Director, Marketing and Product Management

ITT Inc.

• $166K — $265K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS in Business, Marketing, Mechanical or Electrical Engineering, or equivalent required
  • 10 years of experience in sales and marketing
  • 10 years of experience with Intellectual Property/Patent Management for new technology
  • 10 years of experience negotiating contract terms and conditions
  • Strong communication skills for internal and external interactions
  • Proficiency in Microsoft Office applications
  • Proven track record in Business Development and Marketing

Responsibilities

  • Guide products through the ITT Stage Gate Development Process
  • Collaborate with Sales to identify opportunities for product lines
  • Create tactical plans for product marketing activities
  • Conduct competitor analysis in market segments
  • Oversee product life cycles including sustained growth and phase-out
  • Develop product pricing and discounting strategies with Sales team
  • Generate and distribute reports on product sales performance
  • Forecast sales for new and existing products
  • Analyze product profitability in collaboration with Controller and Operations
  • Conduct market scans and customer analysis for business development

Benefits

  • Healthcare, dental, and vision coverage
  • Retirement plan options
  • Paid time off and holidays
  • Professional development opportunities
  • Work-life balance support
Full Job Description
Position Summary

Founded in 1973, ITT BIW Connector Systems (Home | ITT BIW Connector Systems) is an industry leader in the design and manufacture of highly engineered connector solutions for the Oil & Gas Industry. We operate on a global basis serving customers in North America, Asia, Europe and the Middle East. Our applications include electrical power penetrations for wellheads, packers and pods. Our products are most commonly used to provide power for electric submersible pumps (ESP) in oil and gas wells, reservoir monitoring instruments and electrical downhole heaters.

The Product Marketing Director will manage all aspects of product marketing. The position will be responsible for all product decisions, marketing strategy, product introduction and aspects of product line management.

Essential Responsibilities

  • Champion products through the ITT Stage Gate Development Process
  • Work actively with Sales to develop opportunities for their product lines
  • Develop periodic tactical plans for all product marketing activities
  • Be familiar with and analyze competitors in our market segments
  • Manage product life cycles including sustaining and obsolescence activities
  • Work with Sales team to develop product pricing and discounting policies
  • Develop and publish various reports on product sales history
  • Forecast sales of new and existing products
  • Work with Controller and Operations on product profitability and product line financials
  • Business Development:
    • Market scanning
    • Customer analysis
    • Concept development
    • Business planning
  • Marketing Communications:
    • Internet and print content management
    • Trade Show coordination and content management
    • 3D animation coordination
    • Electronic marketing and lead generation


Position Requirements

Requirements:
  • BS Business, Marketing, Mechanical Engineering, Electrical Engineering or equivalent required
  • 10 years' experience in sales and marketing
  • 10 years' experience with Intellectual Property/ Patent Management for new technology
  • 10 years' experience with contract terms & conditions negotiation; specifically, the capability to adapt pricing and business models required to introduce or reposition products in various markets.
  • Above average communication skills for both internal and external sales application contacts
  • Above average skills in Microsoft Office applications
  • Demonstrated success in Business Development and Marketing
  • High initiative, goal orientation, execution


Preferred skills:
  • MBA Degree
  • 10 years' experience in product management and product marketing in the Oil and Gas Exploration industry
  • Experience with harsh environment materials and equipment
  • Knowledge of oil and gas market and technology


Equal Pay Act Range

Annual salary range is from $166,000 to $265,200 plus benefits & incentive plan.

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