customer satisfaction.
· Implement comprehensive category strategies aligned with overall business objectives.
Business Case Preparation & Presentation:
· Prepare comprehensive business cases that include market analysis, financial projections, and strategic alignment.
· Present new product ideas and business cases to executive leadership and cross- functional teams, effectively conveying value propositions and market potential.