Product Manager

ITW

13d•$90,000 - $150,000

About The Position

The Product Manager leads and manages assigned products to meet market needs, ensuring their success throughout the entire lifecycle. This role is responsible for maximizing customer satisfaction and achieving growth, profitability, quality, and market share objectives.

Responsibilities

Product Strategy & Innovation Define and communicate the vision, strategy, and roadmap for assigned products, ensuring alignment with the overall product portfolio.
Manage the product portfolio through all lifecycle stages: development, commercialization, growth, maintenance, and obsolescence.
Conduct market research and analysis to determine product pricing for global regions; review margins and adjust pricing to maximize operating income.
Collaborate with Market Managers on translating market insights and customer needs into actionable product strategies and roadmaps.
Develop business cases and compelling value propositions for new product development.
Define product messaging, including target customers, applications, positioning, and competitive landscape.
Collaborate with Marketing to develop customer-facing communications and create sales tools that support business opportunities.
Develop and deliver sales readiness training to prepare channels for new product launches and ensure successful introductions.
Support lead generation activities and programs to drive product adoption.
Work with commercial leaders to develop and execute product sales strategies.
Responsible for product plans and roadmaps, balancing cost, performance, and quality.
Identify and prioritize new product opportunities and growth segments based on market knowledge and customer feedback.
Provide input to Engineering for improvements to existing products, addressing quality concerns and market impact.