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Product Manager

1.00 to 10.00 Years   Jeddah , Saudi Arabia   31 Dec, 2020
Job LocationJeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

  • Develops the product strategy and manages the marketing programs that drive demand for the concerned product.
  • Monitors and predicts product related trends in the targeted markets, and maintains competitive awareness within these markets.
  • Identifies opportunities within the markets to deliver profitable Electronic products.
  • Develops the product lifecycle and works closely with relevant functions to create appropriate promotions (i.e. collateral, supporting material. web content) for the respective product.
  • Establishes relationships with key customers and accounts at the appropriate level.
  • Ensures providing a proper support to Sales in all aspects related to the concerned product.
  • Develops the product marketing messages and promotions in line with the overall Marketing strategy and plans.
  • Reviews product related actual sales results and numbers, compare to planned sales and product strategy/roadmap, and react accordingly.
  • Offers knowledge and experience to any appropriate product sales channels or discussions required to help the overall growth and improvement.
  • Conducts and participates in marketing research for the demand of the concerned product, and keeps abreast of new products locally regionally and internationally.
  • Plans the launch of new products and manages the cross-functional implementation of the plan.
  • Manages product presentations and relevant training answers sales inquiries and complaints, and provides the solutions (i.e. support materials).
  • Reviews and consolidates product-related reports and statistics, and report on product profitability to requesting parties, as applicable.
  • Initiate contractual negotiations with principle companies to obtain closure on the following aspects:
  • Product lines to be supplied by the Principal
  • Projected volumes of each product line
  • Terms of credit and contract period as per the company policy.
  • Promotion support from Principals in terms of Product, Merchandising, Advertising and cost sharing for the year based on Promotion Plan for the year and the Market Research & Competitor Analysis Reports.
  • Identify new products/ new vendors
  • Source samples from prospective vendors and coordinate with the Service department for evaluation of product performance on various parameters.
  • Net Margins for each product line & product category
  • Adherence to standard quality and cost reduction based on volume
  • Market percentage share in each product category- Kingdom wise & Region wise
  • Volume/ quantity achievement against budget for each product group/ category
  • Perfect documentation & maintenance of records & subsidies.
  • Launch of new products.
  • Quality & Timeliness of Supplier reports & MIS reports (Daily/ Weekly/ Monthly/ half yearly/ Annual)
  • PR with suppliers and internal departments
  • Acceptance to any new assignment decided by the management related to Product planning & Marketing

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