Product Manager

MFused
Scottsdale, AZ Full Time
POSTED ON 7/30/2024 CLOSED ON 8/3/2024

What are the responsibilities and job description for the Product Manager position at MFused?

SUMMARY OF ROLE:

The Product Manager is responsible for the overall development and management of MFUSED’s product lines. This role involves identifying potential products, conducting market research, generating product requirements, determining specifications, production timetables, pricing, and developing time-integrated plans for product introduction. Additionally, the Product Manager will develop marketing strategies to ensure successful product launches and market penetration.

ESSENTIAL DUTIES AND RESPONSIBILITIES (include the following, but other duties may be assigned):

  • Market Research: Conduct detailed market research to understand customer needs and desires, including surveys, focus groups, and data analysis.
  • Product Recommendations: Recommend the nature and scope of present and future product lines by reviewing and updating product specifications and requirements and assessing new product ideas or packaging changes.
  • Competitive Analysis: Continuously assess market competition by comparing MFUSED’s products with those of competitors and identifying areas for improvement.
  • Marketing Communications: Define product marketing communication objectives and provide source data to ensure consistent and effective messaging.
  • Sales Strategy: Collaborate with the sales director to develop and implement product sales strategies aimed at increasing market share.
  • Customer Engagement: Engage with customers directly, alongside field sales teams, to gather feedback and assess the effectiveness of product marketing and sales strategies.
  • Forecasting and Reporting: Prepare detailed short-term and long-term product sales forecasts, special reports, and analyses for management review.
  • Inventory and Production Management: Review and adjust inventory levels and production schedules to ensure optimal inventory turnover and product availability.
  • New Product Introduction: Manage the process of bringing new products to market, including analyzing proposed product requirements, conducting return-on-investment analyses, and coordinating with engineering and manufacturing to establish time schedules.
  • Pricing Strategy: Determine product pricing by analyzing market research data, reviewing production and sales costs, and forecasting sales volumes for special and customized orders.
  • Professional Development: Maintain and enhance professional and technical knowledge by attending educational workshops, reviewing industry publications, establishing personal networks, and participating in professional societies.

SUPERVISORY RESPONSIBILITIES:

  • No direct supervision. Will set performance standards and monitor the progress of product quality and production demands.

CERTIFICATES, LICENSES, REGISTRATIONS:

  • Will be required to obtain certificates or licenses within 90 days of employment that are required to operate in existing markets. Additionally, will need to be able to obtain certificates and licenses in new markets as needed.
  • A valid driver's license and a willingness to travel as needed for business purposes.

EDUCATION AND EXPERIENCE:

  • Must be at least 21 years of age.
  • Bachelor’s degree in Business, Marketing, Product Management, or a related field. Experience may substitute for a degree.
  • Minimum of 3 years of experience in product management or a related role, preferably within the cannabis industry.
  • Proven track record of successfully managing product lines from conception through to market launch.
  • Experience with market research methodologies and competitive analysis.
  • Demonstrated ability to partner to develop and execute product marketing strategies with a marketing team.

COMPETENCIES (SKILLS AND ABILITIES):

  • Analytical Skills: Strong ability to analyze market data, customer feedback, and sales trends.
  • Communication Skills: Excellent verbal and written communication skills, with the ability to present complex information clearly and persuasively.
  • Project Management: Proven ability to manage multiple projects simultaneously, ensuring timely and successful completion.
  • Problem-Solving: Strong problem-solving and decision-making skills, with a proactive approach to identifying and addressing issues.
  • Team Collaboration: Ability to work collaboratively with cross-functional teams, including sales, marketing, engineering, and manufacturing.
  • Technical Proficiency: Proficiency in product management software and tools, such as JIRA, Trello, or similar platforms.

PHYSICAL DEMANDS/WORK ENVIRONMENT:

  • The role requires the ability to sit, stand, and work at a computer for extended periods.
  • Occasional travel may be required to visit production sites, attend conferences, and meet with customers.
  • The work environment is primarily office-based, with occasional visits to production and customer sites.
  • Exposure to cannabis products and manufacturing equipment may occur.

Compensation for this role will be based on experience, work location, and other factors. Candidates must be at least 21 years old. We are not sponsoring Visas at this time. Must be able to legally work in the United States. Candidates will need to provide documentation verifying identity and legal work authorization within 3 business days.

About MFUSED:

MFUSED is a minority-owned and operated Cannabis company headquartered in Seattle, Washington, with other offices in Phoenix, Arizona; Bangkok, Thailand; and soon to be Long Island, New York. We are committed to crafting safe and effective marijuana and hemp-derived cannabinoid products, setting the bar for excellence in our industry. As the largest marijuana brand in Washington State and the fastest-growing marijuana brand in Arizona, we are expanding our influence across states and continents. This role will be based either in our Seattle or Phoenix offices, offering an exciting opportunity to be a part of an innovative and rapidly growing industry leader.

Equal Employment Opportunity Statement:

MFUSED is an equal opportunity employer dedicated to fostering an inclusive environment for all team members. We celebrate diversity, and we're committed to creating a workplace where everyone's unique perspective is valued. We don't discriminate on the basis of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We believe that diversity leads to innovation, and we invite candidates from all backgrounds and experiences to join us in shaping the future of the Cannabis industry.

At MFUSED, we're excited to review your application and welcome you to our mission of excellence and inclusivity in the Cannabis world.

Job Type: Full-time

Pay: $50,000.00 - $80,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift

Application Question(s):

  • What compensation are you looking for in a new position?

Education:

  • Bachelor's (Preferred)

Experience:

  • product management: 3 years (Preferred)
  • project management: 1 year (Preferred)

Ability to Relocate:

  • Scottsdale, AZ 85260: Relocate before starting work (Required)

Work Location: In person

Salary : $50,000 - $80,000

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