Job description
Product Manager Job Responsibilities:
Develop products by identifying potential products; conducting market research; generating product
requirements; determining specifications, production timetables, pricing, and time-integrated plans
for product introduction; developing marketing strategies.
Job Description:
- Determine customers' needs and desires by specifying the research needed to obtain market
information.
- Recommend the nature and scope of present and future product lines by reviewing product
specifications and requirements; appraising new product ideas and/or product or packaging
changes.
- Assess market competition by comparing the company's product to competitors' products.
- Provide source data for product line communications by defining product marketing communication
objectives.
- Obtain product market share by working with sales team to develop product sales strategies.
- Assess product market data by calling on customers with salespeople and evaluating sales call
results.
- Provide information for management by preparing short-term and long-term product sales forecasts
and special reports and analyses; answering questions and requests.
- Facilitate inventory turnover and product availability by reviewing and adjusting inventory levels and
production schedules.
- Bring new products to market by analyzing proposed product requirements and product
development programs; preparing return-on-investment analyses; establishing time schedules with
engineering and manufacturing.
- Introduce and market new products by developing time-integrated plans with sales, advertising,
and production.
- Determine product pricing by utilizing market research data; reviewing production and sales costs;
anticipating volume; costing special and customized orders.
- Maintain professional and technical knowledge by attending educational workshops; reviewing
professional publications; establishing personal networks; participating in professional societies.