Product Development Specialist

Roles and responsibilities

Require willingness and ability to undertake specified tasks as directed.
Perform different tasks, process routine documents and maintain day to day activities
Performs routine assignments based on existing policies and procedures of the function.
Receives instruction, guidance and direction from more senior level roles
Support the analysis of the cost of developing a new product and provide the best way to produce a particular item.
Support in providing the required input for the customers’ needs and desires through the research needed to obtain market information
Support the analysis of proposed product requirements and product development programs
collaborate with the technology team to execute the roadmap (products and services) while creating the needed enhancements, features, and solutions
Market Research and Analysis
Market Trend Analysis: Conduct research to understand market trends, customer preferences, and competitor products. Analyze industry data to identify new opportunities for product development or enhancements.
Customer Insights: Gather feedback from customers through surveys, interviews, or focus groups to identify their needs, pain points, and expectations related to existing or potential products.
Competitive Analysis: Evaluate competitor products and market offerings to understand their strengths, weaknesses, and market positioning. Provide insights into how the organization can differentiate its products.
Target Market Identification: Help define the target audience for new products, ensuring the development process aligns with their needs and behaviors.

Desired candidate profile

collaborates
Customer Focus
Drives Results
Instills Trust
Information Technology Strategy
IT Governance
Information Technology Strategy
Product Development Strategy
Product Conceptualization: Collaborate with product managers and development teams to define product concepts, features, and specifications that align with customer needs and business objectives.
Feasibility Analysis: Conduct feasibility studies to evaluate the technical, operational, and financial viability of new product ideas. Provide recommendations based on data analysis and market research.
Product Roadmap Support: Assist in the creation of product development roadmaps, ensuring that timelines, milestones, and priorities are well-defined and aligned with business goals.
Data Analysis and Reporting
Data Collection: Collect and analyze data related to product performance, customer satisfaction, and market acceptance. Use tools such as Excel, SQL, or other analytics software to interpret large datasets.
Performance Tracking: Track product performance metrics, such as sales, customer feedback, and usage patterns, to assess the success of new product launches or updates.
Reporting: Prepare regular reports and presentations for senior management, highlighting product development progress, performance trends, and potential areas for improvement.