Commercial Product Manager

Recruiter
Pearson UK
Location
London (Central)
Posted
11 Jul 2018
Closes
09 Aug 2018
Contract Type
Permanent
Hours
Full Time

Commercial Product Manager

Description

At Pearson, we’re committed to a world that’s always learning and to our talented team who makes it all possible. From bringing lectures vividly to life to turning textbooks into laptop lessons, we are always re-examining the way people learn best, whether it’s one child in our own backyard or an education community across the globe. We are bold thinkers and standout innovators who motivate each other to explore new frontiers in an environment that supports and inspires us to always be better. By pushing the boundaries of technology — and each other to surpass these boundaries — we create seeds of learning that become the catalyst for the world’s innovations, personal and global, large and small.

The Commercial Product Manager plays a pivotal role in driving the growth of Higher Education qualifications and services, both within the UK and internationally, and in positioning Pearson as an organisation dedicated to tightening the employability skills gap.

Possessing excellent commercial and product management skills, you will drive the growth of a portfolio; leading on growth and expansion strategies, product launches, and commercial contracts, as well as monitoring product and market performance. With a good understanding of market and customer needs, you will also identify new product development opportunities and ensure all new propositions are commercially sound, profitable, and in line with Pearson strategies.

Your excellent communication skills and innate passion for whatever you do will also enable you to champion the portfolio with internal and external stakeholders.

This is a fantastic opportunity for someone with energy, innovation and vision, who is looking to make a difference and be a key part of Pearson’s employability agenda. If this sounds like you, we’d love to hear from you!

Key Responsibilities:

  • Lead on the product management expansion strategy for a portfolio; identifying and leading on the implementation of market/product penetration/development and diversification strategies.

  • Lead the commercial launch and growth strategy for new product launches; working with colleagues in the UK and internationally to define the sales and marketing strategy, competitor landscape, value proposition, and partnership models, as well lead on the implementation and effectiveness against KPIs of the tactical plan.

  • Monitor and report on portfolio performance (revenue and registrations); analysing trends, driving action with internal stakeholders when performance dips, as well as monitoring costs and profitability, to ensure that the portfolio continues to deliver against business objectives.

  • Oversee portfolio performance and lead cross-functional strategies and campaigns to address external threats.

  • Identify new product development opportunities, and lead on the development and validation of the business case to support the proposition.

  • Lead on the business model and pricing strategies the portfolio.

  • Drive commercial opportunities/big contracts; working withinternal stakeholders to identify potential opportunities and pitch solutions to potential partners, developing the proposed value proposition, and leading the development of these commercial solutions, bringing in experts as needed.

  • Work in collaboration with international teams to shape and implement large local projects (such as with Ministries of Education); driving commercial growth of the portfolio.

  • Champion the proposition; participating in new market and product launches, both internally and externally, and leading on initiatives to increase the sales team’s advocacy and knowledge of the portfolio.

  • Monitor the marketplace; identifying and sharing information on global skills gaps, trends and key competitor activity, driving action through other teams where necessary.

  • Understand UK and international market drivers, champion these within the department, and translate these drivers into potential opportunities for the division; working with UK and international colleagues to bring these opportunities through to fruition.

  • Lead the internal roll-out plan to sales and marketing teams for new product development launches; participating in training where necessary, to ensure the sales teams are equipped with the information to grow the portfolio in their markets.

  • Feed into brand experience and drive improvements to the customer experience model; working closely with customers on an on-going basis to define customer value.

  • Manage and define the commercial operational plan and budget, ensuring that activities provide value for money and are in line with Pearson’s strategy.

  • Champion commercial thinking within the department; acting as a coach for others and leading on training to develop the department’s commercial skills.

  • Support the Head of Commercial Management with the overall strategy for the department.

Qualifications

Desirable Previous Experience / Knowledge

Essential:

Track record in leading and managing innovative market winning propositions

Experience in developing and delivering successful long term strategies for products and/ or services

Experience of working within a strategic marketing role

Forward-thinking, pragmatic and commercial approach to work

Engaging and confident individual with strong interpersonal and influencing skills

Extensive previous customer facing experience

Understands and anticipates customer and learner needs to achieve outcomes which benefit both internal and external customers

Experience and evidence of managing client and product profitability

Ability to present complex issues in an easily understood fashion to internal and external stakeholders at all levels

Strong commercial skills, including budget management and financial analysis

Strong written and oral communication, including strong business writing skills

Experience of working closely with product, marketing, sales and operations to deliver the best result and event experience

Experience of conducting market research to inform product propositions.

Direct experience of building products and solutions for/in the education sector

Project management experience and/or management of matrix virtual teams.

Ability to work collaboratively and effectively within a matrix structure

Experience of pit

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