AM Analytics & Product Revenue Strategy
Designation: Assistant Manager
Role: Analytics & Product Revenue StrategyIndustry: Media & EntertainmentLocation: MumbaiExperience: 4-9 Years Post MBA Qualification:
- MBA (Premium Institutes Only)
- At least 4-9 years of post-qualification experience, preferably from Business consulting/ strategy background Roles and Responsibilities:Strategic / Policy related KRAs- Implementing the revenue strategy for the channel/cluster basis channel objectives, budget for the year, market scenario, competition, etc. in order to ensure the sales organization achieves overall revenue target
- Develop deeper insight and understanding of the dynamic market requirements through advertiser/client interaction, and facilitate 'why buy?', propose solutions more suited to client needs, hence resulting in better monetization of advertising opportunities
- Facilitate client and brand-wise spend monitoring on each channel in the cluster and on corresponding competitive channels, and evaluate competitive channel performance within and outside genre
- Develop & drive strategic initiatives to increase share of business with respect to clients spend and help in acquisition of new clients
- Derive long term revenue plans basis the Product & Pricing objectives finalized for the channel
Operational / Process / Technology related KRAs- Building an understanding of the industry and clients through industry reports, trends, articles, BARC data to know plans of our key clients and categories to pre-empt the sales team for proactive pitching.
- Analyze market trends, Media performance versus Brand parameters and other critical trends.
- Support creation of pitch and evaluation of the pitch of annual deals and mega deals
- Engage with sales teams for ensuring revenue rationalization by tracking the funnel/pipeline for a healthy business and designing attractive packages for them to take to the market.
- Providing frontline support through reporting and analytics - Equipping the sales team with data insights so they can handle queries from clients and media planners/buyers with confidence.
- Evolve constantly on current methodologies & tools to incorporate new approaches to advertisers & sponsors.
- Work on comprehensive presentations for reviews as required
- BI & Other Qualitative/Quantitative Reports -Generating relevant reports proactively using BI, BARC and other tools to enable sales team with relevant data points
- Engage with Operations and Traffic teams to optimize the channel potential ensuring the execution of monthly channel objectives.
- Continuously suggest the measures to programming team to better the positioning of the channel in the defined target segments
- Maintain repository of competition pricing with the help of sales teams and continuously evolve pricing strategy basis the intel received.
- Generate and publish periodic channel performance and revenue reports proactively to aid the sales force in revenue achievement by highlighting gaps proactively
Financial Accountability / Commercial Impact- Execute impact/ non FCT elements that convert to higher revenue generation
- Work with finance and PRS lead to develop annual budgets for respective channels as per company goals
- Support creation of annual deals & monthly deals, monitoring channel performance within & outside Genre, Identify & highlight opportunities to CSP/ RH/CH
Performance Measures: - Timely and accurate submission of the budget and reforecast as required and comprehensive view of the performance of the channels
- Presentation of the review in the format as required
- Provide quantifiable inputs which influences favorable decision making by clients and shapes direction of business strategy
Organizational Relationship: - Internal - Ad Sales, Ad sales operations, programming
- External - Client & Agency
Skills:- Strong Quantitative and analytical ability
- BARC Media express, BI/BO tools
- Excellent quantitative aptitude
- Strong Interpersonal skills
- Clarity of thought & ability to think things through
- Excellent communication and presentation skills
Competencies: - Business Acumen
- Planning and organizing
- Influencing Skills
- Result Orientation
- Negotiation Skills