Who is a business product manager?
A business product manager understands the needs and desires of consumers and the technical processes required to develop and manufacture products and services that tend to meet the expectations of customers. They are also able to assess the marketplace and hence drive high-quality engineering processes while being great communicators and innovators who are results and data-driven.
What does a business product manager do?
A business product manager is the one who controls the overall business strategy that includes a specific product that needs proper sales to be brought in. They will also help decide what are the types of products that need to be developed. They need to stay on top of business and consumer trends and behaviors that will either directly or indirectly affect the products of the company. In this role, the main role will be entailed with either the product or the services that the company is providing.
Job brief
Are you a passionate business product manager who is looking for a new challenge and an opportunity to advance your career into a great working environment? Well, then if you aim for this, then we have the right position open for you.
We are looking for a candidate who will join our product management dream team and define while leading the execution of our various products that are involved.
Duties and Responsibilities
The duties and responsibilities can be provided as follows:
- Know all the customer’s needs through market and research data
- Assess competition by comparing competitor products
- Create long- and short-term product sales predictions and analyses for management
- Work directly under the sales director to create product sales strategies
- Review inventory levels and production schedules for product availability
- Market new products to market with ROI analysis
- Create product marketing communications objectives
- Work with customers and sales to evaluate sales call results
- Schedule and assign operational requirements to follow up on work results
- Manage the product team which includes coaching, planning monitoring, and job appraisal along with disciplinary actions
- Continue professional and technical education, attending seminars, workshops, etc.
Key requirements
The key requirements of a business product manager can be provided as follows:
- Product management and product development
- People management and customer reach
- Competitive analysis
- Financial planning and strategy
- Sales planning and inventory control
- Requirements analysis including pricing and planning
