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Business Unit Product Manager

Monoprice

Business Unit Product Manager

Brea, CA
Full Time
Paid
  • Responsibilities

    Job Description

    Monoprice is a demonstrated disruptor within the cable and adapter markets, with a strong history in bringing technology to both the home and office environment.

    The Product Management Department is looking for Business Unit Manager who will be responsible for facilitating the identification, development and lifecycle management of innovative, industry leading products for Monoprice. While managing large and/or strategic categories, the Business Unit Manager also plays key roles in cross functional strategies to assist the whole Monoprice team. The Business Unit Manager lives and breathes her/his product categories and is a thought leader in those markets – with a deep understanding of technology trends as well as their customers, competitors, suppliers, substitutes and new entrants. The Business Unit Manager must act both strategically and tactically to achieve the goals set for those product lines.

    The role requires strong team collaboration skills as well as a strong self-starter/ entrepreneurial work ethic. The Business Unit Manager will work closely with Product Development, Program Management, Purchasing, Product Marketing, Marketing, Sales, Customer Service, and Tech Support Teams to ensure clear communication, as well as achieving category and company goals.

    Additionally, the Business Unit Manager may supervise and manage Product Development Managers and/or Assistant Product Managers. In those cases, the Business Unit Manager is responsible for the overall performance of the team as well as the development of the team members, in line with Monoprice values, strategy and vision.

     

    THE ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

    • Provide a holistic perspective on how to succeed as a business within their markets.
    • Utilize technology and market trends to determine areas of opportunity to dominate within current product categories and launch Monoprice into new lines of products.
    • Take ownership of product and category roadmaps to ensure our customers receive the experiences we would want if we were them. Detailed product portfolios by category are maintained and evangelized both internally and externally.
    • Develop product offerings to support key sales channels, including geographies, retail, distribution, education, enterprise, as well as direct to our end users.
    • Continually assess online and retail environments to ensure superior quality, compelling content and competitive merchandising/promotions in line with Monoprice values.
    • Establish, and continually review and revise pricing as needed, with support from pricing team.
    • Collaborate with Marketing and Sales to generate new and effective promotions.
    • Provide unique selling points and other product collateral to support content creation and marketing.
    • Prepare budgets and break-even analyses for new development projects. Understand finance, read P&Ls and be comfortable with numbers. Provide root cause analysis as well as action plan to fix issues and improve on strengths.
    • Collaborate with Internal and Factory Design Teams to modify products and packaging as needed.
    • Continually assess Monoprice website for accuracy, and recommend improvements.
    • Work with cross-functional teams to manage supplier relationships. Have working knowledge of supplier network to the level of specific capabilities, strengths, and weaknesses.
    • Involvement in production ramp-up to mitigate quality and capacity issues.

    THE RIGHT CANDIDATE WILL HAVE

    • Minimum 5-10 years of experience in product development or Product Management in the consumer products industry. Working in e-tail/e-commerce a plus.
    • Solid experience in relevant product development. Sourcing experience will be a plus.
    • Strong relationships within industry and user communities a plus.
    • Bachelor’s degree required, preferably in business, marketing or engineering. MBA or equivalent relevant work experience a plus.
    • Advance Proficiency in Microsoft Office products with a strong Excel background
    • Strong communication skills in an open team environment
    • Ability to quickly make decisions to act as a disruptive force in the industry
    • Out of the box thinking
    • Cultural understanding of communication with overseas factories, ability to adjust communication to deliver information effectively.
    • Ability to travel to attend trade shows or visit customers.

    Company Description

    Monoprice is an e-commerce leader specialized in high quality consumer electronics, cables, audio and video, computer and mobile accessories. Our online store features over 4,000 products at prices far below retail with unmatched delivery and customer service. A team of experienced technicians make sure that quality standards are being adhered at all times. Since 2002, Monoprice has grown rapidly from its in-home roots to an established business built on strong word of mouth recommendations from loyal customers. http://www.monoprice.com/