Group Product Manager / Product Manager
MSN LaboratoriesHyderabad, Telangana, India11 hours ago
Job descriptionOversee the lifecycle of pharmaceutical products, from launch. Plan and implement strategies for new product introductions and ensure successful rollouts. Monitor and evaluate product performance and adapt strategies accordingly. Conduct in-depth analysis of market trends, customer behavior, and competitor activities. Identify growth opportunities and potential risks. Use data to make informed decisions about marketing strategies and budget allocation. Design and execute marketing campaigns across various platforms (digital, print, etc .). Collaborate with cross-functional teams to ensure campaign success. Monitor and measure campaign effectiveness through key performance indicators (KPIs). Work closely with sales teams to align marketing strategies with sales objectives. Coordinate with medical, regulatory, and R&D teams to ensure brand compliance and scientific accuracy. Engage with external stakeholders, such as agencies, suppliers, and healthcare professionals, to promote the brand. Prepare and manage the marketing budget for the brand. Optimize spending to maximize return on investment (ROI). Monitor financial performance, including sales targets and profitability. Build and maintain relationships with healthcare professionals, key opinion leaders (KOLs), and patient advocacy groups. Gather insights from stakeholders to refine strategies and improve product offerings. Ensure all marketing activities comply with pharmaceutical regulations and ethical standards. Stay updated on legal and industry-specific guidelines for marketing and communication. Leverage digital tools, social media, and technology to promote the brand. Implement innovative approaches, such as AI-driven insights or personalized marketing strategies, to enhance brand visibility. Train sales and marketing teams on product features, benefits, and promotional strategies. Keep the team updated on the latest market trends and brand initiatives. Key Skills Required : Strategic thinking and analytical skills, Strong communication and interpersonal abilities. Knowledge of the pharmaceutical industry and its regulations. Creativity and innovation in branding, brand communication and marketing. This role is pivotal in establishing the pharmaceutical product as a trusted brand in the market while ensuring compliance and meeting business objectives. Degree in Pharmacy Sciences / MBBS / BDS / Pharm D MBA in marketing is advantageous. Post-Graduation with specialization in marketing / pharma marketing is desirable
1.Brand Strategy Development
- Develop and execute a comprehensive branding and marketing strategy for assigned products.
- Position the brand effectively to meet market demands and stay competitive. Conduct market research to understand customer needs, patient journey, customer preferences, and competitive positioning.
2. Brand Lifecycle Management
3. Market Research and Analysis
4. Brand Campaign Management
5. Team Collaboration
6. Budget and Financial Management
7. Stakeholder Engagement
8. Regulatory and Compliance
9. Digital Marketing and Innovation
10. Training and Development
Minimum work experience - 3-8 years of experience in Brand Management in pharmaceutical
Qualification :
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Product Manager • Hyderabad, Telangana, India
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