Overview: IDEAL has made its mark by developing the iconic products and practical technology demanded by critical industries like data communications, aerospace, electrical, wire processing, automotive, construction and more. Since the beginning, IDEAL INDUSTRIES has been a growing, energetic company, and that’s never been more true than today. It’s always been a compelling place to work and we’re poised for even more growth as we continue to move across the globe. With growth comes opportunity—and at IDEAL INDUSTRIES, the opportunity can be yours.
Responsibilities:The Product Manager is responsible for supporting the Business Unit’s long term strategic plan by managing the product portfolio to drive sales, margin, and market share gain. The Product Manager will work with the Director of Marketing and Business Unit Manager to develop and execute the strategic plan for the business, focusing on the existing product portfolio, pricing, sales strategies, training and customer events.
- Work with Director of Marketing and Business Unit Manager to develop and execute the growth strategy for the IDEAL Datacom product portfolio and market segment.
- Responsible for achieving revenue targets and optimizing margin for the Datacom product portfolio.
- Work to continually improve the product portfolio through market research and new product development and lifecycle management of the line.
- Develop and execute Go-To-Market strategies for all new product launches, working cross functionally with Engineering, Marketing Communications, and Sales to ensure success.
- Responsible for production and delivering training programs for sales and distribution.
- Work with Strategic Pricing Manager to develop and maintain product pricing structure, including promotional calendar.
- Continually improve knowledge of size and share of markets into which product portfolio can be sold.
- Work with operations to manage inventory levels and support business unit goals.
- Partner with the Sales and Marketing teams on the execution of business unit and product strategies.
- Responsible continual understanding of the competitive landscape, (including the analysis and comparison of pricing, product features, performance, applications, and innovation) to drive ongoing strategy
Qualifications:- Bachelor’s degree in a related field or equivalent experience. Engineering degree considered a plus.
- 5-7 years product management experience or related field with technical products.
- Experience in data communications or low-voltage related field considered a plus.
- Experience in managing multiple products that are designed to work together in a system solution.
- Experience in related professional market channels and big box retail is a plus.
- Demonstrated sense of urgency and self-motivation for delivering marketing strategies to grow product sales.
- Previous experience developing short and long range marketing plans for both business and product.
- Demonstrated ability to develop winning Go-To-Market strategies.
- Proven ability to develop and manage pricing strategies.
- Knowledge and successful application of 4 Ps of Marketing
- Able to gather and use appropriate data to drive product decisions with proven success
- Must be able to effectively drive team results
- Excellent project management skills