Assistant Product Manager
Hamilton Housewares (Milton)
Mumbai, Maharashtra, India
Key Responsibilities:
Revenue, GP and Market Share:
- Drive primary & secondary marketing strategy to ensure the delivery of AOP of the existing and new products of the respective product categories, for the revenue and GP targets.
- Prescribe the pricing of the product vis-a-vis competition and the entire profitability analysis that goes with it.
- Ensuring the delivery of budgeted GPs by constantly monitoring the input costs and the necessary price corrections.
New Product Development:
- Understand consumer insights for the categories, monitor, analyse, and evaluate market trends, and competitor activity to identify new opportunities for the brands.
- Developing a new product pipeline based on innovation, consumer insights, channel members and peers.
- Lead complete stage-gate process management from ideation to product commercialization.
- Liaise with factory as well as the mold manufacturer for product developments and improvements
PLC (Product Life Cycle) Management:
- Manage the product’s pricing strategy and the required margins basis the PLC.
- Packaging of the product and its look and feel and innovative ways to present it including the aesthetic designs.
- Coordinating with the creative/design team for this purpose.
Sales Promotion and Brand Building:
- Brand building through increased brand visibility by way of marketing collateral support.
- Development of digital platform for brand building.
- Effectively communicate the value proposition through proposals and presentations.