Illinois Tool Works

Product Manager - Retail

Illinois Tool Works$85K — $129K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's degree preferred
  • 3 to 5 years of experience in product management within retail and e-commerce
  • Strong business acumen with a proven record of successful business cases
  • Ability to travel up to 25%
  • Technical knowledge of product capabilities and consumer needs

Responsibilities

  • Conduct market research to identify size, trends, and competition
  • Synthesize customer insights and competitive intelligence through various methods
  • Develop understanding of end-user needs to shape product strategy
  • Create and implement strategic growth plans for assigned products
  • Oversee the launch and commercialization of new products
  • Communicate and promote product solutions to users and retailers
  • Evaluate and report on product performance metrics

Benefits

  • 401(k) match plus additional retirement contributions
  • 11 paid holidays plus sick days and vacation time
  • Company-paid life, AD&D, and disability insurance
  • 4 weeks of paid parental leave and adoption reimbursement
  • Tuition reimbursement for education assistance
Full Job Description
Job Description:

Are you an experienced Product Manager excited by shaping products that stand out in crowded retail aisles and digital marketplaces?

Miller Electric, an ITW company, is seeking a Product Manager- Retail to join our team in Appleton, WI supporting the Hobart brand. In this role, you will own the full product life cycle of a key set of welding solutions while driving growth through strategic partnerships with retailers' brick and mortar locations and e-commerce channels. You'll collaborate closely with product development, sales, account management, and marketing teams who will support brand building, content creation, and go-to-market execution. As the leader of these product platforms, you'll play a critical role in delivering measurable market growth and performance through a clear set of strategic priorities.

HOW YOU WILL MAKE AN IMPACT:

Market & Customer Insight
  • Direct and perform market research to define market size, growth and trends including pricing, competition & opportunity.
  • Collect and synthesize customer insights (VOC) and competitive intelligence through customer interviews, market research, and channel knowledge.
  • Develop a deep understanding of the end-user's business and their unmet needs.
  • Investigate and understand customer/market expectations; define product strategy that meets expectations of customers, distributors, sales and the division.
  • Contribute to long range and annual planning process.


Product Profitability
  • Develop and execute strategic growth plans for assigned product platforms to grow the business.
  • Improve product profitability and deliver growth through cost reductions and recommended pricing adjustments. Optimize value proposition of assigned category.
  • Create and deliver clear, concise value propositions for each proposed product, as well as estimated market potential.
  • Make pricing recommendations that position the products to win in the market while maximizing margin potential for the business.
  • Evaluate and report on product performance - sales volume, margins, and market share.


Go To Market Strategy
  • Responsible for successful launch and commercialization of new products.
  • Use creative tactics to communicate and promote new products to both end users and retailers.
  • Act as a liaison with sales, engineering, manufacturing and appropriate division personnel to communicate and deliver product solutions that maintain market leadership.


WHAT YOU NEED TO DO TO BE SUCCESSFUL IN THIS ROLE:
  • Technical: Possess the aptitude to understand product capabilities and consumer needs.
  • Analytical: Demonstrate the ability to analyze current business issues and end-user needs.
  • Leadership: Successfully lead high-level projects and cross-functional teams from start to completion.
  • Relationship-Building: Build strong relationships among employees, distributors, retailers, and key end-users.
  • Presentation: Effectively present and facilitate in front of groups or varying technical knowledge.
  • Collaborative: Act as a team player with a positive attitude, high motivation, and sound decision-making skills.
  • Self-Driven: Well organized, aggressive self-starter with a willingness to learn and grow.
  • Independent: Establish plans independently with limited direction or supervision.
  • Adaptable: Thrive in a fast-paced environment that values an entrepreneurial spirit.
  • Communicative: Demonstrate excellent oral and written communication skills.


QUALIFICATIONS
  • Bachelor's degree required; Master's degree preferred
  • Strong business acumen. Proven history of successful business cases.
  • 3 to 5 years of relevant experience in a product based, storefront retail and ecommerce channels.
  • Up to 25% travel required.


Company Description

Comprised of a market-leading portfolio of best-in-class brands, the businesses of ITW Welding work together to provide premium performance delivered through a breadth of solutions encompassing welding, cutting, consumables, and accessories. ITW Welding North America represents Miller Electric Welding Equipment, Safety & Accessories, Hobart Filler Metals, and Bernard / Tregaskiss MIG Guns.

Miller Electric Mfg. LLC, is headquartered in Appleton, Wisconsin, and wholly owned by Illinois Tool Works (NYSE: ITW). The company maintains its industry leadership by setting the standard for reliability, quality and responsiveness. Our tagline, "The Power of Blue®," is inspired by the blue color of Miller equipment.

The company began with an innovation that responded to customer needs, growing from a one-man operation in 1929, to the world's largest manufacturer of arc welding products. Miller keeps the tradition alive by focusing on its top priority: people.

Why ITW Welding?

Here's what we offer to help you build the future you want:
  • Generous Retirement Benefits - 401(k) match PLUS an additional retirement contribution to help you plan for the future.
  • Paid Time Off - 11 paid holidays, 5 sick days, and vacation time to take time for what matters.
  • Company-Paid Insurance - Life, AD&D, Short-Term & Long-Term Disability insurance to give you peace of mind.
  • Family-Friendly Benefits - 4 weeks of paid parental leave and adoption reimbursement to support your family journey.
  • Education Assistance - tuition reimbursement because we believe in investing in your personal and professional development.


At ITW Welding, we're not just a place to work - we're a community that empowers you to grow and make a real impact. Join us and build a career that makes a difference!

Compensation Information:

The compensation package offers a competitive annual salary of $85,500 to $129,510. This range is dependent on the geographic location, the candidate's qualification, and prior experience. We are committed to maintaining equitable and competitive salaries.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

Similar Jobs

More Jobs at Illinois Tool Works

More Retail & Consumer Goods Jobs

Find similar Product Manager - Retail jobs: