Senior Product Manager, Luxury Home Appliances, Dacor

Company: Samsung Electronics America
Location: Ridgefield Park
Posted on: August 7, 2022

Job Description:

Position SummarySince its start in 1965, Dacor has set out to be a different kind of appliance company - one that not only celebrates the preservation and preparation of food, but also the experiences that process creates. We help bring to life moments and memories that last a lifetime.At Dacor, we seek to elevate the art of everyday living. We do so through unwavering passion and dedication to beautiful design, precision performance and connection to the world around us. It is this passion and differentiation that enables our discerning consumers to focus on what matters most to them, their lives at home. With record-breaking growth over the last two years, Dacor is poised to take on the luxury appliance category and chart its course towards market leadership. We are backed by the strength and scale of our global parent, and yet we remain focused and nimble with entrepreneurial spirit and flexibility that allows Dacor to surprise and challenge the status quo. We invite you to join our dynamic leadership team as Senior Product Manager for Dacor Luxury Appliances.As Senior Product Marketing Manager for Dacor Luxury Appliances, you will architect and manage the marketing mix for Dacor for existing and new products, including product positioning, go-to-market strategy, pricing and promotions and collateral development. This role will also ensure that key performance metrics such revenue, margin, profit, market share are actively monitored, managed and reported to local leadership. Success cannot be achieved alone, and you will also need to collaborate with key cross-functional teams to ensure accurate forecasting and inventory alignment as well as demand generation. This will equip our Luxury Sales Team with the products and information needed to position and sell Dacor with regional and national distribution customers. This role will also have an international aspect, working with global HQ to recommend refinements to current and future products by formulating, sharing, and defending data-driven insights regarding local market and customer/consumer preferences and behaviors.Role and ResponsibilitiesRoles and Responsibilities:Marketing Planning: Defines and drives the execution of the marketing plan for Dacor Luxury Appliances segment to meet the P&L goals and KPIs. Includes informing campaign and media planning, PR and events, and trade showsProduct Planning: Drives product launch planning and implementation for a strategic product line-up, including supply chain alignment, promotional bundling, assortment planning, and merchandisingProduct Lifecycle Management: Develops and executes the marketing plans essential for ensuring success and achieving targeted business metricsP&L Ownership: Leverages the financial target planning (TP) process to set and monitor monthly customer sales targets, to allocate promotional spending, and to monitor and drive inventory forecast accuracySales Forecast Optimization & Reporting: Closely monitors and analyzes category market performance, sales feedback, and reseller inventory (sell-in / sell-out ratio) to resolve business challenges. Analyzes sales forecasts and monitors sales and marketing investments as needed for maintaining accurate target plans (TP) and inventory balance and for achieving business P&L goalsInventory Management: Collaborates with product supply to effectively manage inventory to optimize sales, while minimizing on-hand quantitiesPartnership: Collaborates with sales teams and customers to develop key customer-specific sell-in and sell-through strategies, programs and pricing, requiring pitch presentations to retailers and buying groupsNew Product Development: Actively works with HQ to develop category and product roadmaps and to identify in advance the new model capabilities and release dates that will ensure the timely development of promotional material and inventory clearance strategiesContact with Korea HQ: Works closely with HQ to communicate local dealer/trade/consumer behaviors and preferences for a category to influence current and new product features. Works with senior leadership and maintains a consistent relationship with Korean Business ManagersPeople Management: Manages and develops product marketing talent to ensure high caliber product marketing teams and bench strength for future growth.Skills and QualificationsNecessary Skills / Attributes:Key Credentials - Bachelor's degree (B.A. or B.S.). MBA Preferred. 8 or more years of experience in brand and/or product management, with some experience managing the P&L. Advanced experience with Microsoft Excel and PowerPointCategory Knowledge - Understanding of the Luxury Appliances or Luxury Kitchen Market a plus. Related building products categories also relevantData Maven - Robust analytical capability, with the ability to perform a variety of detailed analyses, estimate promotional sales lifts, sales forecasts, and sales opportunities for new product launches. Team Player - Strong interpersonal skills, with ability to build partnerships both internally and externally. Strong team and x-functional collaborator, who can identify and adjust when to be either the leader or a partner in any given project situationStoryteller - Capability to articulate ideas clearly and concisely in a variety of settings, adjusting the message to match the audience level and size. Experience in creating, and comfortable with presenting, compelling presentations to Dacor, Samsung and CustomersConsumer Expert with Customer Orientation - Adept at understanding and addressing needs of luxury consumers. Considers the dealers, trade partners and end-users when designing product and go-to-market strategies, by consistently applying consumer learnings when making decision.Dacor is a leading luxury home appliance brand known for building distinctive appliances rooted in style and driven by innovation delivering elevated connections, every day. For additional information, please visit Dacor.com or follow us on Instagram, Facebook, Twitter or LinkedIn. The Dacor brand is fully owned by Samsung Electronics America.Samsung Electronics America, Inc. is committed to employing a diverse workforce, and provides Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.#LI-MR1#LI-Hybrid Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here. Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.COVID-19 Vaccine MandateSamsung Electronics America requires all employees to be fully vaccinated against COVID-19, unless a medical or religious exemption, or an exemption required under state/local law, is approved. Offers of employment are contingent upon proof that a candidate is fully vaccinated or qualifies for an exemption. More details on how to apply for an exemption are provided after the application process is complete.Reasonable Accommodations for Qualified Individuals with Disabilities During the Application ProcessSamsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-###-####) or for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.

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