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Product Manager
LS Tractor USA Raleigh, NC
$100k-126k (estimate)
Full Time | Wholesale 1 Week Ago
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LS Tractor USA is Hiring a Product Manager Near Raleigh, NC

Job description
This position provides product management for LSTA tractors. Develops product training materials, sales talking points, and product specifications. Organizes product training collaborating with dealer development team and across the organization. Develops and executes product launches collaborating with other teams. Collaborates with the sales & marketing team to develop product promotion plans. Develops and manages the product testing center. Provides research and analysis of LSTA vs competitors products. Identifies market requirements and opportunities, establishes product innovation and enhancement and participates in new product development efforts.
Position Duties and Responsibilities
  • Performs market analysis for LSTA products. Performs Segmentation/Targeting/Positioning (STP) analysis and Strength/Weakness/Opportunity/Threat (SWOT) analysis for each LS Tractor offering.
  • Uses STP and SWOT analysis for current and new LSTA products, directly comparing and evaluating against competitive products.
  • Uses STP and SWOT analysis to develop new product launch plans.
  • Develops launch plan milestones to measure plan progress.
  • Communicates launch plan milestones to stakeholders, ensures executional elements are assigned with due dates.
  • Monitors launch plan progress using milestones to measure completed assignments. Reports on plan progress and make recommendations for adjustments when necessary.
  • Evaluates market and competitive pricing, makes pricing recommendations based on research findings.
  • Collaborates with the marketing team to develop product promotion plans, including farm and trade shows and seasonal promotional activities.
  • Develops and executes product training for the internal organization and dealers, focusing on competitive advantages and features of LSTA products.
  • Acts as a point of contact for Regional Managers and Business Managers regarding product launch strategy and talking points.
  • Engages with sales and marketing teams, providing timely and accurate information regarding LSTA and competitive products. Provides ongoing research and analysis of competitors product, market conditions, identifying key competitor and consumer trends, including new product offerings and competitive pricing. Does comparative analysis against market activity and makes recommendations for competitive response by LSTA.
  • May receive concerns from dealers and/or customers, refers those concerns to proper LSTA resource for resolution.
  • Develops and manages the product testing center.
  • Identifies competitive advantages of LSTA products verses competition. Develops sales strategies and talking points based on these competitive advantages. Trains LSTA sales and marketing teams to understand product strengths and talking points.
  • Develops long term strategy for the products line up.
  • Participate in product development activities to meet market and customer needs.
  • Prepares product documents including Market Requirement Documents and product use cases to drive product activity.
  • Develops and recommend pricing strategies and product policies.
  • Defines and communicates product specifications and establishes and communicates product packaging requirements.
  • Collaborates with cross functional teams.
  • Monitors product inventory and works with purchasing to place orders with vendors to insure adequate product availability.
Education, experience, and skills required
  • Bachelor's degree in Engineering or relevant field
  • Five years product management or related experience, specific to tractors
  • Strong research and analytical skills
  • Outstanding computer skills using Microsoft Office products, particularly Excel and Product Manager. SAP experience is highly desired, but not required.
  • The ability to make decisions in a fast-paced environment with rapidly changing priorities.
  • Excellent written and oral communications skills.
  • Demonstrated ability to coordinate and manage large complex projects and meet deadlines. Excellent collaboration skills with demonstrated ability to work across functional area in the organization
LS Tractor offers a competitive compensation package that includes:
  • Competitive compensation package
  • Company Vehicle
  • Health Insurance – coverage starts on day one, employee coverage paid 100% by LS Tractor, dependent coverage premium 50% paid by LS Tractor
  • After 90-days – Company paid
o Short-term Disability
o Long Term Disability
o Basic Life Insurance
  • After 90-days Optional Coverage
o Dental
o Vision
o Accident Insurance
o Optional Life Insurance
o Cancer Insurance
  • Paid Vacation and Personal Days
  • 11 Paid Holidays
  • 401k with Company match after 1 year

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$100k-126k (estimate)

POST DATE

05/05/2024

EXPIRATION DATE

05/12/2024

WEBSITE

lstractorusa.com

HEADQUARTERS

PEACHTREE CORNERS, GA

SIZE

50 - 100

FOUNDED

2003

TYPE

Private

REVENUE

$10M - $50M

INDUSTRY

Wholesale

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The job skills required for Product Manager include Product Management, Analysis, Product Development, Collaboration, Team Development, Pricing, etc. Having related job skills and expertise will give you an advantage when applying to be a Product Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Product Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Product Manager positions, which can be used as a reference in future career path planning. As a Product Manager, it can be promoted into senior positions as a Product Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Product Manager. You can explore the career advancement for a Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Product Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Product Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Product Manager job description and responsibilities

Product managers provide the expertise needed to lead and make strategic product decisions.

02/22/2022: Saint Petersburg, FL

During the product review, a PM presents an overview of recent launches and any available metrics, upcoming launches, top user needs, and a view of the broader product roadmap.

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Supports the development team by prioritizing the product backlog and creating user stories.

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When customers particularly enjoy a product, product managers take note.

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Works with the engineering team on core specifications and product functionality.

11/29/2021: Springfield, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Product Manager jobs

Learn Fundamentals of Product Management.

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A General Understanding of Data and “Street Statistics”.

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Be a future visionary and product evangelist.

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An understanding of the user life cycle.

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Desire (and Ability) to Work as a Team.

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Step 3: View the best colleges and universities for Product Manager.

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