Group Product Manager

Thornton Tomasetti; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Abbott in Mumbai, within the EPD Established Pharma division, seeks a marketing and sales strategist to implement a differentiated strategy for complex products.

You will conduct market research, oversee product development, set prices, launch campaigns, and monitor performance, with travel 25% of the time.

Qualifications

• Associates Degree (± 13 years) The base pay for this position is N/A In specific locations, the pay range may vary from the range posted.

Responsibilities

• Conduct market research, oversee product development and design, set prices, launch new products, oversee advertising campaigns.
• Monitor sales performance to effectively market assigned products/services.
• Monitor, analyze, and evaluate domestic and international market trends, consumer behavior and competitor activity.
• Identify product/service changes to meet customer needs and liaise with production/R&D to implement these changes.
• Prepare sales forecasts and budgets; monitor sales volume, revenues and costs against forecasts.
• Adapt plans to improve the sales performance of the product/service and liaise with advertising and promotions specialists to design campaigns.

Skills

Market research

Product development

Pricing strategy

Advertising campaigns

Sales forecasting

Education

Associates Degree

Job description

JOB DESCRIPTION: MAIN PURPOSE OF ROLE

Summarize the main purpose of the role. Implement a marketing and sales strategy for one or more of the organization's more complex, controversial, or strategically significant products/services in order to meet established sales or market share targets.

MAIN RESPONSIBILITIES

• Conduct market research, oversee product development and design, set prices, launch new products, oversee advertising campaigns, and monitor sales performance to effectively market assigned products/services.
• Monitor, analyze, and evaluate domestic and international market trends, consumer behavior and competitor activity to identify market opportunities for the product/service.
• Monitor, analyze, and evaluate product performance and customer feedback to generate new product ideas.
• Identify product/service changes to meet customer needs.
• Liaise with other areas of the organization (e.g., production, R&D) to implement these changes.
• Prepare sales forecasts and budgets.
• Monitor sales volume, revenues and costs against forecasts.
• Adapt plans to improve the sales performance of the product/service.
• Liaise with advertising and promotions specialists to design sales campaigns and sales collateral for the product/service that are effective and appropriate for the target audience.

Education Level

Associates Degree (± 13 years) The base pay for this position is N/A In specific locations, the pay range may vary from the range posted.

JOB FAMILY: Product Management

DIVISION: EPD Established Pharma

LOCATION: India > Mumbai : BKC Building

ADDITIONAL LOCATIONS:

WORK SHIFT: Standard

TRAVEL: Yes, 25 % of the Time

MEDICAL SURVEILLANCE: Not Applicable

SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges.

We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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