Product Analyst

Twenty Twenty Consulting Ltd; Heckmondwike; On-site; GBP 34,000 - 40,000; Full time

Job summary

A consulting firm in the UK is seeking a Product Analyst/Product Manager to analyze product performance and support product lifecycle management. The role offers progression to a Product Manager after 12 months with salary increase potential. Responsibilities include providing insights on sales performance, managing product documentation, and collaborating with the sales team on product feedback. Experience in product marketing and handling large data sets is crucial for success in this position.

Benefits

25 days holiday + bank holidays

Pension Scheme

Free Parking

Qualifications

• Proficient in analysing large data sets to make product recommendations.
• Comfortable dealing with sporadic data sources for competitor analysis.
• Experience in product marketing and product lifecycle management is advantageous.

Responsibilities

• Analyse product performance to ensure competitive positioning.
• Provide monthly reports on sales performance and competitor movement.
• Collaborate with teams to maintain lifecycle plans for product categories.

Skills

Data analysis

Competitor analysis

Project management

Product marketing

Job description

Job Title: Product Analyst / Product Manager

Department: Product Marketing

Reporting to: Product & Marketing Manager

Excellent Benefits including 25 days holiday + bank holidays, Pension Scheme, Free Parking.

My client is seeking an experienced Product Analyst who is looking for progression to a Product Manager role. After an initial 12 months in the role of Product Analyst the role will evolve into a Product Manager role for the right candidate.With that will come an increase in salary to circa £40,000.

Responsible for: Supporting the management of my clients product range through providing detailed insight into the sales performance and competitive positioning of the product categories and feeding this insight into lifecycle plans for each product category

Job Purpose: To ensure my clients product range is competitively positioned

Main Duties and Responsibilities

As the product analyst you will be responsible for analysing the performance of products to ensure the products are competitively positioned in terms of feature set and price. You will also take responsibility for ensuring products have the appropriate documentation and all stages of the launch process are followed for any new products or product changes

You will also be responsible for analysing sales prices of the product portfolio and recommending areas where my client can optimise margin

The Product analyst will be responsible for providing a suite of monthly reports that track competitor movement and the sales performance, providing insightful commentary on any trends and recommending changes to the product portfolio

You will work closely with the product manager and product & marketing manager to maintain lifecycle plans for each product category to plan the next 18 months of product development

You will also ensure all new products that are recommended for launch have an approved business case which will be used to measure the success of product launches through tracking of launch KPIs

The product analyst will work closely with the sales team to launch collate product feedback, including new product requests, and feed this back into the product team

The product analyst will be expected to manage end of life notifications from suppliers and work with the Product Manager to ensure alternative products are sourced and launched prior to the outgoing product selling out of stock to ensure no disruption to customers

With over 10,000 products there are always changes to the product landscape in the pipeline and the product analyst will be expected to support in the launches of these changes, driving the completion of various tasks from colleagues in various departments

Experience Required

The successful candidate will be proficient in analysing large data sets and distilling the important information into recommendations to improve sales performance and margin of products. The candidate must also be comfortable in dealing with sporadic data sources when it comes to

completing competitor analysis and must be comfortable taking the initiative in obtaining information

The successful candidate will also be comfortable tracking deadlines and driving the delivery of tasks outside of the product department. Experience in product marketing with a good understanding of product lifecycle management will be a major advantage in securing this role