Posted by
Posted in
Sales & Marketing
Job Code
1683257

Market Analysis:
- Analyze evolving consumer preferences, such as clean labels, organic products, or personalized nutrition.
- Analyze the market potential including gyms, counselling centers, IT parks, coworking spaces, and D2C platforms or other institutions to pitch in CNE nutrition.
Product Tailoring:
- Develop product architecture based on consumer behaviour and purchase patterns, and collaborate with NPD to validate innovative prototypes that align with Memory Vita and Memory Plus, ensuring a strong Unique Selling Proposition (USP).
- Create action plans with market trend reports on tailoring products/branding initiatives to meet specific customer needs and capitalize on market gaps.
- Involvement in the brand's development process, including monitoring brand health indicators such as customer sentiment and Top of the mind awareness for the nutrition product group.
- Determining which SKUS to introduce, drop, what changes in graphics & packaging to be implemented in each year.
- Defining & setting benchmarks in product development by giving inputs to PD and R&D on change in consumer preferences and tastes.
Strategic Product Placement and Visibility:
- Collaborate with sales function for successful launch of new products, ATL, BTL and TTL activations and ensure awareness and visibility of products.
- Benchmark distribution channels across geographies and retail outlets to optimize brand reach and performance.
- Guide marketing & sales team strategically to select effective retail channels (online and offline) to maximize product visibility, working closely with distribution partners to strengthen market reach.
Marketing Initiatives:
- Approve / Support for appropriate promotion plan along with proposed impact on the sales volume, top & bottom lines.
- Get appropriate budgets allocated for running a Promotional Plan.
- Create, develop and review the marketing promotion plans and study the effectiveness of the ATL and BTL campaign with respect to intended results.
- Engage with external parties to identify opportunities and propose impactful campaigns.
- Suggest growth opportunities to conquer untapped markets and niche segments.
- Plan digital marketing initiatives and use appropriate tools and techniques to maximize the reach.
Budget Management:
- Based on the revenue (Sales Target) and recovery target, prepare annual budget for the entire marketing function.
- Allocate appropriate budgets for running a quarterly rolling brand promotional plan.
- Ensure alignment of the plan with CNE's business priorities and corporate objectives.
- Regularly evaluate budget utilization and adjust strategies to optimize ROI, ensuring Memory Vita & Memory Plus brand remains competitive and effective in capturing market share.
MIS Reporting/ MRMs:
- Submit periodic reports on marketing action points, expenses, corrective actions taken and its effectiveness to Managing Partner.
- Report Managing Partner/ Management about progress and critical areas of attention during MRMs
- Must prepare for travel and analyze markets at least for a minimum of 2 to 6 days in a month.
People Development:
- Lead the marketing team and guide them to perform their jobs well and ensure results.
- Train and mentor the marketing team to enhance their capabilities to successfully handle future job/ role.
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Posted by
Posted in
Sales & Marketing
Job Code
1683257