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Stryker

Downstream Product Manager (Hybrid)

Stryker, Memphis, Tennessee, us, 37544

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The Downstream Product Manager will develop specific marketing plans and activities for specific product(s) or product line(s) to establish, enhance or distinguish product placement within the competitive arena for our Trauma & Extremities business unit.

What you will do:

Understand key competitors and their relative strengths/weaknesses

Understand customer groups, including why customers buy the product or service approach for the product or portfolio

Understand the different marketing channel strategies and associated business implications

Track and report results/KPIs to leadership and sales

Understand key competitors and their relative strengths/weaknesses, and maintain networks of people and resources for obtaining competitive information

Explain different product features to different customers as appropriate to their needs

Maintain customer engagement and deeply understand customer needs

Play a role in developing key strategy documents: strategic plan, annual marketing plan, product launch plans, etc

Support the creation of Project Charters, CERs, and Business Case Financial Models as applicable

Understand competitive dynamics in the market

Understand what customers value and how they perceive different attributes of the product or portfolio

Articulate why the product or portfolio adds value or solves problems for the customer

Create marketing strategies to understand, develop, and enhance the relationship between the customer and the product or portfolio

Propose objectives for generating clinical evidence and evaluating studies

Tie the business goal of the product or portfolio to the overall goal of Stryker

Synthesize market trends and make recommendations on areas of strategic focus

Develop new strategies, sales tools, and communication plans for the product or portfolio

Apply clinical knowledge in combination with technical knowledge to educate and articulate value

Work closely with sales training/sales enablement to set the sales training strategy for the product or portfolio

Responsible for the obsolescence plan

Provide analytical support to set the price

Articulate desired communications outcomes consistent with marketing strategy to the MarComm team

Establish short-range and long-range improvement goals for the product management team, and under guidance, develop action plans to achieve those goals

Analyze customer satisfaction to assess trends in customer engagement, and incorporate trends into strategic planning

Provide the marketing intelligence group with key objectives and inputs to drive customer insights

What you need (Required):

Bachelor’s degree required

4+ years of work experience required

Demonstrated proficiency in Microsoft Office (Excel, Word & PowerPoint)

Preferred Qualifications (Strongly desired):

MBA preferred

2+ years of medical device or marketing experience preferred

Excellent presentation and interpersonal communication skills

Strong analytical and problem-solving skills

Ability to manage multiple projects while delivering on established timelines

Ability to be persuasive in the absence of organizational authority

Must be able to understand and work within complex interdivisional procedures and policies

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance.

Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.

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