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Product Manager
2 months ago
At Tower Group, we are seeking a highly skilled and experienced Product Manager to join our team. As a Product Manager, you will be responsible for developing and executing business strategies to drive sales and revenue growth for our cloud and storage solutions.
Key Responsibilities:- Develop and execute business strategies to drive sales and revenue growth for our cloud and storage solutions.
- Understand the development strategy for our vendors and implement it in the SBM sector.
- Increase customer coverage and count for our vendors and Pinnacle.
- Increase vendor product coverage for our vendors.
- Increase geographic coverage for our vendors.
- Define and document a development plan with each partner and focus on execution.
- Review the plan every quarter.
- Present the status of the development plan back to the vendor.
- Train and up-skill partners and Pinnacle.
- Develop partners to grow sales and presales resources.
- Train on vendor sales tools.
- Train on vendor processes and systems.
- Manage minimum certification levels of partners.
- Involving partners in vendor training and events.
- Ensure operational excellence of vendors within partners.
- Place orders on vendor timeously.
- Provide fast and accurate quotes.
- Pass credits by vendor and to reseller/partner.
- Ensure ETA and delivery information.
- Escalate partner operational issues at vendor and focus on resolution.
- Align vendor resources to partners.
- Ensure stakeholders at vendor interface with stakeholders at partner at the following levels: Technical, Presales, Sales, Management, Marketing.
- Work with partners to drive marketing initiatives on behalf of vendors, including marketing events, tele-campaigns, internal incentives, promotion of vendor events, and driving vendor GTM's with partners.
- Manage vendor sales process.
- Deal registration.
- Discount management.
- Lobby support for partners at vendor.
- Margins management (ensuring integrity of channel pricing).
- Vendor sales funnel management and reporting funnel to vendor.
- Enlist vendor support to drive opportunity to closure.
- Vendor relationship management.
- Ensure relationships are maintained with key vendor contacts required to be successful quarterly review for partner.
- Solution focus for each partner.
- Vendor focus for each product.
- Take ultimate responsibility for revenue target allocated to partner.
- Drive Pinnacle product focus within each respective partner.
- Be custodian of vendor relationship at partner.
- Ensure vendors' products are top of mind with all key stakeholders within partner.
- Analyze market segments and develop marketing strategies to build product demand by creating effective solutions and awareness of product and brand.
- Provide marketing plans and GTM plans for sales team.
- Liaise with vendor and industry to understand product and market trends and amend plans accordingly to ensure efficient product life cycle management and maximize opportunities.
- Clearly communicate product, market strategy, objectives, and technical.
- Strategic account management plan for all channel partners to be presented once a quarter as part of quarterly review.
- Monitor inventory (inventory turns, stock ageing, stock days, obsolesces, stock outs) in order for stock to meet all key performance indicators.
- Negotiate targets, rebates, co-op marketing funds, stock rotation, pricing, and supply.
- Manage backorder and warranty return.
- Ensure customer-related queries are effectively dealt with and solved.
- Assist team with other related functions when and where required.
- Submit Weekly/Monthly/Quarterly reports as required by management, vendors, and analysts.
- Matric with mathematics is essential.
- Sales and Marketing qualification and/or relevant diploma is preferred.
- 2 to 3 years IT sales experience is essential.
- Previous IT distribution experience will be an advantage.
- Excellent knowledge of MS Office suite is essential.
- Knowledge of CRM and ERP system is preferred.
- Knowledge of process critical in sales e.g. RMA's & deliveries.
- Service quality orientated.
- Ability to work under pressure.
- Relevant technical knowledge and technology driven.
- Customer focused.
- Excellent time management.
- Well organized.
- Copes effortlessly within a high stress and pressurized environment.
- Willing to go the extra mile.
- Self-actualization (capacity to assert oneself).
- Motivation (ability to motivate others).
- Negotiation (in a spirit of co-operation with the aim of an amicable outcome).
- Tact (courteous, diplomatic, respectful manner).
- Excellence orientation (set and achieve high standards & ongoing improvement).
- Feedback (provide positive, helpful & productive feedback).
- Liaison (establish effective personal contact / channel for Communication between parties).
- Written communication (convey information through written instruction).
- Decisiveness (ability to make decisions, render judgment, take action & apply corrective measures).
- Well-groomed and highly presentable.
- Well organized individual.
- High attention to detail.
- Assertive and positive individual.
- High level of energy.
- Team player.
- Motivated and driven.
- Self-starter, self-confidence, and self-driven.
- A high level of perseverance.
- Be patient, tolerant, and diplomatic.
- Problem solver.
- Positive attitude.
- Proactive individual.
- Analytical thinker.