
Product Development Specialist
1 day ago
This role involves developing and executing marketing strategies for over-the-counter brands to drive sales, market share, and profitability. The position requires close collaboration with various teams including sales, medical, R&D, regulatory, and supply chain.
Main Responsibilities:
- Develop annual and long-term marketing plans for assigned over-the-counter brands.
- Identify consumer insights, market trends, and competitor activities to design brand positioning.
- Oversee product launches, relaunches, and lifecycle extensions.
- Monitor brand performance and profitability, ensuring continuous growth.
- Conduct consumer and trade research to identify opportunities.
- Track over-the-counter market dynamics, competitor strategies, and pricing trends.
- Design ATL/BTL campaigns, digital marketing initiatives, and promotional materials.
- Collaborate with creative and media agencies to drive impactful consumer communication.
- Work with sales teams to develop trade marketing plans and support field execution.
- Coordinate with regulatory, medical, and R&D for product compliance and innovation.
- Prepare and monitor marketing budgets for assigned brands.
- Measure ROI of campaigns and track sales performance against targets.
Required Skills & Qualifications:
- Strong knowledge of pharma OTC/consumer healthcare marketing.
- Expertise in brand building, consumer insights, and digital marketing.
- Excellent communication, analytical, and presentation skills.
- Ability to work cross-functionally and manage multiple projects.
- Strategic thinking with strong execution capabilities.
Key Performance Indicators (KPIs):
- Market share growth of assigned OTC brands.
- Achievement of sales and profitability targets.
- Successful product launches and campaign effectiveness.
- Consumer awareness and engagement levels.
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