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1872 Consulting

Product Manager, Residential Accessories

1872 Consulting, Oak Brook, Illinois, United States, 60523


Product Manager, Residential AccessoriesGreater Chicago area –

Hybrid onsite 3 days per week

Role SummaryIn this role, you will develop, communicate, and implement product strategy for products within the company's residential business unit. Specifically, managing both the hardware and software specifications of each product.

Responsibilities:

Develop, communicate and implement product strategy for assigned business unit product category; deliver brand strategy, product category management, integrated marketing planning and pricing strategiesDrive annual and multi-year operating plans and results for their product category, which is aligned to our overall business objectives (revenue, gross profit, operating income, quality, delivery, cost and innovation); track product category financial performance; ensure organizational alignment of product category priorities and goalsSupport achievement of full P&L objectives for the assigned product categories, driving profitability, volume growth and market share, as well as execution of product and servicesOwn achievement of product category average net selling price and gross margin, recommending and implementing pricing objectives, strategies, and guardrails to extract maximum value on new and existing products; focus on growing revenue through product line mix and average net selling price improvements, improving margin through cost reductions and updating product line with incremental innovation, growing engagement through improvements to user experienceDefine and communicate the product category vision in support of the business unit strategy, including maintaining a clear product roadmap aligned to business goals in the short- and long-term; emphasis should be on fast-paced new product development and releases, sustaining product support and insight driven; product strategy should include both hardware and software focus in order to deliver compelling user experiencesDevelop and implement the strategy for their product offering, brand, and channels; partner with marketing, sales, and customer experience leaders to develop go-to-market strategies to win in targeted customer segments; lead the creation of end-to-end operational plans to drive profitably, grow and scale the business; work cross functionally to ensure achievement of product line objectivesServe as a Product Owner leading the development and owning the implementation and sustaining of end user connected experiences, including uncovering real-time consumer insights, driving user experience requirements, creating business cases and winning value propositions, and leading cross-functional development teamsEnsure cross-functional marketing team has the necessary processes and procedures in place to manage the quality, cost, and delivery of products; identify areas for improvement, propose improvements to leadership and ensure team takes action when corrections are neededDevelop a clear after-sales and service strategy to ensure customers are cultivated and supported in the long term, with the Customer Experience and Marketing teams, as appropriateProvide product content guidance and prioritization, integrated marketing planning and pricing strategies, facilitating and/or leading daily scrum activities, and executing against clearly defined timelines

Requirements:

3+ years of experience in Product Management focusing on Smart Home/IoT productsExperience working on Electromechanical or Consumer ElectronicsAble to travel up to 25%Nice to have:

Master's in Business Administration (MBA)Technical product development experience with overseas OEM/ODM vendors

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