Assistant Product Manager at LG Electronics Africa

The Assistant Product Manager will be responsible for monitoring tasks involved in marketing, sales and production, PSI management, supporting the product manager in decision making and developing strategies to promote a product while ensuring the efficiency of the implemented product development and marketing strategies

PRINCIPAL RESPONSIBILITIES

Pricing & Promotional Strategy:

• Through detailed analysis of company target and market activity, prepare weekly, monthly sales reports
• Work closely with Product Manager to develop pricing models and promotional plans for Key Account Executives to present with goal to win incremental floor spots and grow market share
• Main contact for Regional Sales Managers for promotional pricing to target profitable mix and to increase flyer exposure to drive sales volume
• Analyze sales/market trends to identify misses and to strategically target sales goal in effort to close gaps.

Product Development

• Monitoring production / shipping schedules/logistics
• Preparing and executing new product launch processes
• Analyze competition and support merchandizing planning Analyze market share and in-store share and identify competitive issues through store visits and market intel
• Correspond with the factory and HQ division on a regular basis to support product and marketing communications for the local team
• Maintaining system data (Product net) to reflect current and accurate product information
• New Product Introduction Event - Industry show and Training Event Support
• Support Marketing Team for the production of marketing material & tools and training modules Supply Chain Management support; analyze PSI by model and bring up issues.

Performance Management

• Open and distribute incoming regular and electronic mail and other material and co-ordinate the flow of information internally and with other departments and organizations
• Answer telephone and electronic enquiries and relay telephone calls and messages
• Set up and maintain manual and computerized information filing systems Determine and establish office procedures
• Greet visitors, ascertain nature of business and direct visitors to employer or appropriate person
• Record and prepare minutes of meetings
• May compile data, statistics and other information to support research activities
• May supervise and train office staff in procedures and in use of current software.
• May organize conferences

KNOWLEDGE, SKILLS AND ABILITIES

Relevant experience(s) & duration

• Bachelor's Degree in Business Administration
• At least 3 year of sales/marketing or product management experience to drive projects, managing and building new relationships with internal and external partners, and building team spirit.

Knowledge and skills (general and technical)

• Excellent written and verbal communication skills (Direct Communication with Key Account Managers and Customers) in order to be the center point of all BU related communications.
• Experience with launching new products, demonstrating i.e. leading and providing direction to people from sales, supply chain, marketing, and factory
• Bilingualism: Proficiency in multiple languages (English/Korean)

Other requirements

• Must be a team player
• Strong analytical capabilities
• Strong advanced Excel, Power point skills.
• Strong Business sense - Business acumen
• Fluent in Korean Language