Job Description: Vice President-Marketing
1. Position Description
Job title Vice President - Marketing
Grade : Unclassified
Department : Marketing
Reports to : COO
Direct Reports : AVP-Marketing
Location : Mumbai
Business Manufacturer Of Various Types Of Master Batches
2. Job Purpose
Job Statement
Job purpose
- Ensuring Revenue generation, customer and dealer satisfaction through effective implementation of Marketing strategy
- To improve the organization's market position and penetration across all sectors/applications and all geographic areas while working to achieve sales and financial growth as planned for overall Masterbatch Business by leading the Business Managers & in coordination with the Technical Teams for their assigned regions and Applications.
3. Basic Qualifications
Job Requirements
- Education Engineering/Bachelor's Degree in Polymer / Plastic / Petrochemical Technology or related discipline
- An MBA or advance degree is prerequisite
- Overseas qualifications are an added advantage.
Skills & Knowledge
Necessary
- Knowledge of the Company product line, product applications
- Knowledge of Customer Complaint Handling
- Knowledge of Competitors, their products and their strategies
- Knowledge of Market, Territory
- Knowledge of Strategy Formation and Implementation
- Knowledge of Advertising, Public Relations
- Knowledge of Budgeting
- Knowledge in Extrusion, Film Processing and Moulding is an advantage.
- Good technical knowledge to understand technical issues and product range with respect to customer requirement and ability to provide them with an apt solution
- Ability to work with cross functional and multi-lingual teams with extensive travelling (50% Time) will be required
- Having abilities in business and competitor analysis & mapping
- Strong analytical skills involving international Polymer Industry and Packaging Industry
- Knowledge of CRM, MS Office
- Business acumen
- Working independently
- Holistic approach
- Persuasion Skills
- Prospecting
- Public Speaking
- Research
- Writing Skills
- Closing Skills
- Sales Planning
- Identification of Customer Needs and Challenges
- Territory Management
- Meeting Sales Goals
- Professionalism
- Good Presentation Skills
- Good Communication Skills
- Interpersonal Skills
- People Management Skills
- Leadership Skills
Experience :
- Appropriate and related field experience in Sales Management, Marketing of Master batches, Fillers and Additives of at least 20 years in domestic market
- Experience in an international company is added advantage.
Competencies :
- Change Management
- Customer orientation
- Communication, negotiation
- Relationship Building & Networking
- Flexibility/Adaptability
- Drive for Results
Language requirements :
- Excellent communication skills, specifically in spoken and written English are a must
- Knowledge of other regional languages and dialects will be an added advantage
Roles and Responsibilities
- Tasks Indicators
- Strategy Formulation and Implementation Ensuring market research for strategy formulation
- Creation of effective Marketing strategy to achieve targets
- Overseeing and evaluating market research and adjusting marketing strategy to meet changing market and competitive conditions
- By maintaining extensive knowledge of current market conditions.
- Manage the overall performance of the entire Product Range/ Application, including Color, Black, White and Additive Master batches in regards to
- Sales TU, Margin TU, Achievement of Market Share
- Targets, Planning and Forecasting, New Product Developments and
- Segment Penetrations
- Leading and Motivating the team to achieve targets
- Achieving sales and profitability targets
- Work with the internal teams - Technical and R&D, Marketing staff, and other managers
- Managing team of Sales executives and Key account managers
- Identifying business opportunities
- Negotiating and closing business deals Net Sales
EBIDTA
- Achievement of business performance v/s target
- Accounts receivable (outstanding)
- Year over Year sales growth
- No. of New Products Developed
- Approvals in Key Segments and Applications
- Effective Implementation of Short &long-term organizational strategies and goals in the said regions
- Increased sales opportunities
- Maximization of revenue and overall sales for the organization represented in the said region
- Dealer Management
- Managing an extensive dealer network for optimum utilization of resources to achieve complete penetration in all the geographies. Number of new dealers
- Dealer satisfaction score
- Customer Relationship & Retention
- Maintaining customer relations especially with high value customers.
- Customer rapport building
- Adding new customers
- Building key customer relationships,
- Present new products and services and enhance existing relationships.
- Work with technical staff and other internal colleagues to meet customer needs by proposing new range of products or offering customized solutions.
- Arrange and participate in internal and external client debriefs. Number of satisfied customers
- Number of New customers added
- No. of customers lost
- Technical Support coordination
- Ensuring effective coordination between the in-house technical team and the customers for complaint resolution and new product testing Number of satisfied customers
- Number of customer complaints resolved within timeline
- Product Promotion
- Establishment of Corporate Image Planning and overseeing advertising and promotion activities including print, online, electronic media, and direct mail.
- Establishing and maintaining a consistent corporate image throughout all product lines, promotional materials, and events
- Developing and recommending product positioning, packaging, and pricing strategy to produce the highest possible long-term market share.
- Establishing and maintaining relationships with industry influencers and key strategic partners.
- Market Share
- Management and Research
- Submit weekly progress reports.
- Forecast sales targets.
- Track and record activity at customer end for new developments.
- Work with marketing staff to ensure that prerequisites (like prequalification or getting on a vendor list) are fulfilled within a timely manner.
- Ensure we represent the company in the best light by using presentations and recommendation lists.
- Develop a thorough understanding of the company's capabilities to develop solution as per local needs.
- Understand the company's goal and purpose so that will continual to enhance the company's performance both from monetary and volume perspective.
- Timely report submission
- Timely and accurate fulfilling of perquisites
- Meeting and Exceeding Targets
- Business Development Planning
- Present to Sales Managers on business trends with a view to developing new services and products as per the local requirements.
- Identify opportunities for campaigns, services, and distribution channels that will lead to an increase in sales.
- Using knowledge of the market and competitors, identify and develop the company's unique selling propositions and differentiators. Effective formulation and implementation of Business Development Plans
- New Business Development
- Prospect for potential new clients and turn this into increased business.
- Meet potential clients by growing, maintaining, and leveraging your network.
- Identify potential clients, and the decision makers within the client organization.
- Research and build relationships with new clients.
- Set up meetings between client decision makers & company's leaders/Principals.
- Work with technical team to develop proposals/products that speaks to the client's needs, concerns, and objectives.
- Handle complaints/objections by clarifying, emphasizing agreements and working through differences to a positive conclusion. Use a variety of styles to persuade or negotiate appropriately. No. of new prospects converted into customers
- New Product Development
- Development of new products for enhanced performance.
- Work closely with Technical Managers for approvals in New Applications
- Mapping trends in market for OUT OF BOX products.
- Cost Saving research implementation for effective pricing. No. of new products developed
- No. of new products commercialized
- Amount of cost saving
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