Manager - New Product Development & Marketing - Consumer Durable - IIM/MDI/ISB/FMS

Hiring for a Heavily Funded Start Up "AceFour" founded by Big Industry Players in Mumbai

Role : New Product Development & Marketing

Required Knowledge, Skills, and Abilities :

- Has good problem-solving abilities

- Demonstrated ability to coordinate and complete Market research to generate insights and Ideas

- Demonstrated ability to get Prototypes made and test in quick time

- Demonstrated ability of successful products that have generated significant revenue

- Demonstrated innovative solutions or designs that have resulted in successful products

- Should be able to think big and has a strong bias for action

- Is able to troubleshoot issues and determine the cause of a plan's success or failure

- Stays current with the latest trends in merchandise

- Possesses strong marketing skills

- Has excellent leadership abilities

- Keeps up to date with changes in the market and technology that would affect new product development

- Proven experience creating targeted content

- Strong knowledge of communication practices and techniques

- Is able to meet deadlines

Essential Duties and Responsibilities of a Product Development Manager :

- Creates a prototype of a new product in order to iron out flaws in the final design

- Determines the process for creating a new item

- Gathers the raw materials necessary to build or create the product being developed

- Performs research in order to determine the best way to produce a particular item

- Prepares reports on the various procedures that have been tried in order to eliminate methods that are unsuccessful

- Oversees product development amongst a team of individuals

- Presents new ideas to corporate executives in order to gain permission to develop product lines

- Prepares a cost analysis on the development of a new product

- Researches patents, copyrights and trademarks in order to make sure there are no infringement issues involved

- Ensures that every phase of a particular project proceeds as scheduled

- Makes adjustments to a development plan whenever the current idea is not working well

- Create informative and interesting press releases, press kits, newsletters, and related marketing materials.

- Create communication and marketing strategies for new products, launches, events, and promotions.

- Supervise projects to guarantee all content is publication-ready.

Educational Background and Work experience

- Candidate should be from Tier 1 MBA schools

- Relevant work experience of at least 2 years in New product development roles